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Page 1
         2024




                                              ANNUAL REPORT
                                                     2024
                                                                                  PT. BANK MEGA, Tbk.

         ANNUAL REPORT




         Advancing Technology Innovation
         for Sustainable Future                                                             Advancing Technology Innovation
                                                                                                 for Sustainable Future




                                                Advancing Technology Innovation
                                                     for Sustainable Future




         PT. BANK MEGA, Tbk.
         Menara Bank Mega
         Jl. Kapten P. Tendean No. 12 - 14A
         Jakarta 12790


                                                                                                         2024
                                                                                                        ANNUAL REPORT




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         Disclaimer
         Welcome to the 2024 Annual Report of PT. Bank
         Mega, Tbk. with the theme of “Advancing Technology
         Innovation for Sustainable Futu”. This Annual Report
         is issued in accordance with OJK Regulation Number
         29/POJK.04/2016 concerning Annual Report of
         Issuers or Public Companies and Circular Letter
         of The Financial Services Authority Number 16/
         SEOJK.04/2021 concerning the Form and Content of
         Annual Report of Issuers or Public Companies.

         This Annual Report may contain several statements
         that consist of future projections and views
         describing the Company’s perspective on future
         financial events and performance, as well as financial
         conditions, operating and business results, economic
         conditions, sector conditions and related plans and
         objectives.


         These perspectives are based on various current
         estimations and assumptions that may change in
         line with uncertainties, contingencies, and various
         business risks and economic conditions that may
         change at any time. These variables could cause
         actual results, performance and events to differ
         materially from those predicted or projected; and
         are beyond the control of the Company and the
         Company’s Board of Directors. Such statements are
         not directly or exclusively related to historical facts
         and do not reflect the Company’s intentions, plans,
         expectations, assumptions and beliefs regarding
         future events. There is no guarantee that future
         events will occur, projections will be achieved, or
         that the Company’s assumptions are correct. These
         statements are not and should not be considered as a
         representation of the Company’s future performance.

         This annual report contains the words “Bank” and
         “Bank Mega” defined as PT Bank Mega Tbk, which
         carries out business activities in the banking sector.
         Sometimes, the words “Company” and “Company.” It
         was also used for convenience to refer to PT Bank
         MegaTbk in general. Terms for the currency unit
         “Rupiah”, “Rp” or “IDR” refers to the official currency
         of the Republic of Indonesia, whereas “US Dollar”,
         ‘US$” or “USD” refers to the official currency of
         the United States of America. The entire financial
         information is presented in Rupiah.




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                                                                 Pampering Customers
                                                                 Through Cutting-Edge
                                                                 Technology

                                                                 Bank Mega proudly launched Bank
                                                                 Mega Tap to Pay in 2024, becoming
                                                                 one of the pioneering banks to offer
                                                                 such a service. This service reflects
                                                                 Bank Mega’s commitment to always
                                                                 providing security, convenience,
                                                                 and speed in transactions for its
                                                                 customers.

                                                                 Bank Mega Tap to Pay is a feature
                                                                 in M-Smile that allows customers
                                                                 to make fast and easy payments
                                                                 using an Android smartphone with
                                                                 NFC functionality. Transactions are
                                                                 completed simply by bringing the
                                                                 smartphone close to a payment
                                                                 terminal (EDC/POS).

                                                                 Furthermore, as part of the CT
                                                                 Corp ecosystem, which operates in
                                                                 retail and consumer finance, Bank
                                                                 Mega will continue to offer various
                                                                 advantages for its customers.




                 Advancing Technology Innovation for Sustainable Future           2024 Annual Report • PT BANK MEGA Tbk   1



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                               Performance
                               2024




               Theme
               Continuity


                                                                PT BANK MEGA Tbk




                                                                          Advancing Technology Innovation
                                                                               for Sustainable Future




           2024


                    Advancing
                    Technology Innovation                                                2024
                                                                                        LAPORAN TAHUNAN


                    for Sustainable Future


                    In 2024, Bank Mega took strategic steps in leveraging digital technology
                    advancements to ensure long-term growth and resilience. By integrating modern
                    banking technology, Bank Mega is able to enhance the customer experience,
                    strengthen risk management through improved security, and expand accessibility
                    to financial services.

                    Through ongoing investment in technology, Bank Mega reaffirms its position as a
                    forward-thinking institution focused on long-term sustainability, customer-centered
                    solutions, and leadership in the banking industry.




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                     PT BANK MEGA Tbk




                                                                               2023
                                                                               Refocus in Business Strategy for Sustainable Growth


                                                                               The year 2023, full of challenges and dynamic economic conditions, encourages Bank Mega
                                                                               to closely monitor its performance. The Bank has also decided to prepare for a refocusing
                                                                               of its business strategy. By aligning its business strategy focus with all its strengths and
                                                                               resources, the bank will be able to grow more sustainably in the future. The bank is committed
                                                                               to continuously developing digital services to become a one-stop financial service provider
                                           2023 Laporan Tahunan                by utilizing the CT Corp ecosystem.




                                                        ‘22  LAPORAN TAHUNAN
                                                                               2022
                                                                               Optimizing Digital Ecosystem for Excellence Performance


                                                                               Through the digital ecosystem of CT Corp, Bank Mega offers various benefits and seamless
                                                                               experience to its customers when they do transaction with any product or service of CT Corp

                                                 “  OPTIMIZING
                                                       DIGITAL
                                                   ECOSYSTEM
                                                FOR EXCELLENT
                                                PERFORMANCE.
                                                                               units, be it financial services, retail products, entertainment and many others. Bank Mega is
                                                                               committed to further develop its digital capabilities to offer fi ne services to its customer and
                                                                               achieve optimum business results for all stakeholders of Bank Mega.

                                                                      ”
                      PT. BANK MEGA Tbk.




                                                                               2021
                                                                               Enhancing Digital Excellence


                                                                               Bank Mega is committed to continuously improving the excellence of its digital services to
                                                                               provide convenient and secure transactions for customers. Bank Mega also continues to add
                                                                               digital features and strengthen transaction security infrastructure. This digital development
                                                                               can also increase customer loyalty. For this reason, the Bank is committed to continuing to
                                                                               develop digital services on an ongoing basis, to become a one stop financial service under
                                                                               the support of CT Corp.




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                               Performance
                               2024




               Our Competitive
               Advantage



              01                              Business synergy with business groups with PT CT
                                              Corpora as the ultimate parent company

                                             The advantage of Bank Mega being within the ecosystem of PT CT Corpora (“CT
                                             Corp”) is to be able to provide more benefits to the customers. Customers will
                                             enjoy various discounts and attractive offers when doing transactions using a Bank
                                             Mega card in all CT Corp business units, including financial products, retail outlets,
                                             entertainment products, and others.




              02                              Diversified banking products and services


                                             Bank Mega offers diversified banking products and services to both institutional and
                                             individual customers.




              03                              Digital services


                                             Continuous innovation in Bank Mega’s digital transformation has increased the
                                             number of M-Smile users. The number of M-smile users in 2024 has reached more
                                             than 24% of total retail customers or increased by 24% from 2023.




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            04                          Strong capital


                                       Bank Mega has a strong working capital base with a CAR ratio of 25.77% as of 2024.
                                       This strong capitalization provides more room to expand lending going forward.




             05                          Strong network throughout Indonesia


                                        Bank Mega has an office network spread across Indonesia consisting of 306 sub-
                                        branches, 55 branches, 8 regional offices and 2 functional offices as of December 31,
                                        2024.




             06                          Rated idAA-/stable by Pefindo


                                        Bank Mega has a very strong capacity to meet its long-term financial commitments
                                        relative to that of other Indonesian obligors.




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                               Performance
                               2024




               2024
               Performance
                               Facing the challenging year of 2024, Bank Mega
                               believes that with every challenge, opportunities
                               are always available to be seized. The entire
                               management team and employees worked together,
                               focusing on implementing the business strategy
                               that had been set and successfully closed the year
                               with positive business performance achieved by the
                               end of 2024.




                                     2.17%                                        1.24%
                    Assets                                           CASA
                    As of December 31, 2024, recorded                The proportion of low-cost
                    assets increased from IDR132.05                  funds successfully increased,
                    trillion at the end of 2023 to                   from 28.83% at the end of 2023
                    IDR134.92 trillion.                              to 30.07%.




                                    2.50%
                    Third-party Funds
                    Amidst the intense competition to acquire third-party funds (DPK) throughout
                    2024, Bank Mega’s DPK increased from IDR89.43 trillion at the end of 2023 to
                    IDR91.67 trillion.




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                   Increased Number of Transactions




                                11,714,512                                transactions

                  The number of transactions conducted by
                  M-Smile users throughout the year 2024.




                   Increase in M-Smile Downloads




                                 27.4%
                  In 2024, M-Smile downloads experienced a
                  significant increase from 870,000 in 2023
                  to 1,108,473.




                   Value of M-Smile Transactions




                                IDR49.9 trillion
                  Total Transaction Value through the
                  M-Smile Application in 2024.


                                    Increased compared to
                     37.3% the transaction value of
                                    the previous year.




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                               Performance
                               2024




               Table
               of Contents

                  1 Pampering Customers                                                                               Management

                                                       03                                       04
                    Through Cutting-Edge
                                                                         Company                                      Analysis
                    Technology
                                                                         Profile                                      and
                  2 Theme Continuity
                                                                                                                      Discussion
                  4 Our Competitive
                    Advantage
                                                        56 Corporate Identity                     124 Economic Review
                                                        57 Company at a Glance                    128 Operational Review by


              01
                                                                                                       Business
                                                        58 Milestone                                   and Geographical Segment
                                     Performance
                                     2024               58 Chronology of Changes to               146 Marketing Aspect
                                                            the
                                                            Company Name                          148 Financial Review
                                                       60 The Company Logo                        157 The Main Financial Ratios
                 12 Financial Highlights
                                                        61 Business Activities                    159 Base Lending Rate
                 16 Operational Highlights
                                                        62 Products and Services                 160 Capital Structure and
                 17 Shares Information                                                                 Management
                                                        66 Operational Areas                           Policy on Capital Structure
                 18 Corporate Actions
                                                        68 Vision, Mission, and                   161 Material Commitments for
                 18 Temporary Shares Trading                Corporate Culture                          Capital Expenditures
                     Suspension/Delisting
                                                        70 Organizational Structure               162 Realization of Capital
                 19 Other Securities Highlights                                                        Expenditure
                                                        72 Board of Commissioners’
                 19 Corporate Ratings                       Profile                               162 Material Information and
                 20 Awards and Certification            77 Board of Directors’ Profile                 Material Information
                                                                                                       Subsequent Events
                 24 Important Events In 2024            86 Management Changes After
                                                            2024 Financial Year                   163 Dividend Policy and Its
                                                                                                       Distribution
                                                        87 Profile of Non-Commissioner


              02
                                                            Committee Members                     165 Information About The Share
                                     Management                                                        Ownership of Employees
                                                        94 Executive Officers Profile                  and/or Management Program
                                     Report                                                            (ESOP MSOP)
                                                        98 Composition of Shareholders
                                                       100 Corporate Group Structure              166 Provision of Funds to Related
                                                                                                       Parties and Bank
                 30 Board of Commissioners             101 Chronology of Share                         Management
                     Report                                 Issuance
                                                            of Share and/or Listing               167 Information About The
                 38 Board of Commissioners                                                             Realization of The Use of
                                                       102 Business Group Structure                    Funds from The Public
                40 Board of Directors Report                                                           Offering
                                                       104 Subsidiaries and Associate
                 50 Board of Directors                      Entities                              167 Material Information
                 52 Statements of Accountability       104 Chronology of Share                         Regarding Investment,
                     of 2024 Annual Report                  Issuance of                                Expansion, Divestment
                                                            Share and/or Listing                       Business Merger, Acquisition,
                                                                                                       and/ or Debt/Capital
                                                       106 Association Membership                      Restructuring
                                                       107 Supporting Capital Market              168 Material Information on
                                                            Institutions and Professions               Transactions that Contain
                                                       108 Information on the                          Conflict of Interest and/or
                                                            Company Website                            Transactions with Affiliated
                                                                                                       Parties/Related Parties
                                                       108 Office Network Address




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                  177 Changes in Laws and                   342 Corporate Support for Anti
                        Regulations That Have a                   Corruption
                        Significant Effect on the
                                                            344 Implementation of the
                        Company
                                                                  Personal Data Protection
                  178 Changes in Accounting                       Law and Consumer & Public
                        Policies                                  Protection Efforts in the
                        and Their Impact on the                   Financial Services Sector
                        Company
                                                            347 Whistleblowing System
                  179 Target, Realization and
                        Projection                          349 Code of Conduct

                  180 Business Prospect                     350 Legal Cases

                   181 Information on Business              350 Administrative Sanction
                        Continuity                           351 Adequacy of Transparency
                  182 Business Supporting                         Financial and Non-Financial
                        Overview                             351 Self-Assessment of
                  194 Capital and Risk Management                 the Implementation of
                                                                  Commercial
                                                                  Bank Governance
                                                             352 Implementation of Guidelines


                05
                                                                  For Public Company
                                       Corporate                  Governance
                                       Governance
                                                            354 Implementation of Integrated
                                                                  Governance
                                                            355 Access to Information and
                  266 Introduction                                Data
                  268 Governance Structure
                  270 Annual General Meeting of


                                                           06
                        Shareholders
                                                                               Sustainability
                  278 Board of Commissioners
                                                                               Report
                  284 Board Of Directors
                  298 Transparency of Information
                        Related to the Board of
                        Commissioners and Board of


                                                           07
                        Directors
                                                                               Financial
                  302 Committees Under The                                     Statements
                        Board of Commissioners
                  312 Committee Under The Board
                        of Directors
                  325 Corporate Secretary
                  329 Internal Audit
                  332 Compliance Function
                  336 Internal Control System
                  338 Implementation of Other
                        Corporate Governance
                  341 Insider Trading Prevention
                        Policy
                  342 Anti-Corruption and/or Fraud
                        Policy




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                            Performance
                            2024




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                                01
                                                    2024
                                                    Performance




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                                Performance
                                2024




               Financial
               Highlights

               Statement of Financial Position
                                                                                                                                                                 (Expressed in billions of Rupiah)

                                                                                         2024                  2023                       2022                   2021                   2020
                Financial Assets                                                            126,474               123,464                  133,021                  124,792                 103,615

                Non Financial Assets                                                             8,441                8,586                  8,729                        8,087                 8,588

                Total Assets                                                                134,915               132,050                  141,750                  132,879                 112,203

                Loans                                                                        64,645                  66,293                 70,289                       60,677               48,487

                Third Party Funds                                                            91,669                  89,436                102,950                       98,907               79,186

                Financial Liabilities                                                       113,009               109,370                  120,334                  112,542                   93,385

                Non Financial Liabilities                                                         724                     924                    782                      1,193                   610

                Total Liabilities                                                           113,733               110,294                  121,116                  113,735                   93,995

                Total Equities                                                               21,182                  21,756                 20,634                       19,144               18,208

                Total Liabilities and Equities                                              134,915               132,050                  141,750                  132,879                 112,203




               Total Assets                                                                                Total Liabilities
               (Rp billion)                                                                                (Rp billion)


                                              133,021                                                                                        120,334
                                 124,792                    123,464      126,474                                                112,542                                        113,009
                                                                                                                                                               109,370
                                            141,750
                   103,615                                                                                     93,385
                                                                       134,915
                               132,879                    132,050                                                                           121,116


                                                                                                                             113,735                                         113,733
                                                                                                                                                             110,294


                 112,203


                                                                                                             93,995
               8,588          8,087        8,729        8,586         8,441
                                                                                                            610            1,193           782             924              724

                 2020           2021         2022          2023         2024                                 2020            2021           2022             2023            2024


                  Non Financial Assets       Financial Assets         Total Assets (RHS)                      Non Financial Liabilities          Financial Liabilities            Total Liabilities (RHS)




                                                                                 Total Equities
                                                                                 (Rp billions)


                                                                                                             21,756     21,182
                                                                                                   20,634
                                                                                         19,144
                                                                              18,208




                                                                                 2020      2021     2022      2023        2024




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                 Statements of Profit or Loss and other Comprehensive Income
                                                                                                                                   (Expressed in billions of Rupiah)

                                                                      2024             2023                      2022              2021               2020
                   Interest income                                        10,289            10,217                  9,069               8,110               8,046

                   Interest expense                                       (5,189)           (4,685)                (3,200)             (3,269)            (4,133)

                   Net Interest Income                                     5,100             5,532                  5,869               4,841               3,913

                   Other Operating Income                                  1,815             2,288                  2,498               3,140               2,919

                   Other Operating Expenses                               (3,684)           (3,487)                (3,365)             (3,038)            (3,097)

                   Net Operating Income                                    3,231             4,333                  5,002               4,943               3,735

                   Non-operating income (expenses) - net                      26                   10                     26                10                (20)

                   Income Before Income Tax                                3,257             4,343                  5,028               4,953               3,715

                   Income Tax Expenses                                     (626)              (832)                  (975)               (945)              (707)

                   Net Income For The Year                                 2,631             3,511                  4,053               4,008               3,008

                   Other comprehensive income for the year, net of
                                                                           (747)                   448                  236              (972)                914
                   income tax

                   Total Comprehensive Income for The Year, Net of
                                                                           1,884             3,959                  4,289               3,036               3,922
                   Income Tax

                   Basic Earnings Per Share (Full Amount)                    224                   299                  345               341                 256

                   Profit for the year attributable to owners of
                                                                           2,631             3,511                  4,053               4,008               3,008
                   the parent

                   Total comprehensive income attributable to
                                                                           1,884             3,959                  4,289               3,036               3,922
                   owners of the parent




                  Net Interest Income                                               Other Operating Income
                  (Rp billion)                                                      (Rp billion)


                                  5,869                                                      3,140
                                          5,532                                     2,919
                                                  5,100
                          4,841                                                                          2,498
                                                                                                                  2,288
                 3,913
                                                                                                                           1,815




                 2020      2021   2022    2023    2024                              2020     2021        2022     2023     2024




                  Income Before Income Tax                                          Net Income For The Year
                  (Rp billion)                                                      (Rp billion)


                          4,953   5,028                                                     4,008        4,053

                                          4,343                                                                   3,511

                 3,715                                                              3,008
                                                  3,257                                                                    2,631




                 2020      2021   2022    2023    2024                              2020     2021        2022     2023     2024




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                               Performance
                               2024




               Statements of Cash Flows
                                                                                                         (Expressed in billions of Rupiah)

                                                                2024        2023          2022           2021               2020
                Net cash flows provided from operating            15,463     (10,339)        16,607          10,933               (546)
                activities

                Net cash flows used in investing activities      (15,577)      4,289        (13,443)          1,064             (4,933)

                Net cash flows used in financing activities       (1,380)     (1,787)        (1,239)         (2,096)              (670)

                Net Increase (Decrease) in Cash and Cash          (1,494)     (7,837)         1,925           9,901             (6,149)
                Equivalents

                Cash and Cash Equivalents at Beginning of The     11,680      19,517         17,592           7,691             13,840
                Year

                Cash and Cash Equivalents at End of The Year      10,186      11,680         19,517          17,592               7,691




               Financial Ratios
                                                                                                          (Dinyatakan dalam persentase)

                                                                2024        2023          2022           2021               2020

                Capital

                Capital Adequacy Ratio (CAR)                      25.77%      26.17%         25.41%         27.30%              31.04%

                Tier 1 ratio                                      25.09%      25.40%         24.64%         26.51%              30.19%

                Tier 2 ratio                                       0.68%       0.76%          0.77%           0.79%              0.85%

                CET 1 ratio                                       25.09%      25.40%         24.64%         26.51%              30.19%

                Earning Assets

                Non-Performing Earning Assets and Non-             2.07%       1.58%          1.13%           1.04%              1.30%
                Productive Assets to Total Earnings and Non
                Productive Assets

                Non-Performing Earning Assets to Total             1.01%       0.99%          0.78%           0.66%              0.67%
                productive Assets

                Allowance for Impairment Losses for Financial      0.60%       0.56%          0.49%           0.46%              0.46%
                Assets to Productive Assets

                Non-Performing Loans (NPL) to Total Loans -        1.69%       1.57%          1.23%           1.12%              1.39%
                Gross

                Non-Performing Loans (NPL) to Total Loans -        1.22%       1.18%          0.91%           0.81%              1.07%
                Nett

                Rentability

                Return On Asset (ROA)                              2.56%       3.47%          4.00%           4.22%              3.64%

                Return On Equity (ROE)                            13.62%      17.62%         23.15%         23.49%              19.42%

                Net Interest Margin (NIM)                          4.64%       5.21%          5.42%           4.75%              4.42%

                Operating Expense to Operating Income             73.61%      65.60%         56.76%         56.06%              65.94%
                (BOPO)

                Cost to Income Ratio (CIR)                        51.13%      42.74%         38.46%         36.80%              43.66%

                Liquidity

                Loan to Deposit Ratio (LDR)                       70.34%      74.03%         68.04%         60.96%              60.04%




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                                                                                                                                   (Expressed in Percentage)

                                                                            2024             2023            2022              2021            2020

                   Compliance

                   a. Percentage of Violation of Legal Lending
                      Limit

                         a.1. Related Parties                                   0.00%               0.00%       0.00%             0.00%                0.00%

                         a.2. Third Parties                                     0.00%               0.00%       0.00%             0.00%                0.00%

                   b. Percentage of Excess of Legal Lending Limit

                         b.1. Related Parties                                   0.00%               0.00%       0.00%             0.00%                0.00%

                         b.2. Third Parties                                     0.00%               0.00%       0.00%             0.00%                0.00%

                   GWM Primary Rupiah

                   Daily                                                        0.00%               0.00%       0.00%             0.50%                0.00%

                   Average                                                      7.95%               6.88%       7.85%             3.04%                3.07%

                   GWM Foreign Currency                                         4.12%               4.05%       4.03%             4.01%                4.15%

                   Net Open Position                                            0.34%               0.75%       0.21%             0.46%                0.26%




                  ROA                                               ROE                                                 NIM
                  (%)                                               (%)                                                 (%)


                            4.22                                            23.49   23.15                                              5.42
                                    4.00                                                                                                       5.21
                  3.64                                                                                                         4.75                      4.64
                                              3.47                  19.42                                               4.42
                                                                                            17.62

                                                      2.56                                           13.62




                 2020       2021    2022      2023    2024          2020    2021    2022    2023     2024           2020       2021    2022    2023      2024




                  BOPO                                              LDR                                                 CAR
                  (%)                                               (%)                                                 (%)


                                                      73.61                                 74.03                   31.04
                                                                                                     70.34
                 65.94                        65.60                                 68.04
                                                                                                                               27.30
                                                                            60.96                                                      25.41   26.17    25.77
                                                                    60.04
                            56.06   56.76




                  2020      2021    2022      2023    2024          2020    2021    2022    2023     2024           2020       2021    2022    2023     2024




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                                 Performance
                                 2024




                Operational
                Highlights

                                                                                          2024                      2023                2022                  2021                2020

                 Non-Digital Operations

                 Total Employees                                                                  5,701                 6,244                  6,131                6,320               5,052

                 Total ATM                                                                          539                    582                  637                   671                 684

                 Cash Office                                                                          -                      -                     -                     -                    40

                 Total Sub- Branches                                                                306                    312                  326                   322                 283

                 Total Branches                                                                      55                     55                    55                   54                     54

                 Regional Offices                                                                     8                      8                     8                     8                     8

                 Functional Offices                                                                   2                      3                     2                     2                     2

                 Digital Banking Services

                 Total M-Smile Application Downloads                                        1,108,473                870,300              639,465                430,385             217,190

                 Total M-Smile Application Users                                             971,531                 784,118              581,311                394,564           286,977 *

                 Transaction Value                                                               49,908               36,339               20,967                 10,737                4,893

                 Total Transactions                                                       11,714,512                8,842,330           5,669,771              3,679,204           2,064,677




                Total M-Smile Application Downloads & Total M-Smile Application Users
                (full amount)


                                                                                                                         1,108,473

                                                                                                                                     971,531
                                                                                             870,300
                                                                                                          784,118

                                                                  639,465
                                                                             581,311

                                            430,385                                                                                                         Total M-Smile Application Downloads
                                                      394,564
                         286,977
                                                                                                                                                            Total M-Smile Application Users
               217,190
                                                                                                                                                        *   The beginning of the launch of
                                                                                                                                                            M-Smile, user data combines
                                                                                                                                                            M-Smile and Mega Mobile users
                   2020*                         2021                  2022                         2023                         2024




                Transaction Value (RpMilliar) & Total Transactions (RHS)
                (Rp billion)


                                                                                       11,714,512

                                                                                        49,908
                                                                  8,842,330

                                                                    36,339

                                                      5,669,771

                                3,679,204              20,967

              2,064,677
                                                                                                                       Transaction Value (Rp billion)
                                   10,737
                4,893
                                                                                                                       Total Transactions (RHS)
                2020               2021                 2022        2023                 2024




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                 Shares
                 Information


                 INITIAL PUBLIC OFFERING                                                    Statement for the initial public offering became
                                                                                            effective and on April 17, 2000, the shares were listed
                 Bank Mega conducted an initial public offering of                          and traded in the Indonesia Stock Exchange.
                 its 112,500,000 shares with par value of Rp500 (full
                 amount) per share at offering price of Rp1,200 (full                       Please refer to the Stock Listing Chronology section
                 amount) per share. On March 15, 2000, in accordance                        of the Company Profile chapter for more information
                 with the letter from the chairman of BAPEPAM-LK                            on the Bank’s initial public offerings and additions.
                 No. S-493/PM/2000, the Bank’s Registration




                 SHARES TRADING PERFORMANCE

                 Bank Mega reports the Bank’s share trading performance quarterly throughout 2023, as shown in the table and
                 chart below:


                                                             Share Prices                          Transaction                                        Market
                                                                                                                                Shares
                             2024                                                                    Volume                                        Capitalization
                                                Highest         Lowest            Closing                                     Outstanding
                                                                                                (Thousand Shares)                                   (RpMillion)

                   Quarter I                         5,325           4,300             5,300                 3,711            11,623,514,905                46,494,059

                   Quarter II                        5,450           5,025             5,075                 1,921            11,623,514,905                46,494,059

                   Quarter III                       5,250           4,940             4,950                 1,523            11,623,514,905                58,001,339

                   Quarter IV                        5,000           4,000             4,130                 1,991            11,623,514,905                46,494,059




                                                             Share Prices                          Transaction                                        Market
                                                                                                                                Shares
                             2024                                                                    Volume                                        Capitalization
                                                Highest         Lowest            Closing                                     Outstanding
                                                                                                (Thousand Shares)                                   (RpMillion)

                   Quarter I                         6,500           5,025             5,100                 4,026            11,623,514,905                59,279,926

                   Quarter II                        5,400           4,840             5,400                    993           11,623,514,905                62,766,980

                   Quarter III                       5,500           4,910             5,500                 1,496            11,623,514,905                63,929,332

                   Quarter IV                        5,500           5,100             5,100                 6,264            11,623,514,905                59,279,926



                 Shares Price Movement 2023-2024
                 (Expressed at full amount)


                                                                                                       Trading Volume (RHS)
                 Closing Price (Rp)                                                                       (Thousand Shares)
                  7,000                                                                                               7,000
                                                             6,264
                 6,000                 5,400      5,500               5,300                                           6,000
                               5,100                         5,100                 5,075       4,950
                 5,000                                                                                                5,000
                              4,026                                                                     4,130
                 4,000
                                                                          3,711                                       4,000

                 3,000                                                                                                3,000
                                                                                   1,921                1,991
                  2,000                          1,496                                         1,523                  2,000
                                          993
                  1,000                                                                                               1,000                 Closing Price

                     0                                                                                                0                     Trading Volume (RHS)
                                1Q       2Q         3Q        4Q          1Q        2Q          3Q       4Q
                               2023     2023       2023      2023        2024      2024        2024     2024



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                            Performance
                            2024




               Corporate
               Actions


               Throughout 2024, Bank Mega did not conduct corporate actions such as stock split, reverse stock, stock
               dividend, bonus shares, and changes in the nominal share value.




               Temporary Shares Trading
               Suspension/Delisting


               SHARES TRADING SUSPENSION AND/OR DELISTING

               Bank Mega was not subject to any stock trading sanction either in the form of stock trading suspension and/
               or shares delisting throughout 2024.




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                 Other
                 Securities Highlights


                 In 2020, Bank Mega issued another subordinated bond of IDR 50.00 billion. The issuance of the subordinated
                 bonds is to comply with the provisions of POJK No.14/POJK.03/2017 dated April 4, 2017 concerning the
                 Recovery Plan Report for Systemic Bank.

                 Please refer to the section “Chronology of other securities” in the “Company Profile” section for further
                 information on the chronology of the issuance of the two subordinated bonds.

                 The structure of the subordinated bonds is as follows:


                                                                                        Nominal                                                      Rating
                                           Issuance        Tenor                                       Maturity            Coupon
                     Bond Series                                        Currency         (IDR
                                             Date          (Year)                                       Date              (per Year)          2023            2022
                                                                                        billion)

                   Obligasi             May 28, 2020       5 Year         Rupiah           50            May 28,            9.00%             NA              NA
                   Subordinasi I                                                                          2025
                   PT Bank Mega
                   Tbk seri A Tahun
                   2020




                 Corporate
                 Rating

                 Pefindo has assigned Bank Mega’s corporate credit rating on February 7, 2025 with the following explanatory
                 notes:


                                            Rating Validity                                     Rating
                    Rating Agency                                   Rating Criteria                                             Rating Description
                                                Period                                     2024       2023

                   Pemeringkat            1 Desember 2023 -            Peringkat           idAA-      idAA-     An obligor rated idAA differs from the
                   Efek Indonesia          1 Desember 2024            Perusahaan                                highestrated obligors only to a small degree,
                   (Pefindo)                                                                                    and has a very strong capacity to meet its long-
                                                                                                                term financial commitments relative to that of
                                                                                                                other Indonesian obligors. The minus (-) sign
                                                                                                                indicates that the rating is relatively weak within
                                                                                                                its category.

                                                                        Outlook            Stable     Stable    Stable means that a rating is not likely to change

                 Currently has been upgraded by Pemeringkat Efek Indonesia with idAA- rating valid from February 7, 2025 - February 7, 2026




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                            Performance
                            2024




               Awards and
               Certification


                  Awards




               Organizer                               Organizer                               Organizer
               Infobank and MRI                        Investor Trust dan BGK Foundation       Investortrust
               Event                                   Event                                   Event
               The 7th Satisfaction Loyalty            Transparansi & Penurunan Emisi          Investortrust Best Bank 2024
               Engagement (SLE) Awards 2024            Korporasi Terbaik 2024
                                                                                               Achievement
               Achievement                             Achievement                             Best Bank 2024 KBMI 3
               For 9 Categories KBMI 3                 • Transparansi Penurunan Emisi
                                                                                               Date of Acceptance
                                                         Korporasi Predikat Green
               Date of Acceptance                                                              Juli 11, 2024
                                                       • Transparansi Perhitungan Emisi
               Februari 1, 2024
                                                         Korporasi Predikat Silver
                                                       Date of Acceptance
                                                       Mei 29, 2024




               Organizer                               Organizer                               Organizer
               Fortune Indonesia                       Majalah Peluang                         Bisnis Indonesia
               Event                                   Event                                   Event
               100 Indonesia’s Biggest Companies       Best Bank Performances of MSMEs         Bisnis Indonesia Financial
               2024                                    Loans Award 2024                        Awards 2024
               Date of Acceptance                      Achievement                             Achievement
               September 6, 2024                       Bank Berpredikat “Sangat Prima”         The Most Efficient Bank KBMI 3
                                                       Kategori Modal Inti Rp14 Triliun
                                                                                               Date of Acceptance
                                                       Sampai Dengan di Bawah Rp70
                                                                                               September 18, 2024
                                                       Triliun (KBMI 3)
                                                       Date of Acceptance
                                                       September 9, 2024




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                 Organizer                                   Organizer                        Organizer
                 Majalah Marketing                           Zalora                           Blibli
                 Event                                       Event                            Event
                 Digital Marketing Award                     ZALORA Partnership Award         Blibli Award 2024
                 Achievement                                 Achievement                      Achievement
                 Peringkat 1 Kategori Bank Nasional          Excellence in Campaign           Best Growth Payment Partner
                 Dengan Modal 5-30 Triliun                   Collaboration
                                                                                              Date of Acceptance
                 Date of Acceptance                          Date of Acceptance               September 2024
                 September 2024                              September 2024




                 Organizer                                   Organizer                        Organizer
                 Kontan & One GML                            Media Asuransi                   Indonesian Institute for Corporate
                                                                                              Directorship
                 Event                                       Event
                 Stellar Workplace Award 2024                Digital Financial Excellence     Event
                                                             Awards 2024                      The 15th IICD Corporate Governance
                 Achievement
                                                                                              Conference and Award
                 • Stellar Workplace Recognition in          Achievement
                   Employee Commitment                       4th Rank                         Achievement
                 • Stellar Workplace Recognition in                                           Top 50 Big Capitalization Public
                                                             Date of Acceptance
                   Employee Satisfaction                                                      Listed Company
                                                             November 2024
                 Date of Acceptance                                                           Date of Acceptance
                 Oktober 31, 2024                                                             November 25, 2024




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                            Performance
                            2024




               Organizer                                                                                                                   Organizer                              Organizer
               VISA Indonesia                                                                                                              Majalah SWA & Business Digest          Tempo Data Science &
                                                                                                                                                                                  Transparancy International
               Event                                                                                                                       Event
                                                                                                                                                                                  Indonesia
               VISA Indonesia Award                                                                                                        Indonesia Digital Customer
               Achievement                                                                                                                 Engagement Champion in Services        Event
                                                                                                                                           Industry 2024                          Indeks Integritas Bisnis Lestari
               • Outstanding Issuer Wallet
                                                                                                                                                                                  2024
                 Volume Growth - Non KBMI 4                                                                                                Achievement
               • Outstanding Credit Cardholder -                                                                                           Very Good                              Achievement
                 Non KBMI 4                                                                                                                                                       Predikat Sapphire
                                                                                                                                           Date of Acceptance
               • Outstanding Credt Card Volume                                                                                                                                    • Predikat “Sapphire” pada Aspek
                                                                                                                                           Desember 5, 2024
                 - Non KBMI 4                                                                                                                                                       Bisnis BerintegritaslAnti -
                                                                                                                                                                                    Korupsi
               Date of Acceptance
                                                                                                                                                                                  • Predikat “Sapphire” pada Aspek
               November 26, 2024
                                                                                                                                                                                    Bisnis dan Hak Asasi Manusia
                                                                                                                                                                                  • Predikat “Sapphire” pada Aspek
                                                                                                                                                                                    Lingkungan Hidup
                                                                                                                                                                                  Date of Acceptance
                                                                                                                                                                                  Desember 10, 2024




                  Certification


                                ISO/IEC 27001:2022
                                INFORMATION SECURITY MANAGEMENT SYSTEMS (ISMS)



                                PT Bank Mega Tbk
                                Office & Data Center 2 : Menara Bank Mega Lt. 8, Jl. Kapten Tendean 12-14A, Mampang Prapatan,
                                Jakarta Selatan (12790)
                                has been found to conform with the requirements of the Management System Standard mentioned above.


                                Scope of Certification (Head Office)
                                ISMS for The Provision of Data Center Physical Security in PT. Bank Mega, Tbk

                                This is in-accordance with Statement of Applicability Document, Number: 001/ITSO-
                                ISMS/2024, Version 2.0, Released date 02 July 2024
                                This certificate includes 1 ( one ) appendix for sites legal entities, addresses and scopes of
                                the multi-sites organization




                                                    ISMS1001262


                                                                       15 September 2022
                                                                       09 September 2024
                                                                       10 September 2024
                                                                       14 September 2025




                                                                                                                                     1/2




               Certification Type                                                                                                          Certification Type                     Certification Type
               ISO/IEC 27001:2013                                                                                                          PCI DSS                                Tier III – Design Data Center
               Date of Acceptance                                                                                                          Date of Acceptance                     Date of Acceptance
               September 15, 2022                                                                                                          April 28, 2023                         April 28, 2023
               Certificate Provider                                                                                                        Certificate Provider                   Certificate Provider
               CBQA Global                                                                                                                 Uptime Institute                       Uptime Institute
               Validity Period                                                                                                             Validity Period                        Validity Period
               September 14, 2025                                                                                                          Juli 7, 2025                           April 27, 2025




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                            Performance
                            2024




               Important
               Events in 2024




               January 18-19                           February 4                              February 21

               Bank Mega Working Meeting 2024          Make It First - Customer                Signing of Bank Mega - IHH
                                                       Appreciation With Ponkam Oranges        Healthcare Cooperation




               February 19 - 25                                              February 29, - March 3

               Mega Travel Fair Phase 1 in Jakarta                           Mega Travel Fair Fase ke- 1 di Bandung




               March 1                                 March 8                                 March 17

               RUPST dan Paparan Publik                Distribution of Syndicated Credit to    Make It First - Appreciate
                                                       PT GHJ Indo Coal                        Customers With Dates - Jakarta




               March 17                                March 17                                March 17

               Make It First - Appreciate              Make It First - Appreciate              Make It First - Appreciate
               Customers With Dates - Bandung          Customers With Dates - Semarang         Customers With Dates - Surabaya




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                 March 17                                   March 17                             March 17

                 Make It First - Appreciate                 Make It First - Appreciate           Make It First - Appreciate Customers
                 Customers With Dates - Medan               Customers With Dates - Makassar      With Dates - Balikpapan




                 March 19                                   April 2                              April 25

                 MMDP XXI Opening                           Mega Peduli 2024                     55th Anniversary Thanksgiving,
                                                                                                 Blood Donation and Mini MCU




                 June 5                                     June 6                               June 14

                 Make it First - Invite Customers to        Market Update Treasury               MMDP XVIII Graduation
                 Watch Bad Boys 4 Together- Ride            Product - KPNO
                 or Die




                 June 26                                    July 16                              July 19

                 Visit to SDN 16 Siparayo, Recipient        Handover of Grand Prize Meriah       Socialization of Personal Data
                 of Mega Berbagi Donations                  Bareng Mega of 1 Unit of BMW 520i    Protection
                                                            M Sport



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                            Performance
                            2024




               July 19                                 August 9                                 August 25

               Market Update Treasury                  MMDP XXII Opening                        Launching of Tap To Pay, The New
               Product - Regional Semarang                                                      Way of Payment




               September 4                             September 2-8                            September 12-15

               Service Day                             Mega Travel Fair 2nd Phase in            Mega Travel Fair Phase 2 in Bandung
                                                       Jakarta




               September 9                             September 11                             September 20

               Syndicated Loan to PT INKA              Launching Meriah Bareng Mega, It’s       MMDP XIX Graduation
                                                       Easy to Become a Billionaire who
                                                       Can Do Anything




               September 30                            October 3                                September 4

               Make It First - Customer                Market Update Treasury                   Market Update Treasury
               Appreciation With Bimoli Cooking        Product - Regional Jakarta 2             Product - Regional Jakarta 1
               Oil




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                 October 11                                 October 27                           November 7

                 Inauguration of Renovation of YPPI         Meriah Bareng Mega - Funwalk 5K,     Mega Berbagi Customer Gathering
                 Baleendah Middle and High School           Like a Bilionaire di CFD Jakarta




                 November 12                                November 28                          December 1

                 Market Update Treasury                     Credit Facility to PT Asian Bulk     Meriah Bareng Mega - Funwalk 3K,
                 Product - KPNO                             Logistic                             Like a Bilionaire di CFD Bandung




                 December 1                                 December 8                           December 13

                 Meriah Bareng Mega - Funwalk 5K,           Meriah Bareng Mega - Funwalk 5K,     Holding Radiance of Elegance
                 Like a Bilionaire di CFD Makassar          Like a Bilionaire di CFD Semarang    Fashion Show




                 December 13                                December 15                          December 15

                 Disbursement of Credit Facility to         Meriah Bareng Mega - Funwalk 5K,     Meriah Bareng Mega - Funwalk 5K,
                 PT Bayan Resources Tbk                     Like a Bilionaire di CFD Medan       Like a Bilionaire di CFD Samarinda




                 December 20

                 Trial of QRIS Tap Near Field
                 Communication with Authorities
                 and Associations

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                                   Management
                                   Report




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                                02
                                                    Management
                                                    Report




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                                   Management
                                   Report




               Report of
               the Board of Commissioners




                                                                                    Chairul Tanjung
                                                                                    Komisaris Utama



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                                     The Board of Commissioners continuously
                                     supervises the implementation of strategic policies
                                     carried out by the Board of Directors, as well as
                                     providing support, advice, and counsel to maintain
                                     the Bank’s performance.




                          Our Esteemed Shareholders and Stakeholders,


                          The Board of Commissioners recognizes that         Global and Indonesian Economy in 2024
                          the challenges faced in 2024 will not be easy.     The global economy in 2024 experienced
                          Therefore, throughout 2024, we engaged             high uncertainty, driven by increasing
                          in intensive communication with the Board          geopolitical tensions, including the ongoing
                          of Directors to discuss various business           conflict between Russia and Ukraine and
                          strategies and significant issues, including the   Israel’s attack on Palestine. Throughout
                          implementation of the 2024 business plan,          2024, many countries held elections, leading
                          business development, and improvements             to the emergence of new national leaders,
                          in internal control quality. Directions to the     both in developed and developing countries,
                          Board of Directors were provided through           including the United States. This leadership
                          mechanisms established in the Articles of          change is expected to bring about policy
                          Association and applicable regulations.            direction differences, resulting in economic
                                                                             policy uncertainty and impacting market
                          The Board of Commissioners remains                 sentiment. The re-election of President Trump
                          committed to overseeing that Bank Mega             in the United States (US) at the end of 2024,
                          is managed professionally, in line with            with his ‘America First’ policy, could lead to
                          the interests of Shareholders and other            significant changes in the future geopolitical
                          Stakeholders.                                      and economic landscape.

                          Through this Annual Report, the Board of           The rapid changes in global geopolitical
                          Commissioners will elaborate on various            dynamics impacted the development of
                          matters related to the execution of its duties     the global economy and financial markets
                          and responsibilities, including our assessment     throughout 2024. Overall, Bank Indonesia and
                          of the Board of Directors’ performance,            the IMF forecast global economic growth in
                          supervision of strategy implementation, views      2024 to be 3.2%, a slight slowdown from 3.3%
                          on the business prospects outlined by the          in 2023, while the World Bank predicts that
                          Board of Directors, and the application of the     global economic growth will remain stable at
                          Bank’s Governance throughout 2024.                 2.7% in 2024 amid geopolitical tensions and
                                                                             high interest rates.




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                                     Management
                                     Report




               In the midst of a global economic environment                According to data from the Financial Services
               marked by high uncertainty, Indonesia’s economy              Authority (OJK) as of September 2024, Bank KBMI
               and financial services sector showed resilience and          4 experienced the highest increase in CoF, reaching
               continued to grow positively. Economic growth                39.80% year-on-year (yoy). This was followed
               throughout 2024 was recorded at 5.03%, with positive         by Bank KBMI 2 with a CoF increase of 25% yoy.
               performance indicators for the financial services            Meanwhile, Bank KBMI 3 saw a 23.70% yoy increase,
               sector, supported by a solid capital foundation,             and KBMI 1 saw a 9.30% yoy increase. As a result of
               adequate liquidity, and well-managed risk profiles.          this high CoF, banking profitability has been under
                                                                            pressure, with interest income tending to decline.
               Bank Indonesia has consistently set its monetary
               policy interest rate to guide inflation forecasts and        Referring to these conditions, the Indonesian
               expectations. In order to maintain the value of the          banking industry is believed to remain resilient and
               Rupiah, Bank Indonesia temporarily halted its plan           competitive, supported by a relatively high capital
               to lower interest rates for the remainder of 2024            adequacy ratio (CAR) of 26.78% (September 2024),
               after making a single adjustment in September 2024.          which is strong in absorbing risks and supporting
               Indonesia’s inflation rate remained stable in the range      credit growth.
               of 2.5% +1.
                                                                            Digital economic and financial transactions remain
               In line with efforts to maintain stability, Bank Indonesia   strong, in line with the increasing public preference
               decided to raise the BI-Rate by 25 basis points from         for online shopping, the expansion and convenience
               6.00% to 6.25% at the April 2024 Board of Governors          of digital payment systems, and supported by secure,
               Meeting (RDG). Then, with the strengthening of               smooth, and reliable payment systems.
               the Rupiah, Bank Indonesia lowered the BI-Rate by
               25 basis points to 6.00% at the September 2024               Performance of Bank Mega
               RDG. By the end of 2024, Bank Indonesia had not              In 2024, Bank Mega’s total assets increased to
               continued further BI-Rate cuts.                              IDR134.91 trillion, compared to IDR132.05 trillion in
                                                                            the same period in 2023.
               However, this situation has impacted the Cost of Fund
               (CoF) for the banking sector. The banking industry is        The achievement of Third-Party Funds (DPK) for
               facing intense competition in terms of raising funds         Bank Mega in 2024 rose to IDR91.67 trillion, up from
               amid high interest rates. This has prompted banks to         IDR89.43 trillion in the same period in 2023, or an
               increase third-party deposit interest rates, which in        increase of 2.5%. The intense competition in fund
               turn puts pressure on profitability.                         collection amid high interest rates led to this increase
                                                                            in DPK being accompanied by higher interest
                                                                            expenses and Cost of Fund. Deposits still make up
                                                                            the largest portion of Bank Mega’s DPK. However, the
                                                                            CASA ratio slightly increased to 30.07% from 28.83%
                                                                            the previous year. We appreciate the Board of
                                                                            Directors’ efforts to increase the proportion of low-
                                                                            cost funds amid the tight competition in collecting
                                                                            Third-Party Funds.




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                 In 2024, loans totaled IDR64.64 trillion, a decrease        In terms of Information Technology, the Board of
                 of 2.5% from IDR66.29 trillion in the previous year.        Commissioners believes that the digitalization of
                 This decline was due to several corporate debtors           financial products and services has become a key
                 accelerating their loan repayments. Corporate loans         demand that affects the sustainability of the Bank’s
                 still make up the largest contribution to total loans.      operations. Despite the challenges of digitalization,
                 The Board of Directors remains cautious and selective       the Board of Directors remains strongly committed to
                 in disbursing loans amidst intense competition.             making continuous improvements and developments
                 The non-performing loan (NPL-net) ratio remained            in the Bank’s various digital services. The Board of
                 relatively stable, with a slight increase to 1.22% from     Commissioners also believes that the Bank is on the
                 the previous 1.18%.                                         right track in optimizing the use of technological
                                                                             advancements to provide convenience and security
                 The bank recorded a profit before tax (PBT) of              to customers, as well as to support the efficiency and
                 IDR3.26 trillion, a decrease from IDR4.34 trillion in       effectiveness of our operations.
                 the previous year, and a net profit of IDR2.63 trillion
                 in 2024, down from IDR3.51 trillion in the same period      Good progress has been made in Bank Mega’s
                 last year, reflecting a 25.06% decrease. The decline in     digital transformation, where, to date, the M-Smile
                 profit was primarily due to an increase in the bank’s       development has been equipped with several new
                 interest expense, which rose to IDR5.19 trillion in 2024    features to support smarter banking operations. In
                 from IDR4.68 trillion in the same period last year. The     2024, Bank Mega launched the Tap to Pay feature, a
                 bank’s net interest margin (NIM) ratio decreased to         new way of making payments using a virtual credit
                 4.64% from 5.21% in 2023.                                   card. Bank Mega became one of the pioneers in
                                                                             offering the Tap to Pay payment transaction service.
                 Regarding profitability ratios, the Return on Assets
                 (ROA) decreased to 2.56% from 3.47% in 2023. The            With the features that the Bank has, it is expected
                 Return on Equity (ROE) stood at 13.62%, down from           that there will be an improvement in customer
                 17.62% in the previous year. In line with the efficiency    experience, smoother transactions, and targeted
                 measures implemented, the Bank has recorded a               marketing, thus successfully deepening customer
                 BOPO ratio of 73.61%, up from 65.60% in the same            engagement throughout the year.
                 period in 2023.
                                                                             The Board of Commissioners appreciates the
                 Assessment of           the    Board      of   Directors’   Board of Directors’ initiative to prioritize customer
                 Performance                                                 data security as part of Bank Mega’s cybersecurity
                 In facing the macroeconomic developments,                   strategy. The Board of Commissioners is confident
                 strategies, policies, and initiatives that can be           that the implementation of the right strategies
                 effectively implemented are required. The evaluation        and development of information technology will
                 of the Board of Directors’ performance in 2024              enable the Bank to adapt to digital technological
                 was carried out by the Board of Commissioners,              advancements and continue to provide the best
                 referring to the achievement of financial and non-          experience for its customers.
                 financial targets, the implementation of the General
                 Meeting of Shareholders (GMS) decisions, the
                 execution of governance principles, and compliance
                 with recommendations provided by the Board of
                 Commissioners. The achievements in 2024 have not
                 met the set targets, but in our view, the Board of
                 Directors has responded well to the challenges and
                 closely monitored the developments in the banking
                 industry to ensure that Bank Mega’s performance
                 remains positive, particularly by implementing
                 efficiency measures across all areas. Overall, we
                 believe that the existing challenges can be managed
                 effectively.




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               Supervision of the Formulation and                        The Outlook on the Bank’s Business Prospects
               Implementation of the Bank’s Strategy and                 Prepared by the Board of Directors
               Policies                                                  A number of uncertainties still pose challenges,
               The Board of Commissioners consistently supervises        causing dynamics in the global economy, including
               the implementation of the strategic policies carried      uncertainties in economic and geopolitical policies,
               out by the Board of Directors, and provides support,      economic slowdown in several countries such as
               advice, and guidance to maintain the Bank’s               China and the United States, ongoing geopolitical
               performance as outlined in the Bank’s Business Plan       tensions, high inflation in several countries, pressure
               (RBB).                                                    from global financial markets, climate change,
                                                                         supply chain disruptions, and global interest rate
               Supervision of the formulation and implementation         uncertainties.
               of the Bank’s strategy and policies is carried out
               in accordance with the provisions of the Articles         Based on these assumptions, global economic
               of Association and the decisions of the General           growth is projected to be in the range of 2.7%-3.3%
               Meeting of Shareholders (RUPS), through regular           in 2025, as forecasted by the World Bank and IMF
               meetings between the Board of Commissioners and           (2.7%), Bank Indonesia (3.1%), and OECD (3.3%).
               the Board of Directors, either in person or in a hybrid
               format. These meetings discuss various important          Meanwhile, Indonesia’s economy is projected to
               areas, including business strategy, risk management,      grow moderately in 2025 at around 5%, the same
               audit, and compliance. The Board of Commissioners         as in 2024. Indonesia’s financial potential in 2025
               also supervises and reviews strategies through            is expected to remain promising, driven by policy
               reports submitted by the committees under the             reforms, digitalization adoption, and investments in
               Board of Commissioners or through other written           strategic sectors.
               communication channels. Additionally, the Board of
               Commissioners supervises both internal and external       In light of these macroeconomic conditions, the
               audit reports, provides guidance, and ensures that        Board of Commissioners believes that the Board
               the Board of Directors has followed up on audit           of Directors needs to balance the targets set with
               findings and recommendations from the Internal            prudent measures and be prepared to face the
               Audit (IADT), external auditors, the Financial Services   upcoming dynamics, supported by effective risk
               Authority (OJK) and Bank Indonesia’s oversight, as        management.
               well as other authorities.
                                                                         The Bank’s strategic priorities for 2025 include
               The Board of Commissioners also periodically              efforts to maintain quality credit growth, increase
               evaluates the development of digital business and         third-party funds with a focus on retail funds
               cybersecurity, human resources development, and           (CASA), enhance digital capabilities, and expand
               the implementation of banking digital technology.         the ecosystem through partnerships and customer
                                                                         acquisitions.
               Through the supervision of the Board of
               Commissioners throughout 2024, we believe that the        Consistently, the Board of Directors must also
               Bank’s management activities have been carried out        continue development in key areas such as
               to the fullest extent in accordance with applicable       digitalization, cybersecurity, and human resources to
               regulations, supported by effective risk management       sustain long-term growth. As a result, Bank Mega will
               and internal control systems.                             be able to enhance banking transaction services for
                                                                         the convenience of its customers.

                                                                         Additionally, the Board of Commissioners encourages
                                                                         the Board of Directors to continue focusing on
                                                                         efficiency measures across all areas.




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                 The direction of the policy has been outlined by the       In 2024, the Bank conducted an assessment of the
                 Board of Directors in the Bank’s Business Plan for         implementation of Good Corporate Governance
                 2025. The Board of Commissioners agrees with the           (GCG) using the self-assessment method, involving
                 Board of Directors that the implementation of the          the Board of Commissioners, the Board of Directors,
                 strategy outlined in the Bank’s Business Plan, while       and Executive Officers. The self-assessment
                 considering the underlying assumptions and future          conducted in the first and second semesters of 2024
                 economic projections, will enable Bank Mega to             received a score of 2 (two), or “Good.” This indicates
                 achieve positive growth.                                   that the management of Bank Mega has generally
                                                                            implemented good governance. The OJK has
                 View on the Implementation of Bank                         provided an assessment of the Bank’s governance
                 Governance                                                 implementation for the first semester of 2024, based
                 Bank Mega consistently and continuously implements         on the prudential meeting on November 17, 2024, with
                 Good Corporate Governance (GCG) practices that             a score of 2 (Good), while for the second semester,
                 take into account the interests of shareholders            as of the publication of this report, the assessment
                 and stakeholders to maintain the transparency              by OJK is still in progress.
                 and accountability of the Bank to the public. Bank
                 Mega is committed to continuing to build and               View on The Whistleblowing System
                 strengthen a culture of compliance effectively and         The Whistleblowing System (WBS) is implemented
                 comprehensively, starting from management to all           by Bank Mega as part of the application of Good
                 employees. In implementing the principles of Good          Corporate Governance to create a clean and
                 Corporate Governance (GCG), Bank Mega refers to            responsible work environment. The WBS at Bank
                 the latest OJK regulations regarding GCG, namely the       Mega serves as a channel for both external and
                 Financial Services Authority Regulation Number 17 of       internal parties to report suspected violations of the
                 2023 concerning the Implementation of Governance           principles of corporate governance, ethical values,
                 for Commercial Banks, and implementation                   and applicable policies or procedures, based on
                 guidelines for GCG that align with international           evidence/data/information that can be accounted
                 best practices/standards, to ensure that all business      for and with good intentions for the benefit of the
                 activities of the Bank comply with regulations and do      Bank.
                 not violate the law.
                                                                            The Whistleblowing System at Bank Mega is
                 The bank has also implemented the compliance               managed by the Crime and Fraud Investigation
                 function, which is one of the key elements in the effort   Division, which regularly submits Investigation
                 to enhance the Bank’s Governance and is committed          Reports to the Board of Directors and the Board of
                 to continuously building and strengthening a culture       Commissioners (through the Audit Committee) as
                 of compliance effectively and comprehensively, from        a manifestation of the oversight carried out by the
                 management to all employees.                               Board of Directors and the Board of Commissioners.
                                                                            These reports detail the chronology of the violation,
                 The Board of Commissioners believes that the Board         recommended sanctions for employees if found
                 of Directors has carried out its duties in formulating     guilty of the violation, and the follow-up actions
                 and implementing Bank Mega’s strategy and policies         taken by the Bank on the reported case.
                 related to GCG (Good Corporate Governance) well,
                 in order to maintain business continuity, while always     Throughout 2024, the Board of Commissioners
                 upholding the principles of prudence and supported         monitored the management of the Whistleblowing
                 by a risk management framework.                            System (WBS) and ensured that all incoming reports
                                                                            were followed up according to Bank Mega’s internal
                                                                            procedures. After investigation, any complaint that
                                                                            was proven to be a violation was subject to sanctions
                                                                            in accordance with applicable regulations. The Board
                                                                            of Commissioners assessed that the implementation
                                                                            of Bank Mega’s Whistleblowing System (WBS) has
                                                                            been running quite well and ensured that each report
                                                                            was followed up in accordance with the relevant
                                                                            regulations.




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               Frequency and Method of Providing Advice to                  Management based on the external auditor’s reports,
               the Board of Directors                                       as well as compliance with all applicable regulatory
               In line with its duties and responsibilities, the Board of   provisions.
               Commissioners provides various inputs, suggestions,
               and advice to the Board of Directors in an effort            The Risk Monitoring Committee assists the Board of
               to achieve the Bank’s targets, which are delivered           Commissioners in matters related to Bank Mega’s
               through the mechanism of meetings of the Board               risk management system, and the Risk Monitoring
               of Commissioners by inviting the Board of Directors          Committee has provided advice, evaluations, and
               (meetings with members of the Board of Directors).           monitoring of the implementation of the Bank’s risk
               Throughout 2024, the Board of Commissioners held             management policies.
               7 (seven) meetings, while meetings with the Board
               of Directors were held 34 (thirty-four) times. In these      The Remuneration and Nomination Committee
               meetings, the Board of Commissioners discussed               assists the Board of Commissioners in the nomination
               various matters, including providing direction on            of candidates, provides appropriate remuneration
               the Bank’s strategies and business plans, financial          recommendations for members of the Board of
               performance, and reports from committees under               Commissioners and the Board of Directors, and
               the Board of Commissioners.                                  oversees the employee remuneration strategy.

               In addition to formal meetings, the Board of                 Furthermore, as part of the Mega Corpora Financial
               Commissioners also provides advice and suggestions           Conglomerate, where Bank Mega is the main entity,
               to the Board of Directors informally and through             the Board of Commissioners has established the
               the committees under the Board of Commissioners.             Integrated Governance Committee to carry out
               In providing advice and suggestions, the Board of            its duties and responsibilities. This committee has
               Commissioners considers inputs from the committees           effectively performed its tasks and responsibilities in
               under the Board of Commissioners, which actively             overseeing the implementation of governance across
               oversee the areas within their responsibilities.             each of the Financial Service Institutions (LJK)
                                                                            within the Mega Corpora Financial Conglomerate to
               Assessment of the Performance of Committees                  ensure compliance with the Integrated Governance
               under the Board of Commissioners                             Guidelines.
               The Audit Committee, the Risk Monitoring Committee,
               and the Remuneration and Nomination Committee                Throughout 2024, the committees under the
               assist the Board of Commissioners in carrying out its        Board of Commissioners have also provided input,
               supervisory functions. Throughout the year, the three        advice, and recommendations to the Board of
               committees performed their tasks and responsibilities        Commissioners in accordance with their respective
               properly, as each committee member participated in           areas of responsibility.
               meetings to provide recommendations and advice to
               the Board of Commissioners based on their respective         In evaluating the performance of these committees,
               areas of responsibility and expertise. We refer to           the Board of Commissioners refers to the established
               the Governance Structure, Governance Processes,              assessment criteria, which include professionalism
               and Governance Outcomes when evaluating the                  and independence, the execution of supervisory
               performance of the three committees.                         and mentoring functions, and the identification
                                                                            of matters requiring the Board’s attention. The
               The Audit Committee assists the Board of                     assessment of the committees’ performance is based
               Commissioners in matters related to internal control,        on the evaluation of the committees’ collective
               the quality of financial information, the quality of         performance, the performance of each committee
               Internal Audit (IADT) implementation, the adequacy           member, and the performance of each committee
               of audit results, and the follow-up actions taken by         chairperson.




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                 The Board of Commissioners assesses that the                   The Board of Commissioners expresses its gratitude
                 committees have carried out their duties and                   to Mr. Yungky Setiawan for his dedication and
                 responsibilities appropriately throughout 2024. All            contributions to Bank Mega over the years.
                 recommendations from each committee have also
                 been accepted by the Board of Commissioners                    Appreciation and Closing
                 and have become part of the consideration in                   On behalf of the Board of Commissioners, we
                 the decision-making process regarding proposals                would like to express our gratitude to the Board of
                 submitted by the Board of Directors.                           Directors and all employees of Bank Mega who have
                                                                                demonstrated hard work, loyalty, and dedication for
                 Changes in the Composition of the Board of                     our mutual progress. To our customers, business
                 Commissioners                                                  partners, shareholders, and all other stakeholders, we
                 In 2024, the composition of the members of the                 also extend our highest appreciation for the excellent
                 Board of Commissioners of Bank Mega changed                    cooperation that has been established over time. We
                 following the resignation of Mr. Yungky Setiawan,              hope that Bank Mega can continue to provide the
                 the Vice President Commissioner of Bank Mega. Mr.              best benefits for shareholders, customers, business
                 Yungky Setiawan’s resignation was decided at the               partners, and all stakeholders in the future.
                 Annual General Meeting of Shareholders held on
                 March 1, 2024. With this decision, the composition of          Finally, the Board of Commissioners expresses our
                 the Company’s Board of Commissioners is as follows:            gratitude to the Government of the Republic of
                                                                                Indonesia, the Financial Services Authority (OJK),
                                Position                    Name                and Bank Indonesia for their continuous support of
                   President Commissioner       Chairul Tanjung                 the banking industry, including Bank Mega.

                   Independent Commissioner     Achjadi Ranuwisastra

                   Independent Commissioner     Lambock V. Nahattands

                   Independent Commissioner     Hizbullah




                                                                  Jakarta, March 2025
                                                        On behalf of the Board of Commissioners




                                                                       Chairul Tanjung
                                                                       Komisaris Utama




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               Board of
               Commissioners




                                 Achjadi Ranuwisastra                  Chairul Tanjung
                                Independent Commissioner          President Commissioner




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                                        Hizbullah                         Lambock V. Nahattands
                                Independent Commissioner                  Independent Commissioner




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               Report of
               the Board of Directors



                                 By observing the dynamic national economic
                                 conditions and the challenging developments
                                 in the banking sector, we continue to strive
                                 to respond to every change that occurs
                                 by making adjustments effectively
                                 and efficiently.




                       Dear Esteemed Shareholders,



                       In the midst of the challenging global and       In addition, many countries held elections,
                       domestic economic conditions, throughout         including major nations like the United States,
                       2024, the Bank has implemented various           and also in Indonesia. These leadership
                       policies to ensure that the Bank’s performance   changes are expected to result in differences
                       remains positive by making adjustments           in policy direction.
                       effectively and efficiently.
                                                                        The rapid changes in global geopolitical
                       Bank Mega continues its strategic policy         dynamics have impacted the development
                       direction by carrying forward what was           of the global economy and financial markets
                       previously established, which is to undergo      throughout 2024, and are expected to
                       transformation into a bank that is based on a    continue into 2025 and the following years.
                       reliable ecosystem, uniting financial services   Overall, Bank Indonesia and the IMF project
                       and retail transactions, in order to become a    that global economic growth in 2024 will
                       one-stop solution banking for its customers.     slow from 3.3% to 3.2% in 2025. Amidst
                                                                        these conditions, Indonesia’s economy and
                       The Economic Conditions and the                  the banking industry have remained stable
                       National Banking Industry in 2024                and grown well. According to OJK data,
                       Throughout 2024, the global economic             Indonesia’s economic growth in 2024 was
                       dynamics changed rapidly with high               recorded at 5.03%. This growth performance
                       uncertainty. The world faced several central     was supported, among other factors, by strong
                       issues such as high geopolitical tensions,       domestic consumption and government
                       with the ongoing conflict between Russia         spending, particularly related to election
                       and Ukraine and Israel’s attacks on Palestine.   activities.




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                                                                                       Kostaman Thayib
                                                                                       Direktur Utama



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               Meanwhile, Indonesia’s inflation rate in December          that unites financial services and retail transactions
               2024 was 1.57% (YoY), remaining under control              in order to become a one-stop solution banking
               within the national target range of 2.5%±1%.               provider for its customers.

               As part of efforts to maintain stability, Bank Indonesia   To achieve this goal, the Bank implements various
               decided to increase the BI-Rate from 6.00% to 6.25%        policies to ensure optimal performance. From a
               at the Board of Governors (RDG) meeting in April           credit policy perspective, Bank Mega is very selective
               2024. Then, with the strengthening of the Rupiah           in its efforts to distribute credit. This is to address
               exchange rate, Bank Indonesia lowered the BI-Rate          the economic conditions that are still surrounded
               to 6.00% at the RDG in September 2024. By the end          by uncertainty. The main focus of Bank Mega in
               of 2024, Bank Indonesia had not continued to lower         credit growth in 2024 is the corporate segment,
               the BI-Rate.                                               particularly in sectors of the economy that are able
                                                                          to grow positively, such as the construction sector
               The increase in interest rates in April 2024 posed         in national strategic projects. On the other hand,
               a challenge for the banking industry, particularly         the distribution of credit in the commercial segment
               in the competition for third-party funds, as banks         and joint financing is carried out by considering the
               raised the interest rates on third-party funds. This       financial strength of the debtor or potential debtor,
               condition impacted the potential increase in the           as well as those with an excellent track record.
               banking sector’s Cost of Funds (CoF). According
               to data from the Financial Services Authority (OJK)        In an effort to maintain credit quality at a good
               as of September 2024, Bank KBMI 4 experienced              position, Bank Mega takes preventive measures,
               the highest increase in CoF, reaching 39.80% YoY.          including using early warning signals through
               Meanwhile, Bank KBMI 2 saw a 25% YoY increase              regular on-site checks in accordance with applicable
               in CoF; Bank KBMI 3 increased by 23.70% YoY, and           regulations. This allows the Bank to monitor the
               KBMI 1 rose by 9.30% YoY. As a result of this high         debtor’s business development and ensure discipline
               CoF, the profitability of several banks will also be       in meeting credit covenants.
               pressured, with interest income tending to decrease.
                                                                          Credit distribution in the consumption sector is driven
               Nevertheless, amidst these conditions, national            by credit cards. With the positive economic growth
               banking liquidity in 2024 remained loose in line with      in 2024, supported by household consumption,
               Bank Indonesia’s policy. As of December 2024, the          credit cards have shown good growth. The strategy
               Liquidity Ratio/Third-Party Funds (AL/DPK) and the         applied in the credit card business is to increase
               Loan-to-Deposit Ratio (LDR) for the banking sector         acquisitions by focusing on customers with lower risk
               were recorded at 25.59% and 88.57%, respectively,          profiles. To boost sales volume, the Bank selects the
               indicating overall loose banking liquidity. The Capital    right merchants, including e-commerce merchants,
               Adequacy Ratio (CAR) of the national banking sector        as a source of transaction growth, and leverages the
               in December 2024 was recorded at 26.69%, which is          ecosystem of PT CT Corpora, both offline and online
               considered strong in absorbing risk and supporting         channels, as a key strategic partner.
               credit growth.
                                                                          Along with the increase in domestic and international
               Analysis of Bank Mega Performance                          tourism traffic, Bank Mega continues to hold the
                                                                          Mega Travel Fair twice a year, offering attractive
               Strategies and Strategic Policies of Bank Mega             deals for school holidays and year-end vacations.
               By observing the dynamic national economic
               conditions and the challenging developments in the         Bank Mega also continues the “Bikin Jadi Pertama”
               banking sector, we continuously strive to seize every      program to provide exclusive experiences to
               opportunity to achieve the bank’s objectives. We           Mega First Infinite cardholders and other credit
               also remain responsive to any changes that occur by        cardholders, such as early access to various
               making effective and efficient adjustments.                events and the convenience of enjoying exclusive
                                                                          services simply by redeeming MPC Points.
               In 2024, Bank Mega continued its strategic policy
               direction by pursuing what had been previously
               established, which is to undergo a transformation
               to become a bank based on a reliable ecosystem




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                 Through strategic steps focused on customer needs,       continues to refine its organization for optimal
                 technological innovation, and customer appreciation,     performance, enhance the efficiency of infrastructure
                 Bank Mega has successfully enhanced customer             utilization, optimize operational costs, and more.
                 loyalty and maintained sustainable business growth
                 in 2024.                                                 Utilization of Information Technology
                                                                          Optimizing and enhancing digital customer service
                 In terms of customer deposit gathering (DPK), Bank       has become one of the bank’s priorities. Therefore,
                 Mega’s main strategy is to continue growing low-cost     the utilization of Information Technology (IT)
                 funds through the acquisition of retail and Priority     continues to be the bank’s main focus to drive its
                 Mass Affluent segments, as well as to consistently       business and become one of the leaders in digital
                 run loyalty programs for existing customers to           banking. The use of digital platforms remains the
                 encourage the growth of their funds (Top up), such       bank’s primary focus to provide the best customer
                 as the “Meriah Bareng Mega” lottery program. The         experience and security in banking transactions.
                 bank continuously refines its product variants and       The bank also continues to innovate and use data
                 provides faster, better, and more accurate services to   to support the business in achieving a competitive
                 its customers.                                           advantage.

                 Corporate customers also contribute to the growth of     New features on the M-Smile app are continually
                 total DPK, especially from winning sector corporate      improved to make it easier for customers to carry out
                 clients such as the mining sector, state-owned           banking transactions. Throughout 2024, Bank Mega
                 enterprises (SOEs), telecommunications, digital          has continued to innovate by developing various new
                 companies, the financial sector, and others.             banking products and services to meet customer
                                                                          needs. Some of the developments include virtual
                 Bank Mega collaborates with retail companies under       credit cards, cashless payments with QRIS TUNTAS
                 CT Corp to provide additional benefits for Mega First    (QRIS Cash Withdrawal, Transfer, and Cash Deposit),
                 and Upper Mass customers, which is a competitive         the Tap To Pay Credit Card feature, and the “Invite a
                 advantage held by Bank Mega.                             Friend” promotional program.

                 Meanwhile, the Treasury actively manages its             As a form of commitment to digitalization, Bank
                 operations cautiously in maintaining its asset and       Mega has launched the “Tap to Pay” feature, a new
                 liability portfolio while keeping liquidity in mind.     way of making payments using a virtual credit card
                 Amidst the ongoing economic uncertainty in 2024,         on Android-based smartphones. This innovation
                 the Treasury is still able to take advantage of the      allows customers to make contactless payments
                 volatility present in the market.                        easily, quickly, and securely using their smart devices.
                                                                          This reflects Bank Mega’s efforts to provide modern
                 In 2024, the Treasury remains focused on a business      payment solutions and support a cashless society in
                 model oriented towards customer needs. This is           Indonesia.
                 achieved by implementing a strategy that offers
                 financial market services with comprehensive             With the features that the bank has, it is expected
                 solutions, covering all types of products in the         that customer experience, transaction smoothness,
                 market (currencies, interest rates, and derivatives).    and targeted marketing will improve, thereby
                 The Treasury continues to strive to meet customer        deepening customer engagement.
                 needs, aiming to be the first choice for customers
                 when conducting Treasury transactions. Bank Mega         For promotional features, there is the “Invite a
                 always ensures the Bank’s liquidity stability by         Friend” program, which is a referral program where
                 monitoring the amount of High-Quality Liquid Assets      Bank Mega credit card holders can share a special
                 (HQLA), Liquidity Coverage Ratio (LCR), and Net          referral code to invite their contacts to apply for a
                 Stable Funding Ratio (NSFR).                             Bank Mega credit card via M-Smile.

                 Throughout 2024, the Bank also implemented               In line with the innovations developed above, Bank
                 integrated cost management, where the Bank               Mega successfully recorded an increase in the number
                 consistently monitors, controls, and manages             of M-Smile app downloads to 1,108,473 in 2024, a 27%
                 operational costs to optimize the use of resources       increase from 2023. This increase also contributed to
                 efficiently and effectively. To achieve this, the Bank   a rise in the number of M-Smile app users, reaching
                                                                          971,531 as of December 31, 2024, which is a 24%




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               increase from 2023. In line with this, the transaction      operations and providing input on credit and
               value through the M-Smile app also increased by             operational risks. The results of these reviews provide
               37% compared to 2023, reaching IDR 49.9 trillion.           direction for corrective actions to ensure compliance
               This growth in transaction value was supported by           with risk thresholds.
               an increase in the number of transactions, which
               reached 11,714,512, up 33% from 2023.                       In the process of strategy implementation, the
                                                                           Board of Directors is assisted by nine committees:
               As one of the key issues in the banking industry,           the Risk Management Committee, the Asset and
               the bank continues to strengthen its Cyber Security         Liability Committee (ALCO), the Credit Policy
               capabilities to be more proactive in enhancing              Committee, the Information Technology Steering
               IT security, anticipating threats such as viruses,          Committee, the Human Resources Committee, the
               malware, and mitigating digital risks by updating           Product Committee, the Credit Committee, and the
               the incident management platform and automating             Crisis Management Committee. As part of the Mega
               security testing on applications.                           Corpora Financial Conglomerate, the Bank, as the
                                                                           Main Entity, fulfills its duties and responsibilities.
               The Role of the Board of Directors in Formulating           In 2024, the Bank formed the Integrated Risk
               Strategy and Policies                                       Management Committee under the coordination of
               The Board of Directors formulates the Bank’s                the Board of Directors.
               strategies and policies for the short and medium term
               in the form of the Bank’s Business Plan (RBB), aligned      Performance Achievement in 2024 and Comparison
               with the established Vision and Mission. The Board of       with Targets
               Directors, along with the senior management team,           Throughout 2024, Bank Mega has implemented the
               conducts regular evaluations of the Bank’s strategies       business strategy outlined in the Bank’s Business
               and policies, as well as their implementation across        Plan. However, the challenging economic conditions
               all levels of the organization, to ensure that the          and uncertainty impacted the Bank’s business
               strategies and policies remain relevant to business         strategy. These circumstances required the Bank
               developments.                                               to make several adjustments to ensure business
                                                                           continuity. The performance achievements and
               Additionally, the Board of Directors is directly involved   financial conditions in relation to the 2024 Bank
               in overseeing the implementation of strategies,             Business Plan (RBB), as reported to OJK, generally
               assisted by committees under the Board and other            did not show optimal results.
               supporting bodies, to monitor the realization of the
               Bank’s strategic and policy implementation.                 As of December 31, 2024, total assets amounted to
                                                                           IDR 134.91 trillion, growing 2.17% from IDR 132.05
               The Process Undertaken by the Board of Directors            trillion in the previous year.
               to Ensure the Implementation of the Bank’s Strategy
               The Board of Directors ensures the implementation           Third-Party Funds (DPK) reached IDR 91.67 trillion,
               of the company’s strategy through effective                 growing by 2.5% from IDR 89.44 trillion in the same
               communication across the entire organization,               period in 2023. Meanwhile, Savings and Current
               including business units, support functions, and            Accounts (CASA), as one of the components of
               branches. Work units provide regular progress reports       low-cost funds, increased to 30.08% from 28.83%
               to the Board of Directors. The Board is responsible         in 2023. Savings grew by 9.74% to IDR 17.19 trillion
               for monitoring, providing feedback, and aligning            from IDR 15.66 trillion in 2023. Current accounts
               initiatives from various work units to achieve overall      also grew by 2.54% to IDR 10.38 trillion compared to
               objectives. Reviews and feedback are focused on             IDR 10.12 trillion in 2023. Third-Party Funds are still
               aspects such as business growth, risk management,           predominantly composed of Deposits, which grew
               customer engagement, digital capabilities, service          by 0.71% to IDR 64.10 trillion from IDR 63.68 trillion.
               quality, and transaction security.

               The Risk Management, Compliance, and Internal
               Audit functions support the Board of Directors in
               maintaining risk governance by monitoring daily




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                 In terms of credit, in 2024 the bank recorded loans         Challenges Faced and Anticipatory Measures Taken
                 amounting to IDR 64.64 trillion, a slight decrease of       Throughout 2024, Bank Mega faced various
                 2.49% compared to 2023. Corporate loans reached             challenges and obstacles, particularly due to the
                 IDR 45.26 trillion, an increase of 0.17% from IDR 45.22     uncertainty caused by global economic influences. In
                 trillion in 2023. The corporate segment remains the         an effort to maintain the stability of the Rupiah amid
                 bank’s main focus, contributing 70.02% of the bank’s        global economic uncertainty, Bank Indonesia raised
                 total loans. Meanwhile, loans from the Joint Financing      the BI Rate from 6.00% in April 2024. Then, with the
                 segment amounted to IDR 9.88 trillion, down from            strengthening of the Rupiah, Bank Indonesia lowered
                 IDR 11.65 trillion, Commercial loans totaled IDR 1.73       the BI Rate to 6.00% in the September 2024 Board
                 trillion, down from IDR 1.99 trillion, and Retail loans     of Governors Meeting (RDG). By the end of 2024,
                 amounted to IDR 917 billion, down from IDR 1.02             Bank Indonesia had not continued the reduction
                 trillion in 2023. Credit cards reached IDR 6.70 trillion,   of the BI rate. As a result, this situation affected
                 up from IDR 6.33 trillion, or a growth of 5.7%.             the competitive landscape in the banking industry,
                                                                             making it increasingly challenging in terms of third-
                 Asset quality (gross NPL) remains well maintained at        party funds gathering activities due to the rise in the
                 1.69%, which is lower than the industry’s gross NPL         Cost of Fund. Additionally, amid higher interest rates,
                 of 2.08%.                                                   credit disbursement was also impacted, as some
                                                                             corporate debtors accelerated their loan repayments.
                 As a result of these business achievements, the bank
                 recorded a profit before tax of IDR 3.26 trillion, down     In facing the existing challenges, in 2024, the Bank
                 from IDR 4.34 trillion in the previous period, while        implemented several other strategies. The Bank
                 the profit after tax amounted to IDR 2.63 trillion,         carried out an operational efficiency program across
                 down from IDR 3.51 trillion in the previous period.         all operational costs. Additionally, for business
                 Bank Mega’s profit was corrected mainly due to a            processes, the Bank enhanced automation and
                 decline in net interest income. The decrease in net         digitization processes.
                 interest income was caused by an increase in interest
                 expenses of 10.76% due to a higher Cost of Fund. In         Amidst these conditions, Bank Mega continued to
                 addition, there was a decrease in other operating           apply the principle of prudence in pursuing asset
                 income due to lower profits from the sale of financial      growth and managing asset quality. Above all, Bank
                 assets and operational risk-related losses, including       Mega’s capital position remained strong, supporting
                 the payment of IDR 197.43 billion for the settlement        the Bank’s resilience in managing risks.
                 of the legal case of PT Elnusa.
                                                                             Main Activities and Types of Products and
                 From a ratio perspective, the bank recorded a               Services Offered
                 Capital Adequacy Ratio (CAR) of 25.77% and a Loan           The main business activities of the Bank are to
                 to Deposit Ratio (LDR) of 70.34%, reflecting that           provide banking services by collecting and providing
                 Bank Mega consistently maintains a solid capital and        funds for the public, as well as offering competitive
                 liquidity position. Other financial ratios were also        interest rates to customers. In carrying out these main
                 well-maintained, with a Return on Assets (ROA) of           activities, Bank Mega offers a wide range of banking
                 2.56%, Return on Equity (ROE) of 13.62%, Net Interest       products and services, including credit distribution
                 Margin (NIM) of 4.64%, and an Operating Expense to          to small and medium-sized enterprises, commercial,
                 Operating Income Ratio (BOPO) of 73.61%.                    joint financing, and corporate debtors, which can be
                                                                             seen and have been outlined in the Company Profile
                 The bank has made efforts to maintain positive              section under Products and Services of Bank Mega.
                 performance, with the average achievement being
                 over 90% of the target set in the Bank’s 2024
                 Business Plan. Meanwhile, the Credit Card segment
                 successfully achieved 104.46% of the target set at the
                 beginning of 2024. The Board of Directors continues
                 to strive to meet target achievements in the future.




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                                    Management
                                    Report




               Interest Rates for Fundraising and Funding                The organizational structure of Bank Mega in 2024
               Provision                                                 is as outlined in the Company Profile section of this
               In determining the interest rates for fundraising and     Annual Report.
               funding provision, the Bank refers to both global
               and domestic economic conditions that affect the          Human Resources
               Bank Indonesia benchmark interest rate, the cost of       Human Resources (HR) are the most important
               funds for credit (cost of fund), overhead costs, profit   element and asset, as well as a strategic partner,
               margins, and economic developments.                       in achieving the Company’s Vision. Therefore, the
                                                                         management of human resources is a key focus
               The SBDK (Standard Lending Rate) does not yet             for the Bank in achieving sustainable positive
               account for the estimated risk premium component,         performance. At the end of 2024, the total number
               which depends on the Bank’s assessment of the risk        of employees was 5,701. Bank Mega has continuously
               for each debtor or group of debtors.                      implemented various development and training
                                                                         programs to address challenges and quickly adapt to
               Meanwhile, the SBDK for non-mortgage consumption          market changes, especially in the banking industry.
               credit refers to motor vehicle loans, excluding fund
               distribution through credit cards and personal loans.     The Bank continues to develop its human resource
               As a form of compliance with the OJK Circular Letter      management system with the support of digital
               Number 9/SEOJK.03/2020 regarding Transparency             technology to improve efficiency and ease of access
               and Publication of Conventional Commercial Banks’         for all employees. The employee self-service system,
               Reports, Bank Mega discloses information on the           which includes performance management, online
               Base Lending Rate (SBDK). The presentation of this        attendance, online recruitment, and e-Learning, is
               base lending rate information is a fulfillment of the     now further optimized with more advanced features
               Bank’s obligation as a commercial bank conducting         and multiplatform accessibility.
               business activities in a conventional manner, to
               report and publish the SBDK in Indonesian Rupiah.         To support employee learning and development, the
                                                                         Bank has optimized the e-Learning platform, which
               Organizational Structure and Human                        can be accessed anytime and anywhere. With a more
               Resources                                                 dynamic, interactive, and informative approach,
                                                                         the Bank continues to improve learning modules,
               Organizational Structure                                  infrastructure, and the use of technology to ensure
               The development of the organization and dynamic           the effectiveness of the programs. Throughout 2024,
               business changes make the Bank’s organizational           various e-Learning modules have been conducted,
               structure play an important role in achieving the         including     Company       Regulations,    Handling
               Bank’s objectives. The continuous improvement             Complaints, APU/PPT, IT Security Awareness, Good
               of the organizational structure is a crucial step in      Corporate Governance, Sustainable Financial Action
               facing increasingly tight business competition, both      Plan, Basic Credit, as well as new materials such as
               in the banking industry and in the financial services     Introduction to Risk Management, Personal Data
               sector as a whole. In determining the organizational      Protection, and Trade Finance. The Bank will continue
               structure, Bank Mega continuously conducts studies        to develop e-Learning in line with organizational
               by considering various factors that can improve           needs and industry developments.
               effectiveness and efficiency, as well as ensuring the
               sustainability of the Bank’s organization.                In addition, Bank Mega has consistently built a risk
                                                                         culture and employee understanding of that culture
               In order to improve compliance with laws and              by launching campaigns such as the Anti-Fraud
               regulations, as well as to demonstrate responsibility     Declaration, Operational & Litigation Risk, Code of
               in protecting Personal Data, in accordance with           Ethics & Code of Conduct, and Know Your Employee
               Law No. 27 of 2022 on Personal Data Protection            (KYE). The Bank has also institutionalized risk culture
               (PDP Law), in 2024, the Bank has established a            and governance practices into its internal policies
               Personal Data Protection Division to ensure that          and Key Performance Indicators. All of these efforts
               the implementation of the law is carried out in
               accordance with the provisions.




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                 are made by the Bank to avoid various potential            Amidst these global economic conditions, domestic
                 risks, ensuring that performance and business              economic growth is expected to continue, supported
                 sustainability can proceed optimally.                      by increased domestic demand, household
                                                                            consumption, and government spending. According
                 Number, Types, and Locations of Offices                    to the Press Releases from the Coordinating Ministry
                 The network of offices owned by the Bank, in the form      for Economic Affairs of the Republic of Indonesia on
                 of branch offices, is an essential part of the Bank’s      November 5, 2024, and January 31, 2025, as well as
                 operational and intermediation functions, as well          in line with statements from the Governor of Bank
                 as a frontline channel for selling banking products.       Indonesia, Mr. Perry Warjiyo, Indonesia’s economic
                 In 2024, Bank Mega offers a variety of banking             growth is projected to increase to 5.2% in 2025, with
                 products and services through 361 branch offices, 2        inflation expected to be in the range of 2.5% + 1% in
                 functional offices, and 539 ATM units, with locations      2025.
                 spread across Indonesia under the coordination of 8
                 regional offices.                                          Entering 2025, Bank Mega remains optimistic yet
                                                                            cautious. To face the uncertainties this year, we have
                 Bank Mega also consistently collaborates with              set strategies to achieve the targets outlined in the
                 various business partners, both with other retail          Bank Mega Business Plan 2025, including:
                 business units under CT Corp and non-group entities,       1. Increasing credit distribution while adhering to
                 to enhance the Bank’s resilience, competitiveness,             prudential banking principles and continuing to
                 and efficiency. Throughout 2024, Bank Mega has                 focus on the corporate segment, which is still
                 partnered with various business entities to provide            able to grow positively in uncertain economic
                 financial product services and a variety of the best           conditions.
                 transaction access options to customers, including         2. Growth of Third-Party Funds (DPK) driven by the
                 joint financing collaborations, e-commerce, and                retail segment.
                 others, by leveraging the Bank’s network and               3. Growth in the credit card business, which will be
                 customers as the target market.                                driven through partnerships with the CT Corpora
                                                                                ecosystem.
                 Ownership of The Board of Directors, Board                 4. Increasing fee-based income from Treasury and
                 of Commissioners, and Shareholders in The                      other businesses.
                 Bank’s Business Group.                                     5. Targeting an LDR ratio in line with the Bank’s
                 The share ownership (direct and indirect) of the               policy, around the 70% level.
                 members of the Board of Commissioners and Board            6. Improving efficiency in other costs with a target
                 of Directors currently serving is as disclosed in the          BOPO ratio around 72%.
                 Company Profile and Governance Report sections of          7. Information technology transformation to
                 this Annual Report.                                            support the development of retail and digital
                                                                                banking businesses, mitigate operational risks,
                 Important Changes That Occurred in The Bank                    and enhance operational cost efficiency through
                 and The Bank’s Business Group                                  process automation.
                 Throughout 2024, there were no significant changes
                 that occurred in the Bank or the Bank’s Business
                 Group.

                 Business Prospects for 2025
                 The dynamics, challenges, and uncertainties in 2025
                 are expected to continue. Globally, key issues include
                 the potential escalation of the US-China trade war,
                 ongoing conflicts in the Middle East, the possibility of
                 renewed inflationary pressures, and the risk of supply
                 chain disruptions, which could impact developing
                 countries. Global economic growth is expected to
                 be limited. According to the IMF projections, global
                 economic growth will reach 3.2% in 2025. Meanwhile,
                 the Coordinating Ministry for Economic Affairs
                 projects that the global economic condition will
                 grow within the range of 2.7% - 3.3% in 2025.




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                                    Management
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               Implementation of Bank Governance                        In 2024, the Bank conducted an assessment of the
               Bank Mega is committed to consistently and               implementation of Good Corporate Governance
               effectively    implementing     Good     Corporate       (GCG) using a self-assessment method, involving the
               Governance (GCG) in every aspect of its operational      Board of Commissioners, the Board of Directors, and
               business activities. The implementation of good          Executive Officers. The self-assessment conducted
               GCG has become a firm commitment to ensuring             in the first and second semesters of 2024 received
               transparency and accountability in the management        a score of 2 (two), or “Good.” This indicates that
               of the Bank to the public, providing consistent and      the management of Bank Mega has generally
               high-quality added value for shareholders and other      implemented governance practices effectively. The
               stakeholders.                                            OJK (Financial Services Authority) has assessed
                                                                        the implementation of governance at the Bank for
               Throughout 2024, Bank Mega has continued to              the first semester of 2024, based on the prudential
               maintain its commitment to implementing good             meeting held on November 17, 2024, with a score
               governance to ensure that business practices and         of 2 (Good). As for the second semester, as of the
               operations run within the framework of applicable        publication of this report, the assessment by OJK is
               regulations and best governance practices. The           still in process.
               Board of Directors, Board of Commissioners, and all
               employees of Bank Mega are committed to applying         As part of the implementation of GCG, Bank Mega
               the best governance practices in running the             routinely conducts monitoring and evaluation of
               Bank’s business. To this end, we continuously make       the risk management practices implemented in
               improvements and enhancements to the GCG every           the forums of the Board of Directors and the Joint
               year.                                                    Meetings of the Board of Directors and Board
                                                                        of Commissioners. The implementation of risk
               In implementing GCG, Bank Mega ensures the               management is a key focus for the Board of Directors
               enforcement of governance principles, namely             and the Board of Commissioners, and it is ensured
               transparency,      accountability,     responsibility,   to be carried out in accordance with the regulations.
               independence, and fairness, at all levels of the         In the group-wide scope, Bank Mega is the Main
               organization in the Bank’s activities. The Bank’s        Entity in the Integrated Governance and Integrated
               business activities must always align with the           Risk Management Implementation within the Mega
               company’s vision, mission, values, and the Bank’s        Corpora Financial Conglomerate. To ensure its
               strategy, based on prudential principles and the         duties and responsibilities as the Main Entity, Bank
               regulations of the Financial Services Authority, Bank    Mega has established several work units to support
               Indonesia, and applicable laws.                          the implementation of the Mega Corpora Financial
                                                                        Conglomerate.

                                                                        Assessment of Committees Under the Board
                                                                        of Directors
                                                                        In carrying out the Bank’s management duties and
                                                                        responsibilities, the Board of Directors is assisted
                                                                        by nine committees, namely the Risk Management
                                                                        Committee, the Asset and Liability Committee
                                                                        (ALCO), the Credit Policy Committee, the Information
                                                                        Technology Steering Committee, the Human
                                                                        Resources Committee, the Product Committee,
                                                                        the Credit Committee, and the Crisis Management
                                                                        Committee. As part of the Mega Corpora Financial
                                                                        Conglomerate, the Bank, as the Main Entity to carry
                                                                        out its duties and responsibilities, has formed the
                                                                        Integrated Risk Management Committee under the
                                                                        coordination of the Board of Directors in 2024.




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                 Throughout 2024, the Board of Directors assessed               and appreciation to the Board of Commissioners for
                 that these committees have performed their                     the trust, guidance, and input provided throughout
                 duties and responsibilities well. The participation            2024. We also thank and extend our appreciation to
                 and attendance of the Board of Directors at the                customers, shareholders, regulators, the community,
                 committee meetings, including the decisions and                and all other stakeholders for their support and the
                 recommendations made during the discussions,                   good cooperation that has been established.
                 were also used as a reference in the performance
                 assessment of the committees under the Board of                This good relationship serves as motivation for Bank
                 Directors.                                                     Mega to continue contributing positively through
                                                                                various innovations that address customer needs.
                 Changes in The Board of Directors
                 Throughout 2024, there were no changes in the                  Lastly, we would like to express our gratitude
                 composition of the Board of Directors.                         to all employees of Bank Mega for their
                                                                                enthusiasm and dedication in realizing the Bank’s
                 Appreciation and Closing                                       vision, “To Become the Nation’s Pride Bank.”
                 In this year filled with challenges and dynamics,
                 Bank Mega has not yet achieved the expected
                 performance. The current achievements will serve as
                 a foundation to leap higher in the future. On behalf
                 of the Board of Directors, we express our gratitude




                                                                 Jakarta, March 2025
                                                           On behalf of the Board of Directors




                                                                    Kostaman Thayib
                                                                     President Director




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                                   Management
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               Board of Directors




                 Y.B. Hariantono                                       C. Guntur Triyudianto
             Information Technology                                      Operations Director
                    Director

                                               Martin Mulwanto                                               Lay Diza Larentie
                                            Treasury & International                                       Vice President Director
                                               Banking Director



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                 Kostaman Thayib                                          Madi Darmadi Lazuardi
                  President Director                                          Credit Director


                                                      Indivara Erni                                              Yuni Lastianto
                                                Vice President Director                                       Compliance & Human
                                                                                                                Capital Director



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                                       Management
                                       Report




               Statements of Accountability of
               2024 Annual Report


               We, the signatories, hereby stated that all information contained in the 2024 Annual Report of
               PT Bank Mega Tbk has been comprehensively presented and that we are fully accountable for the accuracy of
               the contents of the Company’s Annual Report.

               This statement is made truthfully.




                                                    BOARD OF COMMISSIONERS




                                                             Chairul Tanjung
                                                           President Commissioner




                                 Achjadi Ranuwisastra                               Lambock V. Nahattands
                                Independent Commissioner                            Independent Commissioner




                                                                 Hizbullah
                                                        Independent Commissioner




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                                                              BOARD OF DIRECTORS




                                                                    Kostaman Thayib
                                                                     President Director




                                             Indivara Erni                                Lay Diza Larentie
                                        Vice President Director                        Vice President Director




                     Yuni Lastianto                           Madi Darmadi Lazuardi                           Martin Mulwanto
                 Compliance & Human                                  Credit Director                       Treasury & International
                   Capital Director                                                                           Banking Director




                                       C. Guntur Triyudianto                              Y.B. Hariantono
                                          Operations Director                          Information Technology
                                                                                              Director



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                                              Company
                                              Profile




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                                03
                                                    Company
                                                    Profile




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                                                 Company
                                                 Profile




               Corporate
               Identity



                       Company Name                    Ticker                            Shareholders
                       PT BANK MEGA Tbk                MEGA                              PT Mega Corpora (58.02 %)
                                                                                         Public <5%      (41.98%)




                       Date of Establishment           Line of Business                  Total Employee
                       April 15, 1969                  Banking Services                  5.701 employees
                                                                                         (as of December 31, 2024)




                                Legal Basis of Establishment                     Commercial Bank License
                       Deed of Establishment PT Bank Karman               Decree of the Minister of Finance of the Republic
                       No. 32 dated April 15, 1969, amended by Deed       of Indonesia No. D.15.6.5.48, dated August 14,
                       No. 47 dated November 26, 1969.                    1969.




                                Foreign Exchange Bank License                    Foreign Exchange Licence
                       Senior Deputy Governor of Bank Indonesia           Bapepam LK Decree No. 20/STTDWA/PM/2000,
                       Decree No. 3/1/KEP/DGS/2001,                       dated August 2, 2000.
                       dated January 31, 2001.




                                Authorized Capital                                 Issued and Fully Paid Capital
                       Rp13,500,000 million, consisting of 27,000         Rp5,870,462 million, consisting of 11,740,923,365
                       million shares with a nominal value of Rp500 per   shares with a nominal value of Rp500 per share.
                       share.




                                Branch Network                                   Mobile Banking Application
                       Regional Offices    :       8                      Mega Smart Mobile (M-Smile)
                       Main Branch Offices :      55
                       Sub-Branch Offices :      312
                       Functional Offices :        3




                                Website and Social Media                           Address
                       Website      : bankmega.com                        Menara Bank Mega
                       Facebook     : BankMegaID                          Jl. Kapten Tendean No. 12-14A
                       Instagram    : @bankmegaid                         South Jakarta 12790
                       Twitter      : @BankMegaID                         DKI Jakarta, Indonesia
                       Youtube      : Bank Mega Indonesia                 Mega Call : 08041500010/(+62)29601600
                       Tiktok       : @bankmega                           Telepon : (+62 - 21)7917 5000
                                                                          Email      : corsec@bankmega.com
                                                                          Fax.       : (+62 - 21) 7918 7100



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                 Company
                 at a Glance


                 The precursor to PT Bank Mega Tbk. was originally          After becoming a publicly listed company, Bank
                 a family-owned company named PT Bank Karman,               Mega obtained a license from the Capital Market
                 founded in 1969 based on the Deed of Establishment         Supervisory Agency – Financial Institution (Bapepam-
                 of PT Bank Karman No. 32 dated April 15, 1969, in          LK) to operate as a trustee as of August 2, 2000.
                 conjunction with the Amendment Deed No. 47                 A few months later, the Bank received approval to
                 dated November 26, 1969, in Surabaya. In 1992, Bank        operate as a foreign exchange bank, based on the
                 Karman relocated its headquarters to Jakarta and           Senior Deputy Governor of Bank Indonesia’s Decree
                 changed its name to PT Mega Bank.                          No. 3/1/KEP/DGS/2001, dated January 31, 2001.

                 In 1996, PARA Group, a holding company owned               Currently, Bank Mega continues to fulfill its
                 by national entrepreneur Chairul Tanjung, acquired         commitment to providing the best banking services
                 PT Mega Bank. PARA Group, which consisted of PT            based on technology and innovation. One of its key
                 Para Global Investindo and PT Para Rekan Investama,        innovations is M-Smile, a mobile banking application
                 later rebranded as PT CT Corpora or “CT Corp.” To          that enables customers to perform various financial
                 enhance its image as a trusted financial institution, in   transactions without visiting a branch. Additionally,
                 2000, PT Mega Bank changed its name to PT Bank             Mila (Mega Intelligent Assistant), an AI-powered
                 Mega.                                                      chatbot, helps customers and the general public
                                                                            access information about Bank Mega’s products and
                 To strengthen its capital structure, in the same year,     services. In 2024, Bank Mega launched the Bank Mega
                 Bank Mega conducted an Initial Public Offering             Tap to Pay feature, becoming one of the pioneering
                 (IPO) and listed its shares on the Indonesia Stock         banks to offer this service. This achievement reflects
                 Exchange (formerly the Jakarta Stock Exchange and          the Bank’s unwavering belief and determination to
                 Surabaya Stock Exchange) under the stock code              be the best, in line with its vision: “To Be the Pride of
                 MEGA, officially becoming PT Bank Mega Tbk. As             the Nation.”
                 a result, a portion of PT Bank Mega Tbk.’s shares
                 became publicly owned. Currently, Bank Mega’s
                 majority shareholder is PT Mega Corpora, the holding
                 company for all financial services businesses under
                 CT Corp.




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                                                Company
                                                Profile




                       Chronology of Changes
                       to the Company Name
                       Historically, PT Bank Mega Tbk originated from a bank named PT Bank Karman, which was established in
                       the Republic of Indonesia and located in Surabaya, based on Deed of Establishment No. 32 dated April
                       15, 1969. Subsequently, a name change occurred in 1992 to PT Mega Bank, coinciding with the relocation
                       of its headquarters to Jakarta. As part of the transformation process following the acquisition of PT
                       Mega Bank by Para Group, a logo change was introduced in 1997, followed by a name change in 2000
                       to PT Bank Mega.




               Milestone
                   1992                                   2013                                      2017
                   Company changed its name in 1992       Bank Mega launched a new design           Launch of the Mega Travel Card
                   to PT Mega Bank and relocated its      of its logo and a new motto “For          credit card, which offers customers
                   Head Office to Jakarta.                A Better Indonesia.” The new logo         guaranteed competitive exchange
                                                          is a profound reflection on the           rates, higher mileage, flexibility
                   1996                                   expectations of Bank Mega to              in mileage point exchange and
                   PT Mega Bank was taken over by         start building Indonesia into an          lifetime benefits.
                   the PARA GROUP (PT Para Global         unyielding nation with excellence,
                   Investindo and PT Para Rekan           always able to realize prosperity
                   Investama), a holding company          and a better life.
                   owned     by    Chairul   Tanjung,
                   an     Indonesian    entrepreneur.     2014
                   Afterwards, the PARA GROUP             Bank Mega participated in the
                   changed its name to CT Corpora.        launching of the National Non-
                                                          Cash/GNNT Movement to support
                   1997                                   the Less Cash Society program of
                   PT Mega Bank underwent a logo          the Government of Indonesia.                   2017-2018
                   transformation.


                                                                                    2013-2014

                                                             2000-2007
                                                                                                    2018
                                           1992-1997                                                Launch of the Mega Cash Line.


                                1969                      2000
                                                          Change of name from PT Mega
                                                          Bank to PT Bank Mega was followed
                                                          by an initial public offering (IPO)
                                                          and the listing of its shares on the
               Starting as a family owned business        BEJ and BES, as well as a change of
               called PT Bank Karman, and domiciled       name to PT Bank Mega Tbk.
               in Surabaya.
                                                          2007
                                                          Bank Mega issued subordinated
                                                          bonds.




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                 Finally, after conducting an Initial Public Offering (IPO) to strengthen the Bank’s capital structure and
                 becoming a public company, PT Bank Mega changed its name to PT Bank Mega Tbk on January 17, 2000.




                     2021
                     The Bank launched the Mega
                     Payment Gateway and participated
                     in the implementation o BI FAST.                                           2024
                     2022
                     Launch of Cash Withdrawal at Bank
                     Mega ATMs using QRIS.
                                                                          2023                    • The new Bank Mega
                                                                                                    Tap to Pay service: A
                                                                                                    New Way of Payment,
                                              2021-2022                                             a virtual credit card
                                                                                                    payment method
                         2019-2020                                                                  using contactless
                                                                                                    technology on the
                                                                                                    M-Smile app for
                                                               2023                                 Android smartphones
                                                               •   Introduced QRIS TUNTAS
                                                                                                    with NFC technology.
                                                                   (Transfer, Withdrawal, and
                     2019                                          Deposit).                      • The launch of Mega
                     Mega Intelligent Assistant (MILA)         •   Launched QRIS Cross Border       Zaver, a digital saving
                     chatbot was launched.                         services.
                                                                                                    account from Bank
                     2020                                                                           Mega, offers various
                     The Bank launched M-Smile (Mega                                                conveniences and
                     Smart Mobile) and participated in                                              benefits, including
                     the implementation of QRIS.
                                                                                                    no minimum balance
                                                                                                    requirement and no
                                                                                                    administrative fees.




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                                              Company
                                              Profile




               The Company
               Logo




               The Bank Mega logo, launched in 2013, consists of       To further reinforce its identity, the yellow color
               two components: the logomark and the logotype,          represents intelligence and hope, combined with
               which form an inseparable unit. This logo represents    gray, which signifies sophisticated processes and
               Bank Mega’s aspiration to contribute to Indonesia’s     systems. Meanwhile, orange reflects enthusiasm and
               development, fostering a nation of excellence           optimism, showing that every Bank Mega individual
               and resilience, always striving for prosperity and      approaches situations with a positive perspective
               continuous improvement in life.                         and always strives for the best outcomes.

               The logomark, or the recognizable “M” symbol, is        The “Bank Mega” logotype and the “M” logomark
               well-known among Bank Mega’s stakeholders. It           together define Bank Mega’s brand identity,
               consists of warm colors symbolizing Bank Mega’s         consistently representing the Bank’s presence and
               energy and spirit, fresh thinking, and comprehensive    commitment to building prosperity and a better life
               financial solutions for both customers and employees.   within Indonesia’s banking and financial industry.




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                 Business
                 Activities

                                                                                                 Business activities carried out in 2024
                                Pursuant to the Deed of Amendment 2024
                                                                                             Already Executed              Not Yet Executed
                   Collecting funds from the public in the form of savings in the form              √
                   of savings accounts, current accounts, time deposits, certificates of
                   deposit and/or other equivalent forms;

                   Channeling funds in the form of loans;                                           √

                   Carrying out activities related to paying systems;                               √

                   Transferring funds for own or clients’ interests;                                √

                   Placing funds with another bank, borrowing funds from another                    √
                   bank, either by letter, telecommunication facilities, or by bearer
                   draft, check, or other document;

                   Issuing and/or conducting transactions in promissory notes, bills of             √
                   exchange, shares, bonds, loan securities or any derivatives thereof,
                   other interests or an obligation of the issuer, State Treasury Papers
                   and Government Guarantee Papers, Bank Indonesia Certificates
                   (SBI), in the form specified as commonly traded in the capital
                   market and money market (securities) for the benefit of the Bank
                   and/or customers;

                   Providing a place for storage of goods and securities;                           √

                   Conducting foreign currency business activities;                                 √

                   Carrying out activities related to transferring receivables, factoring,          √
                   credit cards and fiduciary activities;

                   Conducting other activities with an approval of the Financial                                                   √
                   Services Authority (OJK).

                   Performing capital investment activities in institutions that perform                                           √
                   banking, capital market, insurance, pension fund, financing and
                   other financial services activities on the basis of the provisions of
                   laws and regulations in the financial services sector or are called
                   financial services institutions (FSIs) and/or other companies that
                   support the banking sector by meeting the provisions set by the
                   OJK;

                   Conducting temporary capital investment activities outside the                                                  √
                   OJK in order to overcome the consequences of credit failure with
                   the condition that the investment must be withdrawn;

                   Acting as pension fund founder and pension fund administrator in                                                √
                   accordance with the provisions of laws and regulations on pension
                   funds;

                   Cooperating with other FSIs and non-FSI in providing financial                   √
                   services to customers, and/or

                   Conducting other banking activities as permitted by prevailing laws                                             √
                   and regulations.




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                                                      Company
                                                      Profile




               Products
               and Services


               Bank Mega offers a wide range of banking products, including both savings and loan services, for individual
               and institutional customers. These banking products are complemented by various services tailored to meet
               customers’ needs.


                                                                         Deposit Products

                Savings                                                             Current Accounts                 Deposits
                •   Mega Dana                     •   Mega Perdana                  •   Mega Pro                   • Mega Depo
                •   Mega Zaver                    •   Mega Ultima                   •   Mega Bisnis                • Mega Depo Valas
                •   Mega Maxi                     •   Mega Valas                    •   Mega Pro Valas             • Mega Depo On Call
                •   Mega Berbagi                  •   TabunganKu                    •   Mega Bisnis Valas
                •   Mega Rencana                  •   Rekening Dana Nasabah         •   Giro Rekening Dana Nasabah



                                                                           Loan Products

                Working Capital Loans                          Investment Loans                          Consumer Loans
                •   Checking Account (PRK)                     • Term Loan                               •   House Loan (KPR)
                •   Demand Loan (DL)                           • Mal Outlet Financing                    •   Housing Loan for Renovation (KPPR)
                •   Fixed Loan                                                                           •   Car Loan (KPM)
                •   Account Receivable (A/R) Financing                                                   •   Multipurpose Loan (KMG)
                •   Factoring Financing                                                                  •   Implant Banking Program
                                                                                                         •   Developer Line

                Indirect Channels
                •   Mega Oto Join Financing
                •   Mega Multi Purpose Joint Financing
                •   Mega Oto Pengalihan Portofolio
                •   Mega Multi Purpose Pengalihan Portofolio



                                                                           Trade Finance

                Export Products                                Import Products                           Guarantee Products
                • Domestic Letter of Credit (SKBDN)            • Letter of Credit (LC) and Domestic      • Bank Guarantee/ Standby LC/Demand
                  Export                                         Letter of Credit (SKBDN) Import           Guarantee
                • Domestic Letter of Credit (SKBDN)            • Inward Documentary Collection
                  Collection Basis                             • Shipping Guarantee
                • Outward Documentary Collection               • LC/SKBDN UPAS (Usance Payable
                • Bank Guarantee                                 At Sight) / UPAU (Usance Payable At
                • Negotiation of Export Bills/Bills              Usance)
                  Discounting (LC/SKBDN)                       • Trust Receipt (LC/SKBDN)
                • Forfeiting (LC/SKBDN)



                                                                              Services

                •   Mega ATM                                   •   Mega Wali Amanat                      •   Mega Intercity Clearing
                •   Mega Pass                                  •   Mega Concentration Account            •   Mega E-Billing Settlement Bank
                •   Mega Call                                  •   Mega Automatic PIB                    •   Mega Payroll
                •   Mega Cash                                  •   Mega Custody Service                  •   Mega First Priority Banking
                •   Mega Auto Pay                              •   Mega Security Agent                   •   Mega Virtual Account
                •   Mega Internet                              •   Mega Transfer                         •   M-Smile
                •   Mega Internet Bisnis                       •   Mega Clearing                         •   M-Money
                •   Mega Tax                                   •   Mega Inkaso
                •   Mega SDB (Safe Deposit Box)




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                                  International Transaction                         demand convenience and diversity. New banking
                                                                                    products and services launched in 2024 are Bank
                   • Remittance
                                                                                    Mega Tap To Pay and Mega Zaver.
                   Treasury
                   • Foreign Exchange Transactions (Spot, Forward &                 Digital Banking Services
                     Derivatives)
                   • Money Market
                                                                                    Bank Mega has launched a mobile banking
                   • Marketable Securities/Bonds                                    application called M-Smile on April 15, 2020. This
                   • Structured Product
                                                                                    application makes it easy for the customers to access
                                                                                    the information and services of the bank in one hand.
                                     Wealth Management                              M-Smile offers various features including digital
                   • Obligasi                                                       account onboarding, mutation information, billing,
                   • Reksa Dana                                                     cardless cash withdrawals, transfers, payments,
                   • Bancassurance
                                                                                    purchases, top up electronic money, use of QRIS with
                                                                                    MPM, CPM and TTM methods.
                                       Payment by Card

                   •   Mega Infinite Card          • Metro Mega Card                In addition, customers have the freedom to choose
                   •   Mega Travel Card            • Transmart Mega Card            the source of funds for transactions. They can use
                   •   Mega Platinum Card            (Platinum & Classic)
                                                                                    savings, credit cards or electronic money. Customers
                   •   Mega Gold Card              • Mega Affinity IKAL Card
                   •   Mega Classic Card           • Mega Corporate Card            can also manage their accounts independently, both
                                                                                    savings and credit cards. They can update the latest
                                                                                    promotions with benefits that customers can enjoy
                 For detailed information on each banking product                   at any time.
                 and service, please visit the Bank Mega website
                 through the following links:                                       Throughout 2024, Bank Mega has been actively
                 1. https://bankmega.com/id/personal/simpanan-                      enhancing various banking services to better serve
                     individual/                                                    its customers. Several developments on the M-Smile
                 2. https://bankmega.com/id/bisnis/simpanan-                        platform include Loan on Card, Virtual Credit Card,
                     bisnis/                                                        SPT Report, Invite Friends – Member Get Member,
                                                                                    QRIS Tap NFC, Tap To Pay Credit Card feature, and
                 New Product and Services In 2024                                   the digital savings account opening feature, Mega
                 Bank Mega continues to innovate in developing new                  Zaver.
                 banking products and services throughout 2024
                 in order to fulfill customer needs that increasingly



                 In summary, the development of the innovation of digital services in the past five years can be described as
                 follows:




                 2020

                 • Upgrade of M-Smile (Mega Smart Mobile) Application               • Cardless Cash Withdrawal via M-Smile
                       The latest M-Smile application is now available for Credit     To make ATM withdrawals easier, Bank Mega provides a
                       Card customers with more comprehensive features, offering      cardless cash withdrawal feature through M-Smile. Customers
                       greater convenience and a more modern interface.               can generate a Cash Withdrawal Code and use it at Bank
                                                                                      Mega ATMs.
                 • Addition of Billers for Purchase (Data Packages &
                   Games) and Utility Bill Payments (PDAM)                          • QR Feature Addition in M-Smile
                       Bank Mega has added new billers, such as Data Packages,        In support of the cashless payment movement, Bank Mega
                       Games, and Utility Bills, to enhance the range of payment      has added QRIS (QR Code Indonesian Standard) capabilities,
                       options.                                                       allowing customers to make transactions at merchants using
                                                                                      various funding sources such as savings, current accounts,
                                                                                      credit cards, or M-Money. The QR menu includes features like
                                                                                      Scan QR, Generate QR, and QR History.




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                                                     Company
                                                     Profile




               2021

               • Registration for New Customers via M-Smile with                    • Addition of Billers for Purchases, Payments & Top-
                 Video Banking Verification                                           Ups
                  To enhance customer acquisition, Bank Mega introduces a             New billers added include payment options like SBN/MPN,
                  registration service for prospective customers through the          Loans, and Cable TV, and electronic money top-ups.
                  M-Smile mobile banking app, with verification via Customer
                  Service Video Banking (CSVB) for prospective customers            • Investment Features for Mutual Funds
                  interested in Bank Mega’s products, so they no longer need          Mutual fund services include creating an online SID, purchasing
                  to register at the branch.                                          mutual funds, and transactions like top-up, redemption, and
                                                                                      switching.
               • Enhanced Savings & Credit Card Services
                  To provide convenience for customers using Savings Accounts       • BI FAST Transfer Method
                  & Credit Cards, Bank Mega has developed a service feature           Bank Mega introduced BI FAST transfers with zero fees,
                  that includes card blocking, scheduled transactions, setting        aiming to attract new customers and M-Smile users.
                  credit card limits, requesting credit card limit increases, and
                  more.                                                             • Updated M-Smile Interface in 2021
                                                                                      The updated interface offers a better user experience for
                                                                                      mobile banking customers.




               2022

               • Development of the online account opening feature                  • Bond Investment Channels
                  To enhance new customer acquisition, Bank Mega has                  To provide customers with greater convenience in bond
                  developed an online account opening feature on its Mobile           investments, Bank Mega has added a bond investment service
                  Banking platform, incorporating liveness detection and              through M-Smile. Customers can place orders, conduct
                  biometric verification for customer validation.                     transactions such as buying and selling, and view their bond
                                                                                      portfolio via the M-Smile Mobile Banking app.
               • Cross-Border QRIS Development
                  Bank Mega introduced cross-border QR payments, enabling           • New Billers for Purchases, Payments & Top-Ups
                  customers to make cashless transactions in countries like           New billers include DIGITAL SAMSAT (SIGNAL), Property Tax
                  Thailand through partnerships with ASPI and Bank Indonesia.         (PBB), PDAM, Donations, and Game purchases.




               2023

               • Digital Credit Card Development                                    • M-Smile Registration with Face Check
                  To enhance customer convenience in credit card transactions,        Registration for M-Smile now includes face verification for
                  Bank Mega has developed a Digital Credit Card feature,              enhanced security and convenience.
                  allowing customers to conduct e-commerce transactions
                  without using a physical card.                                    • Loan On Card Service via M-Smile
                                                                                      Credit Card customers can utilize their available credit limit
               • Development of QRIS TUNTAS (Transfer, Cash                           for personal loans directly through M-Smile.
                 Withdrawal & Deposit)
                  Bank Mega added QRIS TUNTAS to facilitate fund transfers,         • Additional Billers for Payment, Purchases & Top-
                  withdrawals, and deposits.                                          Ups New billers include Airfare Tickets, Insurance, and
                                                                                      Multifinance Payments.
               • Expansion of QRIS Cross-Border to Malaysia &
                 Singapore
                  To facilitate customers in making cashless payment
                  transactions abroad, Bank Mega has developed the QR
                  CrossBorder feature in collaboration with ASPI and Bank
                  Indonesia. Previously, Bank Mega customers were already
                  able to conduct Cross-Border transactions in Thailand.
                  This year, the service has been expanded to Malaysia and
                  Singapore.




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                 2024

                 • Tap to Pay CC                                                              • Virtual Credit Card
                     To enhance Credit Card transaction services, Bank Mega has                   To improve credit card acquisition and enhance the customer
                     developed the Tap to Pay CC feature, enabling customers                      experience in applying for a credit card, Bank Mega has
                     to make credit card transactions seamlessly using the NFC                    developed the Virtual Credit Card feature, enabling customers
                     feature on their mobile devices and facilitating Tap to Pay                  to conduct transactions securely and conveniently, both
                     transactions via M-Smile.                                                    online and offline, without the need for a physical card.

                 • Tabungan Mega Zaver                                                        • SPT Report
                     Tabungan Mega Zaver is Bank Mega’s digital savings product                   To assist customers in accessing, downloading, and storing
                     that can be opened via M-Smile. It offers various benefits,                  proof of tax deductions or payments related to their savings
                     such as no minimum balance, zero administrative fees, and                    portfolios at Bank Mega, this feature provides supporting
                     free interbank transfers via BI-Fast.                                        data for filing Annual Tax Returns.

                 • Loan on Card                                                               • Member Get Member
                     To enhance Bank Mega Credit Card services in utilizing                       To drive customer acquisition and offer additional benefits
                     Credit Card Limits, Bank Mega has introduced the Loan on                     in the form of MPC Points, Bank Mega has introduced the
                     Card feature, allowing customers to convert their Credit Card                Member Get Member feature, allowing existing customers to
                     Limits into cash, which can be repaid in instalments.                        refer prospective new customers through a Referral System.




                 In line with the innovations mentioned above, Bank Mega recorded a 27% YoY increase in M-Smile app
                 downloads, reaching 1,108,473 in 2024. This growth also contributed to an increase in M-Smile users, totaling
                 971,531 as of December 31, 2024, with a 24% YoY growth. Alongside this, Bank Mega reported a 37% YoY
                 increase in transaction value through the M-Smile app, reaching Rp49,908 billion. This transaction value growth
                 was supported by a 33% YoY rise in the number of transactions, which reached 11,714,512 in 2024.

                                                  M-Smile application           Position of M-Smile
                                Year                                                                         Total Transactions         Transaction Value
                                                  download position              application user
                   2024                                 1,108,473                      971,531                  11,714,512                     49,908

                   2023                                  870,300                       784,118                   8,842,330                     36,339

                   2022                                  639,465                       581,311                   5,669,771                     20,967

                   2021                                  430,385                       394,564                   3,679,204                     10,737

                   2020                                  217,190                       286,977*                  2,064,677                      4,893

                 *The beginning of the launch of M-Smile, user data combines M-Smile and Mega Mobile users




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                                                      Company
                                                      Profile




               Operational
               Areas


                                                                                                                                 North Kalimantan


                                                         North Sumatra                       West Kalimantan
                                                                                                                               East Kalimantan

                                                                                       Riau
                                                                                       Islands
                                                                         Riau




                                 West Sumatra


                                        Jambi
                                                                                                      Bangka
                                                                                                      Belitung


                                         South Sumatra
                                                                                                                 Central Kalimantan


                                                                 Lampung                                                     South Kalimantan

                                                                                                  Jakarta

                                                                                                                 West Java        Central Java
                                                                            Banten



                                                                                                      Yogyakarta

                                                                                                                     East Java
                                                                                                                                             Bali
                          SUMATERA

               West Sumatra                      3                                                                                     West Nusa
                                                                                                                                       Tenggara
               South Sumatra                     7
               North Sumatra                    16
               Riau Islands                      2
               Riau                              11                  KALIMANTAN
               Jambi                             3
               Bangka Belitung                   3            West Kalimantan                     8                          SULAWESI
               Lampung                           6            South Kalimantan                   10
               Bengkulu                           1           Central Kalimantan                  5              West Sulawesi                       1
                                                              East Kalimantan                    13              South Sulawesi                     17
                                                              North Kalimantan                    1                                                  4
                                JAVA                                                                             Central Sulawesi
                                                                                                                 Southeast Sulawesi                  1
                                                                                                                 North Sulawesi                      6
               Banten                           16                              BALI
               West Java                        54                                                               Gorontalo                           1
               Central Java                     28            Bali                               7
               East Java                        47                                                                   NUSA TENGGARA
               DKI Jakarta                      73
               DI Yogyakarta                     4                                                               West Nusa Tenggara                 3
                                                                                                                 East Nusa Tenggara                 2



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                                Gorontalo

                                               North
                                            Sulawesi
                                                                  Maluku


                                                                                     West Papua
                   Central Sulawesi



                        West Sulawesi




                            Southeast Sulawesi



                                                                                   Papua
                       South Sulawesi



                          East Nusa Tenggara




                                MALUKU

                 Maluku                           1
                 North Maluku                     2


                                PAPUA

                 Papua                            4
                                                                           Total
                 West Papua                       3
                                                                           363 Branch Offices

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                                              Company
                                              Profile




               Vision, Mission,
               and Corporate Culture




                                VISION
                                The Pride
                                of the Nation




                                                        MISSION
                                                        To establish sustainable
                                                        relationships with customers
                                                        through innovative and
                                                        synergistic banking services,
                                                        supported by an integrated
                                                        ecosystem, professional
                                                        human resources, and top
                                                        organizational performance to
                                                        deliver high added value to all
                                                        stakeholder




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                 CORPORATE VALUES




                                                  Dynamic
                                                  Open to change, adaptive, and agile.




                                                  Entrepreneurship
                                                  Creating business opportunities and continuous improvement to achieve
                                                  optimal Company performance




                                                  Trust
                                                  Upholding trust and maintaining professionalism




                                                  Ethics
                                                  Attitudes and behavior Enforce applicable Norms & Values




                                                  Commitment
                                                  A strong will and determination to consistently fulfill promises to deliver the
                                                  best contributions




                                                  Synergy
                                                  Collaborating to produce much higher Combined Added Value




                                Bank Mega launched a mobile banking application entitled
                                M-Smile on April 15, 2020 which makes things easier for customers
                                access bank information and services in one hand



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                                                  Company
                                                  Profile




               Organizational
               Structure


               Taking into account the future business development of the Bank, which requires an ideal Organizational
               Structure and the expectation that each organizational line can perform its functions in accordance with the
               Company’s objectives, the Bank’s Board of Directors has adjusted the Organizational Structure as stipulated in
               Bank Mega’s Board of Directors Decree No. 106/DIRBM/24 dated October 7, 2024, concerning the Organizational
               Structure of PT Bank Mega Tbk.

               Based on this decision, the latest organizational structure of Bank Mega is as follows:




                                                                      Vice President Director




                                                                                                                                              Treasury &
                                                                                                                           Credit
                                                                                                                                             International
                                                                                                                          Director
                                                                                                                                           Banking Director




                                                                       Retail
                                                                                                                                               Treasury &
                                CCPL Marketing     Funding &         Acquisition
                                                                                                                        Credit Business         Financial
                Regional Head     & Business      Wealth Sales       & Alternate
                                                                                                                             Head              Institution
                                 Support Head        Head           Channel Sales
                                                                                                                                                  Head
                                                                        Head


                                  CCPL Product,
                                                                                                          Business                             Treasury &
                                   Portfolio &     Investment &         Retail
                                                                                      Corporate         Performance         Corporate         International
                                   Acquisition    Bancassurance       Acquisition
                                                                                    Funding Head       Management &         Sales Head      Banking Business
                                    Marketing       Sales Head        Sales Head
                                                                                                       Analytics Head                        Support Head
                                      Head




                                      CCPL        Retail, Funding                   Retail Product      Sales Process
                                                                                                                             Indirect         Treasury Sales
                                  Partnership &   & Wealth Sales                    Management          & Governance
                                                                                                                           Channel Head           Head
                                 Acquiring Head   Academy Head                          Head                Head




                                                                                                         Marketing           Retail &
                                  Telemarketing    Payroll Sales                      Customer
                                                                                                       Communication       Commercial
                                      Head            Head                          Segment Head
                                                                                                           Head           Business Head




                                                                                                          Digital
                                                                                     Consumer                              Corporate
                                                                                                         Marketing
                                                                                     Loan Head                          Syndication Head
                                                                                                           Head




                                                                                                                           Strategic
                                                                                                                          & Business
                                                                                                                         Development
                                                                                                                             Head




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                 Board of Commissioners



                                                                                     Risk Monitoring Committee
                                                                                          Audit Committee
                                                                                Remuneration & Nomination Committee
                                                                                  Governance Integration Committee




                     President Director




                                                                                  Steering Committees: Credit, ALCO,
                                                                                  Human Capital, Risk Management, IT,
                                                                                         Product, Credit Policy




                                                                               Vice President Director




                                                                         Information                                         Compliance &
                                              Operations
                                                                         Technology                                          Human Capital
                                               Director
                                                                           Director                                            Director




                                                                                                                                              Crime & Fraud
          Capital Market
                                                                                                                                              Investigation
          Services Head
                                                                                                                                                  Head




                                                                                          Operational
              Trustee &                                     Account                                          Collection
                            Procurement                                 Core Banking         Risk                            Compliance &     Internal Audit
               Agency                                       Services                                         Strategy &
                            Services Head                               System Head       Management                          GCG Head             Head
            Services Head                                    Head                                           Support Head
                                                                                             Head




                                Property &               Customer
                                                                                           Credit Risk      Jakarta CCPL      Anti Money        Financial
              Custodian           Facility              Experience &    IT Electronic
                                                                                          Management         Collection &     Laundering         Control
            Services Head        Services              Customer Care    Channel Head
                                                                                              Head         Remedial Head         Head             Head
                                   Head                    Head



                                                                              IT             Market,
                                Centralized                                                                  Out Region
                                                            Network     Infrastructure     Liquidity &                       Human Capital
                                  Credit                                                                   CCPL Collection
                                                           Operations     Service &      Integrated Risk                      Management      Chief of Staff
                                Operations                                                                   & Remedial
                                                             Head        Operations       Management                             Head
                                  Head                                                                          Head
                                                                             Head             Head



                             Centralized                                                 National Credit                     Human Capital
                                                            Treasury      IT Project                           CCPL
                            Transactional                                                  Review &                             Reward,
                                                           Operations    Management                           Recovery
                             Operations                                                   Restructure                         Operations &
                                                              Head           Head                               Head
                                Head                                                          Head                           Services Head



                                  Process
                                                                         Process &
                                Management                                                                 IT & Cyber Risk     Corporate
                                                                          System         National Credit
                                 & Internal                                                                 Management          Affairs
                                                                        Development      Appraisal Head
                                  Control                                                                       Head             Head
                                                                           Head
                                   Head




                                                                                         Special Asset                       Personal Data
                                                                        Transformation                       Corporate
                                                                                         Management                           Protection
                                                                         Project Head                        Legal Head
                                                                                            Head                                 Head




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                                                 Company
                                                 Profile




               Board of Commissioners’
               Profile


               The composition of Bank Mega’s Board of Commissioners as of December 2024 refers to the Resolution of the
               Annual General Meeting of Shareholders (AGMS) on March 1, 2024, which, among other decisions, approved
               the resignation of Mr. Yungky Setiawan as Vice President Commissioner.



                                                                  As of December 31, 2024        As of December 31, 2023

                   President Commissioner                             Chairul Tanjung                 Chairul Tanjung

                   Vice President Commissioner                               -                       Yungky Setiawan

                   Independent Commissioner                         Achjadi Ranuwisastra           Achjadi Ranuwisastra

                   Independent Commissioner                        Lambock V. Nahattands          Lambock V. Nahattands

                   Independent Commissioner                              Hizbullah                       Hizbullah




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                                                              Chairul Tanjung
                                                              President Commissioner


                                                              Born in Jakarta in 1962


                                                              Citizenship                Domicile
                                                              Indonesian                 Jakarta




                 Legal Basis of Appointment                                   Concurrent Positions
                 Extraordinary GMS Resolutions dated November 15,             • President Commissioner of PT CT Corpora.
                 2017 and effective on June 4, 2018.                          • President Commissioner of PT Para Rekan Investama.
                                                                              • President Commissioner of PT Mega Corpora.
                                                                              • President Commissioner of PT Trans Corpora.
                                                                              • President Commissioner of PT Trans Airways.
                 Educational Background                                       • President Commissioner of PT Private Investment
                 • Dentistry from the University of Indonesia (1987).           Indonesia.
                 • Executive MBA Program at the Educational &                 • President Commissoner of PT Rekan Investama
                   Management Development Institute, Jakarta (1993).            Indonesia.
                 • Doctorate Honoris Causa from Airlangga University,
                   Surabaya (2013).
                 • Doctorate Honoris Causa from Padjadjaran University,
                   Bandung (2013).                                            Affiliate Relationship
                 • Doctorate Honoris Causa from MARA Technology               Ultimate shareholders of PT Bank Mega, Tbk
                   University, Malaysia (2014).


                                                                              Training
                 Work Experience                                              • Mega Leaders Conference 2024: “Refocusing On
                 • Chairman of the National Economic Committee                  Business Strategy For Sustainable Growth,” Bank
                   (2010—2014).                                                 Mega, January 18-19, 2024, Bandung.
                 • Coordinating Minister of Economic Affairs, Kabinet         • Economic Outlook 2024 - Year of Optimism, CNBC
                   Indonesia Bersatu II (May—October 2014).                     Indonesia, February 29, 2024, Ritz-Carlton Hotel,
                 • President Commissioner of PT Bank Mega, Tbk                  Pacific Place, Jakarta.
                   (2018—present).                                            • Seminar on Risk Management Alignment for
                                                                                Commissioners: Enhancing Oversight Functions
                                                                                in Risk Management Implementation to Achieve a
                                                                                Sustainable Banking Industry, PERBANAS & BARa,
                                                                                October 16-18, 2024, Menara Bank Mega,Jakarta.




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                                              Company
                                              Profile




                                                       Achjadi Ranuwisastra
                                                       Independent Commissioner


                                                       Born in Kebumen in 1944


                                                       Citizenship               Domicile
                                                       Indonesian                Jakarta




               Legal Basis of Appointment                             Concurrent Positions
               • Served as Independent Commissioner of Bank Mega,     • Chairman of the Remuneration and Nomination
                 based on the Resolution of the Annual GMS on March     Committee of PT Bank Mega Tbk effective March 1,
                 24, 2006.                                              2022.
               • As Commissioner since 2004 based on the Resolution   • Chairman of the Risk Monitoring Committee PT Bank
                 of the Annual GMS on February 27, 2004.                Mega Tbk effective March 01, 2022.
                                                                      • Chairman of the Integrated Governance Committee
                                                                        of PT Bank Mega Tbk effective August 18, 2021

               Educational Background
               Economics, Business Major, Padjadjaran University,
               Bandung 1968.                                          Affiliate Relationship
                                                                      Has no affiliation with members of the Board of Directors,
                                                                      other members of the Board of Commissioners, or with
                                                                      the controlling shareholder and ultimate control.
               Work Experience
               • Served as Executive Officer in Bank Ekspor Impor
                 Indonesia/Bank Exim in 1969, then held several
                 positions such as Branch Head accross Indonesia to   Training
                 Head of Bureau.                                      • Mega Leaders Conference 2024: “Refocusing On
               • Director Bank Ekspor Impor Indonesia/Bank Exim         Business Strategy For Sustainable Growth,” Bank
                 (1992—1997).                                           Mega, January 18-19, 2024, Bandung.
               • Vice President Commissioner PT Bank Danamon          • Socialization of the Implementation of the AML-
                 Indonesia Tbk (1997—1998).                             CFT & PPPSPM Program within the Mega Corpora
               • Commissioner PT Bank Mega Tbk (1997— 1998).            Environment, Allo Bank, September 12, 2024, 3rd
               • President Director PT Bank Mega Tbk (1998— 2004).      Floor Auditorium, Menara Bank Mega, Jakarta.
               • Commissioner PT Bank Mega Tbk (2004— 2006).          • Risk Management Alignment for Commissioners:
               • Independent Commissioner PT Bank Mega Tbk              Enhancing Oversight Functions in Risk Management
                 (2006—Present).                                        Implementation to Achieve a Sustainable Banking
               • PT Bank Mega Tbk Audit Committee (2006- 2013 and       Industry, PERBANAS & BARa, October 16-18, 2024,
                 2015-2022)                                             Menara Bank Mega, Jakarta.
               • PT Bank Mega Tbk Remuneration Committee (2008-
                 2015)
               • PT Bank Mega Tbk Risk Monitoring Committee (2013-
                 2018)




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                                                              Lambock V. Nahattands
                                                              Independent Commissioner


                                                              Born in Tarutung in 1952


                                                              Citizenship                Domicile
                                                              Indonesian                 Jakarta




                 Legal Basis of Appointment                                   Concurrent Positions
                 The Resolution of the Annual GMS on May 7, 2015, and         • Member of the Remuneration and Nomination
                 effective on December 18, 2015.                                Committee of PT Bank Mega Tbk.
                                                                              • Special Staff of the Chairman of the National
                                                                                Economic Body responsible for Law and Legislation.

                 Educational Background
                 • Bachelor of Law from Universitas Indonesia (1978).
                 • Master of Law from Tarumanegara University (2004).         Affiliate Relationship
                                                                              Has no affiliation with members of the Board of Directors,
                                                                              other members of the Board of Commissioners, or with
                                                                              the ultimate shareholders.
                 Work Experience
                 • Ministry of State Secretariat of the Republic of
                   Indonesia (1979).
                 • Acting Head of the Legal and Legislative Bureau of         Training
                   the Cabinet Secretariat, then became Head of the           • Mega Leaders Conference 2024: “Refocusing On
                   Legal and Legislative Bureau. Subsequently, he held          Business Strategy For Sustainable Growth,” Bank
                   several positions as Head of the Legal and Legislation       Mega, January 18-19, 2024, Bandung.
                   Bureau.                                                    • Socialization of the Implementation of the AML-
                 • Deputy Cabinet Secretary for Law and Legislation,            CFT & PPPSPM Program within the Mega Corpora
                   Deputy Cabinet Secretary, Secretary to the Ministry          Environment, Allo Bank, September 12, 2024, , Menara
                   of State Secretariat, Special Staff to the Minister of       Bank Mega, Jakarta.
                   State Secretary, Special Staff to the President’s Chief    • Risk Management Alignment for Commissioners:
                   of Staff, Special Staff to the Coordinating Minister for     Enhancing Oversight Functions in Risk Management
                   Political, Legal and Security Affairs, Special Staff to      Implementation to Achieve a Sustainable Banking
                   the Coordinating Minister for Maritime Affairs and           Industry, PERBANAS & BARa, October 16-18, 2024,
                   Investment.                                                  Menara Bank Mega, Jakarta.
                 • Received awards from the state of Wira Karya, the
                   Main Service Honor Star, and the Mahaputra Honor
                   Star.
                 • Independent Commissioner of PT Bank Mega, Tbk
                   (2015—present).
                 • Head of Remuneration & Nomination Commitee PT
                   Bank Mega Tbk (2015-2018)
                 • Audit Commitee Chairman PT Bank Mega Tbk (2022)
                 • Special Staff to the Coordinating Minister for Legal
                   and Legislative Affairs at the Coordinating Ministry
                   for Maritime and Investment Affairs of the Republic
                   of Indonesia (2014-2024).




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                                               Company
                                               Profile




                                                        Hizbullah
                                                        Independent Commissioner


                                                        Born in Padang in 1962


                                                        Citizenship                  Domicile
                                                        Indonesian                   Jakarta




               Legal Basis of Appointment                                 Concurrent Positions
               The Resolution of the Annual GMS on February 24, 2023,     Chairman of the Audit Committee of PT Bank Mega Tbk,
               and effective on July 31, 2023.                            effective September 01, 2023.




               Educational Background                                     Affiliate Relationship
               • Bachelor of Economics from Andalas University, West      Has no affiliation with members of the Board of Directors,
                 Sumatra (1986).                                          other members of the Board of Commissioners, or with
               • Masters in Economics from the University of Indonesia    the ultimate shareholders.
                 (2004).


                                                                          Training
               Work Experience                                            • Mega Leaders Conference 2024: “Refocusing On
               • Joined Bank Indonesia in 1992 as a staff member of         Business Strategy For Sustainable Growth,” Bank
                 the UPBD Audit Office. Subsequently held several           Mega, January 18-19, 2024, Bandung.
                 key positions at Bank Indonesia, lastly as Middle Bank   • Socialization of the Implementation of the AML-
                 Supervisor until 2012.                                     CFT & PPPSPM Program within the Mega Corpora
               • Deputy Director of Bank Supervision 1, Central Java        Environment, Allo Bank, September 12, 2024, Menara
                 and DIY Regional Offices, Financial Services Authority     Bank Mega, Jakarta.
                 (2012-2014).                                             • Risk Management Alignment for Commissioners:
               • Deputy Director of Bank Supervision 2-1, Bank              Enhancing Oversight Functions in Risk Management
                 Supervision Department 2, Financial Services               Implementation to Achieve a Sustainable Banking
                 Authority (2014).                                          Industry, PERBANAS & BARa, October 16-18, 2024,
               • Director of Financial Services Institution (LJK)           Menara Bank Mega, Jakarta.
                 Supervision, Regional Office 3 Central Java and DIY,
                 Financial Services Authority (2014-2016).
               • Head of Regional OJK, Regional Office 3 Central Java
                 and DIY, Financial Services Authority (2016-2017).
               • Director of LJK Supervision, Regional Office 8 Bali
                 and Nusa Tenggara, Financial Services Authority
                 (2017-2018).
               • Head of Banking Supervision Department 1, Financial
                 Services    Authority    (2018-2022)      Independent
                 Commissioner of PT. Bank Mega Tbk (2023-present).




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                 Board of Directors’
                 Profile


                 The composition of Bank Mega’s Board of Directors as per December 2024 refers to the Resolution of the
                 Annual General Meeting of Shareholders (AGMS) on March 1, 2024, with the following decisions:




                                                                          As of December 31, 2024           As of December 31, 2023

                     President Director                                      Kostaman Thayib                   Kostaman Thayib

                     Vice President Director                                 Lay Diza Larentie                 Lay Diza Larentie

                     Vice President Director                                   Indivara Erni                     Indivara Erni

                     Credit Director                                          Madi D. Lazuardi                  Madi D. Lazuardi

                     Treasury and International Banking Director              Martin Mulwanto                   Martin Mulwanto

                     Compliance & Human Capital Director                       Yuni Lastianto                    Yuni Lastianto

                     Operations Director                                   C. Guntur Triyudianto             C. Guntur Triyudianto

                     Information Technology Director                          YB Hariantono                     YB Hariantono




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                                                    Company
                                                    Profile




                                                                Kostaman Thayib
                                                                President Director


                                                                Born in Palembang in 1962


                                                                Citizenship                     Domicile
                                                                Indonesian                      Jakarta




               Legal Basis of Appointment                   Affiliate Relationship                         •   2024       Prudential      International
               The Resolution of Annual GMS on April 17,    Has no affiliation with other members              Insurance       Conference        (PIIC),
               2013 and effective on July 16, 2013.         of the Board of Directors, Board of                Prudential, July 16-20, 2024, Fairmont
                                                            Commissioners’ members, or with the                The Queen Elizabeth Hotel, Montreal,
                                                            controlling and ultimate shareholders.             Canada.
               Educational Background                                                                      •   Visa Executive Program at the Olympic
               •   Bachelor’s    degree   in   electrical
                                                                                                               Games Paris 2024, VISA, July 25-29,
                   engineering from Trisakti University     Training                                           2024, Paris.
                   (1987).                                  •    Mega Leaders Conference 2024:
                                                                                                           •   Launching of the Digital Resilience
               •   Master of Business Administration             “Refocusing On Business Strategy
                                                                                                               Handbook, OJK, August 20, 2024,
                   (MBA) in finance & marketing and              For Sustainable Growth,” Bank Mega,
                                                                                                               Four Seasons Hotel Jakarta.
                   Master of Science (MS) in technology          January 18-19, 2024, Bandung.
                                                                                                           •   Central Banking Services Festival
                   management from Portland State           •    2024 Annual Coordination Meeting:
                                                                                                               2024: Embracing Innovation for the
                   University, Oregon USA (1991).                The Role of Preventing and Combating
                                                                                                               Future of Central Banking Services,
                                                                 Money Laundering, Terrorist Financing,
                                                                                                               Bank Indonesia, August 28, 2024, The
                                                                 and PPSPM in Anticipating Indonesia
               Work Experience                                                                                 St. Regis Hotel, Jakarta.
                                                                 Gold 2025, PPATK, January 30, 2024,
               •   Operations Manager at PT Program                                                        •   Socialization of the Implementation of
                                                                 Intercontinental Hotel, Jakarta.
                   Pendidikan Teknologi Komputer and                                                           AML-CFT & PPPSPM Program within
                                                            •    2024 Annual Financial Services
                   then worked as an engineer in various                                                       the Mega Corpora Environment, Allo
                                                                 Industry Meeting: A Strong and Stable
                   software companies in Indonesia                                                             Bank, September 12, 2024, 3rd Floor
                                                                 Financial Services Sector to Support
                   (1987—1989).                                                                                Auditorium,      Menara Bank Mega,
                                                                 Sustainable Economic Growth, OJK,
               •   Deputy Head of Consumer Banking                                                             Jakarta.
                                                                 February 20, 2024, The St. Regis Hotel,
                   Division at Bank BCA (1992—2002).                                                       •   Anti-Fraud Declaration Commitment
                                                                 Jakarta.
               •   SVP and Group Head Consumer                                                                 #ZeroTolerance, Bank Mega, October
                                                            •    Visa Asia Pacific Senior Client Council
                   Liabilities and Electronic Banking at                                                       18, 2024, Menara Bank Mega, Jakarta.
                                                                 (SCC) - Innovating For The Future:
                   Bank Mandiri (2002—2004). President                                                     •   Cyber Risk and Data Privacy Awareness
                                                                 Balancing     Growth,     Technological
                   Commissioner of PT AXA Mandiri                                                              Workshop for Top-Level Management
                                                                 Evolution, and Shifting Consumer
                   Financial Services-Indonesia (2003).                                                        of Bank Mega, Bank Mega, October 23,
                                                                 Expectations in A Rapidly Changing
               •   Director of Retail Banking PT Bank                                                          2024, Menara Bank Mega, Jakarta.
                                                                 World, VISA, February 27-29, 2024,
                   Mega Tbk (2004—2012).                                                                   •   2024      Annual     Sharia     Banking
                                                                 Hong Kong.
               •   Director of Business Development                                                            Meeting: Accelerating Sharia Banking
                                                            •    Risk       Management         Alignment
                   PT Bank Mega Tbk (2012—2013).                                                               Development for the Nation, OJK,
                                                                 Seminar for Directors: Enhancing the
               •   President Director of PT Bank Mega                                                          October 25, 2024, The Hermes Palace
                                                                 Effectiveness of Risk Management
                   Tbk (2013—present).                                                                         Hotel, Banda Aceh.
                                                                 Implementation       to     Achieve   a
                                                                                                           •   Discussion on the Three Million Houses
                                                                 Sustainable Banking Industry, BARa,
               Concurrent Positions                                                                            Program with the Minister of Housing
                                                                 March 7-8, 2024, Ballroom Wisma
               Have no concurrent positions.                                                                   and Settlement, October 28, 2024, the
                                                                 Mandiri I, Central Jakarta.
                                                                                                               Ministry of Public Works and Housing,
                                                            •    Economic Outlook 2024 Seminar:
                                                                                                               Jakarta.
                                                                 Sustaining Economic Growth Through
                                                                                                           •   CEO Networking 2024: Navigating
                                                                 the Transition to Renewable Energy
                                                                                                               Global Market Forces and Technological
                                                                 and Upgrading of MSMEs, PERBANAS,
                                                                                                               Innovation for Sustainable Business,
                                                                 March 22, 2024, Hotel Indonesia
                                                                                                               Indonesia Capital Market, November
                                                                 Kempinski.
                                                                                                               26, 2024, Raffles Hotel, Jakarta.
                                                            •    Executive Banking Forum: Infobank
                                                                                                           •   2024 Bank Indonesia Annual Meeting:
                                                                 Executive Lunch 2024 (Sharing Session
                                                                                                               Synergy to Strengthen Stability and
                                                                 with Mr. Ignasius Jonan, Minister of
                                                                                                               Transform National Economy, Bank
                                                                 Energy and Mineral Resources 2016-
                                                                                                               Indonesia, November 29, 2024, Grha
                                                                 2019), Infobank, May 2, 2024, Fairmont
                                                                                                               Bhasvara Icchana - Bank Indonesia
                                                                 Hotel, Jakarta.
                                                                                                               Office Complex, Jakarta.




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                                                                 Lay Diza Larentie
                                                                 Vice President Director


                                                                 Born in Jakarta in 1967


                                                                 Citizenship                   Domicile
                                                                 Indonesian                    Jakarta




                 Legal Basis of Appointment                  •    SVP Head of Network at HSBC Ltd          •   Mega Leaders Conference 2024:
                 •   Serves as Vice President Director of         (2011—2014).                                 “Refocusing On Business Strategy
                     Bank Mega, (coordinating Consumer       •    Acting Head of Retail Banking and            For Sustainable Growth,” Bank Mega,
                     Banking & Credit) based on the               Wealth Management at HSBC Ltd                January 18-19, 2024, Bandung.
                     Resolution of the Annual GMS on              (2014—2015).                             •   Economic Outlook 2024 - Year of
                     February 24, 2023, and effective on     •    Funding Director at PT Bank Mega             Optimism, CNBC Indonesia, February
                     June 12, 2023.                               Tbk (2015—2016).                             29, 2024, Ritz-Carlton Hotel, Pacific
                 •   Serves as director of Bank Mega         •    Funding & Network Director at                Place, Jakarta.
                     based on the Resolution of the Annual        PT Bank Mega Tbk (2016—2017).            •   Risk      Management        Alignment
                     GMS on May 7, 2015, and effective on    •    Funding & Sales Distribution Director        Seminar for Directors: Enhancing the
                     December 30, 2015, with the following        at PT Bank Mega Tbk (2017—2018).             Effectiveness of Risk Management
                     career history:                         •    Consumer     Banking    Director   at        Implementation      to   Achieve    a
                     a. Funding Director (2015 - 2016).           PT Bank Mega Tbk (2018—2023).                Sustainable Banking Industry, BARa,
                     b. Funding & Network Director (2016     •    Vice President Director of PT Bank           September 4-5, 2024, Asmat Room,
                        - 2017).                                  Mega Tbk (2023—present).                     Mandiri Club, Jakarta.
                     c. Funding & Sales Distribution                                                       •   Socialization of the Implementation
                        Director (2017 -2018).                                                                 of the AML-CFT & PPPSPM Program
                                                             Concurrent Positions
                     d. Consumer Banking Direcotr(2018 -                                                       within the Mega Corpora Environment,
                                                             Have no concurrent positions.
                        2023).                                                                                 Allo Bank, September 12, 2024, Menara
                                                                                                               Bank Mega, Jakarta.
                                                             Affiliate Relationship                        •   Anti-Fraud Declaration Commitment
                 Educational Background                      Has no affiliation with other members             #ZeroTolerance, Bank Mega, October
                 Bachelor of Business Law from University    of the Board of Directors, Board of               18, 2024, Menara Bank Mega, Jakarta.
                 of Indonesia (1990).                        Commissioners’ members, and the               •   Cyber Risk and Data Privacy Awareness
                                                             controlling and ultimate shareholders.            Workshop for Top-Level Management
                 Work Experience                                                                               of Bank Mega, Bank Mega, October 23,
                 •   Management Development Program          Training                                          2024, Menara Bank Mega, Jakarta.
                     at PT Bank Lippo Tbk (since 1990).
                 •   Held various positions at PT Bank
                     Lippo Tbk, Citibank, HSBC, and
                     Barclays Bank (2010).
                 •   General Manager Distribution and
                     Personal    Banking    at    Standard
                     Chartered Bank (2010—2011).




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                                                   Company
                                                   Profile




                                                               Indivara Erni
                                                               Vice President Director


                                                               Born in Bekasi in 1967


                                                               Citizenship                    Domicile
                                                               Indonesian                     Bekasi




               Legal Basis of Appointment                  Concurrent Positions                          •   Risk      Management      Alignment
               •   Serves as Vice President Director       Have no concurrent positions.                     Seminar for Directors: Enhancing the
                   of Bank Mega (coordinating Risk                                                           Effectiveness of Risk Management
                   Management, Compliance & Human                                                            Implementation      to  Achieve    a
                                                           Affiliate Relationship                            Sustainable Banking Industry, BARa,
                   Capital, and Operations & IT) based
                                                           Has no affiliation with other members
                   on the Resolution of the Annual GMS                                                       September 4-5, 2024, Asmat Room,
                                                           of the Board of Directors, Board of
                   on February 24, 2023 and effective                                                        Mandiri Club, Jakarta.
                                                           Commissioners’ members, or with the
                   June 12, 2023.
                                                           controlling and ultimate shareholders.
               •   Serves as Risk Director of Bank Mega,                                                 •   Socialization of the Implementation of
                   based on the resolution of Annual GMS                                                     AML-CFT & PPPSPM Program within
                   on March 27, 2014, and effective on     Training                                          the Mega Corpora Environment, Allo
                   September 22, 2014.                     •    Training and Socialization of Minister       Bank, September 12, 2024, Auditorium,
                                                                of Finance Regulation No. 122 of 2023        Menara Bank Mega, Jakarta.
                                                                on Auction Implementation Guidelines,    •   Anti-Fraud Declaration Commitment
               Educational Background                           Bank Mega, January 11, 2024, Bank            #ZeroTolerance, Bank Mega, October
               Bachelor of Economics with Cum Laude
                                                                Mega Tower, Jakarta.                         18, 2024, Menara Bank Mega, Jakarta.
               honors from the University of Padjadjaran
                                                           •    Mega Leaders Conference 2024:            •   Cyber Risk and Data Privacy Awareness
               (1991).
                                                                “Refocusing On Business Strategy             Workshop for Top-Level Management
                                                                For Sustainable Growth,” Bank Mega,          of Bank Mega, Bank Mega, October 23,
               Work Experience                                  January 18-19, 2024, Bandung.                2024, Menara Bank Mega, Jakarta.
               •   Best    graduate    of    Management    •    Economic Outlook 2024 - Year of          •   Socialization of the Draft Regulation
                   Development      Program    at  Bank         Optimism, CNBC Indonesia, February           of the Financial Services Authority
                   Universal and served at various              29, 2024, Ritz-Carlton Hotel, Pacific        (RPOJK) on Financial Conglomerates
                   positions (1991—2000).                       Place, Jakarta.                              and Parent Company of Financial
               •   Her last position after the merger of   •    Focus Group Discussion (FGD) by              Conglomerates, OJK, December 2,
                   Bank Universal into Bank Permata was         the Ministry of Home Affairs and             2024, Menara Radius Prawiro, Bank
                   as Head of Product Manager Division          OJK on Minimum Core Capital (MIM)            Indonesia Office Complex, Central
                   (until 2003).                                Compliance for Regional Development          Jakarta.
               •   Head of Supply Chain Banking Division        Banks (BPD): Strengthening and
                   PT Bank Mega Tbk (2003—2006).                Consolidating BPDs, OJK, March 4,
               •     Head of Indirect Retail Financing          2024, Borobudur Hotel, Jakarta.
                   Division PT Bank Mega Tbk (2006—        •    Meeting on the Implementation of
                   2012).                                       Financial Conglomerate Governance
               •   Regional Manager Jakarta PT Bank             at Mega Corpora, OJK (Department of
                   Mega Tbk (2012—2013).                        Financial Conglomerate Supervision),
               •   Head of Retail & Commercial Business         June 5, 2024, OJK Office (Menara
                   Group PT Bank Mega Tbk (2013—                Radius Prawiro), Jakarta.
                   2014).                                  •    Prospera on Climate Risk Management
               •   Risk Director PT Bank Mega Tbk               Policies for Indonesian Banks - Kick-
                   (2014— 2023).                                Off Ceremony of Cooperation with
               •   Vice President Director of PT Bank           OJK, June 28, 2024, Raffles Hotel,
                   Mega Tbk, coordinating the areas             Jakarta.
                   of Risk Management, Compliance
                   & Human Capital, Operations & IT
                   (2023-present).




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                                                                   Yuni Lastianto
                                                                   Compliance and Human Capital Director


                                                                   Born in Jember in 1959


                                                                   Citizenship                     Domicile
                                                                   Indonesian                      Jakarta




                 Legal Basis of Appointment                    Training                                        •   Socialization of the AML-CFT & PPPSPM
                 The Resolution of Annual GMS on March         •    Mega Leaders Conference 2024                   Program Implementation within Mega
                 29, 2012, and effective on August 29, 2012,        “Refocusing On Business Strategy               Corpora, Allo Bank, September 12,
                 with previous positions as:                        For Sustainable Growth”, Bank Mega,            2024, Auditorium, Menara Bank Mega,
                 • Compliance & Human Capital Director              January 18-19, 2024, Bandung.                  Jakarta.
                     (2012-2013)                               •    Annual Coordination Meeting 2024:          •   Green Financial Crime International
                 • Compliance       &    Good    Corporate          The Role of Preventing and Combating           Seminar: Optimizing Collaboration
                     Governance Director (2013-2016)                Money Laundering, Terrorism Financing,         in Mitigating and Eradicating Green
                 • Compliance & Human Capital Director              and Proliferation of Financing for             Financial Crime in Indonesia Towards
                     (2016 – present)                               Weapons of Mass Destruction in                 Golden Indonesia 2045, Universitas
                                                                    Anticipation of Golden Indonesia 2025,         Andalas & PPATK, September 24, 2024,
                                                                    PPATK, January 30, 2024, Online.               Online.
                 Educational Background
                                                               •    Webinar on Economic and Financial          •   Declaration of Anti-Fraud Commitment
                 Bachelor of Economics from Gadjah Mada
                                                                    Outlook for 2024, OJK Institute,               #ZeroTolerance, Bank Mega, October
                 University (1983).
                                                                    February 22, 2024, Online.                     18, 2024, Auditorium, Menara Bank
                                                               •    Risk       Management         Alignment        Mega, Jakarta.
                 Work Experience                                    Seminar for Directors: Enhancing the       •   Cyber Risk and Data Privacy Awareness
                 •   Bank Auditor Office staff at Bank              Effectiveness of Risk Management               Workshop for Top-Level Management
                     Indonesia (1983—1989).                         Implementation       to     Achieve   a        of Bank Mega, Bank Mega, October 23,
                 •   Head of Credit Audit Division at Bank          Sustainable Banking Industry, BARa,            2024, Menara Bank Mega, Jakarta.
                     Universal (1990—1998).                         March 7-8, 2024, Ballroom Wisma            •   Road to the 3rd Indonesia Data Privacy
                 •   Head of Internal Audit Unit Bank               Mandiri I, Central Jakarta.                    and Protection Symposium 2025:
                     Mega, Corporate Governance &              •    Data Protection Seminar: Legal &               Exchange Sessions & CISO Briefing,
                     Compliance Division Head, and Credit           Information System, Indonesia Stock            PT. Xynexis International & KOMINFO,
                     Administration Division Head (1999—            Exchange, June 3, 2024, Indonesia              November 6, 2024, Indigo Hotel,
                     2012).                                         Stock Exchange Building, Jakarta.              Bandung.
                 •   Compliance & Human Capital Director       •    Pre-convention on the Draft of the         •   Socialization of Banking Regulations
                     of PT Bank Mega Tbk (2012—2013).               Indonesian National Work Competency            (related to Upcoming RPOJK for
                 •   Compliance     Director    &    Good           Standards (RSKKNI) for Banking Risk            Commercial       Banks:    RPOJK      on
                     Corporate Governance of PT Bank                Management, OJK, June 4, 2024, Swiss-          Expansion      of    Banking    Business
                     Mega Tbk (2013 - 2016).                        Belhotel, Cirebon.                             Activities, RPOJK on Financial Reporting
                 •   Compliance & Human Capital Director       •    National Discussion on PPATK’s Role: 22        Integrity, RPOJK Amendments to
                     of PT Bank Mega Tbk (2016—present).            Years of National AML/CFT and Funding          POJK No. 42/POJK.03/2015, and
                                                                    for the Proliferation of Weapons of            RPOJK Amendments to POJK No. 50/
                 Concurrent Positions                               Mass Destruction in Indonesia, PPATK,          POJK.03/2017), OJK, November 7,
                 Have no concurrent positions.                      June 6, 2024, PPATK Building, Jakarta.         2024, Online.
                                                               •    Kick-Off of AKUBISA and Dissemination      •   National Seminar: Combating Online
                                                                    of UMKM Financing Business Model               Gambling and Emerging Crimes in
                 Affiliate Relationship                             Study, Bank Indonesia, June 24, 2024,          the Digital Economy Era 5.0, PPATK,
                 Has no affiliation with other members              Bank Indonesia Building, Jakarta.              November 19, 2024, Four Seasons
                 of the Board of Directors, Board of           •    National Convention on the Draft of            Hotel, Jakarta.
                 Commissioners’ members, and controlling            Indonesian National Work Competency        •   Live Talkshow on the 3rd Literacy Class
                 and ultimate shareholders.                         Standards (RSKKNI) for Banking Risk            with the theme “Asset Forfeiture Bill:
                                                                    Management, OJK, July 8, 2024, Hotel           Why Must It Be Enacted?”, PPATK,
                                                                    DoubleTree, Surabaya.                          November 20, 2024, Online.
                                                               •    Launch and Explanation of the              •   Socialization of the Draft of Financial
                                                                    Implementation of FIR on ML/TF for             Services       Authority     Regulation
                                                                    the year 2024, PPATK, August 20, 2024,         (RPOJK) on Financial Conglomerates
                                                                    PPATK Building, Jakarta.                       and Financial Conglomerate Holding
                                                               •    FGD on e-Certificate Implementation,           Companies, OJK, December 2, 2024,
                                                                    PERBANAS, August 27, 2024, Ayana               Online.
                                                                    Hotel, Jakarta.                            •   Focus Group Discussion on the
                                                               •    Socialization of Commitments and               Implementation of Internal Control
                                                                    Follow-Up on the National Discussion           in the Financial Reporting Process of
                                                                    on June 6, 2024, PPATK and FKDKP,              Banks, OJK, December 18, 2024, Online.
                                                                    September 6, 2024, Online.




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                                                      Company
                                                      Profile




                                                                  Madi Darmadi Lazuardi
                                                                  Credit Director


                                                                  Born in Jakarta 1966


                                                                  Citizenship                   Domicile
                                                                  Indonesian                    Jakarta




               Legal Basis of Appointment                     Concurrent Positions                         •   Socialization of AML-CFT & PPPSPM
               The Resolution of Annual GMS on April 17,      Have no concurrent positions. .                  Program Implementation within Mega
               2013 and effective on July 16, 2013.                                                            Corpora, Allo Bank, September 12,
                                                                                                               2024, Menara Bank Mega, Jakarta.
                                                              Affiliate Relationship                       •   Anti-Fraud Declaration Commitment
               Educational Background                         Has no affiliation with other members
                                                                                                               #ZeroTolerance, Bank Mega, October
               •   Bachelor’s    degree    in  Business       of the Board of Directors, Board of
                                                                                                               18, 2024, Auditorium, Menara Bank
                   Administration from Atmajaya Catholic      Commissioners’ members, or with the
                                                                                                               Mega, Jakarta.
                   University (1989).                         controlling and ultimate shareholders.
                                                                                                           •   Cyber Risk and Data Privacy Awareness
               •   Master of Management majoring in
                                                                                                               Workshop for Top-Level Management
                   International Finance from Gadjah
                                                              Training                                         of Bank Mega, Bank Mega, October 23,
                   Mada University (1998).
                                                              •    Mega Leaders Conference 2024:               2024, Menara Bank Mega, Jakarta.
                                                                   “Refocusing On Business Strategy
               Work Experience                                     For Sustainable Growth”, Bank Mega,
               •   Started his banking career at Bank              January 18–19, 2024, Bandung.
                   Danamon and served at several              •    Economic Outlook 2024 - Year of
                   positions, such as Corporate Banking,           Optimism, CNBC Indonesia, February
                   Commercial Banking, Corporate Affairs           29, 2024, Hotel Ritz-Carlton Pacific
                   , and lastly as Senior Vice President of        Place, Jakarta.
                   Special Asset Management & Human           •    Risk      Management       Alignment
                   Resource (1989—2007).                           Seminar for Directors: Enhancing the
               •   Country Head of Business Banking in             Effectiveness of Risk Management
                   ABN Amro Bank NV (2007).                        Implementation     to    Achieve   a
               •   Managing       Director    Bank    UOB          Sustainable Banking Industry, BARa,
                   Indonesia (2007—2011).                          September 4–5, 2024, Mandiri Club,
               •   President Director/CEO Bank QNB                 Jakarta.
                   Indonesia (2011—2012).
               •   Credit Director of PT Bank Mega Tbk
                   (2013—present).




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                                                                  Martin Mulwanto
                                                                  Treasury and International Banking Director


                                                                  Born in Manila in 1968


                                                                  Citizenship                     Domicile
                                                                  Indonesian                      Jakarta




                 Legal Basis of Appointment                   Concurrent Positions                            •   Gathering event of the Governor of
                 The resolution of Annual GMS on March        Have no concurrent positions.                       Bank Indonesia and the Indonesian
                 27, 2014, and effective on September 22,                                                         Money Market and Foreign Exchange
                 2014.                                                                                            Market     Association    (APUVINDO):
                                                              Affiliate Relationship                              Bank Indonesia, May 8, 2024, Bank
                                                              Has no affiliation with other members
                                                                                                                  Indonesia, Jakarta.
                 Educational Background                       of the Board of Directors, Board of
                                                                                                              •   Online PPL WPPE: In-depth Discussion
                 Bachelor of Science from De La Salle         Commissioners’ members, or with the
                                                                                                                  of Futures in the Indonesian Capital
                 University (1991).                           controlling and ultimate shareholders.
                                                                                                                  Market, TICMIEDU, August 14–25,
                                                                                                                  2024, Online.
                 Work Experience                              Training                                        •   2024 J.P. Morgan Investment Forum:
                 •   Started his career as a Management       •    Mega Leaders Conference 2024:                  Road to Indonesia’s Golden 2045
                     Trainee at Deutsche Bank and then             “Refocusing On Business Strategy               Vision, J.P. Morgan, St. Regis, Jakarta.
                     served as a Treasury Dealer (1992—            For Sustainable Growth”, Bank Mega,        •   Socialization of AML-CFT & PPPSPM
                     1996).                                        January 18–19, 2024, Bandung.                  Program Implementation within Mega
                 •   Director Head of Corporate Sales and     •    Economic Outlook 2024 - Year of                Corpora, Allo Bank, September 12,
                     Structuring FICC at Citibank Jakarta          Optimism, CNBC Indonesia, February             2024, Auditorium, Menara Bank Mega,
                     (1996— 2007).                                 29, 2024, Hotel Ritz-Carlton Pacific           Jakarta.
                 •   Director Foreign Exchange Distribution        Place, Jakarta.                            •   Cyber Risk and Data Privacy Awareness
                     - APAC Investment Bank at UBS AG         •    Risk       Management         Alignment        Workshop for Top-Level Management
                     Singapore (2007—2008).                        Seminar for Directors: Enhancing the           of Bank Mega, Bank Mega, October 23,
                 •   Executive Director, Fixed Income              Effectiveness of Risk Management               2024, Menara Bank Mega, Jakarta.
                     Currency and Commodity Asia at                Implementation       to     Achieve   a
                     Morgan Stanley Singapore (2008—               Sustainable Banking Industry, BARa,
                     2009).                                        March 7–8, 2024, Ballroom, Wisma
                 •   Executive Board Director, Head of             Mandiri I, Central Jakarta.
                     Global Markets at PT Bank ANZ
                     Indonesia (2009— 2014).
                 •   Treasury & International Banking
                     Director at PT Bank Mega Tbk (2014—
                     present).




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                                                    Company
                                                    Profile




                                                                C. Guntur Triyudianto
                                                                Operations Director


                                                                Born in Surakarta in 1966


                                                                Citizenship                     Domicile
                                                                Indonesian                      Jakarta




               Legal Basis of Appointment                   •    Digital Banking and Financial Inclusion   •   Sharing Session: Draft of Government
               •   Serves as Operations Director based           Group Head at Bank Mandiri (2017—             Regulation on the Implementation of
                   on the resolution of the Annual GMS           2018).                                        Law No. 27 of 2022 on Personal Data
                   on February 24, 2023.                    •    Operations Director of PT Bank Mega           Protection (RPP PDP), Communication
               •   Serves as Operations and Information          Tbk (2018—2019).                              Forum      of  Banking     Operational
                   Technology Director based on the         •    Operations & Information Technology           Directors (FKDOP), May 16, 2024,
                   resolution of Annual GMS on February          Director of PT Bank Mega Tbk (2019—           Hotel Santika Premiere Slipi, Jakarta.
                   28, 2018, and effective on September          2023).                                    •   Socialization of Payments to PJP/PIP
                   12, 2018.                                •    Operations Director of PT Bank Mega           Industries: Enhancing Fraud Detection
                                                                 Tbk (2023—present).                           Systems to Strengthen Cybersecurity
                                                                                                               Resilience in the Payment System
               Educational Background                                                                          Industry, Bank Indonesia, August 26,
               Bachelor’s Degree in Geology Engineering     Concurrent Positions
                                                                                                               2024, Hotel Bidakara, Jakarta.
               from Gadjah Mada University (1992).          Have no concurrent positions.
                                                                                                           •   Socialization of AML-CFT & PPPSPM
                                                                                                               Program Implementation within Mega
               Work Experience                              Affiliate Relationship                             Corpora, Allo Bank, September 12,
               •   Started his career as Development        Has no affiliation with other members              2024, Menara Bank Mega, Jakarta.
                   Program Officer at Bank Bali, and        of the Board of Directors, Board of            •   Declaration       for       Anti-Fraud
                   continued with various       positions   Commissioners’ members, or with the                Commitment #ZeroTolerance, Bank
                   as Card Production Unit Head,            controlling and ultimate shareholders.             Mega, October 18, 2024, Auditorium,
                   Authorization Unit Head, Card Business                                                      Menara Bank Mega, Jakarta.
                   Manager, Portfolio Department Head       Training                                       •   Cyber     Risk   and   Data     Privacy
                   Credit Card, AVP Electronic Channel      •    Mega Leaders Conference 2024:                 Awareness Workshop for Top-Level
                   Department Head, VP Business                  “Refocusing On Business Strategy              Management, Bank Mega, October 23,
                   Development Electronic Banking at             For Sustainable Growth”, Bank Mega,           2024, Menara Bank Mega, Jakarta.
                   Bank Bali (1993—2002).                        January 18–19, 2024, Bandung.
               •   Head of Account Services at Bank         •    Seminar      on     Risk  Management
                   Permata (2005—2010).                          Alignment for Directors: Enhancing
               •   Retail Technology and Operations              the Effectiveness of Risk Management
                   Head at Bank UOB Indonesia (2010—             Implementation        to  Achieve  a
                   2011).                                        Sustainable Banking Industry, BARa,
               •   Operations Director at WOM Finance            March 7–8, 2024, Ballroom, Wisma
                   (2011—2015).                                  Mandiri I, Jakarta.
               •   IT Application Development Group
                   Head at Bank Mandiri (2016—2017).




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                                                                   YB Hariantono
                                                                   Information Technology Director


                                                                   Born in Malang in 1966


                                                                   Citizenship                      Domicile
                                                                   Indonesian                       Jakarta




                 Legal Basis of Appointment                    Training                                         •   Sovereign AI: “Empowering Indonesia’s
                 Serves    as   Information   Technology       •    Mega Leaders Conference 2024:                   Future” (Launching of Cloudeka GPU
                 Director based on the Resolution of the            “Refocusing On Business Strategy                Lintasarta), Kominfo, August 21, 2024,
                 Annual GMS on February 24, 2023 and                For Sustainable Growth”, Bank Mega,             Hotel Indonesia Kempinski, Jakarta.
                 effective on March 27, 2023.                       January 18–19, 2024, Bandung.               •   The Big Idea Forum: “The Age of
                                                               •    Economic Outlook 2024 - Year of                 AI: Should We Be Afraid?”, CNN
                                                                    Optimism, CNBC Indonesia, February              Indonesia, August 30, 2024, Studio 2,
                 Educational Background
                                                                    29, 2024, Hotel Ritz-Carlton Pacific            CNN Indonesia, TransMedia Building,
                 Bachelor of Electrical Engineering,
                                                                    Place, Jakarta.                                 Jakarta.
                 Institute of    Technology Sepuluh
                                                               •    Tech & Telco Summit 2024: “AI Meets         •   Focus      Group    Discussion:    “The
                 Nopember (1990).
                                                                    Telco: Reimagining Business in Digital          Necessity of Optimized IT Strategies,
                                                                    Landscape”, CNBC Indonesia, March 5,            Cutting-edge      Security   Measures:
                 Work Experience                                    2024, Menara Bank Mega, Jakarta.                Innovation, Challenges, and Future
                 •   Started his banking career at Bank Bali   •    Women Leadership Forum, iCIO                    Direction”,      iCIO      Community,
                     in 1991 as Junior System Programmer            Community, March 6, 2024, Habitate              September 11, 2024, Hotel Fairmont,
                     and served in various positions until          Jakarta.                                        Jakarta.
                     2002 as Vice President Group Head IT.     •    Seminar     on      Risk   Management       •   Socialization of AML-CFT & PPPSPM
                 •   Joined Bank Permata in 2003 as IT              Alignment for Directors: Enhancing              Program Implementation within Mega
                     Integration Coordinator - 5 Banks              Risk Management Effectiveness to                Corpora, Allo Bank, September 12,
                     Merger Integration Team and served             Build a Sustainable Banking Industry,           2024, Auditorium, Menara Bank Mega,
                     in various management positions with           BARa, March 7–8, 2024, Ballroom,                Jakarta.
                     his last position as Executive Vice            Wisma Mandiri I, Jakarta.                   •   Commitment Declaration for Anti-
                     President Network Head in 2010.           •    Google Cloud Leaders Exchange:                  Fraud #ZeroTolerance, Bank Mega,
                 •   Executive Vice President Information           “Soaring High with AI Transformation            October 18, 2024, Auditorium, Menara
                     Technology Head at BII - Maybank               through Cloud”, Google Cloud, March             Bank Mega, Jakarta.
                     (2010- 2014).                                  19, 2024, The Langham, Jakarta.             •   Cyber     Risk   and    Data    Privacy
                 •   Operations & Information Technology       •    iCIO Exchange Goes To Green Data                Awareness Workshop for Top-Level
                     Director of PT Bank Mega Tbk (2014-            Centre XL Axiata: “Securing Credible            Management, Bank Mega, October 23,
                     2018).                                         Insights to Fortify Strategic Outlook           2024, Menara Bank Mega, Jakarta.
                 •   Information Technology Director of PT          with Data Security Measures”, iCIO          •   Prima Executive Gathering 2024:
                     Bank Mega Tbk (2018-2019).                     Community & XL Axiata, May 29, 2024,            “Leveraging Collaboration for Optimal
                 •   Head of Information of Technology at           Data Centre XL Axiata, Cibitung.                Performance and Cyber Resilience”,
                     PT Bank BTPN (2019-2020).                 •    Phygital    Convergence:      “Elevating        PT. Rintis Sejahtera, October 24, 2024,
                 •   Director of Information Technology &           Banking Experience”, PT. Intikom                The Meru Sanur, Bali.
                     Operations PT Bank Negara Indonesia            Berlian Mustika, July 17, 2024, Raffles     •   Executive Leadership Forum and
                     (Persero) Tbk (2020-2022)                      Hotel, Jakarta.                                 iCIO Awards 2024: “Adapting to
                 •   Chairman ICIO Community (2022-            •    Infobank - Backbase Power Breakfast:            Uncertainty: Empowering Business
                     2024).                                         “Unveiling    Economic     Insights    &        Resilience in a Dynamic Era”, iCIO
                 •   Vice Chairman of the Indonesian                Strategies for Tomorrow’s Leaders”,             Community, November 6, 2024,
                     Payment System Association (ASPI)              Infobank, July 18, 2024, Hotel Indonesia        Thamrin Nine Ballroom, Jakarta.
                     (2022-2023).                                   Kempinski, Jakarta.                         •   iCIO Traveler Goes to Bali Program:
                                                               •    Infobank - Backbase Leadership                  “Becoming        a      Cyber-Resilient
                 Concurrent Positions                               Banking Insights Forum 2024: “Digital           Organization:       Challenges      and
                 Have no concurrent positions.                      Banking 4.0: Advancing Growth                   Roadmaps”,        iCIO     Community,
                                                                    in Indonesia’s Banking Economy”,                November 21–23, 2024, Bali.
                                                                    Infobank, July 18, 2024, Hotel Indonesia    •   The Future of Corporate Banking and
                 Affiliate Relationship                             Kempinski, Jakarta.                             Multiplatform Threat Protection for
                 Has no affiliation with other members         •    FEKDI x KKI 2024 (Indonesia Digital             Banking Security, Comarch, December
                 of the Board of Directors, Board of                Financial Economy and Indonesian                3, 2024, Kempinski Hotel, Jakarta.
                 Commissioners’ members, or with the                Creative Works Festival), Ministry of
                 controlling and ultimate shareholders.             Tourism and Creative Eonomy/Agency
                                                                    for Tourism and Creative Economy,
                                                                    August 1–2, 2024, Jakarta Convention
                                                                    Center, Jakarta.




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                                              Company
                                              Profile




               Management Changes
               After 2024 Financial Year


                 There were no changes in the composition of the Board of Commissioners and Board of Directors after the
                 financial year ended on December 31, 2024, until the deadline for submitting this Annual Report.




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                 Profile of Non-Commissioner
                 Committee Members



                                                              Purwo Junianto
                                                              Audit Committee Members


                                                              Born in Jakarta in 1955


                                                              Citizenship                Domicile
                                                              Indonesian                 Jakarta




                 Legal Basis of Appointment                                   Concurrent Positions
                 Decree of the Board of Directors No. SK. 111/ DIRBM/23       Have no concurrent positions.
                 on March 1, 2022 and effective on September 1, 2023.


                                                                              Affiliate Relationship
                 Educational Background                                       Has no affiliation with other members of the Board of
                 • Graduated from Gadjah Mada University, Yogyakarta,         Directors, Board of Commissioners’ members, or with
                   with a Bachelor of Economics degree in 1978.               the ultimate shareholders.
                 • Obtained an MBA in 1993 from the University of
                   Illinois, Urbana Champaign USA.

                                                                              Training
                                                                              • Strategic Implementation of Market Conduct,
                 Work Experience                                                Building Trust, and Enhancing the Performance of the
                 • Started his banking career in 1979 as a Management           Financial Services Industry, OJK Institute, August 8,
                   Trainee at Import Export Bank/ Bank Exim. His last           2024, Online.
                   position at Bank Exim was the Head of the Credit           • The Future of Data Analitics in The Financial Industry
                   Bureau in 1999                                               Trend & Innovation, OJK Institute, September 12,
                 • Joined Bank Mandiri for 2 years before resigning in          2024, Online.
                   2001.
                 • Finance Director of PT Tirto Bumi Prakarsatama
                   (2004 - 2016).
                 • Served as lecturer at MM UGM - Jakarta, (2002 -
                   2006).
                 • Member of PT Bank Mega Tbk Risk Monitoring
                   Committee (2019-2021).
                 • Member of the Audit Committee of PT Bank Mega
                   Tbk (2022-present).




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                                              Company
                                              Profile




                                                       Ivan Purnama Sanoesi
                                                       Audit Commitee Member


                                                       Born in Jakarta in 1961


                                                       Citizenship                 Domicile
                                                       Indonesian                  Jakarta




               Legal Basis of Appointment                               Training
               Decree of the Board of Directors No. SK. 111/ DIRBM/23   • Connecting The Dots, OJK Institute, January 11, 2024,
               on August 31, 2023 and effective on September 1, 2023.     Online.
                                                                        • Cyber Attack Prevention Strategy, OJK Institute,
                                                                          February 29, 2024, Online.
                                                                        • Artificial Intelligence Changes The Face of Financial
               Educational Background                                     Sector, OJK Institute, March 7, 2024, Online.
               • Bachelor of Accounting from the Faculty of             • How to Prevent Accounting Fraud in Financial Sector,
                 Economics, Tarumanegara University, 1988                 OJK Institute, May 2, 2024, Online.
               • Master of Financial Management from PPM School of      • Opportunities and Challenges of Personal Data
                 Management, 2004.                                        Protection in Transactions in the Digital Era, OJK
                                                                          Institute, May 30, 2024, Online.
                                                                        • The Role of Innovative Credit Scoring in Increasing
                                                                          Access to Funding, OJK Institute, June 27, 2024,
                                                                          Online.
               Work Experience
                                                                        • Foresight: Methodology and Its Applications, The
               • Audit Staff, Audit Unit Head, Audit Bureau Head,
                                                                          Institute of Internal Auditors Indonesia, July 11, 2024.
                 Deputy of Audit Division Head in PT Bank Central
                                                                        • How to Mitigate Trasition and Physical Risk in The
                 Asia (1986 - 2016).
                                                                          Financial Sector, OJK Institute, July 4, 2024, Online.
               • Advisor Internal Audit and Risk Management, PT
                                                                        • Driving Corporate Performance Through Artificial
                 Central Sentosa Finance (2016 - 2018).
                                                                          Inteligence, OJK Institute, July 25, 2024, Online.
               • Member of PT Bank Mega Tbk Risk Monitoring
                                                                        • Market Conduct Implementation Strategy: Building
                 Committee (2017-2022).
                                                                          Trust and Enhancing the Performance of the Financial
               • Member of the Audit Committee of PT Bank Mega
                                                                          Services Industry, OJK Institute, August 8, 2024,
                 Tbk (2023-present).
                                                                          Online.
               • Serves as an Independent Member of the Risk
                                                                        • Preparation       for    Banking   Risk     Management
                 Monitoring Committee and Audit Committee in
                                                                          Certification Exam Level 6, LSPP, August 2024,
                 various Financial Service Institutions.
                                                                          Menara Bank Mega, Jakarta.
                                                                        • The Future of Data Analytics in The Financial Industry,
                                                                          Trends and Innovation, OJK Institute, September 12,
                                                                          2024, Online.
               Concurrent Positions                                     • EV Insurance, International Best Practices for
               • Member of the Risk Monitoring Committee of               Innovation of New Energy Products and Services,
                 PT Bank Hibank Indonesia (Member of BNI).                OJK Institute, Oktober 31, 2024, Online.
               • Member of the Audit Committee of PT Bank BTPN          • Climate Reporting in The Financial Statements, KPMG
                 Tbk.                                                     Indonesia, November 18, 2024.
               • Member of the Risk Monitoring Committee of             • Strengthening         FInancial  Integrity:   Advanced
                 PT Bank Ina Perdana Tbk.                                 Strategies and Innovations in Anti Fraud, OJK
               • Member of the Risk Monitoring Committee of PT BCA        Institute, November 21, 2024, Online.
                 Digital.                                               • Preparation       for    Banking   Risk     Management
                                                                          Certification Exam Level 7, LSPP, September 2024,
                                                                          Menara Bank Mega, Jakarta.

               Affiliate Relationship
               Has no affiliation with other members of the Board of
               Directors, Board of Commissioners’ members, or with
               the ultimate shareholders.




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                                                              Iramady Irdja
                                                              Risk Monitoring Committee Member


                                                              Born in Payakumbuh in 1955


                                                              Citizenship               Domicile
                                                              Indonesian                Jakarta




                 Legal Basis of Appointment                                  Concurrent Positions
                 Decree of the Board of Directors No. SK.025/ DIRM/22,       Have no concurrent positions.
                 effective on March 1, 2022.


                                                                             Affiliate Relationship
                 Educational Background                                      Has no affiliation with other members of the Board of
                 • Master of Science (S2), National University in 2018.      Directors, Board of Commissioners’ members, or with
                 • Doctorate (S3) Political Science (Concentrated on         the ultimate shareholders.
                   Political Economy), National University, 2021.


                                                                             Training
                 Work Experience                                             • Risk Management Certification Level 4 Preparation,
                 • Deputy Director of Bank Indonesia – Head of Bank            Bank Mega, May 2024, Menara Bank Mega, Jakarta.
                   Supervision in the working area of North Sumatra and      • Risk Management Certification Level 5 Preparation,
                   Nangroe Aceh Darusalam (NAD) (2008 - 2011).                 Bank Mega, June 2024, Menara Bank Mega, Jakarta.
                 • Consultant for the Development of MSEs and Sharia         • Risk Management Certification Level 6 Preparation,
                   Economics in the work area of Bank Indonesia for            Bank Mega, August 2024, Menara        Bank Mega,
                   Central Sumatra (West Sumatra, Riau, Jambi, Riau            Jakarta.
                   Islands), (2011 - 2012).                                  • Risk Management Certification Level 7 Preparation,
                 • Advisor Committee LA – Indosat (2015 - 2018).               Bank Mega, September 2024, Bank Mega Tower,
                 • Member of the Audit Committee of PT Bank Mega               Jakarta.
                   Tbk (2019-2021).
                 • Member of PT Bank Mega Tbk Risk Monitoring
                   Committee (2022-present).




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                                              Company
                                              Profile




                                                       Adrial Salam
                                                       Risk Monitoring Committee Member


                                                       Born in Padang in 1959


                                                       Citizenship                 Domicile
                                                       Indonesian                  Jakarta




               Legal Basis of Appointment                               Concurrent Positions
               Decree of the Board of Directors No. SK.025/ DIRM/22,    Have no concurrent positions.
               effective on March 1, 2022.


                                                                        Affiliate Relationship
               Educational Background                                   Has no affiliation with other members of the Board of
               Master of Management, Pancasila University 2001.         Directors, Board of Commissioners’ members, or with
                                                                        the ultimate shareholders.


               Work Experience
               • Career at Bank Mandiri from 1999 to 2016, holding      Training
                 various positions:                                     • Risk Management Certification Level 5 Preparation,
                 a. Branch Manager (1999–2005).                           Bank Mega, May 2024, Menara Bank Mega, Jakarta.
                 b. Investigator for Special Audits (2006–2008).        • Risk Management Certification Level 6 Preparation,
                 c. Head of Regional Internal Control for Jakarta and     Bank Mega, August 2024, Menara Bank Mega, Jakarta.
                    West Java Region (2008–2011).                       • Risk Management Certification Level 7 Preparation,
                 d. Branch Area Manager (2011–2012).                      Bank Mega, September 2024, Menara Bank Mega,
                 e. Head of Internal Audit (2012–2016).                   Jakarta.
                 f. Head of the Transformation Team in the Audit
                    Division (2015–2016).
               • Instructor for Banking Operations Module and Anti-
                 Fraud Prevention Module (2005–2016).
               • Instructor for Risk Management Certification (2015–
                 present).
               • Member of the Audit Committee at PT Bank Mega
                 Tbk (2015–2022).
               • Member of the Audit Committee at PT Mandiri
                 Inhealth Tbk (2016–2022).
               • Member of the Risk Monitoring Committee at PT
                 Bank Mega Tbk (2022–present).




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                                                              Anwar V. Purba
                                                              Remuneration and Nomination Committee Member


                                                              Born in Pematang Siantar in 1964


                                                              Citizenship                Domicile
                                                              Indonesian                 Jakarta




                 Legal Basis of Appointment                                   Concurrent Positions
                 Decree of the Board of Directors No. SK.029/ DIRM/22         Have no concurrent positions.
                 on March 1, 2022.


                                                                              Affiliate Relationship
                 Educational Background                                       Has no affiliation with other members of the Board of
                 Obtained a Bachelor from Faculty of Psychology,              Directors, Board of Commissioners’ members, or with
                 Universitas Indonesia and has completed Executive            the ultimate shareholders.
                 Master in Business Administration in the Asian Institute
                 of Management, Manila, Philippines.

                                                                              Training
                                                                              • Mega Leaders Conference 2024: “Refocusing On
                 Work Experience                                                Business Strategy For Sustainable Growth,” Bank
                 • Rejoined Bank Mega in 2008 and held the Human                Mega, January 18–19, 2024, Bandung.
                   Capital Management Head position.                          • Awareness & Preparation for the Implementation of
                 • Remuneration and Nomination member PT Bank                   Law No. 27 of 2022 on Personal Data Protection, Bank
                   Mega Tbk (2010-present).                                     Mega, July 19, 2024, Menara Bank Mega, Jakarta.
                                                                              • Commitment        to     Anti-Fraud      Declaration
                                                                                #ZeroTolerance, Bank Mega, October 18, 2024, 3rd
                                                                                Floor Auditorium, Menara Bank Mega, Jakarta.
                                                                              • Workshop on Cyber Risk and Data Privacy Awareness
                                                                                for Top-Level Management, Bank Mega, October 23,
                                                                                2024, Menara Bank Mega, Jakarta.
                                                                              • Cyber Exercise Bankwide Training, Bank Mega,
                                                                                November 19, 2024, Bank Mega Tower, Jakarta.
                                                                              • Risk Management Level 5 Refreshment: Privacy
                                                                                Risk Management, Bank Mega, December 10, 2024,
                                                                                Menara Bank Mega, Jakarta.




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                                              Company
                                              Profile




                                                       Harlina Wati Rahardja
                                                       Head of Internal Audit


                                                       Born in Pematang Siantar in 1968


                                                       Citizenship                 Domicile
                                                       Indonesian                  Jakarta




               Legal Basis for Appointment                             Concurrent Positions
               Board of Directors Decree No. SK.1555/DIRBM/PJGP/24,    Have no concurrent positions.
               effective as of December 16, 2024.


                                                                       Affiliate Relationship
               Educational Background                                  Has no affiliation with other members of the Board of
               Earned a bachelor’s degree from Universitas Merdeka     Directors, Board of Commissioners’ members, or with
               Malang, graduating in 1991.                             the ultimate shareholders.




               Work Experience                                         Training
               • Started career at PT Bank Central Asia as Senior      • Risk Management Certification Level 5 Refreshment
                 Auditor (1992–1995).                                    (8 competency units), Bank Mega, January 25-26,
               • Held the position of Audit Manager at PT Tunas          2024, Menara Bank Mega, Jakarta.
                 Ridean Tbk (1995–1996).                               • Electronic Land Certificate Socialization, Bank Mega,
               • Served as Audit Department Head at PT Bank Hastin       July 8, 2024, Hybrid.
                 Internasional (1996–1998).                            • Workshop on Cyber Risk and Data Privacy Awareness
               • Worked as Audit Manager at PT Samuel Securitas          for Top-Level Management, Bank Mega, October 23,
                 Indonesia (July–December 2001).                         2024, Menara Bank Mega, Jakarta.
               • Joined PT Bank Mega, Tbk as Regional & Branch         • Risk Management Level 5 Refreshment: Privacy
                 Audit Head (2002–2024).                                 Risk Management, Bank Mega, December 10, 2024,
               • Head of Internal Audit PT Bank Mega Tbk. (2024 -        Menara Bank Mega, Jakarta.
                 sekarang)                                             • Awareness of Personal Data Protection Law, Bank
                                                                         Mega, December 10, 2024, Online.




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                                                              Christiana Maria Damanik
                                                              Corporate Secretary


                                                              Born in Conakry, Guinea in 1962


                                                              Citizenship                Domicile
                                                              Indonesian                 Bogor




                 Legal Basis for Appointment                                  Training
                 Report to the Indonesian Stock Exchange and the              • Mega Leaders Conference 2024: “Refocusing On
                 Financial Services Authority with Letter No: 262/              Business Strategy For Sustainable Growth”, Bank
                 DIRBM-COAF/15 dated November 2, 2015, and act as               Mega, January 18–19, 2024, Bandung.
                 Corporate Affairs Head.                                      • Awareness Enhancement of ASEAN Corporate
                                                                                Governance Scorecard Criteria (Revised October
                                                                                2023), PT Bursa Efek Indonesia, February 7, 2024,
                                                                                Indonesia Stock Exchange Building.
                 Educational Background                                       • Training: IT Security Awareness for Employees, Bank
                 Graduated with a Bachelor of Arts degree in Political          Mega, March 28, 2024, Online.
                 Science from the University of the Philippines, Quezon       • In-Depth Interview: Sustainable Finance Policy
                 City, Metro Manila.                                            Development, OJK, May 29, 2024, Online.
                                                                              • Dissemination of Financial Services Authority
                                                                                Regulation (POJK) Number: (1) POJK No. 26/2023 on
                                                                                the Use of International Financial Reporting Standards
                                                                                in the Capital Market; (2) POJK No. 29/2023 on the
                 Work Experience
                                                                                Repurchase of Shares Issued by Public Companies;
                 • Conference Supervisor PT Astrindo Satrya Kharisma
                                                                                and (3) POJK No. 4/2024 on Reports of Ownership
                   (1988 - 1990).
                                                                                or Any Changes in Share Ownership of Public
                 • Corporate Secretary PT Benua Birunusa Holding
                                                                                Companies and Reports on Share Pledging Activities
                   Company (1992 - 1996).
                                                                                of Public Companies, OJK, June 13, 2024, Online.
                 • Began her career in banking at PT Bank Danamon
                                                                              • Dissemination of Financial Services Authority
                   Indonesia Tbk with the last position as AVP
                                                                                Regulation (POJK) Number: (1) POJK No. 30/2023
                   CorporateCommunication Head (1996 - 2004).
                                                                                on the Communication of Key Audit Matters in
                 • VP Corporate Communication Head, PT Bank Mandiri
                                                                                Public Accountant Reports on Audited Financial
                   Tbk (2004 - 2007).
                                                                                Statements in the Capital Market; and (2) POJK
                 • Advisory Services on Corporate Communication
                                                                                No. 6/2024 on Securities Transaction Financing
                   (2007 - 2010).
                                                                                by Securities Companies for Customers and Short
                 • Corporate Secretary PT Bank Pundi Indonesia Tbk
                                                                                Selling Transactions by Securities Companies. OJK,
                   (2010 - 2015).
                                                                                June 14, 2024, Online.
                 • Corporate Secretary and also as Corporate Affairs
                                                                              • Socialization on Self-Assessment Reporting via
                   Head PT Bank Mega Tbk (2015 - present).
                                                                                the Education and Consumer Protection Reporting
                                                                                Information System (SiPEDULI), OJK, July 16, 2024,
                                                                                Online.
                                                                              • Awareness and Preparation for the Implementation
                 Concurrent Positions                                           of Law No. 27 of 2022 on Personal Data Protection,
                 Have no concurrent positions.                                  Bank Mega, July 19, 2024, Menara Bank Mega,
                                                                                Jakarta.
                                                                              • Commitment          Declaration      of     Anti-Fraud
                                                                                #ZeroTolerance, Bank Mega, October 18, 2024,
                 Affiliate Relationship                                         Menara Bank Mega, Jakarta.
                 Has no affiliation with other members of the Board of        • Workshop: Cyber Risk and Data Privacy Awareness
                 Directors, Board of Commissioners’ members, or with            for Top-Level Management, Bank Mega, October 23,
                 the ultimate shareholders.                                     2024, Menara Bank Mega, Jakarta.
                                                                              • Risk Management Level 5 Refreshment: Privacy
                                                                                Risk Management, Bank Mega, December 10, 2024,
                                                                                Menara Bank Mega, Jakarta.




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                                                       Company
                                                       Profile




               Executive Officers
               Profile

                                                                 Andrew Wongjaya                                 Budi Setio Wibowo

                          A                                      Regional Head Banjarmasin
                                                                 Indonesian citizen, born in 1966.
                                                                 Bachelor’s degree in Economics from
                                                                                                                 Crime & Fraud Investigation Head
                                                                                                                 Indonesian citizen, born in 1970.
                                                                                                                 Bachelor’s degree in Economics from
                                                                 Klabat University. Appointed as Regional        YAI College of Economics. Appointed as
                                                                 Head of Banjarmasin since February              Head of Crime & Fraud Investigation since
                                                                 2021 and previously worked for the Bank         January 2016 and previously worked at
                                                                 as Regional Head of Makassar since              the Bank as Head of Banking Fraud since
                 Ary Satrio                                      February 2015.                                  April 2012.
                 Network Operations Head
                 Indonesian   citizen,  born    in  1967.        Anggoro Sulaksono
                 Bachelor’s degree in Agriculture from           Chief of Staff
                 Bogor Agricultural Institute. Appointed         Indonesian citizen, born in 1980. Holds
                 as Network Operations Head since                a Bachelor of Engineering from Sepuluh

                                                                                                                          C
                 December 2024. Previously served as             November Institute of Technology and
                 the Bank’s Head of Internal Audit since         a Masters in Management from Prasetya
                 October 2020.                                   Mulya. Appointed as Chief of Staff since
                                                                 November 2021 and previously worked
                 Achmad Agustiyatama                             at the Bank as Head of Data Center &
                 Transformation Project Head                     System Monitoring since August 2020.
                 Indonesian citizen, born in 1973. Holds
                 a Bachelor’s Degree in Economics from           Antonius Prabowo Argo                           Caroline Setiabudi
                 the University of Toledo. Appointed as          Corporate Syndication Head                      Digital Marketing Head
                 Transformation Project Head since July          Indonesian Citizen, born in 1967. Holds         Indonesian citizen, born in 1985. Holds
                 2021 and previously worked at CIMB              a Bachelor’s degree in Agronomy from            a Bachelor’s degree in Information
                 Niaga as Merchant Business Product &            Bogor Agricultural University and a             Engineering and a Master’s degree
                 Project Division Head.                          Master of Business Administration from          in Management from Bina Nusantara
                                                                 the University of Amsterdam. Appointed          University. Appointed as Head of Digital
                 Adang Isnandar                                  as Corporate Syndication Head in July           Marketing since February 2022 and
                 Corporate Legal Head                            2024 and previously served as the               previously worked at Visionet Indonesia
                 Indonesian citizen, born in 1958. Bachelor      Business Director at Bank Sumsel Babel.         as VP Product Marketing.
                 of Laws from the University of Indonesia.
                 Appointed as Corporate Legal Head in            Anwar V. Purba                                  Christiana Maria Damanik
                 May 2002 and previously worked at Para          Human Capital Management Head                   Corporate Affairs Head
                 Group as Senior Assistant to the Legal          Indonesian national, born in 1964. Obtained     Indonesian citizen, born in 1962. Holds
                 Director.                                       a Bachelor’s degree from the Faculty            a Bachelor’s degree in Political Science
                                                                 of Psychology, University of Indonesia          from the University of the Philippines.
                 Adistia Sukyantho                               and completed the Executive Master in           Appointed as Head of Corporate Affairs
                 Financial Control Head                          Business Administration Program at the          since October 2015 and previously
                 Indonesian citizen, born in 1969.               Asian Institute of Management, Manila,          worked at Bank Pundi Indonesia as Head
                 Bachelor’s degree in Economics from             Philippines. Appointed as Human Capital         of Corporate Secretary.
                 Tarumanagara University. Appointed as           Management Head in October 2008
                 Head of Financial Control since July 2005       and previously worked at Para Group as          Cynthia Rikasari
                 and previously worked at KAP Prasetio,          Corporate Human Resources.                      Treasury & International        Banking
                 Sarwoko & Sandjaja, Member of E&Y as                                                            Business Support Head
                 Manager Auditor.                                                                                Indonesian citizen, born in 1976.
                                                                                                                 Bachelor’s degree in Engineering from
                 Agustina Lubis                                                                                  Bandung Institute of Technology and
                 Treasury Operations Head                                                                        Master’s degree in Engineering from

                                                                          B
                 Indonesian citizen, born in 1972. Holds                                                         Bandung     Institute of   Technology.
                 a Bachelor’s degree in Economics from                                                           Appointed as Treasury & International
                 Gadjah Mada University. Appointed                                                               Banking Business Support Head since
                 as Head of Treasury Operations since                                                            February 2015 and previously worked at
                 December 2020, and previously worked                                                            Bank Danamon as CM, FI & TB Business
                 at the Bank as Regional Operations                                                              Management Head.
                 Manager since July 2018.
                                                                 Bachren Ipon
                 Aldirahman Pramadhana                           CCPL Product, Portfolio & Acquisition
                 National Credit Appraisal Head                  Marketing Head
                 Indonesian citizen, born in 1984. Holds         Indonesian citizen, born in 1981.
                 a Bachelor of Business Administration
                 from the University of Thompson Rivers
                 and a Master of Business Administration
                                                                 Bachelor’s degree in Information
                                                                 Systems from Budi Luhur University.
                                                                 Appointed as CCPL Product, Portfolio
                                                                                                                          D
                 from the Asian Institute Management,            & Acquisition Marketing Head since July
                 Philippines. Appointed as National Credit       2022 and previously worked at the Bank
                 Appraisal Head since June 2022 and              as CCPL Portfolio Head since April 2019.
                 previously worked at the Bank as Head
                 of Credit Policy & Portfolio Management         Bobby Herman Joenan                             Dra Harlina Wati Lahardja
                 since April 2017.                               CCPL Recovery Head                              Internal Audit Head
                                                                 Indonesian citizen, born in 1961. Holds a       Indonesian Citizen, born in 1968. Holds
                 Alfiya Rahmani                                  Bachelor’s Degree in Economics from             a Bachelor’s degree in Accounting from
                 Marketing Communication Head                    Sam Ratulangi University. Appointed as          Universitas Merdeka Jakarta. Appointed
                 Indonesian citizen, born in 1973. Holds         CCPL Recovery Head since February 2015          as Internal Audit Head in December
                 a Bachelor degree in Economics                  and previously worked at the Bank as            2024 and previously served as Regional
                 from Trisakti University. Appointed as          Head of Special Asset Management since          & Branch Audit Head at Bank Mega since
                 Marketing Communication Head since              December 2013.                                  October 2024.
                 June 2020 and previously worked at
                 Leo Burnet Indonesia as Client Service
                 Director.




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                    Dedep Ihsan Fauzi                              Dimas Prasetyo
                    Collection Strategy & Support Head             Property & Facility Services Head
                    Indonesian citizen, born in 1982. Holds a      Indonesian citizen, born in 1984.
                    Bachelor’s degree in Social Affairs from
                    Padjadjaran University. Appointed as
                    Head of Collection Strategy & Support
                                                                   Bachelor’s degree in Engineering from
                                                                   Trisakti University. Appointed as Head
                                                                   of Property & Facility Services since
                                                                                                                               G
                    since April 2019, and previously worked        November 2015 and previously worked at
                    at the Bank as Head of People Strategic        Bank UOB Indonesia as Head of Property.
                    Management since April 2017.
                                                                   Donny Indra Lukito
                    Dedy Curyani                                   Treasury Sales Head                                Gunawan
                    IT Infrastructure Service & Operations         Indonesian born, born in 1975. Bachelor’s          Account Services Head
                    Head                                           degree in Economics from STIE Perbanas.            Indonesian citizen, born in 1978.
                    Indonesian citizen, born in 1965.              Appointed as Head of Treasury Sales                Bachelor’s degree in Economics from
                    Bachelor’s degree in Computer Science          since March 2018, previously worked                Tanjungpura University. Appointed as
                    from Borobudur University. Appointed           at Bank HCBC Indonesia as Head of FX               Head of Account Services since March
                    as Head of IT Infrastructure Service           Sales.                                             2019 and previously worked at the Bank
                    & Operations since June 2015 and                                                                  as Head of CCPL Credit Initiation &
                    previously worked at Maybank as Head of                                                           Maintenance since January 2016.
                    IT Infrastructure.

                    Dedy Solihin
                    Special Asset Management Head
                    Indonesian citizen, born in 1965.                        E
                    Bachelor’s degree in Computer Science
                    from Borobudur University. Appointed
                    as Head of Special Asset Management
                                                                                                                               H
                    since March 2024 and previously worked
                    at Mega as Head of Credit Collection
                    Remedial & Recovery since August 2023.         Emmylia Soesanti
                                                                   Centralized Transactional Operations
                    Denny Kurniawan                                Head                                               Hanusa Prahara
                    Retail, Funding &          Wealth     sales    Indonesian citizen, born in 1970.                  Chief of Staff
                    Academy Head                                   Bachelor’s     degree     in   Agriculture         Indonesian citizen, born in 1971. Holds a
                    Indonesian born, born in 1982. Bachelor’s      from Veterans National Development                 Bachelor’s degree in Economics from
                    degree in Agriculture from Bogor               University, East Java. Appointed as Head           Padjadjaran University and a Master of
                    Agricultural Institute. Appointed as           of Centralized Transactional Operations            Business Administration from the Asian
                    Head of Retail, Funding & Wealth Sales         since April 2016, and previously worked at         Institute of Management - Philippines.
                    Academy since April 2023 and previously        the Bank as Head of Treasury Operations.           Appointed as Chief of Staff since April
                    worked at the Bank as Area Transmart                                                              2021 and previously worked at the Bank
                    Branch Sales Head since April 2019.            Enggah Ramdani                                     as General Management Office since June
                                                                   Anti Money Laundering Head                         2015.
                    Denny Takarada Herlambang                      Indonesian citizen, born in 1966.
                    Customer Experience & Customer                 Bachelor’s degree in Economics from                Haposan Robert P. Manurung
                    Care Head                                      Ibnu Chaldun University. Appointed as              Payroll Sales Head
                    Indonesian citizen, born in 1970.              Anti Money Laundering Head since July              Indonesian citizen, born in 1965. Bachelor’s
                    Bachelor’s degree in Tourism from Yapari       2020 and previously worked at Bank                 degree in Electrical Engineering from
                    College of Tourism Economics. Appointed        Danamonm as Monitoring & Testing Head.             the Indonesian Institute of Technology.
                    as Head of Customer Experience &                                                                  Appointed as Payroll Sales Head in March
                    Customer Care since October 2017, and                                                             2024 and previously worked at Bank
                    previously worked at the Bank as Head of                                                          HSBC Indonesia as National Wealth Sales
                    Customer Experience.                                                                              & Client Acquisition Head.

                    Desy Miranda
                    Corporate Funding Head                                   F                                        Hari Taviantoro
                                                                                                                      Core Banking System Head
                    Indonesian citizen, born in 1966. Holds
                    a Bachelor of Science degree from                                                                 Indonesian citizen, born in 1965.
                    Andalas University. Appointed as Head                                                             Bachelor’s degree in Economics from
                    of Corporate Funding in June 2012 and                                                             Bandung Raya University. Appointed
                    previously joined the Bank as Deputy RM                                                           as Head of Core Banking System since
                                                                   Ferry Oktavianus Mantiri                           September 2019, previously worked at
                    Funding & Fee Based Income Regional            Credit Business Head
                    since July 2008.                                                                                  Bank BJB West Java as Head of Research
                                                                   Indonesian citizen, born in 1963. Bachelor’s       Task Section.
                                                                   degree in Economics from Airlangga
                    Dewitri Prasdiana                              University. Appointed as Credit Business
                    Strategic & Business Development                                                                  Hengky Tanring
                                                                   Head in August 2021 and previously                 Regional Head Makassar
                    Head                                           worked at Bank VictoriaInternational as
                    Indonesian citizen, born in 1972. Bachelor’s                                                      Indonesian citizen, born in 1966.
                                                                   Associate Director Corporate Banking               Bachelor’s degree in Engineering from
                    degree in Planning from Bandung Institute      and Multifinance.
                    of Technology. Appointed as Head of                                                               Hasanuddin University. Appointed as
                    Strategic & Business Development since                                                            Regional Head in February 2021 and
                                                                   Fx Surjobroto                                      previously worked at Bank Danamon as
                    May 2022 and previously worked at the          Funding & Wealth Sales Head
                    Bank as a Portfolio Quality Specialist                                                            Regional Head.
                                                                   Indonesian citizen, born in 1970.
                    since July 2020.                               Holds a Bachelor of Laws degree                    Henry Daniel Bukit
                                                                   from Parahyangan Catholic University.              Corporate Sales Head
                    Dicky Pramayudha                               Appointed as Head of Funding & Wealth
                    Credit Risk Management Head                                                                       Indonesian citizen, born in 1976. Holds a
                                                                   Sales since March 2019, and previously             Bachelor’s Degree in Engineering from
                    Indonesian citizen, born in 1980. He holds     worked at the Bank as Head of Branch
                    a Bachelor’s Degree in Agriculture from                                                           Jenderal Achmad Yani University and a
                                                                   Channel Sales since September 2018.                Master’s Degree in Management from
                    Jenderal Soedirman University, a Master’s
                    Degree in Management from Gadjah                                                                  PPM College of Management. Appointed
                    Mada University and a Master of Business                                                          as Head of Corporate Sales in February
                    Administration from the Asian Institute of                                                        2020 and previously worked at Bank UOB
                    Management - Philippines. Appointed as                                                            Indonesia as Head of Corporate Banking.
                    Head of Credit Risk Management since
                    August 2018, he previously worked at the                                                          Hermawati
                    Bank as Head of Corporate & Commercial                                                            Regional Head Jakarta 1
                    Credit Review since April 2017.                                                                   Indonesian Citizen, born in 1973. Holds
                                                                                                                      a Bachelor’s degree in Economics
                                                                                                                      from Atma Jaya Catholic University of
                                                                                                                      Indonesia. Appointed as Regional Head in
                                                                                                                      July 2021 and previously served at Bank
                                                                                                                      Mega as Funding Deputy Regional Head
                                                                                                                      since January 2019.




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                                                         Company
                                                         Profile




                 Hersen                                            Lina Wu                                        Noordwianto Chandra Kresna
                 Retail Product Management Head                    Regional Head Medan                            Jakarta CCPL Collection & Remedial
                 Indonesian citizen, born in 1976.                 Indonesian citizen, born in 1976. Bachelor     Head
                 Bachelor’s degree in Economics from               of Engineering from Td Pardede Institute       Indonesian Citizen, born in 1967. Holds
                 Tarumanagara    University.   Appointed           of Science and Technology. Appointed           a Bachelor’s degree in Economics from
                 as Head of Retail Product Management              as Regional Head in August 2021 and            STIE IBMI Don Bosco. Appointed as
                 since June 2021, and previously worked            previously worked at the Bank as Deputy        Jakarta CCPL Collection & Remedial Head
                 at the Bank as Head of Retail Funding &           Regional Head for Funding.                     in October 2024 and previously served in
                 Transmart Branch Sales since March 2019.                                                         the bank as CCPL Collection Head since
                                                                   Liviana Dewi Hie                               January 2018.
                                                                   Regional Head Semarang
                                                                   Indonesian citizen, born in 1968.              Nova Afriyanti
                                                                   Bachelor’s degree in Economics from            Operational Risk Management Head
                                                                   Satya Wacana Christian University.             Indonesian citizen, born in 1990. Holds

                             I                                     Appointed as Regional Head since
                                                                   April 2016 and previously worked at
                                                                   Bank Permata as Head, CCPL Network
                                                                                                                  a Bachelor’s Degree in Agriculture from
                                                                                                                  the Bogor Agricultural Institute (IPB).
                                                                                                                  Appointed as Head of Operational Risk
                                                                   Acquisition.                                   Management since October 2022, and
                                                                                                                  previously worked at the Bank as Head
                                                                                                                  of ORM Methodology since August 2018.
                 Ibrahim Alamsyah
                 PLT. Investment &         Bancassurance

                                                                           M
                 Sales Head
                 Indonesian Citizen, born in 1972.

                                                                                                                          O
                 Holds a Bachelor’s degree in Law
                 from Parahyangan Catholic University.
                 Appointed as Acting Investment &
                 Bancassurance Sales Head in November
                 2023 and previously served in the bank
                 as Regional Investment Sales Head since           M. Ade Kurniawan
                 March 2019.                                       Human Capital Reward, Operations &
                                                                   Services Head                                  Omar Soeharto
                                                                   Indonesian citizen, born in 1983.              Compliance & GCG Head
                                                                   Bachelor’s degree in Psychology from           Indonesian citizen, born in 1964. Holds
                                                                   Persada Indonesia University Y.A.I.            a Bachelor’s degree in Economics
                                                                   Appointed as Head of Human Capital             from Parahyangan Catholic University.

                           J
                                                                   Reward, Operations & Services since            Appointed as Head of Compliance & GCG
                                                                   May 2022 and previously worked at Bank         in April 2012 and previously served as
                                                                   Muamalat as Head of Human Capital              Head of Corporate Governance Opinion
                                                                   Strategy & Service.                            since August 2011.

                                                                   Mariana Haryani
                                                                   Procurement Services Head
                 Jacky Gosumolo                                    Indonesian    citizen,  born   in 1972.
                 Business Performance Management &                 Bachelor’s degree in Economics from

                                                                                                                           R
                 Analytics Head                                    Tarumanagara      University. Appointed
                 Indonesian citizen, born in 1981. Bachelor’s      as Head of Procurement Services in
                 degree in Engineering from Trisakti               September 2012 and previously worked
                 University. Appointed as Head of Business         at the Bank as Branch Manager.
                 Performance Management & Analytics
                 since April 2021, and previously worked           Midiani Diah Casitriati
                 at the Bank as Head of Performance                Sales Process & Governance Head
                 Management since September 2015.                  Indonesian citizen, born in 1970. Holds        R. Dewo Triatmoko
                                                                   a Bachelor of Business Degree from             Personal Data Protection Head
                                                                   Victoria University - Australia. Appointed     Indonesian Citizen, born in 1965. Holds
                                                                   as Head of Sales Process & Governance          a Bachelor’s degree in Engineering
                                                                   since October 2018, previously worked          from Institut Teknologi Bandung and a
                                                                   at Bank Ekonomi Raharja as Global              Master of Management from Indonesia

                           L                                       Standard Head.                                 Banking School. Appointed as Personal
                                                                                                                  Data Protection Head in June 2024 and
                                                                   Mutesa Holdin                                  previously worked at PT Bank Jago Tbk
                                                                   Centralized Credit Operations Head             as Head of Sharia Operation.
                                                                   Indonesian   citizen,  born    in   1967.
                                                                   Bachelor’s degree in Economics from            Ralph Birger Poetiray
                                                                   Bandar Lampung University. Appointed           Treasury & Financial Institution Head
                 Leonard Panjaitan                                 as Head of Centralized Credit Operations       Indonesian citizen, born in 1968. Holds a
                 Indirect Channel Head                             since September 2014 and previously            Bachelor of Economics degree from the
                 Indonesian citizen, born in 1969. Bachelor’s      worked at the Bank as Head of Credit           University of Leicester - UK. Appointed as
                 degree in Agricultural Technology from            Monitoring & Reporting since April 2014.       Head of Treasury & Financial Institutions
                 Bogor Agricultural Institute. Appointed                                                          since May 2021, and previously worked
                 as Head of Indirect Channel since January                                                        at the Bank as Head of Treasury & Global
                 2014 and previously worked at the Bank                                                           Market since March 2019.
                 as Indirect Channel Relationship Manager
                 since December 2013.                                                                             Rangga Bayu Pamungkas

                                                                            N
                                                                                                                  Market, Liquidity & Integrated Risk
                 Liana Efendi                                                                                     Management Head
                 Customer Segment Head                                                                            Indonesian citizen, born in 1971. Holds
                 Indonesian citizen, born in 1976. Bachelor                                                       a Bachelor of Science degree from
                 of Arts from the University of Oregon.                                                           Gadjah Mada University and a Master of
                 Appointed as Head of Client Segment in                                                           Management degree from Gadjah Mada
                 January 2021 and previously worked at                                                            University. Appointed as Head of Market,
                 AIA Financial as Head of High Net Worth.          Nelly M H Sidabutar                            Liquidity & Integrated Risk Management
                                                                   Telemarketing Head                             since April 2017 and previously worked
                                                                   Indonesian citizen, born in 1973.              at Bank BNI as Group Head of Market &
                                                                   Bachelor’s degree in Economics from            Liquidity Risk Management.
                                                                   STIE Tri Dharma Widya. Appointed as
                                                                   Head of Telemarketing since January
                                                                   2021 and previously worked at Bank DBS
                                                                   Indonesia as Sales Channel Head.




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                    Rika Rahayu Begawan
                    Regional Head Bandung
                    Indonesian citizen, born in 1969.
                    Bachelor’s degree in agriculture from
                    Bogor Agricultural Institute. Appointed
                    as Regional Manager in June 2015 and
                                                                            T                                               Y
                    Previously worked for the Bank as a
                    Branch Manager since November 2002.

                    Rinaldi Usman
                    Retail Acquisition & Alternate Channel         Theresia Sandhora Alfoncia                      Y. Wahyu Agung Prasetyo
                    Sales Head                                     Regional Head Surabaya                          IT & Cyber Risk Management Head
                    Indonesian citizen, born in 1969. Holds        Indonesian citizen, born in 1970. He            Indonesian citizen, born in 1982. Holds a
                    a Bachelor of Laws degree from                 holds a Bachelor of Economics degree            Bachelor’s Degree in Physics from Gajah
                    Padjadjaran University. Appointed as           from Tridharma University and a Master          Mada University and a Master’s Degree
                    CCPL & Alternate Channel Sales Head            of Business Administration degree from          in Engineering from Swiss-German
                    since March 2018, and previously worked        the Asian Institute of Management -             University. Appointed as Head of IT &
                    at Standard Chartered Bank as National         Philippines. Appointed as Regional Head         Cyber Risk Management since July 2022
                    Client Acquisition Head.                       since February 2021 and previously              and previously worked at Bank Danamon
                                                                   worked for the Bank as Regional Head            as Head of Information Security
                    Riri Er Shinta Wallad                          Banjarmasin since April 2016.                   Management.
                    CCPL Partnership & Acquiring Head
                    Indonesian citizen, born in 1973. Holds        Tri Gangga Wiratma                              Yeremia Ariyanto Imanuel
                    a Bachelor’s Degree in Agriculture             Process Management          &   Internal        Out Region CCPL Collection             &
                    from the Bogor Agricultural Institute          Control Head                                    Remedial Head
                    (IPB). Appointed as CCPL Partnership           Indonesian Citizen, born in 1963. Holds a       Indonesian Citizen, born in 1975. Holds
                    & Acquiring Head since March 2022 and          Bachelor of Social Science degree from          a Bachelor’s degree in Economics from
                    previously worked at the Bank as CCPL          Universitas Diponegoro. Appointed as            Universitas Mataram. Appointed as Out
                    Partnership Head since December 2020           Process Management & Internal Control           Region CCPL Collection & Remedial Head
                                                                   Head in March 2023 and previously served        in October 2024 and previously served at
                    Riza Zenies                                    at Bank Mega as Process Management &            Bank Mega as CCPL Remedial Head since
                    CCPL Marketing & Business Support              Operations Control Head since July 2020.        July 2023.
                    Head
                    Indonesian Citizen, born in 1979. Holds                                                        Yoyo Juhartoyo
                    a Bachelor of Commerce and a Master                                                            Electronic Channel Head
                    of Accounting from Curtin University.                                                          Indonesian citizen, born in 1965.
                    Appointed as CCPL Marketing & Business                                                         Bachelor’s degree in Economics from Bina
                    Support Head in December 2024 and
                    previously worked at Bank DBS Indonesia                 U                                      Nusantara University. Appointed as Head
                                                                                                                   of IT Electronic Channel since February
                                                                                                                   2015 and previously worked at the Bank
                    as Senior Vice President Credit Card
                    Product & Partnership.                                                                         as Head of Information Technology since
                                                                                                                   May 2013.

                                                                   Utomo Budi Rahardjo
                                                                   Process & System Development Head
                                                                   Indonesian citizen, born in 1962. Holds a
                                S                                  Bachelor’s Degree in Computer Science
                                                                   from Gunadarma University and a Master’s
                                                                   Degree in Business Administration from
                                                                   the Asian Institute of Management
                                                                   - Philippines. Appointed as Head of
                                                                   Process and System Development since
                    Sandra Rustandi                                May 2018, and previously worked at the
                    Regional Head Jakarta 2                        Bank as Head of Core Banking Systems.
                    Indonesian citizen, born in 1974. Bachelor’s
                    degree in Economics from Tarumanagara
                    University. Appointed as Regional Head
                    since March 2018, and previously worked
                    at the Bank as Deputy Regional Head for
                    Funding since June 2017.
                                                                          W
                    Santoso Wibowo
                    IT Project Management Head
                    Warga Negara Indonesia, lahir pada tahun
                    1977. Meraih gelar Sarjana Komputer dari
                    Universitas Pelita Harapan. Ditetapkan
                                                                   Windy Sri Ekawati
                    sebagai IT Project Management Head
                                                                   National Credit Review & Restructure
                    sejak Mei 2018 dan sebelumnya berkarier
                                                                   Head
                    di Bank UOB Indonesia sebagai retail
                                                                   Indonesian Citizen, born in 1984. Holds
                    BTOM Head.
                                                                   a Bachelor’s degree in Psychology from
                                                                   Universitas Indonesia. Appointed as
                    Sarmiati                                       National Credit Review & Restructure
                    Capital Market Services Head                   Head in March 2023 and previously
                    Indonesian citizen, born in 1958.
                                                                   served at Bank Mega as National Credit
                    Bachelor’s degree in Economics from Esa
                                                                   Review, Restructure & Control Head since
                    Unggul University. Appointed as Head of
                                                                   August 2022.
                    Capital Market Services in April 2012 and
                    previously worked at the Bank as Head of
                    Capital Markets Division since July 2000.

                    Sri Budiasih Purwandari
                    Custodian Service Head
                    Indonesian citizen, born in 1964.
                    Bachelor’s degree in Agriculture from
                    Bogor Agricultural Institute. Appointed
                    as Head of Custodian Services since
                    September 2023 and previously worked
                    at the Bank as Head of Capital Marketing
                    & Processing.




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                                              Company
                                              Profile




               Composition of
               Shareholders


               The composition of the shareholders of Bank Mega as of December 31, 2024 is as follows:




                                Public < 5%                                                                PT MEGA CORPORA

                         41.98%                                                                            58.02%


                                       Share Ownership at the Beginning of the Year            Share Ownership at the End of the Year
                                                   (January 1, 2024)                                   (December 31, 2024)
                     Shareholders                                        Issued and                                          Issued and
                                       Number of        Percantage                          Number of       Percantage
                                                                      Paid-Up Capital                                     Paid-Up Capital
                                        Shares         of Ownership                          Shares        of Ownership
                                                                        (Rp Million)                                        (Rp Million)
                PT MEGA CORPORA       6,812,223,614       58.02          3,406,112         6,812,223,614      58.02           3,406,112
                Public < 5%           4,928,699,751       41.98          2,464,350         6,812,223,614      41.98           2,464,350
                Total                11,740,923,365      100.00          5,870,462        11,740,923,365     100.00           5,870,462



               Shareholding Composition with Ownership of 5% or More
                                       Share Ownership at the Beginning of the Year            Share Ownership at the End of the Year
                                                   (January 1, 2024)                                   (December 31, 2024)
                     Shareholders                                        Issued and                                          Issued and
                                       Number of        Percantage                          Number of       Percantage
                                                                      Paid-Up Capital                                     Paid-Up Capital
                                        Shares         of Ownership                          Shares        of Ownership
                                                                        (Rp Million)                                        (Rp Million)
                PT MEGA CORPORA       6,812,223,614       58.02          3,406,112         6,812,223,614      58.02           3,406,112


               Shareholding Composition with Ownership of Less than 5%
                                       Share Ownership at the Beginning of the Year            Share Ownership at the End of the Year
                                                   (January 1, 2024)                                   (December 31, 2024)
                     Shareholders                                        Issued and                                          Issued and
                                       Number of        Percantage                          Number of       Percantage
                                                                      Paid-Up Capital                                     Paid-Up Capital
                                        Shares         of Ownership                          Shares        of Ownership
                                                                        (Rp Million)                                        (Rp Million)
                Public < 5%           4,928,699,751       41.98          2,464,350         4,928,699,751      41.98           2,464,350




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                 Share Ownership Composition by Members of the Board of Directors and Board of Commissioners
                                                Share Ownership at the Beginning of the Year                    Share Ownership at the End of the Year
                                                            (January 1, 2024)                                           (December 31, 2024)
                       Shareholders                                                   Issued and                                                  Issued and
                                                Number of        Percantage                                  Number of        Percantage
                                                                                   Paid-Up Capital                                             Paid-Up Capital
                                                 Shares         of Ownership                                  Shares         of Ownership
                                                                                     (Rp Million)                                                (Rp Million)
                   Board of Commissioners           -                  -                    -                     -                -                  -
                   Board of Directors               -                  -                    -                     -                -                  -


                 Shareholders Composition Based on Classification of Investor Type and Nationality
                                                Share Ownership at the Beginning of the Year                    Share Ownership at the End of the Year
                           Shareholder                      (January 1, 2024)                                           (December 31, 2024)
                             Groups                Total          Total Shares         Percentage of           Total          Total Shares      Percentage of
                                               Shareholders         (Shares)           Ownership (%)       Shareholders         (Shares)        Ownership (%)
                   Local Institutions                51          11,186,208,190            95.29                   51         11,188,275,104         95.29
                   Foreign Institutions              19              522,996,980                4.45               16           522,978,880               4.45
                   Local Individuals              2,575               25,541,556                0.20           2,624             23,496,379               0.20
                   Foreign Individuals               10                6,176,639                0.05               11              6,173,002              0.05
                   Total                          2,655          11,740,923,365           100.00               2,702          11,740,923,365        100.00


                 Shareholding Composition Based on the 20 Largest Shareholders
                                                        Share Ownership at the                                                   Share Ownership at the End
                                                         Beginning of the Year                                                          of the Year
                                                           (January 1, 2024)                                                        (December 31, 2024)
                             Shareholders                                                               Shareholders
                                                                      Percentage                                                                  Percentage
                                                   Total Shares      of Ownership                                               Total Shares     of Ownership
                                                                          (%)                                                                         (%)
                   PT Mega Corpora                 6,812,223,614       58.0211914                PT Mega Corpora                6,812,223,614       58.0211914
                   Bank Julius Baer Co Ltd,          557,170,229           4.7455401             Bank Julius Baer Co Ltd,         557,170,229        4.7455401
                   Singapore S/A P                                                               Singapore S/A P
                   PT Indofood Sukses                503,634,795           4.2895672             PT Megah Eraraharja              538,955,447        4.5904009
                   Makmur Tbk
                   PT Megah Eraraharja               500,955,447           4.2667466             PT Indofood Sukses Makmur        503,634,795        4.2895672
                                                                                                 Tbk
                   Bank Julius Baer Co. Ltd.         494,114,753           4.2084829             Bank Julius Baer Co. Ltd.        494,114,753        4.2084829
                   S/A PT Insan A                                                                S/A PT Insan A
                   PT Asuransi Central Asia          470,725,335           4.0092701             PT Asuransi Central Asia         470,725,335        4.0092701
                   Bank Julius Baer Co. Ltd.         439,103,782           3.7399425             Bank Julius Baer Co. Ltd.        462,103,782        3.9358385
                   S/A PT Lintas                                                                 S/A PT Lintas
                   Bank Julius Baer Co. Ltd.         424,606,096           3.6164625             Bank Julius Baer Co. Ltd.        401,606,096        3.4205665
                   S/A PT Prima V                                                                S/A PT Prima V
                   PT Indofood Cbp Sukses            355,598,973           3.0287139             PT Indofood CBP Sukses           355,598,973        3.0287139
                   Makmur Tbk                                                                    Makmur Tbk
                   PT Salim Chemicals Corpora        198,218,057           1.6882663             Cheminvest Limited               212,660,000        1.8112715
                   PT Cheminvest Limited             177,000,000           1.5075475             PT Salim Chemicals Corpora       198,218,057        1.6882663
                   PT Prima Visualindo               135,000,000           1.1498244             PT Cheminvest Limited            177,000,000        1.5075475
                   Cheminvest Limited                121,422,000           1.0341776             PT Prima Visualindo              173,000,000        1.4734787
                   PT Aj Central Asia Raya              82,011,299         0.6985081             PT AJ Central Asia Raya           82,011,299        0.6985081
                   PT Windsor Investment                73,000,000         0.6217569             PT Windsor Investment             73,000,000        0.6217569
                   Fund Limited                                                                  Fund Limited
                   PT Lintas Sejahtera                  66,400,000         0.5655433             PT Lintas Sejahtera               66,400,000        0.5655433
                   Langgeng                                                                      Langgeng
                   Bank Julius Baer S/A                 60,000,000         0.5110331             Bank Julius Baer S/A              60,000,000        0.5110331
                   Windsor Investment                                                            Windsor Investment
                   Windsor Investment Fund              60,000,000         0.5110331             PT Dwi Mitra Nusantara            15,545,762        0.1324066
                   Limited
                   PT Megah Eraraharja                  38,450,000         0.3274870             PT Indolife Pensiontama           11,459,831        0.0976059
                   Bank Julius Baer S/A                 31,238,000         0.2660608             PT Sempurna Catur Guna            10,941,775        0.0931935
                   Windsor Investment



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                                               Company
                                               Profile




               Corporate Group
               Structure


               Mega Corpora is the parent entity of Bank Mega. PT Mega Corpora is owned by PT CT Corpora and PT Para
               Rekan Investama, where Chairul Tanjung and his family are the owners of these two ultimate parent entities of
               the bank.




                                                                                                     PT PARA REKAN
                     PT CT CORPORA
                  Chairul Tanjung & Keluarga                                                           INVESTAMA
                                                                                                   Chairul Tanjung & Family




                                                         PT MEGA CORPORA

                                                   99,99%                     0,01%
                                                 PT CT CORPORA        PT PARA REKAN INVESTAMA




                                                         PT BANK MEGA, Tbk

                                                   58,02%                    41,98%
                                                PT MEGA CORPORA              PUBLIC <5%




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                 Chronology of Other Securities
                 Issuance and/or Listing


                 Bank Mega has issued subordinated bonds, the             •   On May 27, 2020 PT Bank Mega, Tbk together
                 chronology of issuance and/or listing of which is as         with PT Mega Corpora signed an agreement for
                 follows:                                                     the issuance of PT Bank Mega Tbk Subordinated
                 •    On January 15, 2008, the Bank issued Bank Mega          Bond in 2020, called Obligasi Subordinasi I PT
                      Subordinated Bonds 2007 (Bonds) totaling                Bank Mega, Tbk Tahun 2020. The Subordinated
                      IDR1,000,000,000 (in millions). The public              Bond transaction value reaches IDR50.00 billion
                      offering of the Bonds has received an effective         with a maturity of 5 years from issuance date,
                      declaration from the Chairman of BAPEPAM - LK           and the Subordinated Bond interest rate is fixed.
                      in letter No. S-6569/ BL/2007 dated December            More detailed information on this bond structure
                      28, 2007. These Bonds mature in full on January         can be found in the section entitled “Key
                      15, 2018 or on an earlier date, namely January          Highlights and Other Important Information”.
                      16, 2013, if the Bank exercises the call option
                      after the 5th (fifth) anniversary of the date of    •   The issuance of the Subordinated Bonds is in
                      issuance at market prices, taking into account          compliance with the provisions of POJK No. 14/
                      the provisions in the Trustee Agreement and the         POJK.03/2017 dated April 4, 2017, regarding
                      provisions of applicable laws in Indonesia, upon        action plans (recovery plans) for systemic banks.
                      prior approval of Bank Indonesia. All of these          The funds raised from the issuance of these
                      bonds have been listed on the Indonesia Stock           subordinated bonds, after deduction of issuance
                      Exchange on the basis of letter No. S-00240/            costs, will be used for working capital in the
                      BELCAT-S/01-2008 of January 15, 2008. The               context of business development, in particular
                      structure of this subordinated bond can be              for the provision of credit and strengthening
                      found in the section “Key Highlights and Other          of the capital structure by being calculated as
                      Important Information”.                                 supplementary capital (Tier 2), as well as for
                                                                              increasing the composition of the long-term
                 •    On the basis of Bank Indonesia’s letter No.             collection structure.
                      10/23/DPBI/rahasia dated January 31, 2008,
                      Bank Indonesia approved the Bank’s request to
                      include the proceeds of the Bond Issue in the
                      amount of IDR1,000,000,000 (in millions) as a
                      component of the Bank’s Tier 1 capital with a
                      maximum amount of 50% of the Bank’s Tier 1
                      capital as of January 2008.




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                                              Company
                                              Profile




               Business Group
               Structure


               PT CT Corpora merupakan kelompok usaha yang PT CT Corpora is a business group with various business
               lines, namely financial services, media, leisure & hospitality, entertainment and property, and retail & lifestyle
               as shown below.




                                                                                                         Management Data
                                                                                                             Corpora




               PT Mega Corpora’s position is aligned with two other pillar groups, PT Trans Corpora operating in media,
               lifestyle and entertainment and PT Management Data Corpora. The entire group operates in synergy with each
               other within the CT Corp ecosystem.




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                                                                                Digital        CT GLOBAL
                                                                               Payment      FINANCE PTE. LTD
                                                                                System

                                                                                               GLOBAL AIR
                                                                                                PTE. LTD


                                                                                              MINTVILLE
                                                                                             CORPORATION


                                                                                               PACIFIC AIR
                                                                                              HOLDINGS LTD


                                                                                               FINEGOLD
                                                                                             RESOURCES LTD




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                                               Company
                                               Profile




               Subsidiaries and
               Associate Entities

               Bank Mega has no subsidiaries and affiliates at            Daerah Sulawesi Tengah, PT Mega Auto Finance,
               December 31, 2024. However, as part of PT Mega             PT Mega Central Finance, PT Asuransi Umum
               Corpora, which is the holding company that oversees        Mega, PT PFI Mega Life Insurance (dh.PT Asuransi
               all financial companies PT CT Corpora, Bank Mega           Jiwa Mega Indonesia), PT Mega Capital Sekuritas,
               has sister companies, namely, PT Bank Mega Syariah,        PT Mega Asset Management, PT Mega Finance, and
               PT Allo Bank Indonesia Tbk (dh. PT Bank Harda              Digital Payment System.
               Internasional Tbk), PT Bank Pembangunan Daerah
               Sulawesi Utara & Gorontalo, PT Bank Pembangunan




               Chronology of Share Issuance of
               Share and/or Listing
                                                                          •   Based on the Decision of Extraordinary General
               The chronology of issuing and/or listing Bank Mega
                                                                              Meeting of Shareholders held on May 22, 2002,
               sharesfrom its Initial Public Offering in 2000 until the
                                                                              the Bank offered Limited Public Offering I with
               end of 2024 is as follows:
                                                                              Pre-emptive Rights of 181,980,000 shares at
               •   On March 15, 2000, in accordance with the letter
                                                                              par value of IDR500 (full amount) per share at
                   from the chairman of BAPEPAM-LK No. S-493/
                                                                              offering price of IDR1,100 (full amount) per share.
                   PM/2000, the Bank’s Registration Statement for
                                                                              With this Limited Public Offering, the issued and
                   the initial public offering became effective. The
                                                                              fully paid-up share capital of the Bank became
                   Bank conducted an initial public offering of its
                                                                              IDR470,115 representing 940,230,000 shares.
                   112,500,000 shares with par value of IDR500 (full
                   amount) per share at offering price of IDR1,200
                                                                          •   Based on the Decision of Extraordinary General
                   (full amount) per share. On April 17, 2000, the
                                                                              Meeting of Shareholders held on March 10, 2005,
                   shares were listed and traded in the Indonesia
                                                                              the Bank declared bonus shares of IDR141,034 by
                   Stock Exchange.
                                                                              issuing 282,068,998 bonus shares at par value
                                                                              of IDR500 (full amount) per share, which came
               •    Based on the decision of Extraordinary General
                                                                              from additional paid-in capital and declared
                    Meeting of Shareholder held on March 29, 2001,
                                                                              stock dividends of IDR477,260 which came
                    the Bank declared bonus shares of IDR69,526 by
                                                                              from retained earnings using the closing price
                    issuing 139,052,000 bonus shares at par value
                                                                              published by the Indonesian Stock Exchange
                    of IDR500 (full amount) per share which came
                                                                              on March 9, 2005, at IDR2,350 (full amount) per
                    from additional paid-in capital and declared
                                                                              share. Accordingly, the issued and fully paid-
                    stock dividends of IDR63,785 or 56,698,000
                                                                              in share capital increased to IDR712,694 which
                    shares which came from retained earnings using
                                                                              represent 1,425,388,642 shares.
                    the closing price of the Bank’s shares published
                    by the Indonesian Stock Exchange on March
                    28, 2001, at IDR1,125 (full amount) per share.
                    Accordingly, the issued and fully paid-up capital
                    of the Bank increased to IDR379,125 which
                    represent 758,250,000 shares.




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                 •    Based on the Decision of Extraordinary General      •   Based on the Decision of Extraordinary
                      Meeting of Shareholders held on March 24,               General Meeting of Shareholders held on April
                      2006, it is resolved to offer Limited Public            17, 2013, the Bank declared bonus shares at
                      Offering Il with Pre-emptive Rights representing        a maximum of 2,741,758,949 shares which
                      200,054,546 shares at par value of IDR500 (full         came from additional paidin capital maximum
                      amount) per share at offering price of IDR2,500         amounted to Rp1,370,959 which was distributed
                      (full amount) per share. With this Limited Public       proportionally to the shareholders with a ratio
                      Offering II, the issued and fully paid-in share         of 376 bonus shares with par value of IDR500
                      capital of the Bank became IDR812,722 which             (full amount) per share for every 500 shares
                      represent 1,625,443,188 shares.                         owned by each shareholder, and declared stock
                                                                              dividends at a maximum of 408,347,077 stock
                 •    According to the decision of Extraordinary              dividends which came from retained earnings
                      General Meeting of Shareholders held on June            with a ratio for every 500 shares owned by
                      5, 2008, the shareholders approved, among               each shareholder received 56 shares which was
                      others, the increase of the Banks authorized            distributed proportionally at an amount not to
                      share capital from Rp900,000 representing               exceed IDR1,664,849 using the closing price of
                      1,800,000,000     shares   to   IDR3,200,000            the Bank’s shares published by the Indonesia
                      representing 6,400,000,000 shares.                      Stock Exchange on April 16, 2013 at IDR4,050
                                                                              (full amount) per share, provided that any
                 •    The decision of Annual General Meeting of               remaining fractional shares are returned to the
                      Shareholders held on May 20, 2009 declared              Bank. With the declaration of these bonus shares
                      bonus shares at a maximum of 1,555,781,337              and stock dividends, the issued and fully paid-in
                      shares which came from additional paid-in capital       share capital of the Bank becameIDR3,481,888
                      amounted to IDR777,890 which was distributed            which represent 6,963,775,206 shares.
                      proportionaly to the listed shareholders
                      (Recording Date) with a ratio of 67 new shares      •   Based on the Decision of the Annual General
                      with par value of IDR500 (full amount) per share        Meeting of Shareholders held on February
                      for every 70 shares owned by each shareholder,          25, 2022, the Bank declared bonus shares of
                      provided that any remaining fractional shares           IDR2,043,868 by issuing 4,087,736,045 bonus
                      due to the division based on the ratio are              shares at par value of Rp500 (full amount)
                      returned to the Bank. With the declaration of           per share, which came from additional paid-in
                      these bonus shares, the issued and fully paid-in        capital which were distributed to shareholders in
                      share capital of the Bank became IDR1,590,612           proportion to the distribution ratio for each holder
                      which represent 3,181,224,188 shares.                   of 1,000 shares receiving 587 bonus shares and
                                                                              declared stock dividends of 689,413,745 shares
                 •    The decision of Annual General Meeting of               which came from the retained earnings with a
                      Shareholders held on May 12, 2011 declared the          distribution ratio for each holder of 1,000 shares
                      issuance of 464,731,862 stock dividends which           obtaining 99 shares distributed proportionally in
                      came from retained earnings at an amount                the amount of IDR6,687,304 using the closing
                      not to exceed IDR1,603,325 with par value of            price of the Bank’s shares on the Indonesia Stock
                      IDR500 (full amount) per share, provided that           Exchange dated March 11, 2022, at IDR9,700 (full
                      any remaining fractional shares are returned to         amount) per share, provided that any remaining
                      the Bank. With the declaration of these stock           fractional shares are returned to the Bank. With
                      dividends, the issued and fully paid-in share           the declaration of these bonus shares and stock
                      capital of the Bank became IDR1,822,978 which           dividends, the issued and fully paid-in share
                      represent 3,645,956,050 shares.                         capital of the Bank became IDR5,870,462 which
                                                                              represent 11,740,923,365 shares.




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                                                   Company
                                                   Profile




               Association
               Membership


               Bank Mega is engaged in the following organizational activities in addition to its business activities in the
               national banking sector:

                                         Association Type                                           Membership Status
                Perhimpunan Bank Umum Nasional (Perbanas)                                                 Active

                Ikatan Bankir Indonesia (IBI)                                                             Active

                Asosiasi Emiten Indonesia (AEI)                                                           Active

                Forum Komunikasi Direktur Kepatuhan Perbankan (FKDP)                                      Active

                Bankers Association for Risk management (BARa)                                            Active

                Himpunan Pedagang Surat Utang Negara (HIMDASUN)                                           Active

                Association Cambiste Internationale – Financial Markets Association                       Active
                (ACI FMA) Indonesia

                Asosiasi Sistem Pembayaran Indonesia (ASPI)                                               Active

                Lembaga Alternatif Penyelesaian Sengketa Sektor Jasa Keuangan                             Active
                (LAPS - SJK)

                Asosiasi Kartu Kredit Indonesia (AKKI)                                                    Active

                Asosiasi Pasar Uang dan Valuta Asing Indonesia (APUVINDO)                                 Active




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                 Supporting Capital Market
                 Institutions and Professions


                 In conducting business activities related to capital markets throughout 2024, Bank Mega is supported by the
                 following capital markets institutions and professionals:

                    Types of Capital
                   Market Supporting                                                   Type and Form                                Assignment
                                                    Name & Address                                                  Fee (Rp)
                    Institutions and                                                     of Services                                  Period
                     Professionals
                   Public Accounting   KAP Amir Abadi Jusuf, Aryanto,               Audited the Bank’s        Rp1.900.000.000,-        2024
                   Firm                Mawar & Rekan                                FinancialStatements       (not include PPN)
                                       Plaza ASIA, Level 10                         for year ended 31
                                       Jl. Jend. Sudirman Kav.59                    December 2024.
                                       Jakarta 12190 Indonesia
                                       T: +62 21 5140 1340
                                       F: +62 21 5140 1540
                                       E contact@rsm.id

                   Securities          PT Datindo Entrycom                          To manage recording       Rp20.000.000,-           2024
                   Administration      Jl. Hayam Wuruk No. 28                       Bank’s shares which       (not include PPN)
                   Bureau              Tel. 021 350-8077                            is related to monthly
                                       Fax. 021 350-8078                            shareholders data
                                       Jakarta 10120 - Indonesia                    and recording date.

                   Credit Rating       PT Pemeringkat Efek Indonesia (Pefindo)      Assignment of the         Rp157.500.000,-          2024
                   Agency              PT Equity Tower 30 Floor                     company rating            (not include PPN)
                                       Sudirman Central Business District, Lot. 9   of Bank Mega on
                                       Jl. Jend. Sudirman Kav. 52-53                an annual basis
                                       Jakarta Selatan 12190, Indonesia             according to the
                                       Tel. (021) 509 68469                         rating agreement.
                                       Fax. (021) 509 68468

                   Notary              Notaris Dharma Akhyuzi, SH                   The preparation of        Rp.87.000.000,-          2024
                                       Jl.Otto Iskandardinata (Otista) 3 No.117     the Deed of the 2024      (not include PPN)
                                       Jakarta Timur, Indonesia                     General Meeting of
                                       Tel. (021) 8515502                           Shareholders.
                                       Fax. (021) 8515377




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                                                Company
                                                Profile




               Information on the
               Company Website


               Bank Mega creates and manages the main website                     Pursuant to Article 6 of the Financial Services
               of the Bank, namely https://bankmega.com/id/,                      Authority Regulation (POJK) No. 8/POJK.4/2015
               based on the OJK Regulation No. 8/POJK.04/2015                     on the Websites of Issuers or Public Companies,
               concerning the websites of issuers or public                       Bank Mega has provided information on the website
               companies. Bank Mega’s website, which was created                  regarding the following information:
               in Indonesian and English, reflects the Bank’s                     1. General information about issuers or public
               commitment to the implementation of Law No. 8                          companies;
               of 1995 on Capital Markets and the improvement of                  2. Information for Investors or Investors;
               the implementation of good corporate governance,                   3. Corporate governance information; and
               especially towards shareholders, customers, the                    4. Corporate social responsibility information.
               community, the government as well as other
               stakeholders.




               Office
               Network Address

                 No              Office Name                      Address                     Phone Number          Fax          Province
                  1     KC JKT SUDIRMAN          Sudirman Plaza Complex Indofood Tower,        021 57935988    021 57935959     DKI Jakarta
                                                 Lantai Dasar
                                                 Jl. Jend Sudirman Kav 76-78
                                                 Jakarta 12920
                  2     KCP JKT HASYIM ASHARI    Jl. KH. Hasyim Ashari No. 9 E,                021 6329327      021 6326585     DKI Jakarta
                                                 Jakarta 10130
                  3     KCP JKT BENHIL           Jl. Bendungan Hilir Raya No. 88,              021 57951661    021 57951662     DKI Jakarta
                                                 Jakarta 10310
                  4     KCP SBY KERTAJAYA        Jl. Kertajaya No. 65, Surabaya 60286          031 5014655      031 5014653      East Java
                  5     KC DENPASAR              Jl. Teuku Umar No. 263, Denpasar 80113         0361 237137     0361 237136         Bali
                  6     KCP JKT KOTA             Jl. Pintu Besar Utara No. 31-33,              021 6902667      021 6913083     DKI Jakarta
                                                 Jakarta 11110
                  7     KCP SBY KEMBANG JEPUN    Jl. Kembang Jepun No. 180-184,                031 3525343      031 3552206      East Java
                                                 Surabaya 60162
                  8     KC SBY YOS SUDARSO       Jl. Yos Sudarso No. 17, Surabaya 60271         031 5310241     031 5457193      East Java
                  9     KC SBY SUNGKONO          Kompleks Wonokitri Indah Kav. S 3- 5           031 5619731     031 5661183      East Java
                                                 Jl. May. Jend. Sungkono, Surabaya 60225
                 10     KC MALANG                Jl. Jaksa Agung Suprapto No. 27,               0341 361653     0341 361658      East Java
                                                 Malang 65111
                  11    KC JOMBANG               Jl. K.H. Wachid Hasyim No. 181,                0321 861473     0321 861282      East Java
                                                 Jombang 61415
                  12    KCP JKT SENEN            Komp. Pertokoan Segitiga Senen Blok C8         021 3855124     021 3852324     DKI Jakarta
                                                 Jl. Senen Raya No. 135, Jakarta 10140




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                    No           Office Name                           Address                     Phone Number        Fax          Province
                    13    KCP DENPASAR SEMINYAK       Jl. Raya Basangkasa No. 10                    0361 737727    0361 737728         Bali
                                                      Denpasar 80361
                    14    KC JKT EQUITY TOWER         Gedung Perkantoran Equity Tower              021 29035252    021 29035394    DKI Jakarta
                                                      Ground Floor A1
                                                      Jl. Jend. Sudirman Kav. 52-53,
                                                      Lot.9 SCBD, Jakarta 12190
                    15    KCP JKT FATMAWATI           Jl. RS. Fatmawati No. 80 E - F,               021 75915141   021 75914868    DKI Jakarta
                                                      Jakarta 12430
                    16    KCP CIMAHI TRANSMART        Ged. Transmart Cimahi Unit G-4               022 86001144    022 86001145     West Java
                                                      Jl. Raya Cimahi, Cimahi 40526
                    17    KCP JKT KEBON JERUK         Komplek Graha Kencana                        021 53673982    021 53673979    DKI Jakarta
                                                      Jl. Perjuangan No. 88C & 88D,
                                                      Jakarta 11530
                    18    KC BANDUNG                  Menara Bank Mega Bandung,                    022 87341000    022 87340910     West Java
                                                      Jl. Gatot Subroto No. 283
                                                      Bandung 40263
                    19    KCP JKT RASUNA SAID         Menara Mega Syariah, Lt. 1                   021 29852020    021 29852021    DKI Jakarta
                                                      Jl. HR. Rasuna Said, Kav. No. 19A,
                                                      Jakarta 12950
                    20    KC JKT PLUIT                Jl. Pluit Kencana Raya No. 98-100             021 6628873    021 6628874     DKI Jakarta
                                                      Jakarta Utara 14450, Jakarta 14450
                    21    KCP JKT SUNTER              Komp. Rukan Puri Mutiara Blok A No. 83       021 65306423    021 65306426    DKI Jakarta
                                                      Jl. Griya Utama Sunter Agung
                                                      Jakarta 14350
                    22    KCP JKT BINTARO             Bintaro Sektor I Blok E – 20,                 021 7351008     021 7351012    DKI Jakarta
                                                      Jakarta 12330
                    23    KCP SBY GRESIK              Kompleks Pertokoan Multi Sarana Plaza         031 3979936    031 3982015      East Java
                                                      Blok A No. 8
                                                      Jl. Gubernur Suryo, Gresik 61116
                    24    KC JKT ROXY                 Komplek Ruko Roxy Mas Blok B2 No. 01         021 6334956     021 6334957     DKI Jakarta
                                                      Jl. KH.Hasyim Ashari 125 Jakarta Pusat
                                                      10150, DKI Jakarta
                    25    KCP BKS KALIMALANG          Komplek Ruko XML (Kalimalang) No. 43         021 8640525     021 8640779      West Java
                                                      Jl. KH. Noer Ali, Kalimalang, Bekasi 17136
                    26    KCP JKT SAHARJO             Jl. Prof. Dr. Soepomo No. 32                 021 83702359    021 8295198     DKI Jakarta
                                                      Kel. Menteng Dalam, Jakarta 12870
                    27    KCP JKT TANJUNG DUREN       Jl. Tanjung Duren Raya No. 139,              021 5645966     021 5645967     DKI Jakarta
                                                      Jakarta 11470
                    28    KCP JKT RAWAMANGUN          Jl. Paus No. 89 B, RT 01/RW 08, Jati,        021 4753070     021 4756277     DKI Jakarta
                                                      Kecamatan Pulo Gadung,
                                                      Jakarta Timur 13220
                    29    KC KEDIRI                   Jl. Erlangga No. 19, Kediri 64122            0354 694009     0354 694010      East Java
                    30    KC SEMARANG                 MBM Semarang Lt. GF                          024 86460900    024 3549371     Central Java
                                                      Jl. Pandanaran No. 82, Semarang 50134
                    31    KC YOGYAKARTA               Jl. Jenderal Sudirman No. 44,                0274 548622     0274 548623     Yogyakarta
                                                      Yogyakarta 55224
                    32    KCP JKT CIKINI              Jl. Cikini Raya No. 28A, Jakarta 10330        021 3157671     021 3157617    DKI Jakarta
                    33    KC BEKASI A. YANI           Jl. Jend. Ahmad Yani Ruko Bekasi Mas         021 88960133    021 88960134     West Java
                                                      A3-5, Kota Bekasi 17141, Jawa Barat
                    34    KCP SBY KEDUNGDORO          Jl. Kedungdoro 105, Surabaya 60261           031 5354494     031 5354530      East Java
                    35    KCP JKT TANAH ABANG         Jl. Fachrudin Tanah Abang Bukit Blok C        021 3926751    021 31924088    DKI Jakarta
                                                      No. 49, Jakarta 10250
                    36    KCP JKT JEMBATAN LIMA       Komplek Ruko Jembatan Lima Indah              021 6331341    021 6330785     DKI Jakarta
                                                      No. 15 E, Jl. K.H. Mas Mansyur,
                                                      Jakarta 11270
                    37    KCP SBY KAPAS               Jl. Kapas Krampung No. 162,                  031 5026033     031 5025977      East Java
                          KRAMPUNG                    Surabaya 60133
                    38    KC MEDAN                    Jl. Kapt. Maulana Lubis No. 11                061 4511618    061 4565449    North Sumatra
                                                      Medan 20212
                    39    KCP BSD                     Komplek BSD Sektor VII Blok RL No. 27,       021 5388208      021 5388211      Banten
                                                      Tangerang Selatan 15322
                    40    KCP BDG KOPO                Komplek Ruko Kopo Plaza                      022 6002955     022 6002957      West Java
                                                      Jl. Lingkar Selatan Blok B No. 8
                                                      Bandung 40232




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                                                  Company
                                                  Profile




                 No              Office Name                            Address                  Phone Number          Fax           Province
                  41    KCP JKT GEDUNG JAYA        Jl. MH. Thamrin No. 12, Jakarta 10340          021 31927937    021 31928036      DKI Jakarta
                 42     KCP JKT KEMANG             Wisma Bakrie CSU Lt. 1,                         021 7180771     021 7180773      DKI Jakarta
                                                   Jl. Kemang Raya No. 4, Jakarta 12730
                 43     KC SOLO                    Jl. Slamet Riyadi No. 323, Solo 57142          0271 733660      0271 733662     Central Java
                 44     KC LAMPUNG                 Jl. Laksamana Malahayati 8,                    0721 474668      0721 474670       Lampung
                                                   Bandar Lampung 35225
                 45     KC PADANG                  Jl. Jend. Sudirman No. 42 B-C                   0751 20999      0751 23099     West Sumatra
                                                   Padang 25128
                 46     KC PEKANBARU               Jl. Jend. Sudirman No. 351,                    0761 885888      0761 854030         Riau
                                                   Pekanbaru 28115
                 47     KC JAMBI                   Jl. Hayam Wuruk No. 102 Kel. Sungai            0741 7550805     0741 24008         Jambi
                                                   Asam, Kec. Jambi Selatan, Jambi 36134
                 48     KC BATAM                   Jl. Sultan Abdul Rahman Komplek                0778 4884100    0778 4884101    Kepulauan Riau
                                                   Lumbung Rejeki Blok D No. 5-6,
                                                   RT 001 RW 002, Kel. Lubuk Baja Kota,
                                                   Kec. Lubuk Baja, Nagoya, Batam 29444
                 49     KCP MDN HARYONO            Jl. MT. Haryono No. 144 - 146,                  061 4157165     061 4157056    North Sumatra
                                                   Medan 20212
                 50     KC SAMARINDA               Jl. Jenderal Sudirman No. 33B,                 0541 748899      0541 736919    East Kalimantan
                                                   Samarinda 75121
                  51    KC BALIKPAPAN              Jl. Ahmad Yani No. 33 - 34,                    0542 441516      0542 441586    East Kalimantan
                                                   Balikpapan 76114
                 52     KC BANJARMASIN             Jl. S. Parman No. 37,                          0511 6739000    0511 6710022        South
                                                   Banjarmasin 70114                                                                Kalimantan
                 53     KC MAKASSAR                Jl. A. Yani No. 7,                             0411 3623232     0411 3618107   South Sulawesi
                                                   Makassar 90174
                 54     KCP SBY JEMUR ANDAYANI     Jl. Jemur Andayani No. 11C,                    031 8434951      031 8434957       East Java
                                                   Surabaya 60237
                 55     KCP MALANG KYAI TAMIN      Jl. Kyai Tamin No.35 – 41, Kel. Sukoharjo,     0341 343877      0341 343873       East Java
                                                   Kec. Klojen - Kota Malang 65118
                 56     KC CIREBON                 Jl. Yos Sudarso No. 2B - Cirebon 45118          0231 211110     0231 238800      West Java
                 57     KCP UBUD                   Jl. Raya Ubud, Ds. Kutur No. 115,              0361 977635      0361 977636         Bali
                                                   Gianyar 80571
                 58     KC PALEMBANG               Jl. Kapt. A. Rivai No. 31 F,                    0711 373160     0711 354140    South Sumatra
                                                   Palembang 30129
                 59     KCP JKT DUTA MAS           Komp. Pertokoan Duta Mas Fatmawati             021 7233830      021 7233782      DKI Jakarta
                                                   Blok B1 No. 6, Jl. RS. Fatmawati No. 39,
                                                   Jakarta 12150
                 60     KC JKT CEMPAKA MAS         Rukan Graha Cempaka Mas Blok B No. 01,         021 4222929      021 4222980      DKI Jakarta
                                                   Jl. Letjend. Suprapto, Jakarta 10640
                  61    KC JKT MANGGA DUA          Jl. Mangga Dua Raya Harco Mangga Dua           021 6000188      021 6123162      DKI Jakarta
                                                   Blok E 32, Jakarta 10730
                 62     KCP BDG BUAH BATU          Jl. Buah Batu No 141, Bandung 40264            022 7322855      022 7322856      West Java
                 63     KCP BDG SETRASARI          Jl. Prof. Dr. Soeria Soemantri kav. 7          022 2009860     022 2009858       West Java
                                                   Bandung 40163
                 64     KC JKT TENDEAN             Menara Bank Mega Lantai. Dasar,                021 79175888     021 7990868      DKI Jakarta
                                                   Jl. Kapt. Tendean Kav. 12 - 14A,
                                                   Jakarta 12790
                 65     KC MANADO                  Kawasan Mega Mas Blok IB No. 1                 0431 879555      0431 879561    North Sulawesi
                                                   Jl. Piere Tendean (Boulevard),
                                                   Menado 95111
                 66     KCP TANGERANG              Jl. Daan Mogot No. 27 B, Tangerang 15111       021 55772060    021 55772063        Banten
                 67     KCP JKT KELAPA GADING      Jl. Boulevard Barat Blok LA 1 No. 5-6,         021 45854822    021 45854819      DKI Jakarta
                                                   Jakarta 14240
                 68     KCP MDN CIREBON            Jl. Cirebon No. 45, Medan 20212                061 4555525      061 4555508    North Sumatra
                 69     KCP MAKASSAR A.YANI        Jl. A. Yani No. 43,                            0411 3618356     0411 3617447   South Sulawesi
                                                   Makassar 90174
                 70     KC JKT THE PRIME SUNTER    The PRIME – Office Suites Lantai Lobby         021 22657125    021 22657126      DKI Jakarta
                                                   Suites D,
                                                   Jl. Yos Sudarso Kav 30, Jakarta 14350
                  71    KCP LAMPUNG - KARTINI      Jl. Kartini Blok B1 No. 25                      0721242468      0721242471        Lampung
                                                   Bandar Lampung 35116




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                    No           Office Name                           Address                    Phone Number       Fax           Province
                    72    KCP PALEMBANG               Jl. Sayangan No. 72 Kel. Ilir Timur          0711 375838    0711 375607   South Sumatra
                          SAYANGAN                    Palembang 30122
                    73    KCP SOLO URIP               Jl. Urip Sumiharjo No. 47,                  0271 662668    0271 662601     Central Java
                          SUMOHARJO                   Solo 57128
                    74    KCP YOGYAKARTA              Jl. Sriwedani No. 6, Yogyakarta 55122       0274 554949    0274 557420      Yogyakarta
                          SRIWEDANI
                    75    KCP MAKASSAR                Jl. Raya Boulevard Jasper II No. 45 C        0411 425036   0411 425037    South Sulawesi
                          PANAKUKANG                  Panakukang, Makassar 90222
                    76    KCP JKT WARUNG BUNCIT       Wisma Perkasa                               021 7902530    021 7902532      DKI Jakarta
                                                      Jl. Warung Buncit Raya 21 B,
                                                      Jakarta Selatan 12510
                    77    KCP JKT MUARA KARANG        Jl. Muara Karang Raya No. 50 E,              021 6621018    021 6621135     DKI Jakarta
                                                      Jakarta 14450
                    78    KCP TGR CIPUTAT             Kompl. Pertokoan Megamal Blok A/3,           021 7444221    021 7443661       Banten
                                                      Jl. Ciputat Raya, Tangerang Selatan 15412
                    79    KCP JKT LOKASARI            Komplek Pertokoan THR Lokasari              021 6259886     021 6591325     DKI Jakarta
                                                      Blok B 25 - 27
                                                      Jl. Mangga Besar, Jakarta 11170
                    80    KC PONTIANAK                Jl. H. Agus Salim No. 10 – 12,               0561 739822   0561 749078         West
                                                      Pontianak 78117                                                             Kalimantan
                    81    KC BOGOR                    Jl. Ir. Juanda No. 38 - 40, Bogor 16122     0251 8356545   0251 8356546     West Java
                    82    KCP BKS CIKARANG            Ruko Menteng, Blok A No. 6,                 021 89907877   021 89907879     West Java
                                                      Jl. MH. Thamrin Lippo Cikarang
                                                      Cikarang 175450
                    83    KCP CIPADUNG                Transmart Cipadung Unit GF 006              022 87836456   022 87836446     West Java
                          TRANSMART                   Jl. A.H. Nasution No. 73,
                                                      Bandung 40615
                    84    KCP JKT PERMATA HIJAU       Grand ITC Permata Hijau,                    021 53663522   021 53663516     DKI Jakarta
                                                      Ruko Emerald No. 9
                                                      Jl. Arteri Permata Hijau, Jakarta 12210
                    85    KCP BDG JUANDA              Jl. Ir. H. Juanda No. 126B, Bandung 40264    022 2532129   022 2532017      West Java
                    86    KCP BDG SUDIRMAN            Komplek Ruko Sudirman Plaza Blok 91F,        0224260117     0224260116      West Java
                                                      Jl. Jend. Sudirman No. 66-68,
                                                      Bandung 40264
                    87    KCP JKT ITC MANGGA DUA      Mangga Dua Lt.4 Blok AB No. 39-42,          021 62300855   021 62300880     DKI Jakarta
                                                      Jl. Mangga Dua Raya, Jakarta 14430
                    88    KCP BALIKPAPAN              Komp. Balikpapan Permai No. 9,              0542 443448    0542 443449 East Kalimantan
                          SUDIRMAN                    Jl. Jend. Sudirman, Balikpapan 76114
                    89    KCP SAMARINDA S.            Komp. Ruko Simpang Dr. Sutomo Petak 1,       0541 201222   0541 202048    East Kalimantan
                          PARMAN                      Jl. S. Parman No. 1, Samarinda 75117
                    90    KCP MADIUN                  Jl. Jend. Sudirman No. 23 Madiun 63116      0351 483678    0351 483676       East Java
                    91    KCP SBY NGAGEL              Komp. RMI Jl. Ngagel Jaya Selatan            031 5017115   031 5052956       East Java
                                                      Blok D – 12, Surabaya 60284
                    92    KC MATARAM                  Jl. Pejanggik 129, Cakranegara,             0370 648988    0370 648090      West Nusa
                                                      Mataram 83231                                                               Tenggara
                    93    KC PURWOKERTO               Komplek Ruko Kranji Megah                   0281 642758     0281 642741    Central Java
                                                      Jl. Jend. Sudirman No. 393,
                                                      Banyumas 53116
                    94    KCP MALANG KAWI             Jl. Terusan Kawi No. 2 Kav. 7,              0341 576234    0341 576232       East Java
                                                      Malang 65146
                    95    KCP PALEMBANG PTC           Palembang Trade Center Blok 18,              0711 382382    0711 382234   South Sumatra
                                                      Jl. R. Sukanto No. 8A, Palembang 30114
                    96    KC JKT PONDOK INDAH         Pondok Indah Plaza I Blok Ua 14,            021 75911608   021 75911607     DKI Jakarta
                                                      Jl. Taman Duta I Jakarta 12310
                    97    KCP KUDUS                   Jl. Komp. Pertokoan Ahmad Yani No. 15,      0291 446458    0291 446369     Central Java
                                                      Jl. Ahmad Yani, Kudus 59318
                    98    KCP BANJARMASIN             Jl. Jend. A. Yani KM 36,5,                  0511 4787575   0511 4787585       South
                          BANJARBARU                  Banjarmasin 70234                                                           Kalimantan
                    99    KCP JKT KRAMAT RAYA         JL. Kramat Raya No. 178 B,                   021 3144377   021 3144585      DKI Jakarta
                                                      Jakarta 10430
                   100    KCP JKT CINERE              Jl. Cinere Raya Blok A No. 1 B,             021 7535438     021 7536148     West Java
                                                      Depok 16514
                    101   KCP SEMARANG                Ruko Peterongan Plaza Blok A-12             0248 413255    0248 413236     Central Java
                          PETERONGAN                  Jl. MT. Haryono No. 719, Semarang 50242




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                                                 Company
                                                 Profile




                 No              Office Name                        Address                     Phone Number         Fax           Province
                 102    KCP CIBUBUR CITRA         Komp. Ruko Citra Grand Blok R1 No. 16         021 84592345     021 8452345      West Java
                        GRAND                     Jl. Raya Alternatif Cibubur, Bekasi 17435
                 103    KC JEMBER                 Jl. A. Yani No. 19, Jember 68137               0331 481010     0331 481616       East Java
                 104    KCP JKT GREEN GARDEN      Komplek Ruko Green Garden                      021 5800123     021 5811506      DKI Jakarta
                                                  Blok I-9, No. 12A
                                                  Jl. Panjang, Jakarta 11520
                 105    KC KENDARI                Jl. A. Yani No. 30 AB Blok A3 dan A4,         0401 3133232    0401 3128733       Southeast
                                                  Kendari 93117                                                                     Sulawesi
                 106    KCP DEPOK ITC             Jl. Margonda Raya No. 56, Depok 16431         021 77214436    021 77214435      West Java
                 107    KCP SBY SIDOARJO          Jl. A. Yani No. 41-43 Blok C                   031 8959787     031 8959786       East Java
                                                  Sidoarjo 61212
                 108    KCP BLITAR                Jl. Cepaka No. 5 Blitar 66121, Blitar 66121   0342 816398      0342 816397       East Java
                 109    KCP JKT MAYESTIK          Jl. Kyai Maja No. 53 C Jakarta 12130          021 72798545    021 72798556      DKI Jakarta
                 110    KCP PALU MANONDA          Komplek Ruko Patra Moderen Blok J1            0451 460600      0451 460601    Central Sulawesi
                                                  No. 7-8 Jl. Labu, Palu 94223
                 111    KCP JKT TUBAGUS ANGKE     Jl. Tubagus Angke Komp. Duta Mas              021 56944575    021 56944576      DKI Jakarta
                                                  Blok D9/A kav.7 Jakarta 11460
                 112    KCP CILEGON               Jl. Raya SA Tirtayasa No. 17 G                0254 388882     0254 388622         Banten
                                                  Cilegon 42411
                 113    KCP BEKASI JUANDA         Jl. Ir. H. Juanda 137 Blok A No. 5,           021 8806229      021 8807215      West Java
                                                  Bekasi 17112
                 114    KC TEGAL                  Jl. Gajah Mada No. 103 Pekauman,              0283 324545     0283 324600      Central Java
                                                  Tegal 52113
                 115    KCP TANJUNG PINANG        Jl. Merdeka No. 1, Tanjung Pinang 29111        0771 313911     0771 314419    Kepulauan Riau
                                                  Riau
                 116    KCP JKT CEMPAKA PUTIH     Gedung Tindra unit J                           021 4225877     021 4225887      DKI Jakarta
                                                  Jl. Letjend Suprapto No. 60
                                                  Cempaka Putih, Jakarta 10520
                 117    KCP JKT KEBON JERUK       Komplek Ruko Intercon Plaza Blok F no.9       021 58903686    021 58933789      DKI Jakarta
                        INTERCON                  Jl. Taman Kebon Jeruk Jakarta 11630
                 118    KCP TULUNGAGUNG           Jl. Diponegoro No. 130                        0355 337069     0355 337066        East Java
                                                  Tamanan, Tulugagung,
                                                  Tulungagung 66217
                 119    KCP SBY MULYOSARI         Jl. Mulyosari No. 360 E, Surabaya 60112        031 5910343     031 5912894       East Java
                 120    KCP BANJARMASIN A.YANI    Jl. A. Yani KM 3,5 No. 66 A                   0511 3263399     0511 3266681       South
                                                  Karang mekar, Banjarmasin Timur,                                                Kalimantan
                                                  Banjarmasin 70248
                 121    KC PALU                   Jl. Jend Sudirman No.15 Besusu Tengah         0451 456401     0451 456407 Central Sulawesi
                                                  Palu 94111
                 122    KCP MANADO SAM            Komplek Perkantoran Wanea Plaza Blok          0431 854842     0431 854809     North Sulawesi
                        RATULANGI                 A1 No. 1, Jl. Sam Ratulangi, Manado 95115
                 123    KCP SEMARANG SUARI        Ruko Suari blok D                              0243522992      0243522991      Central Java
                                                  Jl. Suari No. 7 Semarang 50137
                 124    KCP PEKALONGAN            Jl. KH.Mansyur No.30 Blok 5 & 6                0285431238      0285431239      Central Java
                                                  Pekalongan 51119
                 125    KCP PEKANBARU RIAU        Jl. Riau No. 56 B Kampung baru                 076133299       076138600           Riau
                                                  kec Senapelan, Pekanbaru 28154
                 126    KCP JAMBI WILTOP          Komplek pertokoan wiltop                       07417837169     07417837168         Jambi
                                                  Jl.Sultan Thaha No. 29-30 Jambi 36132
                 127    KC TASIKMALAYA            Jl.Gunung Sabeulah No. 2 D Kelurahan          0265 338509      0265 337735      West Java
                                                  Yudanagara Tasikmalaya 46121
                 128    KCP SBY HR.MUHAMMAD       Komplek ruko HR.Muhammad                       031 7382861     031 7382859       East Java
                                                  Square kav. A1
                                                  Jl. HR. Muhammad 140B-1
                                                  Surabaya 60225
                 129    KCP JKT PURI INDAH        Rukan Sentra Niaga Puri Indah Blok T-6        021 58356388    021 58356387      DKI Jakarta
                                                  No. 22 Kembangan Jakarta 11610
                 130    KC SBY DARMO              Jl. Raya Darmo No. 95                         031 5688566      031 5688575       East Java
                                                  Surabaya 60265
                 131    KCP DENPASAR GATOT        Jl. Gatot Subroto Tengah 296 C                0361 424600      0361 430588          Bali
                        SUBROTO                   Denpasar 80113
                 132    KCP BOGOR PADJAJARAN      Ruko Sentra V Point                           0251 8387030    0251 8364018      West Java
                                                  Jl. Padjadjaran No. 1 Blok ZC Sukasari
                                                  Bogor 16143




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                    No           Office Name                           Address                   Phone Number       Fax          Province
                   133    KCP CILACAP                 Jl. A Yani Square No. 2-3 Cilacap 53213    0282 520366    0282 520122     Central Java
                   134    KCP JKT CITRA GARDEN        Komplek ruko Citraniaga No. A2             021 54370788   021 54370790    DKI Jakarta
                                                      Jl. Kebahagiaan, Jakarta 11830
                   135    KCP MAKASSAR METRO          Jl. Veteran Utara Kompleks Ruko            0411 3626565   0411 3625212   South Sulawesi
                          SQUARE                      Makkasar Square Blok B No. 7,
                                                      Makassar 90141
                   136    KCP JKT KELAPA GADING       Jl. Boulevard Raya Blok CN 3 No. 3         021 45840533   021 45854819    DKI Jakarta
                          BOULEVARD RAYA              Kelapa Gading, Jakarta 41240
                   137    KCP JAMBI TRANSMART         Transmart Jambi Unit GF 19,                0741 3611084   0741 3611085       Jambi
                                                      Jl. Jend. Sudirman, Kel. Tambaksari,
                                                      Kec. Jambi Selatan, Jambi 36122
                   138    KCP BEKASI JABABEKA         Ruko Jababeka 1 Shop House Blok            021 8934646    021 8934346      West Java
                                                      B 14-15, Cikarang 17550
                   139    KCP PATI                    Jl. Panglima Sudirman No. 87, Pati 59111   0295 385663    0295 386223     Central Java
                   140    KCP PURWAKARTA              Jl. RE Martadinata No. 12 Nagri Tengah,    0264 200018    0264 200019      West Java
                                                      Purwakarta 41114
                    141   KCP GARUT                   Jl. Ciledug No. 146 Kota Kulon              0262 242191   0262 242190      West Java
                                                      Garut 44112
                   142    KCP BOJONEGORO              Jl. Untung Surapati No. 18,                0353 893500    0353 893505      East Java
                                                      Bojonegoro 62215
                   143    KCP JKT PANTAI INDAH        Rukan Cordoba Blok G No. 17 Bukit Golf     021 55966039   021 55966040    DKI Jakarta
                          KAPUK                       Mediterania Pantai Indah Kapuk,
                                                      Jakarta 14440
                   144    KCP MDN PULO BRAYAN         Jl. Yos Sudarso Komodor Laut No. 16/EF      0616 636110   0616 636106    North Sumatra
                                                      Medan 20116
                   145    KCP PALOPO                  Jl. Kelapa No. 60, Palopo 91921             0471 24800     0471 21002    South Sulawesi
                   146    KCP MAMUJU                  Jl. Andi Pangerang Pettarani No. 45         0426 22433     0426 22290    West Sulawesi
                                                      Mamuju 91511
                   147    KCP TIMIKA                  Jl. Cendrawasih No. 99                      0901 323918   0901 323939        Papua
                                                      Distrik Mimika Baru, Mimika 99910
                   148    KCP GORONTALO               Jl. Ahmad Yani No. 139, Gorontalo 96114    0435 824999    0435 829977      Gorontalo
                   149    KCP MERAUKE                 Jl. Raya Mandala No. 330, Merauke 99611    0971 324500    0971 324700        Papua
                   150    KCP SORONG                  Jl. Sudirman No. 60, Sorong 98415           0951 331731    0951 331922    Papua Barat
                    151   KCP KLATEN                  Jl. Pemuda Selatan No. 119, Klaten 57412   0272 329242    0272 329241     Central Java
                   152    KCP PROBOLINGGO             Jl. Soekarno Hatta No. 35                  0335 437929    0335 437922      East Java
                                                      Probolinggo 67211
                   153    KC BENGKULU                 Jl. Sudirman No. 237, Bengkulu 38115       0736 347088     0736 25543      Bengkulu
                   154    KCP SERANG                  Jl. A. Yani No. 15, Serang 42151           0254 216070    0254 216027       Banten
                   155    KCP SUMBAWA                 Jl. Diponegoro No. 55, Sumbawa 84313       0371 626669    0371 626660      West Nusa
                                                                                                                                 Tenggara
                   156    KCP BANYUWANGI              Jl. A Yani No. 46 Lingkungan Mulyosari     0333 419288    0333 419282      East Java
                                                      Banyuwangi 68414
                   157    KCP SUKABUMI                Jl. Sudirman No. 49, Sukabumi 43121        0266 215500    0266 217600      West Java
                   158    KCP SAMPIT                  Jl. Ahmad Yani No. 51, Sampit 74322         053130902      053132051       Central
                                                                                                                                Kalimantan
                   159    KCP MAGELANG                Jl. Jend Sudirman No. 139,                 0293 313226     0293 313125    Central Java
                                                      Magelang 56125
                   160    KCP TARAKAN                 Jl. Jend Sudirman No. 2 Tarakan 77111       0551 21108     0551 22558     Kalimantan
                                                                                                                                   Utara
                    161   KC TERNATE                  Jl. Babula No. 2 Ternate 97723             0921 3128550   0921 3128577   Maluku Utara
                   162    KCP KETAPANG                Jl. Let. Jend. R. Suprapto No. 159         0534 3037099   0534 3037098       West
                                                      Ketapang 78851                                                            Kalimantan
                   163    KCP MDN ISKANDAR MUDA       Jl. Sultan Iskandar Muda No. 137           0614. 564676    0614 564611   North Sumatra
                                                      Medan 20119
                   164    KCP SINTANG                 Jl. M. T. Haryono No. 15 Sintang 68614      0565 22255     0565 22252        West
                                                                                                                                Kalimantan
                   165    KC PARE- PARE               Jl. Bau Maseppe No. 451, Pare-Pare 78851    0421 24588     0421 24800    South Sulawesi
                                                      Sulawesi Selatan
                   166    KC PALANGKARAYA             Jl. A. Yani No.66 - Palangkaraya 73111     0536 3241444   0536 3241441     Central
                                                                                                                                Kalimantan
                   167    KCP BITUNG                  Jl. Yos Sudarso No. 01, Lingkungan V        0438 34454    0438 34820     North Sulawesi
                                                      Bitung 95521




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                                                Company
                                                Profile




                 No              Office Name                      Address                      Phone Number          Fax          Province
                 168    KCP JKT GADING           Komp. OrchardSq                                021 29077300    021 29077340     DKI Jakarta
                        ORCHARD                  Jl. Raya Klp. Hybrida Blk GOS No. B19,
                                                 Jakarta 14140
                 169    KCP JKT TB SIMATUPANG    Gd. GKM Green Tower ,                          021 50812101    021 50812102     DKI Jakarta
                                                 Jl. TB Simatupang Kav. 89G, Pasar
                                                 Minggu, Jakarta 12520
                 170    KCP BKS PONDOK GEDE      Pondok Gede Plaza                              021 84938487    021 84938488      West Java
                                                 Jl. Raya Pondok Gede Blok C No. 21&22,
                                                 Bekasi 17411
                 171    KCP JKT TAMAN PALEM      Komp Perumahan Taman Palem Lestari             021 55951983    021 55951986     DKI Jakarta
                                                 Blok B-17 No.65-66, Cengkareng
                                                 Jakarta 11730
                 172    KCP SUMEDANG             Jl. Prabu Geusan Ulu No. 53,                    0261 201799     0261 201649      West Java
                                                 Kec. Sumedang Selatan - Sumedang
                                                 45312
                 173    KCP MAJALAYA             Blok Pasar Tengah                              0228 5963789    0228 5963790      West Java
                                                 Jl. Pasar Tengah No. 28 Kec. Majalaya
                                                 bandung 40291
                 174    KCP JEPARA               Jl. Pemuda No. 3A, Potroyudan - Jepara         0291 597825      0291 597832     Central Java
                                                 59411
                 175    KCP SITUBONDO            Jl. Argopuro No.102, Kec. Panji -              0338 672800     0338 674300       East Java
                                                 Situbondo 68355
                 176    KCP LEMBANG              Jl. Raya Lembang No. 360, Kec. Lembang         0222 787002      0222 784755      West Java
                                                 Bandung 40391
                 177    KCP SBY WIYUNG           Jl. Raya Menganti Wiyung No. 18,               031 7524378      031 7524726      East Java
                                                 Kec. Wiyung - Surabaya 60228
                 178    KCP CIANJUR              Jl. Dr. Muwardi No. 110, Kec. Cianjur          0263 262856     0263 262866       West Java
                                                 Cianjur 43216
                 179    KCP KEDIRI PARE          Jl. Pahlawan Kusuma Bangsa No. 39,             0354 392900     0354 395700       East Java
                                                 Kec. Pare - Kediri 64212
                 180    KCP JATIBARANG           Jl. Mayor Dasuki No. 176, Kec. Jatibarang      0234 5357268    0234 5357262      West Java
                                                 - Indramayu 45273
                 181    KCP NGANJUK              Jl. A Yani No. 77, Nganjuk 64411               0358 331777      0358 331771      East Java
                 182    KCP BDG SOEKARNO         Jl. Bypass Soekarno Hatta No. 592              022 7508956     022 7508987       West Java
                        HATTA                    Kec. Buah Batu Desa Sekejati Kota
                                                 Bandung 40286
                 183    KC KUPANG                Jl. Moh. Hatta No. 30A,                        0380 820500     0380 820013       East Nusa
                                                 Kec. Oebobo - Kupang 85112                                                       Tenggara
                 184    KC CIMAHI                Jl. Jenderal Amir Machmud No. 517              022 6635006     022 6635007       West Java
                                                 Kota Cimahi 40532 Jawa Barat
                 185    KCP BATURAJA             Jl. Ahmad Yani No. 55, Baturaja 32111          0735 327201      0735 327202    South Sumatra
                 186    KCP SINGKAWANG           Jl. Yos Sudarso No. 88, Kec. Singkawang        0562 633828     0562 634020         West
                                                 Barat - Singkawang 79122                                                        Kalimantan
                 187    KCP BONTANG              Jl. Jend. Ahmad Yani No. 33,                    0548 22525      0548 25077    East Kalimantan
                                                 Kec. Bontang Utara - Bontang 75311
                 188    KCP SANGATTA             Jl. Yos Sudarso IV No. 40B, Sangatta          05492 027966       05492 1531   East Kalimantan
                                                 Kutai Timur 75611
                 189    KCP JKT TANJUNG PRIOK    Jl. Enggano No. 68, Kec. Tanjung Priok         021 43800746    021 43800745     DKI Jakarta
                                                 Jakarta 14310
                 190    KCP KARAWANG             Jl. Ahmad Yani No. 87 - Karawang 41373        0267 8453029     0267 8453024      West Java
                 191    KCP BOYOLALI             Jl. Raya Pandanaran No. 5, Kec. Boyolali       0276 325100      0276 325355     Central Java
                                                 Boyolali 57311
                 192    KCP BENGKALIS            Jl. Ahmad Yani, Kel. Bengkalis,                 0766 22286      0766 22287          Riau
                                                 Kec. Bengkalis – Bengkalis 28712
                 193    KCP PELAIHARI            Jl. Ahmad Yani, Kel. Pelaihari,                 0512 23234      0512 23100        South
                                                 Kec. Pelaihari – Kab. Tanah Laut 70811                                          Kalimantan
                 194    KCP SUKOHARJO            Jl. Jend Sudirman No.119, Kel. Jomber,          0271 592551     0271 592046     Central Java
                                                 Kec. Bendosari – Sukoharjo 57521
                 195    KCP SAMBAS               Jl. Gusti Hamzah, Kel. Durian,                 0562 393231     0562 393227         West
                                                 Kec. Sambas Sambas 79462                                                        Kalimantan
                 196    KCP SANGGAU              Jl. Ahmad Yani No. 14, Kel. Ilir Kota,          0564 22313      0564 21912         West
                                                 Kec. Sanggau Kapuas – Sanggau 78513                                             Kalimantan
                 197    KCP LUWUK BANGGAI        Jl. Ahmad Yani No. 153                          0461 23901      0461 23903    Central Sulawesi
                                                 Kel. Luwuk, Kec. Luwuk Kab. Banggai
                                                 94711



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                    No           Office Name                            Address                     Phone Number       Fax           Province
                   198    KCP CIBINONG                Jl. Mayor Oking, Kec. Cibinong                021 87914557   021 87914569     West Java
                                                      Bogor 16918
                   199    KCP BONE                    Jl. Ahmad Yani, No. 2 Kel. Macege              0481 23001     0481 26232    South Sulawesi
                                                      kec. palaka, Kab. Bone Sulawesi Selatan,
                                                      Bone 92761
                   200    KCP DEWI SARTIKA            Jl. Dewi Sartika Raya No. 71 Kel. Cawang      021 80877927   021 80877317     DKI Jakarta
                                                      Kec. Kramat Jati jakarta 13630
                   201    KCP SUNGAI LIAT             Jl. Jend Sudirman No. 106, Kel. Sri            0717 95927     0717 92862       Bangka
                                                      Menanti, Kec. Sungai Liat, Kab. Bangka                                         Belitung
                                                      33214
                   202    KCP PEKANBARU NANGKA        Jl. Tuanku Tambusai No. 199, Kel. Labuh        0761 39541     0761 39549         Riau
                                                      Baru Timur , Kec. Tampan, Kodya
                                                      Pekanbaru 28291
                   203    KCP PANGKALAN KERINCI       Jl. Maharaja Indra, Kel. Pangkalan Kerinci,   0761 494478    0761 494447         Riau
                                                      Kec. Pangkalan Kerinci, Kab. Pelalawan,
                                                      Pelalawan 28300
                   204    KCP TANA PASER              Jl. R Suprapto RT 08 / 04 No. 9,               05432 1090     05432 1022    East Kalimantan
                                                      Kel. Tanah Grogot, Kec. Tanah Grogot,
                                                      Kab. Paser, Pasir 76251
                   205    KCP NABIRE                  Jl. Yos Sudarso, Kel. Oyehe, Kec. Nabire,      0984 24220    0984 24244         Papua
                                                      Nabire 98816
                   206    KCP PEKANBARU               Jl. H. Imam Munandar, Kel. Tangkerang          0761 44133     0761 44122         Riau
                          HARAPAN JAYA                Selatan, Kec. Bukit Raya,
                                                      Pekanbaru 28288
                   207    KCP JKT PASAR KRAMAT        Ruko Pasar Induk Kramat Jati Blok D2          021 87788275   021 87788285     DKI Jakarta
                          JATI                        No. 11,12&12A, Kel. Tengah,
                                                      Kec. Kramat Jati - Jakarta 13540
                   208    KCP SBY TRANSMART           Transmart Rungkut,                            031 87855261   031 87855323      East Java
                          RUNGKUT                     Jl. Raya Kali Rungkut No. 25,
                                                      Surabaya 60293
                   209    KCP BDG KOPO INDAH          Taman Kopo Indah II Blok IV A7, Desa          02254 05399    02254 05099      West Java
                                                      Rahayu, Kec. Margaasih, Kab. Bandung,
                                                      Bandung 40218
                   210    KCP BARABAI                 Jl. Garuda / Pangeran Moh. Noor,               05174 2399     05174 2167        South
                                                      Kel. Barabai Utara, Kec. Barabai,                                             Kalimantan
                                                      Kab. Hulu Sungai Tengah 71313
                    211   KCP BANJAR                  Jl. Letjen Suwarto No.10, Kel. Hegarsari,     0265 745535    0265 745560      West Java
                                                      Kec. Pataruman, Kota Banjar 46322
                   212    KCP RANTAU PRAPAT           Jl. Ahmad Yani No. 128, Kartini, Rantau        0624 351129    0624 351123   North Sumatra
                                                      Utara, Labuhan Batu 21418
                   213    KCP TENGGARONG              Jl. Achmad Muksin No. 56, Kel. Timbau,        0541 6666405   0541 7244724 East Kalimantan
                                                      Tenggarong, Kutai Kartanegara 75511
                   214    KCP TNG KARAWACI            Ruko Perkantoran Pinangsia Blok H              021 5519699    021 5519747       Banten
                                                      No. 062 & 063, Kel. Panunggangan Barat,
                                                      Kec. Cibodas, Tangerang 15139
                   215    KCP BATULICIN               Jl. Raya Batulicin, Desa Kampung Baru,         0518 74345     0518 74346        South
                                                      Kec. Batulicin, Kab. Kota Baru 72171                                          Kalimantan
                   216    KCP TEBING TINGGI           Jl. Jend A. Yani, Kel. Mandailing,             0621 22666     0621 24666    North Sumatra
                                                      Kec. Tebing Tinggi Kota, Kota Tebing
                                                      Tinggi 20626
                   217    KCP SRAGEN                  Jl. Sukowati No. 135, Sragen 57212            0271 8823171   0271 232234     Central Java
                   218    KCP JKT DUTA HARAPAN        Jl. Komp Duta Harapan Indah Blok L11 &        021 66602545   021 66602414     DKI Jakarta
                          INDAH                       L12, Kel. Kapuk Muara, Kec. Penjaringan,
                                                      Jakarta 14460
                   219    KCP JKT BANDENGAN           Jl. Bandengan Utara No. 87,                   021 66605145   021 66605323     DKI Jakarta
                                                      Kel. Penjaringan, Kec. Penjaringan,
                                                      Jakarta 14440
                   220    KCP TANJUNG TABALONG        Jl. Pangeran Antasari, Kel. Tanjung,          0526 2022202   0526 2022780       South
                                                      Kec. Tanjung, Kab. Tabalong 71513                                             Kalimantan
                   221    KCP TROPODO                 Jl. Raya Tropodo B-1 & B-5, Tropodo,          031 8662228    031 8668524       East Java
                                                      Kec. Waru, Kab. Sidoarjo 61256
                   222    KCP MUARA TEWEH             Jl. Yetro Sinseng, Kel. Lanjas,                0519 24858     0519 24859       Central
                                                      Kec. Teweh Tengah,                                                            Kalimantan
                                                      Kab. Barito Utara 73812




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                 No              Office Name                      Address                       Phone Number          Fax           Province
                 223    KCP KUALA KAPUAS        Jl. Jend A. Yani No. 104, Kel. Selat Hilir,       0513 23551      0513 23580        Central
                                                Kec. Selat, Kab. Kapuas 73513                                                      Kalimantan
                 224    KCP KISARAN             Jl. Cokroaminoto No. 41, Kel. Kisaran             0623 42399      0623 42326     North Sumatra
                                                Kota, Kec, Kota Kisaran Barat,
                                                Kab. Asahan 21215
                 225    KCP PANGKAL PINANG      Jl. Jend Sudirman No. 35, Kec. Taman             0717 424709      0717 424539       Bangka
                                                Sari, Kodya Pangkal Pinang 33128                                                    Belitung
                 226    KCP TOMOHON             Jl. Babe Palar Matani III, Kel. Matani,          0431 3157891     0431 3157791   North Sulawesi
                                                Kec. Tomohon Tengah,
                                                Kab. Minahasa 95362
                 227    KCP DUMAI               Jl. Jend Sudirman No. 75 Kel. Teluk Binjai,      07654 38222      07654 38221         Riau
                                                Kec. Dumai Timur Kota Dumai 28813
                 228    KCP TEMBILAHAN          Jl. M Boya No. 18, Kel. Tembilahan Kota,          0768 21601      0768 21602          Riau
                                                Kec. Tembilahan, Kab. Indragiri Hilir 29212
                 229    KCP TUBAN               Jl. Panglima Sudirman No. 185,                   0356 327678     0356 326997        East Java
                                                Sendangharjo, Tuban 62313
                 230    KCP PARIGI              Jl. Trans Sulawesi No. 163, Kec. Parigi,          0450 21555      0450 21035     Central Sulawesi
                                                Kab. Parigi Moutong 94371
                 231    KCP DURI                Jl. Jend. Sudirman, Desa Babussalam,             07655 94633      0765 594631         Riau
                                                Kec. Mandau - Kab. Bengkalis 28784
                 232    KCP UJUNG BATU          Jl. Jend. Sudirman, Desa Ujung Batu              0762 7363303    0762 7363302         Riau
                                                Timur, Kec. Ujung Batu,
                                                Kab. Rokan Hulu 28554
                 233    KCP PRABUMULIH          Jl. Jend Sudirman, Kel. Muara Dua,               07133 23600      07133 22115    South Sumatra
                                                Kec. Prabumulih Timur,
                                                Kota Prabumulih 31114
                 234    KCP SBY KLAMPIS         Jl. Klampis Jaya No. 88-90, Kec. Sukolilo,        031 5963175     031 5963194       East Java
                                                Kota Surabaya 59172
                 235    KC PEMATANG SIANTAR     Jl. Sutomo, Siantar Business Center Blok          062222123        062243111     North Sumatra
                                                E3 & E4, Kel. Pahlawan, Kec. Siantar
                                                Timur, Kota Pematang Siantar 21132
                 236    KCP MEDAN KATAMSO       Komp Grand Katamso                                0617853666      0617876601     North Sumatra
                                                Jl. Brigjend Katamso, Kel. Kampung Baru,
                                                Kec. Medan Maimun, Medan 20158
                 237    KCP KOTABARU            Jl. H Agus Salim No. 11, Kel. Kotabaru            0518 23633       051823662         South
                                                Tengah, Kec. Pulau Laut Utara,                                                     Kalimantan
                                                Kab. Kotabaru 72113
                 238    KC TANGERANG GADING     Jl. Bulevar Raya Gading Serpong Kav             021 29000809     021 29000769        Banten
                        SERPONG                 Blok M5/15 Desa Curug Sangereng,
                                                Kec. Padegangan Kab. Tangerang 15810
                 239    KCP TANJUNG BALAI       Jl. HOS Cokroaminoto                             0623 595655     0623 595889     North Sumatra
                                                (d/h Sisingamangaraja), Kel. Indra Sakti,
                                                Kec. Tanjung Balai Selatan,
                                                Tanjung Balai 21315
                 240    KCP MANADO CALACA       Ruko Pasar Calaca Unit.3, Kel. Calaca,           0431 843320      0431 843512    North Sulawesi
                                                Kec. Wenang - Kota Menado 95121
                 241    KCP MAKASSAR DAYA       Komp Bukit Khatulistiwa                          0411 4772158    0411 4772244    South Sulawesi
                                                Blok A, No.15-16,
                                                Jl. Perintis Kemerdekaan Km14,
                                                Kel. Paccerakang, Kec. Biringkanaya, Kota
                                                Makassar 90241
                 242    KCP TANJUNG REDEB       Jl. SM Aminuddin, Kel. Bugis,                     0554 23077      0554 23079     East Kalimantan
                                                Kec. Tanjung Redeb, Kab. Berau 77312
                 243    KCP BELOPA              Jl. Topoka No. 89 (Poros Palopo),                 0471 3316111   0471 3316090    South Sulawesi
                                                Kel. Tanamanai, Kec. Belopa,
                                                Kab. Luwu 91994
                 244    KCP TANJUNG PERAK       Jl. Perak Timur No. 196,                          031 3283051     031 3284896       East Java
                                                Kec. Pabean Cantikan, Surabaya 60165
                 245    KCP BDG RAJAWALI        Jl. Rajawali Barat No. 63,                       022 6012858      022 6012771      West Java
                                                Kec. Andir, Kota Bandung 40182
                 246    KCP CIKAMPEK            Jl. Ahmad Yani No. 9,                           0264 8387344     0264 8387171      West Java
                                                Kel. Cikampek Selatan, Kec. Cikampek,
                                                Kab. Karawang 41373
                 247    KCP PINRANG             Jl. Jend Sudirman                                0421 922266      0421 923778    South Sulawesi
                                                Kec. Watang Sawito, Kab. Pinrang 91212




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                    No           Office Name                           Address                      Phone Number       Fax           Province
                   248    KC SIBOLGA                  Jl. Brigjend Katamso No. 01,                   0631 26601     0631 26606    North Sumatra
                                                      Kel. Pasar Baru, Kec. Sibolga Kota,
                                                      Kota Sibolga 22522
                   249    KCP FAK-FAK                 Jl. DR Salasa Namudat, Fak-Fak 98611           0956 24430     0956 24515     Papua Barat
                   250    KCP MAKASSAR TANJUNG        Menara Bank Mega Makassar Lt. G & 1,          0411 8118900   0411 8118522   South Sulawesi
                          BUNGA                       Jl. Metro Tanjung Bunga, Kel. Maccini
                                                      Sombala, Kec. Tamalate,
                                                      Kota Makassar 90224
                   251    KCP PANGKALAN BUN           Jl. Sukma Aria Ningrat,                        0532 25103     0532 25105       Central
                                                      Kel. Baru, Kec. Arut Selatan,                                                 Kalimantan
                                                      Kab. Kotawaringin Barat 74113
                   252    KCP AMUNTAI                 Jl. Norman Umar, Kel. Kebun Sari,              0527 63522     0527 61969        South
                                                      Kec. Amuntai Tengah,                                                          Kalimantan
                                                      Kab. Hulu Sungai Utara 71415
                   253    KCP MAKASSAR TRANS          Trans Studio Mall Extention LGM - 16          04113604061         -         South Sulawesi
                          STUDIO                      Jl. Metro Tj. Bunga, Makassar 90224
                   254    KCP CILEGON TRANSMART       Transmart Cilegon Lt. GF.                     0254 7817747   0254 7818035       Banten
                                                      Jl. KH. Yasin Beji Kel. Kebondalem,
                                                      Kec. Purwakarta, Kota Cilegon 42433
                   255    KCP BANDAR JAYA             Jl. Proklamator, Kel. Bandar Jaya Timur,      07255 28288    0725 528252       Lampung
                          LAMPUNG                     Kec. Terbanggi Besar, Kab. Lampung
                                                      Tengah 34163
                   256    KCP JKT SEASONS CITY        Jl. Latumenten No. 33 Komp Ruko               021 29071491   021 29071492     DKI Jakarta
                                                      Seasons City Blok E28 dan E29,
                                                      Kel. Jemb Besi, Kec. Tambora, Kota
                                                      Jakarta 11320
                   257    KCP SENGKANG                Jl. Jend. Sudirman, Kel. Lapongkoda,           0485 21700     0485 22031    South Sulawesi
                                                      Kec. Tempe, Kab. Wajo 90913
                   258    KCP MALANG DINOYO           Jl. MT Haryono No. 140, Kel. Dinoyo,          0341 553845    0341 553841       East Java
                                                      Kota Malang 65144
                   259    KCP BREBES                  Jl. Raya A. Yani No. 71, Kel. Brebes,         0238 6177500   0238 6177600    Central Java
                                                      Kec. Brebes, Kab. Brebes 52212
                   260    KCP MDN THAMRIN             Jl. MH Thamrin Kel. Sei Rengas II,             0617 334130   0617 320430    North Sumatra
                                                      Kec. Medan Area, Kota Medan 20214
                   261    KCP SBY PASAR TURI          Ruko Pasar Turi, Jl. Semarang 94-124/B8,       031 5354817   031 5354807       East Java
                                                      Kel. Bubutan, Kec. Bubutan,
                                                      Surabaya 60174
                   262    KCP MOJOKERTO               Jl. Mojopahit No. 380, Kel. Miji,             0321 383428    0321 383440       East Java
                                                      Kec. Prajurit Kulon, Mojokerto 61322
                   263    KCP CIREBON SURYA           Jl. Surya Negara Blok D. 10-11,               0231 226949    0231 223567      West Java
                          NEGARA                      Cirebon 45118
                   264    KCP TANGERANG CITRA         Jl. Citra Raya Boulevard Blok H-1 No. 15,     021 59401141   021 59400516       Banten
                          RAYA                        Citra Raya, Cikupa, Tangerang 15710
                   265    KCP HAYAM WURUK             Jl. Hayam Wuruk No.97A, Kel. Maphar,           021 6284610   021 6284609      DKI Jakarta
                                                      Kec. Taman Sari, Kota Jakarta 11160
                   266    KCP BALIKPAPAN              Jl. Letjend Soeprapto, Komp Pertokoan         0542 747266    0542 747286    East Kalimantan
                          SOEPRAPTO                   Plaza Kebun Sayur Blok T-20,
                                                      Kel. Baru Ilir, Kec. Balikpapan Barat, Kota
                                                      Balikpapan 76131
                   267    KCP BUKITTINGGI             Jl. Ahmad Yani No. 113, Kel. Benteng           0752 31200     0752 35317    West Sumatra
                                                      Pasar Atas, Kec. Guguk Panjang, Kota
                                                      Bukittinggi - Prop Sumatera Barat,
                                                      Bukittinggi 26113
                   268    KCP SBY DHARMAHUSADA        Jl. Dharmahusada No. 113-113A, Kel. Mojo,      031 5990114   031 5990220       East Java
                                                      Kec. Gubeng, Kota Surabaya 60285
                   269    KCP TOBELO                  Jl. Kemakmuran, Desa Gosoma,                  0924 2621222   09242622218     Maluku Utara
                                                      Kec. Tobelo, Kab. Halmahera Utara 97762
                   270    KCP SALATIGA                Jl. Pemuda No. 1, Kel. Sidorejo,              0298 329333    0298 329415     Central Java
                                                      Kec. Salatiga, Kodya Salatiga 50711
                   271    KCP MDN KRAKATAU            Jl. Gunung Krakatau, Kel. Pulo Brayan          0616 615935   0616 615934    North Sumatra
                                                      Darat 1, Kec. Medan Timur, Medan 20116
                   272    KCP MAKASSAR                Jl. AP Pettarani, Kel. Tamammaung,             0411 435552   0411 435590    South Sulawesi
                          PETTARANI                   Kec. Panakukkang, Kota Makassar 90231
                   273    KCP PONOROGO                Jl. Jend. Sudirman, Kel. Kepatihan,           0352 485881    0352 488185       East Java
                                                      Kec. Ponorogo, Kab. Ponorogo 63416




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                                                Profile




                 No              Office Name                      Address                      Phone Number          Fax          Province
                 274    KCP PEMALANG             Jl. Jend Sudirman , Kel. Kebondalem,           0284 323737     0284 323322      Central Java
                                                 Kec. Pemalang, Kab. Pemalang 52312
                 275    KCP TANGERANG ALAM       Jl. SN-I No. 57, Desa Pakulonan,               021 53122880    021 53122879       Banten
                        SUTERA                   Kec. Serpong,
                                                 Kab. Tangerang Selatan 15325
                 276    KCP JKT RADIO DALAM      Jl. Raya Radio Dalam No. 99 Kav F,              021 7261868     021 7260820     DKI Jakarta
                                                 RT/RW 003/001, Kel. Gandaria Utara,
                                                 Kec. Kebayoran Baru,
                                                 Kota Jakarta 12140
                 277    KCP MAROS                Jl. Jend. Sudirman (Poros Makassar -            0411 374610     0411 374618    South Sulawesi
                                                 Maros) Buttatoa Utara, kel Pettuadae,
                                                 Kec. Turikale, kab Maros 90516
                 278    KCP BDG AHMAD YANI       Jl. Jend A. Yani No. 650, Kel. Cicaheum,        0227 06630      0227 106651      West Java
                                                 Kec. Kiaracondong, Kota Bandung 40282
                 279    KCP MALANG BOROBUDUR     Jl. Borobudur No. 11, Kel. Mojolangu,           0341 487661     0341 487669      East Java
                                                 Kec. Blimbing, Kota Malang 65142
                 280    KCP JKT PASAR KOJA       Pasar Koja                                     021 43920018    021 43920034     DKI Jakarta
                                                 Jl. Kramat Jaya No. 22 Blok B Kav. 1&2,
                                                 Kel. Tugu Utara, Kec. Koja,
                                                 Kota Jakarta 14260
                 281    KC AMBON                 Jl. Sultan Hairun, Sirimau, Uriteu,            0911 349038      0911 349064       Maluku
                                                 Kota Ambon 97124
                 282    KCP MAKASSAR VETERAN     Jl. Veteran Selatan, Kel. Bontolebang,          0411 871886     0411 871893    South Sulawesi
                        SELATAN                  Kec. Makassar, Kota Makassar 90133
                 283    KCP MDN SETIABUDI        Jl. Setiabudi, Kel. Tanjung Sari,              0618 214202      0618 214203    North Sumatra
                                                 Kec. Medan Selayang, Kota Medan 20132
                 284    KCP JKT RAWASARI         Jl. Rawasari Selatan No. 1C & 1D,               021 4241934     021 4241966     DKI Jakarta
                                                 Kel. Rawasari, Kec. Cempaka Putih,
                                                 Kota Jakarta 10570
                 285    KCP JKT PALMERAH         Jl. Palmerah Barat No. 32 D & 32 E, Desa       021 53673340    021 53673339     DKI Jakarta
                                                 Grogol Utara, Kec. Kebayoran Lama,
                                                 Kota Jakarta 12210
                 286    KCP BOGOR PASAR ANYAR    Jl. Dewi Sartika Blok B1-B2 Pabaton,           0251 8328880    0251 8328870      West Java
                                                 Bogor 16121
                 287    KCP BKS TAMAN HARAPAN    Sentra Niaga Bulevar Hijau Blok SN I          021 88866044     021 88866045      West Java
                        INDAH                    No. 27, Kel. Pejuang, Kec. Bekasi Barat,
                                                 Kab. Bekasi 17131
                 288    KCP JKT TELUK GONG       Jl. Kampung Gusti Blok N Kav. 54-55,           021 6602498     021 6602494      DKI Jakarta
                                                 Kel. Pejagalan, Kec. Penjaringan, Kota
                                                 Jakarta 14450
                 289    KCP BKS GRAND MALL       Grand Mall Bekasi Ruko B No .68,              021 88964406     021 88964408      West Java
                                                 Jl. Jend Sudirman, Kel. Harapan Mulya,
                                                 Kec. Medan Satria, Kota Bekasi 17143
                 290    KCP BOGOR WARUNG         Jl. Pajajaran Ruko No. 10 & 11 Warung         0251 8390020     0251 8390520      West Java
                        JAMBU                    Jambu, Kel. Bantarjati, Kec. Bogor Utara,
                                                 Kota Bogor 16153
                 291    KCP PURBALINGGA          Jl. Jend Sudirman No. 88, Desa                 0281 894488      0281 894899     Central Java
                                                 Purbalingga Kidul, Kec. Purbalingga,
                                                 Kab. Purbalingga 53313
                 292    KCP MANOKWARI            Jl. Yos Sudarso, Kel. Manokwari Barat,         0986 214250      0986 214248     Papua Barat
                                                 Kec. Manokwari Barat,
                                                 Kab. Manokwari 98312
                 293    KCP SEMARANG GANG        Jl. gang Tengah No. 102,                       0243 568866     0243 568867      Central Java
                        TENGAH                   Semarang 50137
                 294    KCP PONTIANAK SIANTAN    Jl. Khatulistiwa No. 168 E-F,                   0561 887155     0561 886321        West
                                                 Pontianak 78242                                                                 Kalimantan
                 295    KCP JAKARTA PURI         Jl. Puri Kencana Blok K-7/2 M,                 021 58302669    021 58302695     DKI Jakarta
                        KENCANA                  Jakarta 11610
                 296    KCP LUBUK LINGGAU        Jl.Yos Sudarso Kelurahan Taba Koji             0733 320656     0733 320478     South Sumatra
                                                 Kec.Lubuk Linggau Timur I,
                                                 Lubuklinggau 31626
                 297    KCP BANGKALAN            Jl. KH Lemah Duwur 53 Kel.Pejagan              031 3090558      031 3061588      East Java
                                                 Kec. Bangkalan 69112
                 298    KCP JAKARTA KELAPA       Jl. Bukit Gading Raya Blok A Kav. No. 25,      021 45876711    021 45876712     DKI Jakarta
                        GADING BUKIT INDAH       Jakarta 14240




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                    No           Office Name                             Address                 Phone Number        Fax           Province
                   299    KCP JAKARTA SUNTER          Komp.Perum.Sunter Garden Blok BVII         021 29385070    021 29385071     DKI Jakarta
                          GARDEN                      kav. No. 11A, Jakarta 14350
                   300    KCP YOGYAKARTA              Jl. Gejayan CT.X/22,                        0274 581919    0274 561967      Yogyakarta
                          GEJAYAN                     Sleman 55281
                   301    KCP LAMPUNG                 Jl. Jend A.Yani No. 99,                     0729 24185      0729 24186       Lampung
                          PRINGSEWU                   Pringsewu 35373
                   302    KCP TANGERANG               Jl. Merdeka No.8                           021 55734999    021 55734949       Banten
                          MERDEKA                     Tangerang 15114
                   303    KCP TANGERANG CITY          Jl. Jend. Sudirman Ruko Tangcity           021 29239230    021 29239229       Banten
                                                      Business Park Blok F Kav 25,
                                                      Tangerang 15118
                   304    KCP METRO LAMPUNG           Jl. Jend. Sudirman No. 88, Metro 34111      0725 44202      0725 43154       Lampung
                   305    KCP JAKARTA RUKAN TOP       Jl. Kalimalang E-6/1-2,                     021 29361841   021 29361833     DKI Jakarta
                          KALIMALANG                  Jakarta 13440
                   306    KCP JAKARTA CIPULIR         Jl. Ciledug Raya No.123 D, Jakarta 12230    021 7226221     021 7226231     DKI Jakarta
                   307    KCP SUKABUMI TIPAR          Jl. Tipar Gede No. 19,                     0266 6252400    0266 6252449     West Java
                          GEDE                        Sukabumi 43141
                   308    KCP BANDUNG                 Jl. Cihampelas No. 119B,                   0222 060999     0222 060998      West Java
                          CIHAMPELAS                  Bandung 40131
                   309    KCP PAMANUKAN               Jl. Ion Martasasmita No. 14B,              0260 553900     0260 553922      West Java
                                                      Subang 41254
                   310    KCP PASURUAN                Jl. Soekarno Hatta No. 123,                 0343 415559    0343 417449       East Java
                                                      Pasuruan 67132
                    311   KCP SURABAYA KENJERAN       Jl. Kenjeran 83i, Surabaya 60143            031 3719665     031 3719658      East Java
                   312    KCP DENPASAR THAMRIN        Jl. Thamrin No. 45, Denpasar 80119          0361 426325    0361 423025         Bali
                   313    KCP GOWA                    Jl. Usman Salengke No. 3,                  0411 8220388    0411 8220387   South Sulawesi
                                                      Gowa 92112
                   314    KCP BALIKPAPAN MT.          Jl. MT. Haryono Komp. Balikpapan Baru       0542 877735    0542 876150    East Kalimantan
                          HARYONO                     Blok B1 No. 1, Balikpapan 76114
                   315    KCP JAKARTA BUNGUR          Jl. Bungur Besar No. 32C, Jakarta 10610    021 42878750    021 42878760     DKI Jakarta
                   316    KCP TANGERANG MUTIARA       Ruko Mutiara Karawaci Blok C No. 21,       021 55653342    021 55653343       Banten
                          KARAWACI                    Tangerang 15810
                   317    KCP SAMARINDA AHMAD         Jl. Ahmad Yani No. 23, Samarinda 75117     0541 7776000    0541 7776001 East Kalimantan
                          YANI
                   318    KCP BANDUNG CARINGIN        Pasar Caringin Kav. AII No. 12              0225 413644    0225 413775      West Java
                                                      Jl. Soekarno Hatta, Bandung 40223
                   319    KCP SOLO PALUR              Jl. Raya Palur No. 329, Sukoharjo 57554     0271 821544    0271 821543     Central Java
                   320    KC JAYAPURA                 Jl. Ruko Pasifik Permai Blok B No. 10      0967 522000     09675 22004        Papua
                                                      Dok II Bawah, Jayapura 99112
                   321    KCP BANDUNG UJUNG           Jl. AH. Nasution No. 202,                  0228 8884212    0228 8884211     West Java
                          BERUNG                      Bandung 40614
                   322    KCP JAKARTA PANGLIMA        Ruko Grand Panglima Polim Kav. 36          021 29501062    021 29501051     DKI Jakarta
                          POLIM                       Jl. Panglima Polim Raya, Jakarta 12160
                   323    KCP JAKARTA ASEMKA          Jl. Pintu Kecil No. 58A & 58B,              021 6900922    021 6900923      DKI Jakarta
                                                      Jakarta 11230
                   324    KCP JAKARTA KUNINGAN        Jl. Kompleks Rumah Sakit Mata Aini         021 29410724    021 29410722     DKI Jakarta
                          CARD CENTER                 Kav.No. 5 & 6, Jakarta 12920
                   325    KCP SUBANG                  Jl. Oto Iskandardinata No. 42,              0260 417557    0260 471507      West Java
                                                      Subang 41215
                   326    KCP KUTA KALIANGET          Jl. Kuta Kalianget No. 7, Badung 80361     0361 4727403    0361 4727409        Bali
                   327    KCP BANJARMASIN             Jl. Lambung Mangkurat No. 45, 46 & 48,     0511 3366460    0511 3366462       South
                          LAMBUNG MANGKURAT           Banjarmasin 70111                                                           Kalimantan
                   328    KCP JAKARTA TRANSMART       Transmart Cempaka Putih Unit GF 13A-B      021 42871426    021 42871430     DKI Jakarta
                          CEMPAKA PUTIH               Jl. Jend. Ahmad Yani No. 83,
                                                      Jakarta 10510
                   329    KCP JAKARTA TRANSMART       Transmart Cilandak, Unit G-06              021 78840116    021 78836452     DKI Jakarta
                          CILANDAK                    Jl. Raya Cilandak KKO, Jakarta 12560
                   330    KCP BALIKPAPAN              Transmart Daun Village Unit GF-05          0542 8513177    0542 8512509 East Kalimantan
                          TRANSMART DAUN              Komplek Daun Village
                          VILLAGE                     Jl. MT. Haryono, Balikpapan 76114
                   331    KCP YOGYAKARTA              Transmart Maguwo Yogyakarta                0274 2800006 0274 2800986        Yogyakarta
                          TRANSMART MAGUWO            Jl. Raya Solo KM 8 No. 234,
                                                      Sleman 55282




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                                                Profile




                 No              Office Name                      Address                     Phone Number          Fax          Province
                 332    KCP TEGAL TRANSMART      Transmart Tegal                               0283 4533707    0283 4533708     Central Java
                                                 Jl. Kolonel Soegiono, Tegal 52112
                 333    KCP BANDUNG              Transmart Buah Batu Bandung                   0228 6012942    0228 6012943      West Java
                        TRANSMART BUAH BATU      Jl. Bojongsoang No. 321, Bandung 40287
                 334    KCP PEKANBARU            Transmart Pekanbaru                           0761 8522789    0761 8406330         Riau
                        TRANSMART SOEKARNO       Jl. Soekarno Hatta, Pekanbaru 28292
                        HATTA
                 335    KCP PADANG TRANSMART     Transmart Padang                              0751 8971152     0751 8971162   West Sumatra
                                                 Jl. Khatib Sulaiman No. 72, Padang 25173
                 336    KCP MATARAM              Transmart Mataram                             0370 7561888    0370 7561616      West Nusa
                        TRANSMART                Jl. Selaparang Lingkungan Sweta Timur,                                          Tenggara
                                                 Mataram 83239
                 337    KCP SEMARANG             Transmart Setiabudi Semarang                  0247 6404011    0247 6404012     Central Java
                        TRANSMART SETIABUDI      Jl. Setiabudi No. 117, Semarang 50263
                 338    KCP PALEMBANG            Transmart Palembang                           0711 5734599    0711 5734590    South Sumatra
                        TRANSMART                Jl. Radial, Palembang 30127
                 339    KCP GRAHA BINTARO        Transmart Bintaro Graha Raya                  021 22927801    021 22929405       Banten
                        TRANSMART                Jl. Perumahan Graha Raya Bintaro
                                                 Blok CP 03A, Tangerang Selatan 15220
                 340    KCP MANADO TRANSMART     Transmart Manado Kawanua                      0431 7286566    0431 7286366    North Sulawesi
                        KAWANUA                  Jl. AA. Maramis, Menado 95256
                 341    KCP SOLO TRANSMART       Transmart Solo Pabelan                        0271 7464101    0271 7464060     Central Java
                        PABELAN                  Jl. A. Yani No. 234 Dukuh Banaran,
                                                 Sukoharjo 57162
                 342    KCP CIREBON TRANSMART    Transmart Cirebon                             0231 8805005    0231 8806090      West Java
                                                 Jl. Cipto Mangun Kusumo No. 234,
                                                 Cirebon 45131
                 343    KCP LAMPUNG              Transmart Lampung                             0721 5612500     0721 5611333     Lampung
                        TRANSMART                Jl. Sultan Agung, Bandar Lampung 35132
                 344    KCP KUPANG TRANSMART     Transmart Kupang                             0380 8443800     0380 8443801      East Nusa
                                                 Jl. W.J. Lalamentik, Kupang 85111                                               Tenggara
                 345    KCP SIDOARJO             Transmart Sidoarjo                            031 99709988    031 99709989      East Java
                        TRANSMART                Jl. Mayjen Sungkono, Sidoarjo 61219
                 346    KCP PONTIANAK            Transmart Pontianak                           0561 6712800    0561 6712399        West
                        TRANSMART                Jl. Ahmad Yani, Kubu Raya 78391                                                Kalimantan
                 347    KF COLLECTION &          Jl. Komodor Laut Yos Sudarso                  08119635078                     North Sumatra
                        RECOVERY MEDAN           No. 111 B dan No. 111 C, Medan 20115
                 348    KCP BOGOR TRANSMART      Transmart Bogor Yasmin                        0251 7595125    0251 7595105      West Java
                        YASMIN                   Jl. KH. Abdullah bin Nuh Tanah Sareal,
                                                 Bogor 16166
                 349    KCP JEMBER TRANSMART     Transmart Jember                              0331 5105066    0331 5105070      East Java
                                                 Jl. Hayam Wuruk No. 71, Kel. Sempursari
                                                 Kec. Kaliwates, Kab. Jember 68131
                 350    KCP CIBUBUR TRANS        Trans Studio Mall Cibubur Lt. GF,             021 39715507    021 39715508      West Java
                        STUDIO MALL              Unit No. 05,
                                                 Jl. Alternatif Cibubur, Kel. Harjamukti,
                                                 Kec. Cimanggis, Kota Depok 16454
                 351    KCP MALANG TRANSMART     Transmart MX Mall Malang,                     0341 5026123    0341 5026127      East Java
                        MX MALL                  Jl. Veteran, Kel. Penanggungan,
                                                 Kec. Klojen, Kota Malang 65113
                 352    KCP BEKASI TRANSMART     Transmart Juanda Bekasi,                     021 82696000     021 82699061      West Java
                        JUANDA                   Jl. Ir. H. Juanda No. 180, Kel. Margahayu.
                                                 Kec. Bekasi Timur, Bekasi 17113
                 353    KCP DENPASAR TRANS       Trans Studio Mall Bali Denpasar Lt. GF,       0361 6207072    0361 6207076         Bali
                        STUDIO MALL              Unit No. G 21 A,
                                                 Jl. Imam Bonjol No. 440,
                                                 Kel. Pemecutan Kelod,
                                                 Kec. Denpasar Barat, Denpasar 80119
                 354    KCP PEKALONGAN           Transmart Pekalongan                          0285 433933     0285 433939      Central Java
                        TRANSMART                Jl. Urip Sumoharjo No. 20, Podosugih,
                                                 Pekalongan Barat, Kota Pekalongan 51111
                 355    KCP SEMARANG             Transmart Majapahit Lt. GF                   0248 6005277 0248 60052778        Central Java
                        TRANSMART MAJAPAHIT      Jl. Brigjen. Sudiarto No. 761 (d/h.
                                                 Jl. Majapahit), Kel. Plamongan Sari,
                                                 Kec. Pedurungan, Semarang 50194




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                    No           Office Name                           Address                   Phone Number        Fax         Province
                   356    KCP PANGKAL PINANG          Transmart Pangkal Pinang Lt. GF,            0717 9114411   0717 9113323    Bangka
                          TRANSMART                   Jl. Jendral Sudirman No. 8, Taman Bunga,                                   Belitung
                                                      Kec. Taman Sari,
                                                      Kota Pangkal Pinang 33684
                   357    KCP BINTARO TRANS PARK      Trans Park Bintaro Lantai GF,              021 39700488    021 39700490     Banten
                                                      Jl. Prof. DR. Satrio No. 5, Pondok Jaya,
                                                      Kec. Pondok Aren, Kota Tangerang
                                                      Selatan, 15220
                   358    KCP TANGERANG CIMONE        Plaza Merdeka Mas C1-2, Cimone,            021 55768875                     Banten
                                                      Tangerang 15114
                   359    KCP JKT TANAH ABANG         Pasar Tanah Abang Blok B Lt. 5 Unit        021 23574337                   DKI Jakarta
                          BLOK B                      kantor No. 1, Jakarta 10260
                   360    KCP JAKARTA MOCH.           Jl. Moch. Mansyur No. 120 D, Jembatan       021 6323339                   DKI Jakarta
                          MANSYUR                     Lima, Jakarta 11210
                   361    KCP JAKARTA PLUIT           Jl. Pluit Karang Raya No. 26, Blok CC 5    021 6604108                    DKI Jakarta
                          KARANG                      Selatan Kav. 44, Jakarta 14450
                   362    KC SBY TRANS ICON           Menara Bank Mega Surabaya.                 031 3300958                     East Java
                                                      Lt. Dasar Trans Icon
                                                      Jl. Frontage Ahmad Yani
                                                      No. 260, Gayungan, Surabaya 60235
                   363    KF COLLECTION &             Grand Panglima Polim, Kav. 19,                                            DKI Jakarta
                          RECOVERY JAKARTA            Jl. Panglima Polim, RT02/RW01, Pulo,
                                                      Kec. Kby Baru, Jakarta 12160




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                                                       Analysis and
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                                 04
                                                    Management
                                                    Analysis and
                                                    Discussion




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                                                         Management
                                                         Analysis and
                                                         Discussion




               Economic
               Review




               THE WORLD IN 2024                                         facto leader of the Pheu Thai party. Meanwhile, South
                                                                         Korean President Yoon Suk Yeol was impeached by
               The escalating geopolitical turmoil throughout the        the parliament after he imposed martial law, which
               year has made 2024 rife with uncertainty. The Ukraine-    led to widespread protests across the country. The
               Russia conflict is still ongoing, and at the beginning    leadership changes in several major countries have
               of the year, Israel attacked Lebanon, triggering the      caused uncertainty in economic policies, impacting
               outbreak of war in Gaza, which continues to this          market sentiment and long-term investment
               day. The situation was further exacerbated by Iran        decisions across various sectors.
               launching missile attacks on Israel for the first time
                                                                         The year 2024 recorded a record number of general
               Meanwhile, throughout the year, there were changes        elections held worldwide, with 70 elections taking
               in government in various countries, both due to           place in various countries, covering more than half of
               rebellions, such as the end of Assad’s regime in Syria,   the world’s population. Indonesia was one of them,
               and through elections, such as in the United Kingdom,     where Prabowo Subianto, the former Indonesian
               where the Labor Party won the general election and        Minister of Defense, won the direct presidential
               ended 14 years of Conservative Party rule. In Asia,       election after his third attempt. Mexico elected its
               there was a change in the Prime Minister of Thailand      first female president, while at the end of the year,
               by the Constitutional Court, who was then replaced        as predicted by many, Donald Trump won the U.S.
               by the daughter of Thaksin Shinawatra, the former         presidential election for the second time.
               and influential Thai prime minister, who is also the de



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                 GLOBAL ECONOMIC                                            INDONESIAN ECONOMIC REVIEW

                 With inflation beginning to ease in many countries,        Indonesia successfully recorded strong economic
                 for the first time in recent years, central banks in       growth and demonstrated resilience, as stated by
                 major countries started lowering interest rates. This      the Central Statistics Agency (BPS), where by the
                 began with the European Central Bank, followed by          third quarter of 2024, Indonesia’s economy grew by
                 the Bank of England and the Federal Reserve in the         5%. This growth performance was supported, among
                 United States. By the end of 2024, the Fed had cut         other factors, by strong domestic consumption and
                 interest rates again, closing the year in the range        government spending, particularly related to election
                 of 4.25% to 4.5%. Meanwhile, in March, the Bank of         activities. From the business sector side, mining
                 Japan raised interest rates for the first time in the      and accommodation were the main contributors
                 last 17 years.                                             to Indonesia’s economic growth. The mining sector
                                                                            grew along with increased production and export of
                 Globally, there has been economic and trade                metal ores, especially copper. The accommodation
                 fragmentation, leading to continued divergence             and food service sector also grew with the rise in the
                 in growth patterns between countries. Germany,             number of tourists. Regionally, the national economy
                 which was projected to grow at 0% in 2024, actually        managed to grow well, driven by positive growth
                 experienced a contraction of -0.2% by September            from all provinces.
                 2024. The UK and Japan also grew by only 0.4%
                 and -0.5% respectively by September 2024, below            Consumer Price Index (CPI) inflation in 2024
                 their projections of 1.1% and 0.3%. In Asia, China’s       decreased and remained within the target range of
                 economy declined from 5.2% in 2023 to 4.8% in              2.5% ± 1%. As of December 2024, CPI was recorded
                 2024. Economic growth in India, Indonesia, and             at a low 1.57%, with all of its components showing
                 several Emerging Market Economies (EMEs) remains           similar trends. Core inflation was recorded at a low
                 relatively strong, supported by high domestic              2.26% year-on-year, while volatile food (VF) inflation
                 demand despite export challenges due to economic           continued to decline to 0.12% year-on-year. The
                 slowdown and fragmentation of global trade.                domestic financial sector remained under pressure
                                                                            from global financial market volatility.
                 The capital markets in the United States celebrated a
                 stellar trading year for the equity market, with several   The stock market continued to face pressure due
                 trading price records achieved throughout the year.        to economic uncertainty and the monetary policy
                 The S&P 500 index increased by 23% in 2024, even           direction of advanced countries, as reflected in the
                 breaking its first all-time high in January 2025, the      weakening of the Composite Stock Price Index (IHSG)
                 first time in the past two years. The Nikkei 225 index     through the second quarter of 2024. To maintain the
                 in Japan rose by 17%.                                      stability of the weakening Rupiah exchange rate, the
                                                                            government also raised interest rates.
                 However, the highly dynamic and fast-evolving
                 global geopolitical situation negatively impacted the      Indonesia’s Manufacturing PMI managed to maintain
                 development of the economy and global financial            its performance by staying in the expansionary level
                 markets throughout 2024. Overall, global economic          for 34 consecutive months until June 2024. This
                 growth in 2024 slowed from 3.3% in 2023 to 3.2% in         indicates strong investor confidence in Indonesia’s
                 2024.                                                      manufacturing sector, one of the main contributors
                                                                            to the national economy.

                                                                            Investor confidence in the business and investment
                                                                            climate in Indonesia remains high, as reflected in the
                                                                            positive growth of investment activities in the first
                                                                            and second quarters of 2024, both from domestic
                                                                            and foreign sources. Increasing downstream
                                                                            activities and maintained stability have become key
                                                                            attractions for investors to invest in Indonesia.




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                                                        Analysis and
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               The trade balance showed strong performance,             By sector, credit growth was mainly dominated by the
               recording a surplus. By December 2024, this surplus      Manufacturing, Mining, Transportation, and Business
               trend had persisted for 56 consecutive months since      Services sectors. Based on its characteristics, credit
               May 2020.                                                to capital-intensive sectors grew at a higher rate of
                                                                        14.13% (yoy), compared to credit to labor-intensive
               Indonesia’s external economic stability remains          sectors, which grew at 7.90% (yoy).
               maintained, with the country’s Balance of Payments
               (BOP) staying healthy. Overall, the BOP is expected to   The Capital Adequacy Ratio (CAR) of the national
               show a surplus in 2024, due to a low current account     banking sector in November 2024 was recorded at
               deficit and an increase in the surplus of the capital    26.87%, indicating strong capacity to absorb risk
               and financial account. Indonesia’s foreign exchange      and support credit growth. Meanwhile, the Non-
               reserves at the end of December 2024 were high,          Performing Loan (NPL) ratio for the national banking
               amounting to 155.7 billion US dollars, equivalent to     sector in November 2024 remained low at 2.19%
               6.7 months of import financing or 6.5 months of          (gross) and 0.75% (net). The maintained credit risk is
               imports and government foreign debt payments.            also reflected in the continued decline of the Loan at
               This reserve position is well above the international    Risk (LAR) ratio. The capital and liquidity resilience
               adequacy standard of around 3 months of imports.         of the banking sector is also supported by the ability
                                                                        to pay (Interest Coverage Ratio, ICR) and maintained
                                                                        corporate profitability.
               NATIONAL BANKING INDUSTRY REVIEW
                                                                        The performance of banking and digital financial
               National banking liquidity in 2024 remained loose in     transactions remained strong, supported by a
               line with Bank Indonesia’s policies. As of December      secure, smooth, and reliable payment system. BI-
               2024, the Liquid Assets/Third Party Funds (LA/TPF)       RTGS transactions in December 2024 grew by 19.5%
               ratio for the banking sector was recorded at 25.59%      (yoy), reaching IDR 12,316.3 trillion. On the retail
               and 88.57%, respectively, indicating overall loose       side, the volume of BI-FAST transactions grew by
               banking liquidity.                                       50.3% (yoy), reaching 364.5 million transactions.
                                                                        Meanwhile, transactions using mobile applications
               Bank lending/financing continued to grow strongly        reached 2.228.2 million transactions, growing by
               in supporting economic financing and maintaining         29.6% (yoy), and Electronic Money (EM) transactions
               financial system stability. In December 2024, credit     grew by 19.2% (yoy) to 1,378.2 million transactions.
               growth reached 10.39% (yoy). Based on the type           Transactions using ATM/Debit cards decreased by
               of use, working capital loans, consumer loans, and       16.4% (yoy) to 574.4 million transactions. Credit
               investment loans grew by 8.35% (yoy), 10.61% (yoy),      card transactions grew by 2.5% (yoy), reaching 38.9
               and 13.62% (yoy) as of December 2024.                    million transactions. QRIS transactions continued to
                                                                        grow rapidly by 159.4% (yoy), with 55.4 million users
               On the supply side, the strong growth in credit          and 35.9 million merchants.
               was supported, among other factors, by liquidity
               incentives through the Macroprudential Liquidity
               Incentive Policy (KLM) provided by Bank Indonesia.       THE BANK’S               POSITION           IN      THE
               By December 2024, Bank Indonesia had distributed         INDUSTRY
               KLM incentives totaling IDR 251.32 trillion, with IDR
               117.5 trillion allocated to state-owned banks, IDR       Based on POJK Number 12/POJK.03/2021 dated
               106.9 trillion to private national banks, IDR 24.0       July 30, 2021, concerning Commercial Banks, it
               trillion to Regional Development Banks (BPD),            establishes the classification of banks according to
               and IDR 2.9 trillion to foreign bank branch offices      Core Capital Group (KBMI). Bank Mega, with a core
               (KCBA). These KLM incentives were channeled to           capital reaching IDR trillion, falls into the KBMI 3
               priority sectors, including downstream mining and        category as it meets the requirement of having core
               non-mining, automotive, trade, electricity, gas, and     capital between IDR 14.00 trillion and IDR 70.00
               water (LGA), social services, housing, tourism and       trillion.
               creative economy, ultra-micro enterprises, as well as
               inclusive and green finance.




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                 The position of the Bank in the national banking industry regarding credit distribution, total assets, and third-
                 party funds (DPK) is as follows:

                                                              Uraian                                                      2024                            2023                               2022

                   Aset                               Industri                                                                 12,334.71                       11,427.96                        11,113.32

                                                      MEGA                                                                           134.92                         132.05                           141.75

                                                      Pangsa pasar MEGA                                                              1.09%                           1.15%                            1.28%

                   Kredit                             Industri                                                                   7,717.26                          6,965.90                         6,423.56

                                                      MEGA                                                                            64.65                          66.29                            70.29

                                                      Pangsa pasar MEGA                                                              0.84%                           0.95%                            1.09%

                   DPK                                Industri                                                                   8,835.90                          8,216.21                         8,153.59

                                                      MEGA                                                                            91.65                          89.44                           102.95

                                                      Pangsa pasar MEGA                                                              1.04%                           1.09%                            1.26%

                 Catatan:       Data industri per November 2024 sedangkan data Bank Mega per Desember 2024



                 Meanwhile, the position of Bank Mega in terms of Profit and Asset achievements in 2024 within the banking
                 industry is as follows:

                 Chart: National Banking Assets and Profits 2024 and Bank Mega’s Position


                  Aset
                  (Rp trillion)


                  1,851 1,851



                                1,415


                                        1,073




                                                449
                                                       376 347
                                                                   282 260
                                                                           219       213   196   187   182   156   149   135   135   135 109      90    88    87     82    80    58    51     50     24   13

                    1     2       3      4       5      6    7     8     9      10   11    12    13    14    15    16    17    18 MEGA 20         21    22    23     24    25    26    27     28     29   30




                  PAT
                  (Rp trillion)


                  50.5 50.0 47.2




                                        19.8



                                                6.2    5.9
                                                             4.5
                                                                   3.0   2.9   2.6 2.5     2.4   2.4   2.4   2.1   1.4   1.4   1.3    1.3   1.0   0.8   0.6   0.5    0.5   0.5   0.4   0.4    0.1    0.0 -3.4

                    1     2       3      4       5      6    7     8     9 MEGA 11         12    13    14    15    16    17    18     19    20    21    22    23     24    25    26    27     28     29   30




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                                                         Management
                                                         Analysis and
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               Operational Review by Busines
               and Geographical Segment


               OPERATIONAL REVIEW BY                                     the individual segment. In 2024, Bank Mega’s DPK
               BUSINESS SEGMENT                                          reached IDR 91.67 trillion, an increase of 2.50% yoy
                                                                         compared to the DPK achievement in 2023, which
                                                                         amounted to IDR 89.44 trillion.
               FUNDING
                                                                         Retail Funding
               The global economy in 2024 is still marked by             Bank Mega’s Retail Funding segment provides
               uncertainty caused, among other things, by                financial services to all Bank Mega customers by
               geopolitical pressures and ongoing armed conflicts        offering a variety of transactional products and
               in various parts of the world, as well as the influence   services tailored to the diverse characteristics and
               of the newly elected president of the United States,      needs of customers, with a focus on individual
               which has had a significant impact on the global          Mass Market and MegaFirst customers. MegaFirst
               economy. However, Indonesia has managed to                individual customers are those in the priority
               maintain the resilience of its economy by continuing      segment with a balance of over IDR500 million,
               to grow.                                                  where Bank Mega offers various services such as
                                                                         First Class Personalized Service, First Class Financial
               In 2024, in terms of funding, Bank Mega continued to      Solution, and First Class Lifestyle Privileges.
               focus on increasing low-cost funds through various
               strategies, including the development of digital          In addition to products specifically designed for
               banking services, increasing the number of new            MegaFirst customers, Bank Mega offers a variety of
               customers, and consistently improving customer            savings products that can be chosen by customers,
               experience with comprehensive service integration.        including Mega Dana, Mega Maxi, Mega Berbagi,
                                                                         Mega Rencana, Mega Perdana, Mega Ultima, Mega
               Bank Mega consistently and continuously prioritizes       Valas, and TabunganKu. Specifically for the Mega
               the development of digital banking services,              Dana and Mega Maxi products, customers will receive
               particularly Mobile Banking (M-Smile) services,           benefits in the form of MPC loyalty points integrated
               aimed at making it easier for customers to carry out      with the CT Corpora ecosystem.
               financial transactions. In line with the Government’s
               program, Bank Mega has adapted to the latest              For the Mega Berbagi product, Bank Mega
               payment systems such as QRIS (QR Indonesia                collaborates with customers to channel donations
               Standard) and SNAP (National Standard Open API            for various social activities. These social activities
               Payment).                                                 include donations for educational, public health,
                                                                         community empowerment, and natural disaster relief
               The increase in the number of new customers               efforts in Indonesia. Mega Berbagi customers are
               is aimed at boosting Third-Party Funds (DPK),             invited to contribute at least 1% of the interest earned
               through the acquisition of customers in the Retail        for social donations, with Bank Mega also adding an
               (Mass Market) segment and Priority Customers              additional 1%.
               (MegaFirst). Meanwhile, for existing customers,
               Bank Mega continues to develop loyalty programs to        Retail Fund Collection Strategy
               achieve growth in managed funds.                          Bank Mega implements a DPK collection strategy
                                                                         in 2024 with a focus on increasing funds from the
               The management of Bank Mega’s Third-Party Funds           individual Mass Market segment, affluent customers,
               (DPK) is carried out with a focus on efficiency,          and MegaFirst customers, as well as targeting the
               particularly by maintaining the cost of funds amidst      corporate segment in winning sectors.
               the competition in deposit interest rates. In facing
               the reduction of funds from several large customers,
               the focus has been shifted to increasing DPK from



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                 The implementation of the retail fund collection             9.  Continuing the promotion of transfer fee-free
                 strategy in 2024 is as follows:                                  services as one of the bank’s propositions, with
                 1. Acquiring the Affluent segment by organizing                  the expectation that this promotion will lead to
                     community events and targeting the mass                      an increase in transactions and funds.
                     segment, especially millennials, by launching            10. Increasing debit card benefits at strategic
                     products that meet their needs.                              CT Corpora merchants and non-CT Corpora
                 2. Expanding the target segment by developing                    merchants.
                     new segments focusing on Young Millennials and           11. Attractive savings programs for affluent
                     Gen Z.                                                       customers.
                 3. Increasing the growth of low-cost funds (CASA)            12. Corporate internet banking to support cash
                     by increasing savings volume through various                 management & transactions for corporate
                     savings programs that can boost customer                     clients.
                     transactions.
                 4. Developing Debit card features and QRIS Tap to            Electronic Channel (e-Channel)
                     Pay to enhance customer transactions.                    The development of digital technology has
                 5. Growing foreign currency savings by offering              significantly driven an industrial revolution in the
                     MCA programs and adding remittance & FX                  banking sector, in line with the shift in people’s
                     special rate services on M-Smile.                        lifestyles towards digital services. Various new
                 6. Development of Contactless and Tap to Pay debit           innovations and automation need to continue in
                     cards to speed up transactions, thus increasing          order to enable customers to access financial services
                     transaction volume.                                      anytime and anywhere, offering more personalized
                 7. Gradual development of M-Smile services with              services and enhancing user experience. Bank
                     new features such as QRIS Crossborder, QRIS              Mega continues to develop innovative and efficient
                     TTS/Tuntas, QRIS (Contactless), international            payment services and electronic banking services to
                     transfers,   financial   management      services,       support the era of digital transformation.
                     lifestyle services, and payment acceptance
                     services using M-Smile at merchants and other            The development of digital payments and initiatives
                     service features.                                        in electronic banking services such as QRIS (QR
                 8. Acquiring corporate clients in winning sector             Indonesia Standard) and SNAP (National Standard
                     companies such as mining, digital companies,             Open API Payments) continues to be carried out as
                     finance    (insurance,   etc.),   and   acquiring        part of the modernization of the payment system
                     subsidiaries of big group clients who have joined.       and to improve financial access for the public and
                                                                              business players. In addition, innovations have
                                                                              also been made in features on the M-Smile mobile
                                                                              banking app to make it easier for customers to




                                                    Tonny Hermawan
                                                    Honda WR V E-CVT Winner
                                                    2nd Period




                             I am very happy to have won a Honda WR-V from Meriah Bareng Mega. I am
                             giving this car to my youngest daughter, as she has just started working, to
                             make her activities easier. This gift means a lot to both me and my daughter.
                             It turns out that anyone has a chance to win.




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                                                               Management
                                                               Analysis and
                                                               Discussion




               conduct     banking    activities    and    strengthen   the    With the development of services and features carried
               bank’s competitiveness. Bank Mega also offers loan              out in 2024, Bank Mega will not stop innovating and
               facilities to existing credit card customers by utilizing       providing the best services for its customers. In the
               the available credit card limit, providing the best             coming years, Bank Mega will continue to provide
               experience for flexible banking activities, all through         services that are beneficial to customers, meeting
               the use of a mobile phone.                                      their banking transaction needs in a practical, secure,
                                                                               and comfortable manner.
               Mobile Banking
               Every year, Bank Mega continuously develops new                 In 2024, the transaction value of Mobile Banking
               features or services for one of its flagship products,          M-Smile achieved significant growth. This reflects
               Mobile    Banking     M-Smile.      This   service   provides   the high level of customer trust in conducting
               convenience for customers to perform various types              transactions on M-Smile, as well as illustrating
               of transactions such as account opening, transfers,             the potential for even better customer growth in
               QRIS payments, purchasing mutual fund products,                 the future. M-Smile transactions in 2024 reached
               bonds, opening deposits, and other transactions.                11,714,512 million transactions with a transaction value
                                                                               of IDR 49,908 billion. By the end of December 2024,
               Throughout 2024, new features in M-Smile that                   Bank Mega recorded a total of 971,531 M-Smile users.
               can be used by customers include QRIS TUNTAS,
               which is a transaction method for Transfer, Cash                Internet Banking
               Withdrawal, and Cash Deposit using QR codes. With               With innovations and developments tailored to
               this service, customers can simply use a QR code to             customer needs, Bank Mega continues to enhance
               perform TUNTAS transactions (Transfer, Withdrawal,              its Mega Internet Banking service by adding various
               and Deposit) at ATMs or merchants that accept QRIS              features such as domestic and international transfers,
               TUNTAS transactions. Another feature is Tap to Pay,             time deposits, and purchases and payments to meet
               which allows customers to make quick, practical, and            customer needs.
               secure transactions by tapping their Android phones
               equipped with NFC (Near Field Communications),                  Bank Mega’s Internet Banking services consist of Mega
               enabling fast payments at merchants and allowing                Internet Individu, which is intended for individual
               customers to continue their activities.                         customers, and MegaBiz, which is aimed at corporate
                                                                               customers.    The   Mega     Internet   Individu   service
               In addition to QRIS TUNTAS and Tap To Pay,                      provides convenience for individual customers to
               customers can apply for a loan in the form of cash              perform banking transactions anytime and anywhere
               disbursement from their available Credit Card limit.            through a website-based platform. Meanwhile, the
               With this feature available in M-Smile, customers can           MegaBiz service offers ease for corporate customers
               easily submit their application and disburse the funds          in managing business finances and conducting
               independently, anytime and anywhere. Once the loan              domestic or international transactions.
               application is approved, customers will receive the
               funds in their account within 30 minutes, which can             In 2024, the number of transactions recorded
               then be used for their needs. The disbursed funds               through Bank Mega’s Internet Banking reached 2.6
               can also be repaid in installments ranging from 12 to           million transactions with a transaction value of IDR
               48 months, depending on the customer’s personal                 56 trillion. Meanwhile, the number of Internet Banking
               preference. The fund disbursement will reduce the               users at Bank Mega in 2024 reached 21,585 users.
               Credit Card limit.
                                                                               ATM
                                                                               In the midst of the internet digitalization era, the
                                                                               public continues to widely use ATM services. In
                                                                               2024, Bank Mega also added new features to its ATM
                                                                               services, including the account reactivation feature,
                                                                               mobile number change feature, and the addition of a
                                                                               data package purchase feature.




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                                                    Wang Chien Chay
                                                    10gr Precious Metal Winner
                                                    1st Period




                             The habit of saving and investing led me to win a 10g gold bar from Meriah
                             Bareng Mega. I am grateful for this opportunity. It turns out that anyone has
                             a chance to win.




                 In 2024, the number of transactions conducted                   Electronic Money is a non-cash payment instrument
                 through Bank Mega ATMs reached 5.8 million                      that is favored by users due to its easier registration
                 transactions, with a transaction value of Rp1.9 trillion.       process as well as practical and secure transactions.
                 The total number of ATMs in 2024 was 385 onsite
                 ATMs and 154 offsite ATMs, making the total number              The development of electronic money payments is
                 of ATMs 538.                                                    driven by the evolution of information and digital
                                                                                 technology. The number of users of Bank Mega’s
                 Bank Mega continues to develop and add features,                chip-based and server-based electronic money
                 such as the addition of utility payments, top-up,               reached 4.2 million users in 2024. The electronic
                 loans, e-commerce, cable TV & internet payments,                money transactions were dominated by QRIS
                 and various other types of payments.                            transactions, with a total transaction volume of
                                                                                 437 million rupiah. The QRIS payment method
                 Debit Card                                                      with server-based electronic money is increasingly
                 Bank Mega deposit product customers receive an                  popular because it allows users to make transactions
                 ATM/Debit Card that can be used at both physical                more easily, quickly, and efficiently without having to
                 merchants and online merchants. Customers who                   carry cash or physical cards.
                 use Bank Mega Debit cards will enjoy discounts
                 throughout the year at CT Corp’s network, as well as            Wealth Management
                 discounts at other merchants such as e-commerce                 Bank Mega’s Wealth Management offers a variety
                 platforms that collaborate with Bank Mega. The                  of investment and insurance products that can be
                 total transaction volume on Bank Mega Debit Cards               tailored to meet the needs of customers as a solution
                 reached Rp460.815 billion with a total of 980,155               to develop their assets and wealth, and provide
                 thousand transactions during 2024.                              protection for their wealth.

                 Electronic Money                                                Customers can manage their Wealth Management
                 Digital payments using electronic money instruments             portfolio anytime and anywhere through Bank Mega’s
                 allow users to make payments automatically,                     Mobile Banking Application (M-Smile), and they will
                 simplifying financial transactions. Electronic Money            also be assisted by certified Sales Representatives
                 is a non-physical payment instrument (cashless                  to plan and manage their finances. Bank Mega also
                 payment) where the value of money is deposited                  actively provides information related to Wealth
                 in advance by the user to the issuer and stored in              Management services to customers through events
                 electronic media. The electronic media for storing              in collaboration with the Ministry of Finance and
                 the value of electronic money can be in the form                investment manager partners.
                 of a card (chip-based) or a server (server-based).




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                                                         Management
                                                         Analysis and
                                                         Discussion




                                              Benny Syofyan, SH, M.Hum, M.kn
                                              Bank Mega KC Padang
                                              Customer




                          I saw for myself how Mega Berbagi helped the children of Siparayo. It turned
                          out that our assistance was truly something useful for them. I saw for myself
                          how the children were happy when their school was rebuilt and they could
                          return to studying in class. I felt very touched, because our assistance meant
                          a lot to them.




               In 2024, Bank Mega became one of the Distribution         collaboration with Insurance Partners, through both
               Partners of the Ministry of Finance for the offering      life and general insurance products. By the end of
               of seven government bond series in the Primary            2024, the Assets Under Management (AUM) from
               Market, namely ORI025, SR020, ST012, SBR013,              Bancassurance reached Rp1.542 trillion.
               SR021, ORI026, and ST013. There was an increase in
               new investors starting their investments with Bank        Overall, the Assets Under Management (AUM) for
               Mega. In addition, Bank Mega also actively marketed       Bank Mega’s Wealth Management at the end of 2024
               government bond series in the Secondary Market,           amounted to Rp11.2 trillion.
               where more than 100 series are offered daily, including
               FR, SR, ORI, INDON, and INDOIS. Bank Mega’s Assets        Corporate Funding
               Under Management (AUM) from Bonds at the end of           Bank Mega’s Corporate Funding targets non-
               2024 reached Rp8.496 trillion.                            individual or corporate customers. Bank Mega offers
                                                                         a variety of corporate products, including current
               In order to meet the needs of its customers and           accounts and time deposits in both Rupiah and
               to complement its product offerings, Bank Mega            foreign currencies. In order to support the increase
               collaborates with Investment Managers as professional     in CASA, Corporate Funding focuses on deepening
               fund management institutions, namely Schroder             existing customer relationships, aiming to activate
               Investment Management Indonesia, Ashmore Asset            customer banking transactions through the use of
               Management Indonesia, Manulife Asset Management           cash management services such as MegaBiz (New
               Indonesia, and Mega Asset Management. As a result,        Mega Internet Business).
               Bank Mega’s Wealth Management can provide asset
               diversification options for customers through mutual      Not only focusing on the existing Corporate Funding
               fund products. By the end of 2024, the Assets Under       portfolio, but also working with Corporate Credit
               Management (AUM) from mutual funds reached                to explore the transactional banking needs of
               Rp1.182 trillion.                                         customers, in order to use and actively engage in
                                                                         transactions with Bank Mega’s Cash Management
               In addition to investment development, protection is      services.
               a step to safeguard customers from various financial
               risks. Bank Mega understands this need and offers
               a wide range of insurance products that customers
               can choose from according to their requirements, in




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                 Corporate Funding Strategy 2024                          a) Retail Funding Growth Strategy
                 In order to strengthen corporate funding                    Several initiatives will be implemented by the
                 performance, in 2024 Bank Mega implements the               bank to drive retail DPK growth in 2025, including
                 following funding strategies:                               the following:
                 1. Corporate Customer Acquisition Strategy                  1. Focus on acquiring retail customers,
                      •  Focus on acquiring corporate customers                  especially for the Affluent and Mass Affluent
                         with medium/small sizes to reduce the                   segments with initiatives such as:
                         number of depositors.                                   •    Increasing community-based events
                      •  Acquire subsidiaries of existing group                       to boost the number of MegaFirst
                         customers who have joined.                                   customers through the Mega Extra
                                                                                      Reward (MER) program, supported
                 2.   Increase Low-Cost Funds for Cash Management                     by enhanced credit card benefits for
                      Services                                                        individual customers.
                      •   Develop internet banking to support cash               •    Growing the mass affluent customer
                          management.                                                 base through the Mega Super Deal
                      •   Increase operational checking accounts,                     (MSD) program.
                          both from lending customers and funding                •    Increasing the mass customer base
                          customers.                                                  through the Meriah Bareng Mega and
                                                                                      Payroll programs.
                 3.   Increase Fee-Based Income
                      •   Enhance wealth management product                   2.   Expanding the target segment by developing
                          services, both through branch product sales              new segments focused on Young Millennials
                          and via mobile banking M-Smile.                          and Gen Z with initiatives such as:
                      •   Provide relevant wealth products for                     •  Launching a new digital savings product
                          corporate customers.                                        “Mega Zaver.”
                      •   Increase fee-based income from internet                  •  Launching a new feature in M-Smile
                          banking transactions via cash management.                   “Mega Zaku” (features for pockets,
                      •   Increase fee-based income from foreign                      expenses, group savings, and financial
                          exchange transactions.                                      planning).

                 Funding Performance 2024                                     3.   Increasing the growth of Low-Cost Funds
                 In 2024, the bank’s Third-Party Funds (DPK)                       (CASA) composition with initiatives such as:
                 increased by 2.5% YoY, reaching IDR 91.68 trillion.               •   Increasing    savings    volume      by
                 This growth in DPK was largely contributed by an                      encouraging activities through various
                 increase in Low-Cost Funds (CASA), which grew by                      savings programs tailored to customer
                 6.9% YoY, with the bank’s CASA ratio rising from 29%                  and community needs to boost customer
                 to 30%. The growth in DPK from Low-Cost Funds is                      transactions.
                 one of the strategic focuses of the bank to reduce                •   Developing a Time Deposit (TD) special
                 the cost of funds amid the competition in deposit                     rate bundling product with savings
                 interest rates. Additionally, the bank’s DPK growth is                accounts.
                 also directed toward the retail segment to reduce the             •   Growing foreign currency savings by
                 bank’s dependency on large corporate customers.                       offering the MCA program and adding
                                                                                       remittance & FX special rate features in
                 Funding Strategy 2025                                                 M-Smile.
                 For the growth of the bank’s DPK in 2025, the                     •   Encouraging growth in Retail Checking
                 bank will continue to focus on retail fund growth                     by optimizing the branch network
                 to achieve a better cost of funds and more stable                     owned by the bank.
                 funds. In addition, from the corporate side, the
                 bank will focus on growing its corporate customer            4.   Increasing the MegaFirst Customer Portfolio
                 base with medium-sized companies, thus reducing                   with initiatives such as:
                 dependence on core depositors. Furthermore, the                   •   Upgrading mass affluent customers to
                 growth of the bank’s DPK will also be aligned with                    MegaFirst customers to deepen the
                 the bank’s credit growth.                                             relationship with customers and provide
                                                                                       better services.




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                                                             Analysis and
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                         •       Increasing     product    holdings     of   b) Corporate Funding Growth Strategy
                                 customers, including funding, credit           The growth of the Corporate segment will focus
                                 cards, and loans, through the Total            on increasing low-cost funds. The initiatives
                                 Relationship Approach (TRA), so the            and work plans that the bank will implement to
                                 bank    can    provide   comprehensive         realize the 2025 plan are as follows:
                                 solutions to customers.                        1. Growth in Current Accounts (Giro) through
                         •       Strengthening the Anti-attrition program            increased internet banking users, with
                                 through disciplined customer contact                initiatives including:
                                 management to reduce the outflow of                 •    Increasing the penetration of internet
                                 funds from the bank’s DPK (Third-Party                   banking users among corporate funding
                                 Funds).                                                  and lending customers.
                                                                                     •    Enhancing cash management service
                    5.   Increasing productivity at branches with                         features for customers.
                         initiatives such as:
                         •    Organizing more community-based                    2.     Growth in Current Accounts (Giro) through
                              events at branches.                                       the offering of Special Giro rates & FX rates,
                         •    Conducting deepening and cross-selling                    with initiatives including:
                              to existing customers.                                    •   Offering competitive rates to attract
                         •    Identifying    existing customers    to                       corporate Giro customers.
                              offer solutions for both individual and                   •   Providing competitive FX rates as a door
                              corporate needs.                                              opener.

                                                                                 3.     Growth in Giro accounts from credit
                                                                                        customers by identifying non-syndicated
                                                                                        credit customers and requiring them to
                                                                                        conduct Giro transactions at Bank Mega.

                                                                             The growth strategy above will be accompanied by
                                                                             an improvement in the quality of Human Resources
                                                                             (HR) through comprehensive training programs,
                                                                             starting from onboarding, advanced selling skills, and
                                                                             leadership training. Additionally, the bank will also
                                                                             develop its technological and digital capabilities by
                                                                             advancing Internet Banking phase 2 (with features
                                                                             like cash management and cash distribution) and
                                                                             enhancing the M-Smile features (Tap to Pay, Debit,
                                                                             Lifestyle, Zaku, remittance, FX Special rate) to ensure
                                                                             that the banking services provided are relevant to
                                                                             customer needs.




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                 CREDIT

                 Bank Mega’s business segment in credit distribution is divided into Corporate Credit, Commercial Credit, Retail
                 (SMEs and Consumer), and Indirect Channel Credit. Throughout 2024, the outstanding credit distributed by
                 Bank Mega reached IDR 58.0 trillion.

                 Bank Mega consistently monitors the quality of credit as part of its risk management implementation.
                 Continuously, the bank improves credit quality through portfolio diversification towards sectors with better
                 quality by considering the national sector GDP and both the internal credit quality of Bank Mega and the
                 national sector credit quality. In addition, when providing credit, the bank focuses on business group debtors
                 with a strong backbone to maintain credit quality. On the other hand, the bank has implemented and will
                 continue to carry out training and development programs for all officers and staff involved in credit activities.

                 Bank Mega Credit Portfolio December 2024
                                                                                                                 (Expressed in millions of Rupiah)

                                                                                                                         Changes
                                                                          2024        2023         2022
                                                                                                                2022-2023        2023-2024
                   Current                                            54,836,924      62,242,236   66,720,438    (4,478,202)        (7,405,312)

                   Under Special Mention                                  8,728,172    3,020,302    2,732,233       288,069          5,707,870

                   Substandard                                              69,158       79,162      136,160        (56,998)           (10,004)

                   Doubtful                                                118,971      203,301      218,706        (15,404)           (84,330)

                   Loss                                                    901,428      759,717      503,766        255,951            141,711

                   Total                                              64,654,652      66,304,718   70,311,303    (4,006,584)        (1,650,066)




                 The total credit in 2024 decreased by IDR1.65 trillion compared to 2023, with the majority of the decrease
                 attributed to the repayment of large debtors. The NPL ratio showed an increasing trend, from 1.23% in December
                 2022 to 1.57% in December 2023, and further increased to 1.69% in December 2024. The rise in the NPL ratio in
                 2024 was due to both the increase in the nominal NPL and the decrease in total credit. However, Bank Mega’s
                 NPL ratio remains below the national NPL ratio of 2.19% (latest OJK SPI data as of September 2024).

                 Bank Mega Restructured Credit Portfolio December 2024
                                                                                                                 (Expressed in millions of Rupiah)

                                                                                                                         Changes
                                           No.                            2022        2023         2024
                                                                                                                2022-2023        2023-2024
                   Current                                                2,774,829    1,181,780     852,455     (1,593,049)          (329,325)

                   Under Special Mention                                  1,853,530    1,613,175    1,450,580      (240,355)          (162,595)

                   Substandard                                              88,745       30,775       10,784        (57,970)           (19,991)

                   Doubtful                                                142,926      107,386       19,312        (35,540)           (88,074)

                   Loss                                                    317,578      468,197      594,786        150,619            126,589

                   Total                                                  5,177,609    3,401,313    2,927,917    (1,776,295)          (473,396)




                 The outstanding restructured debtors have decreased significantly, dropping by IDR1.78 trillion in 2023 and by
                 IDR0.47 trillion in 2024, due to a reduction in outstanding amounts or repayments. The bank has been and will
                 continue to make efforts by closely monitoring restructured debtors.




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               Credit Strategy
               The strategies that will be implemented in credit distribution are as follows:




                                                                Strategi Kredit


                  1                                       2                                                3
                                                                Peningkatan Revenue
                            Peningkatan                                                                               Perbaikan
                                                               Melalui Interest Income &
                           Volume Kredit                                                                            Kualitas Kredit
                                                                  Fee Based Income


                  1.   Penyaluran kredit:                 1.    Interest Income:                           1.   Pencegahan:
                       • Korporasi fokus kredit:                • Korporasi menggunakan                         • Penyaluran kredit dengan
                          sindikasi, proyek strategis               Refrence Rate                                  mengedepankan prinsip
                          nasional, & konglomerasi              • Komersial Retail                                 kehati-hatian
                          swasta dengan finansial yang              meningkatkan penyaluran                     • Account maintenance & early
                          kuat.                                     kredit regular (di luar kredit                 warning signal
                       • Komersial Retail ke                        dengan agunan tunai)
                          ekosistem (grup dan non               • Utilisasi plafond kredit                 2. Penyelamatan: Restrukturisasi
                          grup) pola Supply Chain                                                             Kredit
                          Financing                       2. Fee Income:
                       • INCH penyaluran ke                  • Meningkatkan fee yang                       3. Penyelesaian:
                          Lembaga keuangan yang                 berasal dari diversifikasi Fee                • Perepatan penyelesaian
                          dimiliki bank/konglomerasi­           Income (upfront/structure/                       kredit bermasalah baik
                                                                advisory fee)                                    melalui lelang, maupun
                  2. Optimalisasi Eksisting Debitur/         • Mengurangi pemberian                              AYDA
                     Mitra:                                     dispensasi atas fee kredit                    • Write Off
                     • Utilasi plafon kredit maupun          • Optimalisasi transaksi trade
                        pemberian top up fasilitas              di segmen Korporasi, dan
                     • Menahan pelunasan kredit                 Komersial
                        dengan kualitas lancar




                                               Sumber Daya Manusia, Proses Bisnis & Sinergi Grup




               Here is the credit distribution performance for each                In 2024, the Corporate Segment was able to record a
               segment.                                                            profit of around IDR1.9 trillion, remaining the largest
                                                                                   contributor to profit, accounting for 92.1% of the total
               Corporate Credit                                                    profit from credit distribution excluding credit cards.
               Throughout 2024, the total outstanding credit                       The total net interest income from the Corporate
               distributed through the Corporate Segment reached                   Segment in 2024 reached IDR1.6 trillion. Other sources
               IDR45.4 trillion with a gross NPL stable at 0.3%. The               of profit came from fee income, which amounted to
               composition of working capital loans was recorded                   IDR349 billion, or approximately IDR350 billion.
               at IDR9.9 trillion (12%) and investment loans reached
               IDR40.0 trillion (88%) compared to IDR35.5 trillion                 Commercial         and       Retail   Credit     (SMEs       &
               (78%) in 2023. The growth in corporate credit in 2024               Consumer)
               was IDR55 billion (YoY 0.12%) from the December                     Commercial and Retail Credit, distributed directly
               2023 position. This growth is relatively small, mainly              through branch channels spread across major cities
               due to the dominant composition of investment loans                 in Indonesia, has disbursed a total of IDR2.6 trillion
               which results in a large rundown and several significant            in 2024, representing 4.08% of the bank’s total
               corporate debtor repayments. Nevertheless, the share                outstanding credit. This segment has not been able to
               of corporate credit distribution remains the largest,               record better profits compared to 2023, but it was still
               reaching 70.23% of the total outstanding credit at the              able to generate net interest income of IDR54 billion
               bank.                                                               and fee income of IDR14 billion.




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                 Indirect Channel                                          •   Bilateral Financing:
                 In 2024, credit disbursement to the Indirect Channel          -   The development of bilateral credit will be
                 segment reached approximately IDR9.9 trillion. The                carried out by deepening existing customer
                 share of disbursement in this segment is the second               relationships through identifying the needs
                 largest, accounting for around 15.32% of the bank’s               of debtor development, including the
                 total outstanding credit. This segment was able to                development plans of the debtor group.
                 generate a profit of IDR261 billion, contributing 12.9%       -   Actively targeting conglomerate groups with
                 of the total profit from credit disbursed, excluding              strong financials, particularly companies
                 credit cards. The Indirect Channel segment recorded               with solid ratings and financial conditions,
                 net interest income of IDR336 billion.                            in industries that are driving the economy
                                                                                   (including energy/mining, transportation
                 Strategy and Work Plan for 2025                                   and warehousing, agribusiness/plantations,
                 The overall credit strategy for 2025 includes the                 construction/infrastructure, manufacturing/
                 following:                                                        processing, etc.).
                 •    The largest share of credit growth will still be
                      in the Corporate segment. The focus will be on       Indirect Channel Credit
                      channeling credit to economic sectors that are       •   Focus on increasing financing to financing
                      still capable of growing positively in uncertain         companies owned by the bank or conglomerate
                      economic      conditions,    including   strategic       business groups and optimizing the provision
                      national projects and credit disbursement to             of credit facilities to partners with good quality,
                      conglomerate groups with strong financial                through top-up facilities for partners’ increased
                      standing, particularly to companies with solid           needs.
                      ratings and financial conditions.                    •   Implementing a pricing mix to increase financing
                 •    Optimizing branch offices and regions to grow            volume, such as low interest rates for low-risk,
                      retail and commercial credit.                            high-volume clients and high interest rates for
                 •    Applying disciplined pricing to optimize credit          high-risk, low-volume clients.
                      margins and fee income.                              •   Expanding market share by providing credit to
                 •    Deepening      relationships    and    maintaining       Chinese cars or electric vehicles (EV).
                      disciplined monitoring of debtor businesses.
                                                                           Commercial and Retail Credit
                 To face the challenges in 2025, each segment has          •  Branch revitalization aimed at increasing the
                 made plans regarding the strategies and focuses that         contribution of the portfolio and profit from the
                 will be developed, namely:                                   branches, including by setting credit targets for
                                                                              Commercial and SME branches for type 1 and type
                 Corporate Credit:                                            2 branches, as well as referral targets for type 3
                 Amid the uncertainty of the global economic                  branches. Additionally, more credit branches will
                 conditions due to ongoing geopolitical factors,              be added in 2025 as needed, located in major
                 corporate credit disbursement will be focused on             cities such as Jakarta, Bandung, Semarang,
                 several types of financing as follows:                       Surabaya, Medan, Makassar, Banjarmasin, and
                 •   Syndicated Financing:                                    Balikpapan.
                     -    The development of syndicated credit will        •  Increasing leads from suppliers and buyers of
                          be carried out by building relationships with       existing debtors, as well as from checking account
                          banks that are active as Mandated Lead              funding customers, and from suppliers/vendors/
                          Arranger and Bookrunner (MLAB), including           contractors/buyers of corporate debtors outside
                          Himbara Banks, National and Foreign Private         the SCF scheme.
                          Banks, as well as Offshore Banks.                •  Targeted industries include: Home Industry
                     -    Development of syndicated credit by                 (Household Activities as Employers, Activities
                          becoming a Mandated Lead Arranger                   Producing Goods and Services for Household
                          (MLA) or the development of a Club Deal             Use), trading, and businesses that support large
                          Credit with other banks to obtain large             industries (Wholesale and Retail Trade, Car and
                          credit allocations in line with the bank’s          Motorcycle Repair and Maintenance).
                          risk appetite and to optimize the bank’s
                          capabilities in accordance with available
                          BMPK (Bank Indonesia’s Minimum Capital
                          Requirement).




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               •    Enhancing the sales distribution model through         In 2024, Bank Mega’s credit card business recorded
                    third-party cooperation, especially Supply Chain       significant achievements, with a sales volume
                    Financing (SCF), to increase the potential for         reaching IDR 20 trillion, an increase from the previous
                    credit growth in quality branches by adding            year. This growth was supported by higher domestic
                    new debtors from existing partners, adding new         and international transactions, both online and offline,
                    partners from corporate debtors or potential           as well as a positive contribution from overseas
                    debtors, and adding new partners from non-             transactions, which grew by 13%. Digitalization in the
                    corporate non-debtors (SOEs & other large              customer acquisition process remains a key focus,
                    private companies) with criteria such as having        with the implementation of a paperless system and
                    many suppliers/vendors/contractors and a               digital verification that enhances efficiency while
                    strong brand image. The SCF product, which is          maintaining portfolio quality. The prudence principle
                    currently provided for Pre-Financing, will also be     in the Bank’s business operations also successfully
                    extended to post-financing.                            maintained a consistent NPL ratio, from 2.2% in 2023
               •    Digital transformation of the credit process           to 2.2% at the end of 2024.
                    (SLA) to accelerate the credit process through
                    Credit Integrated Workflow (CIA), Pipeline             As part of its commitment to digitalization, Bank
                    Monitoring through Credit Reporting Integrated         Mega launched the “Tap to Pay” feature on Android-
                    Apps (CRIA), including facilitating debtor             based smartphones in 2024. This innovation allows
                    business transactions via the M-Smile app or           customers to make contactless transactions easily,
                    Mega Internet Business.                                quickly, and securely using their smart devices,
                                                                           reflecting Bank Mega’s efforts to provide modern
               In its efforts to increase fee-based income, the Bank       payment solutions and support a cashless society in
               not only applies credit fees generally but also activates   Indonesia.
               transaction banking to optimize fee acquisition,
               including improving trade finance services. These           Bank Mega also continued the “Bikin Jadi Pertama”
               efforts are also accompanied by the optimization of         program to provide an exclusive experience to Mega
               Trade Finance services, such as the issuance of LCs,        First Infinite credit cardholders and other credit
               SKBDNs, Bank Guarantees, and Standby LCs, which             cardholders, such as early access to various events
               are expected to continuously enhance marketing              and the convenience of enjoying exclusive services
               synergies and cross-selling in order to increase fee-       just by redeeming MPC Points.
               based income.
                                                                           Through strategic steps focused on customer needs,
               Credit Cards                                                technological innovation, and customer appreciation,
               The year 2024 marks a momentum of ongoing                   Bank Mega successfully strengthened its position in
               economic consolidation, supported by high mobility          the financial industry, increased customer loyalty, and
               of the public, increasing trade activities, and a rise in   maintained sustainable business growth in 2024.
               both domestic and international tourism traffic. The
               pandemic has driven a trend in customer transaction
               behavior towards online, contactless, and cashless
               transactions. Bank Mega has adapted to this dynamic
               through product development and technological
               innovation to meet customer needs.




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                 The Increasing Digitalization Trend in the                 The Importance of CT Corp’s Synergy with
                 Banking Industry                                           Bank Mega Credit Cards
                 In 2024, Bank Mega continued to accelerate its             Bank Mega, as part of the CT Corp ecosystem,
                 digital transformation to keep up with the growing         continues to leverage the power of synergy with other
                 technology-based banking trend. Bank Mega is               CT Corp subsidiaries to provide added value to its
                 committed to providing digital banking services that       customers, especially credit cardholders. Bank Mega
                 are not only efficient but also safe and convenient        consistently strives to develop its banking business by
                 for customers. One important step taken was the            offering various benefits to its customers, including in
                 development of the M-Smile app, which has been             fulfilling their daily needs.
                 further improved by adding various features, such
                 as credit card application and activation, installment     Bank Mega credit cardholders can enjoy various
                 transaction requests, limit settings, customer data        benefits, such as discounts and attractive offers at
                 updates, and card blocking in case of loss. All of these   merchants in retail, lifestyle, entertainment, hotel,
                 can be done by the customer without the need to visit      travel, and online transactions through e-commerce.
                 a branch or contact the Call Center.                       Another advantage is the presence of MPC Points, a
                                                                            reward system integrated across all platforms within
                 Bank Mega is also actively supporting regulatory           the CT Corp ecosystem. Customers will earn MPC
                 policies to encourage digital transactions, one of which   Points for every purchase made using their credit card
                 is through the implementation of QRIS Cross Border,        or for accumulating savings balances, and each point
                 enabling digital transactions between countries such       collected can be redeemed for exciting rewards. With 1
                 as Malaysia, Thailand, and Singapore. Bank Mega is         MPC Point equivalent to 1 rupiah, customers can enjoy
                 also developing its payment gateway capabilities to        various benefits, such as free flights with Antavaya,
                 support the growing online transactions, especially        10% off purchases at Transmart, and shopping for
                 to meet merchant transaction needs. These efforts          fashion items at Metro Department Store.Through
                 demonstrate Bank Mega’s commitment to continually          this synergy, Bank Mega not only offers competitive
                 providing convenience and ease of transactions, while      credit products but also provides a more rewarding
                 maintaining the important principles of prudence to        shopping and service experience for its customers.
                 ensure the security and integrity of customer data.
                 The ongoing digital transformation by Bank Mega is         Food & Dining
                 expected to enhance customer satisfaction, drive the       Bank Mega credit cardholders who enjoy culinary
                 growth of digital transactions, and maintain customer      experiences can take advantage of various attractive
                 trust in the banking services offered.                     offers, such as the Makan Bareng Mega Program,




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                                                         Management
                                                         Analysis and
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               which offers discounts of up to 50% at hundreds of        Media & Entertainment
               restaurants and cafes throughout Indonesia. In 2024,      Together with TRANSMEDIA (TRANS TV, TRANS7,
               Bank Mega also launched the Cinta Lokal Program, an       CNN Indonesia, Detikcom), Bank Mega enhances
               initiative aimed at supporting local MSME merchants       brand awareness and offers various promotional
               in various regions by offering discounts or price         programs accessible to Bank Mega cardholders and
               reductions to Bank Mega customers. This program           the general public. This strengthens Bank Mega’s
               covers nine regions: Surabaya, Medan, Palembang,          ability to introduce innovations and expand its service
               Makassar, Semarang, Malang, Bandung, Bali, and            reach.
               Bogor.
                                                                         Financial Institution
               Additionally, customers can enjoy exclusive discounts     Bank Mega also collaborates with other financial
               of up to 50% year-round at Trans F&B merchants,           institutions under CT Corp, such as Mega Insurance
               including Coffee Bean and Tea Leaf, Baskin Robbins,       and PFI Mega Life. This partnership aims to provide
               Wendy’s, Warung Wardani, Gyukatsu, and Tasty              customers with financial protection through life
               Kitchen. This offering is part of Bank Mega’s effort to   and general insurance, as well as facilitate financial
               provide added value to its customers, particularly in     planning for Bank Mega credit cardholders.
               delivering a more affordable culinary experience.
                                                                         Shopping Centers
               Fashion & Lifestyle                                       Bank Mega’s synergy with shopping centers within the
               For fashion enthusiasts and cardholders who love          CT Corp group also provides broader opportunities for
               collecting items from their favorite brands, Bank         credit card customer acquisition. With the presence
               Mega Credit Cards offer discounts of up to 20%            of Trans Shopping Mall in several major cities such as
               for MegaFirst Infinite Credit Cardholders and 10%         Trans Icon Mall Surabaya, Trans Studio Mall Makassar,
               discounts for other types of credit cards at more than    Trans Studio Mall Bandung, Trans Studio Mall Cibubur,
               50 Trans Fashion outlets selling renowned brands          Trans Studio Mall Bali, and other Trans Mall branches,
               such as Aigner, Canali, Furla, Geox, and Hugo Boss.       Bank Mega can more easily reach new customers
                                                                         through mall branding conducted in various major
               Travel & Leisure                                          cities across Indonesia.
               Although the tourism sector was impacted by the
               COVID-19 pandemic, Bank Mega remains committed to         Online Transactions
               building strategic partnerships with AntaVaya Tour &      Bank Mega continues to develop synergy with the CT
               Travel and pergi.com, offering various travel products    Corp ecosystem in online transaction services through
               such as tickets, accommodation, and tour packages.        the e-commerce platform Allo Fresh to support daily
               Customers can enjoy special prices for tour package       needs. This synergy is strengthened by integration via
               purchases, competitive international ticket prices, and   Bank Mega’s payment gateway, allowing customers
               light installment facilities. MegaFirst Infinite Credit   to make payments using Bank Mega credit cards and
               Cardholders also receive up to a 10% discount at all      also utilize MPC Points, providing convenience and
               AntaVaya outlets across Indonesia. Furthermore, the       flexibility for customers in their transactions.
               collaboration with Metro Department Store provides
               a 10% discount and the convenience of redeeming           Through this collaboration, Bank Mega not only
               reward points throughout the year for Bank Mega           expands access to digital payments but also adds
               credit cardholders.                                       value for customers to benefit from the CT Corp
                                                                         ecosystem.
               Groceries
               Bank Mega’s collaboration with Transmart Carrefour
               provides additional benefits for customers, with a
               10% discount and the ability to redeem reward points,
               which can be used every day at all Transmart Carrefour
               outlets in Indonesia.




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                 Strategy 2025                                             Looking ahead, five global challenges need to be
                 Bank Mega continues to strengthen synergies               closely monitored and anticipated: the slowdown
                 within the CT Corp ecosystem as a driving force           and divergence in global economic growth, the
                 for credit card growth, realized through products         slow decline in global inflation, high interest rates in
                 and additional services that benefit both retail and      advanced countries, the strength of the US dollar, and
                 corporate customers, as well as promotions for online     capital outflows from emerging markets to developed
                 transactions, offline domestic transactions, and          countries.
                 international transactions. The bank also continues
                 its digital transformation and strengthens integration    The uncertainty of global financial markets is
                 in digital services, both in products and services, and   increasing, accompanied by the risk of a slowdown
                 in transaction security through enhanced services,        in global economic growth. The trade policy plan in
                 products, and features in Mobile Banking M-Smile. This    the United States (US), through higher import tariffs,
                 aligns with the bank’s goal to provide the best banking   commodities, and broader coverage of countries, has
                 experience for customers. In 2025, the bank plans         caused the risk of increased fragmentation in global
                 to target card issuance for the younger generation        trade. This development, along with the escalation of
                 segment by launching a special card product for Gen       geopolitical tensions in many countries, is expected to
                 Z, with significant market potential at present.          cause global economic growth in 2025 to slow down
                                                                           to 3.1% from 3.2% in 2024. Global inflation has risen
                 Treasury and Financial Institutions                       compared to previous forecasts, influenced by supply
                                                                           chain disruptions. In the US, the decline in the Fed
                 A. Treasury                                               Funds Rate (FFR) is expected to be slower due to the
                 In 2024, more than 100 countries around the world         higher inflation.
                 held elections, making it the largest election year
                 in world history. The year 2024 is also marked as a       Meanwhile, the US’s more expansive fiscal policy
                 year of adjustment by many central banks to lower         drives US Treasury yields to remain high, both in the
                 benchmark interest rates due to the improved control      short-term and long-term tenors. The strengthening
                 of inflation in each country.                             of the US dollar continues broadly, accompanied by a
                                                                           shift in global investor preferences, moving portfolio
                 Indonesia’s economy in 2024 experienced stable            allocations back to the US. This has increased pressure
                 growth, achieving a 4.95% year-on-year growth and         on the depreciation of various global currencies and
                 an inflation rate of 1.71%. This growth was supported     restrained the inflow of foreign capital into emerging
                 by household consumption, which grew by 4.91%,            markets. The developments in the global economy,
                 and gross fixed capital formation (GFCF), which grew      along with the continued high uncertainty in global
                 by 5.15%. Several sectors that grew rapidly included      financial markets, require strong policy responses to
                 transportation and warehousing (8.64%) as well as         mitigate their negative impacts on the economies of
                 food and beverages (8.33%).                               emerging countries, including Indonesia.

                 This economic growth was also accompanied by a            The market developments, along with the
                 decrease in the unemployment rate. The number             normalization of global economic policies where
                 of employed people increased by 4.79 million to           almost all central banks have lowered interest rates
                 reach 144.64 million, while the unemployment rate         due to inflation being under control, present an
                 decreased by 0.39 million people to 7.47 million.         attractive momentum for Treasury to take advantage
                                                                           of. Treasury is leveraging the economic recovery
                 For 2025, Indonesia’s economy is expected to improve,     momentum, which can enhance the revenue of the
                 but it must remain vigilant against several increasing    Treasury business segment.
                 global challenges. The government forecasts that
                 Indonesia’s economic growth in 2025 will remain
                 strong, ranging from 4.8% to 5.6%, supported by
                 private consumption, investment, and solid export
                 performance. Inflation is expected to remain under
                 control within the target range of 2.5±1% in 2025,
                 supported by consistent monetary policy, fiscal policy,
                 and the National Food Inflation Control Movement
                 (GNPIP).




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                                                          Management
                                                          Analysis and
                                                          Discussion




               Facing such conditions, Treasury at Bank Mega actively      Global Markets Sales (GM Sales)
               and conservatively manages its operations with caution      In conducting its business, Global Market Sales requires
               in maintaining asset and liability portfolios to continue   strong expertise in the increasingly competitive
               generating profits while maintaining liquidity. Amidst      global market. This expertise is combined with a deep
               the challenging and uncertain economic conditions in        understanding of the local market and innovation
               2024, Treasury was still able to take advantage of the      to enhance competitiveness and offer competitive
               market volatility. Below are the concrete steps taken       pricing. The Company is also committed to providing
               by Treasury throughout 2024:                                the best service to its customers. These efforts are
               1. Continuing to invest excess liquidity from the           necessary to enhance the competence and capability
                   Bank in assets with relatively lower risk, such         of GM Sales in marketing Global Markets products to
                   as government bonds and placements at Bank              customers.
                   Indonesia, while considering the best yield
                   according to the risks faced in order to optimize       The increasing level of competition in the banking
                   the Bank’s income.                                      sector to expand the customer base encourages the
               2. Managing the funding gap between assets and              Company to strengthen synergy with relevant internal
                   liabilities to ensure the bank can maintain daily       parties involved in the marketing of Global Markets
                   liquidity safely.                                       products. The marketing of Global Markets products,
               3. Always ensuring the stability of the bank’s              along with their characteristics, risks, and product
                   liquidity by monitoring the amount of High-             transparency, is carefully maintained to comply with
                   Quality Liquid Assets (HQLA), the Liquidity             applicable regulations.
                   Coverage Ratio (LCR), and the Net Stable
                   Funding Ratio (NSFR).                                   In 2024, Global Markets Sales became more perceptive
                                                                           in identifying customer needs for Global Markets
               The above strategy was able to maintain the                 products such as bonds, foreign exchange products,
               Company’s income amidst the challenging and                 and financial derivative products.
               uncertain economic conditions in 2024 while still
               maintaining liquidity. The income was primarily             Global Markets Trading (GM Trading)
               derived from Net Interest Income on securities assets.      In 2024, Global Markets Trading was able to capitalize
                                                                           on opportunities in the market. Economic indicators
               B. Global Markets                                           showed uncertainty in global economic movements
               The year 2025 will be an exciting year once again for       amid improving inflation rates towards pre-pandemic
               Indonesia’s financial markets. The domestic economic        levels, particularly in advanced economies. Market
               outlook remains positive amidst the potential               sentiment tended to be positive, supported by
               slowdown in the global economy. Indonesia’s                 increased expectations that the global interest rate
               GDP growth in 2025 is expected to remain stable,            hike cycle would come to an end, following the
               supported by the potential economic recovery post           release of U.S. labor data and the continued decline
               the new government, both in Indonesia and in the            in inflation rates.
               United States, which is expected to help restore
               overall purchasing power.                                   Meanwhile, global geopolitical tensions continued
                                                                           to rise with the ongoing conflict in the Middle East
               Fundamentally, Indonesia’s economy remains strong,          and the victory of right-wing parties in several
               and investor sentiment towards the Indonesian               countries. However, the impact on oil and energy
               economy remains positive, in line with the outlook for      prices remained limited due to the ongoing trend of
               Indonesia’s economic growth and improvements in             weakening demand.
               domestic demand. It is anticipated that the easing of
               global inflationary pressures will allow global financial   These developments drove the strengthening of
               markets to begin showing signs of recovery.                 global financial markets and also increased demand
                                                                           in the stock market, bonds, and exchange rates. Non-
               Amidst these conditions, the Company’s focus                resident investors also began entering the emerging
               is to remain active in financial market activities,         market financial markets. All of this provided
               contributing to the overall performance of the              opportunities for the Global Markets Trading team
               Company while consistently adhering to compliance           to carry out their daily activities and earn fee-based
               and risk management guidelines.                             income. Synergy with the Global Markets Sales team




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                 will continue, offering competitive prices to achieve        In addition, Bank Mega also provides Monitoring
                 market share targets, while strictly adhering to             Agent services for the issuance of debt securities
                 compliance principles, both internally, externally, and      and/or Sukuk issued without a Public Offering. Bank
                 with regulators.                                             Mega has obtained a Registration Certificate (STTD)
                                                                              to conduct business as a Trustee from the Financial
                 In 2025, GM Trading sees that the foreign exchange           Services Authority (formerly the Capital Market
                 and bond markets will remain active, influenced by           Supervisory Agency) based on the decision letter No.
                 various factors both in the domestic and international       20/STTD-WA/PM/2000 dated August 2, 2000.
                 markets. GM Trading will continue to actively
                 participate in market deepening while taking into            The duties and responsibilities of Bank Mega as a
                 account the existing situation and conditions.               Trustee include the following:
                                                                              a. Representing the interests of the holders of debt
                 Meanwhile, for the bond market, it is expected that in           securities and/or Sukuk both in and out of court
                 2025, interest rates globally will decrease as inflation         in taking legal actions related to the interests of
                 is brought under control due to economic recovery. To            the holders of debt securities and/or Sukuk;
                 maintain fee-based income, GM Trading will need to           b. Conducting regular supervision or monitoring
                 be more active in participating in market deepening,             of the issuer and debt securities and/or Sukuk
                 both in Rupiah-denominated bonds and other                       based on the Trustee Agreement;
                 currencies such as US Dollar-denominated bonds.              c. Providing reports to the Financial Services
                                                                                  Authority in the event the issuer defaults or if
                 C. International Banking & Financial Institution                 there are situations that could jeopardize the
                     (IBFI)                                                       interests of the holders of debt securities and/or
                 Entering 2024 with many democratic events at the                 Sukuk.
                 national, regional, and international levels, the business
                 continues to run normally, with meetings with both           As of December 31, 2024, Bank Mega acts as a Trustee/
                 bank and non-bank clients running smoothly.                  Monitoring Agent for the issuance of debt securities
                                                                              and/or Sukuk, with a total value of IDR 83.04 trillion
                 IBFI activities through funding products, treasury           and USD 18.75 million.
                 products, and trade finance transactions show an
                 increase in new client names every year. This is             B. Custodian Services
                 reinforced by routine monthly KPI monitoring and             Bank Mega has been providing Custodian Services in
                 the improvement in client service and management             the Capital Market since 2001. A Custodian Bank is a
                 carried out in 2024, which led to many cross-sell            bank that provides safekeeping services for securities
                 opportunities with other institutions within the CT          and other activities related to those securities,
                 Corp ecosystem.                                              including the settlement of securities transactions,
                                                                              managing the rights related to the securities held,
                 A significant increase occurred in non-bank clients          and representing the rights of the securities holders
                 for bond and SRBI transactions. In addition, IBFI will       (Proxy).
                 continue to support the Global Markets Sales team as
                 treasury transactions increase in 2024.                      Bank Mega acts as a Custodian Bank based on the
                                                                              license from the Financial Services Authority (formerly
                 Capital Markets                                              the Capital Market Supervisory Agency) No. KEP-01/
                                                                              PM/Kstd/2001 dated January 18, 2001. Bank Mega has
                 A. Trustee                                                   also received approval from Bank Indonesia to act as a
                 Bank Mega has been running its Trustee business              Sub-Registry according to Bank Indonesia Letter No.
                 for more than 24 years. A Trustee is a Capital Market        10/160/DPM dated July 4, 2008.
                 Supporting Institution that serves to represent the
                 interests of holders of debt securities and/or Sukuk,
                 where the institution is required by companies issuing
                 debt securities and/or Sukuk through Public Offerings.




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                                                        Management
                                                        Analysis and
                                                        Discussion




               The custodian services provided by Bank Mega             OPERATIONAL REVIEW BY
               consist of:
               •  General Custodian services include:
                                                                        GEOGRAPHIC SEGMENT
                  -    Safekeeping (storage and administration of
                       securities);                                     The Bank analyzes segments geographically, where
                  -    Settlement & transaction handling (handling      management reviews the internal management
                       and settlement of securities sale/purchase       reports on a monthly basis for each area. Below is
                       transactions);                                   a summary explaining each geographic area of the
                  -    Corporate action (managing client rights         Bank:
                       related to the ownership of securities);         •   Head Office consists of Treasury, Card Center,
                  -    Proxy (representing clients in the General           and functional units, including assets, liabilities,
                       Meeting of Securities Holders based on the           income, and expenses that cannot be allocated.
                       client’s power of attorney);                     •   Jakarta Area includes all branches and sub-
                  -    Reporting.                                           branches in the Jabodetabek area and Banten
                                                                            Province.
               •    Mutual Fund Custodian services include:             •   Bandung Area includes all branches and sub-
                    -  Unit Registry (recording and administrating          branches in West Java Province.
                       Mutual Fund Participation Units);                •   Medan Area includes all branches and sub-
                    -  Fund Accounting (collective safekeeping,             branches in Sumatra and Batam.
                       portfolio administration of Mutual Funds,        •   Semarang Area includes all branches and sub-
                       and Net Asset Value calculation);                    branches in Central Java Province.
                    -  Reporting.                                       •   Surabaya Area includes all branches and sub-
                                                                            branches in East Java Province, Bali, and Nusa
               As of December 31, 2024, the total value of Bank             Tenggara.
               Mega’s custodian administration portfolio is IDR 43.34   •   Makassar Area includes all branches and sub-
               trillion.                                                    branches in Sulawesi, Maluku, and Papua.
                                                                        •   Banjarmasin Area includes all branches and sub-
               C. Bank Administrator of Customer Fund Accounts              branches in Kalimantan.
                    (RDN) and Payment Bank
               Bank Mega has also obtained approval from KSEI to        In 2024, the largest contribution in terms of revenue
               become the Bank Administrator for Customer Fund          by segment was provided by the Head Office,
               Accounts (RDN) and Payment Bank, as per PT KSEI          with a share of 67.90% in 2024 and 70.06% in
               letter No. KSEI-4578/DIR/1223 dated December 4,          2023. Meanwhile, the region that made the largest
               2023, regarding the Appointment of PT Bank Mega          contribution was Jakarta, with a share of 17.78% in
               Tbk as the Bank Administrator for RDN and Payment        2024 and 16.92% in 2023.
               Bank for the period 2024-2029.

               As the Bank Administrator for RDN (Customer Fund
               Account) and Payment Bank, Bank Mega provides
               services to open and administer customer fund
               accounts for the settlement of securities transactions
               in the capital market.B




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                 Income per Segment Geographic                                     Income per Segment Geographic
                 (%)                                                               (%)


                  3,02%                            1,88%                           3,58%                          2,17%
                            1,72%          1,85%                                            1,30%        2,23%
                  2,60%                                                            2,98%
                  1,94%
                                                                                   2,06%




                 16,92%
                                    2023                            Kantor Pusat
                                                                    Jakarta
                                                                                   17,78%
                                                                                                    2024                        Kantor Pusat
                                                                                                                                Jakarta
                                                                    Bandung                                                     Bandung
                                                                    Medan                                                       Medan
                                                                    Semarang                                                    Semarang
                                                                    Surabaya                                                    Surabaya
                                                                    Makassar                                                    Makassar
                                                      70,06%        Banjarmasin                                      67,90%     Banjarmasin




                 The largest contribution in terms of Profit Before Tax in 2024 was also provided by the Head Office and the
                 Jakarta region, accounting for 60.49% and 28.90%, respectively, supported by the more dominant revenue
                 achievements in these geographical segments compared to other regions. In 2023, the share of Profit Before
                 Tax from the Head Office and Jakarta region was 66.86% and 23.79%, respectively.

                 Profit before Tax per Segment Geographic                          Profit before Tax per Segment Geographic
                 (%)                                                               (%)


                   1,88%                           1,07%                            2,28%                         1,76%
                            1,34%          1,51%                                            0,32%         2,24%
                   2,25%                                                            2,73%
                           1,31%
                                                                                    1,28%




                 23,79%
                                    2023                            Kantor Pusat
                                                                    Jakarta
                                                                                   28,90%
                                                                                                    2024                        Kantor Pusat
                                                                                                                                Jakarta
                                                                    Bandung                                                     Bandung
                                                                    Medan                                                       Medan
                                                                    Semarang                                                    Semarang
                                                                    Surabaya                                                    Surabaya
                                                                    Makassar                                                    Makassar
                                                      66,86%        Banjarmasin                                       60,49%    Banjarmasin



                 A more detailed explanation regarding revenue and profitability based on geographical segments can be found
                 in Note No. 38 of the 2024 Audited Financial Statements, which is attached to this Annual Report.




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                                                       Management
                                                       Analysis and
                                                       Discussion




               Marketing
               Aspect


               Bank Mega applies an innovative marketing approach     for customers saving through Mega Dana and Mega
               that is customer-oriented and designed to support      Maxi savings products; and Mega Berbagi, a savings
               the Bank’s performance in achieving optimal results    product that helps customers channel donations to
               amid challenging situations. Bank Mega’s marketing     break the cycle of poverty through access to quality
               strategy is executed effectively across various        education to fulfill the dreams of the nation’s children.
               business segments to maximize the potential of
               reaching the pre-established targets. Consistently,    Collaboration in Marketing Programs
               Bank Mega is committed to always prioritizing          Throughout 2024, Bank Mega also collaborated with
               customer experience through various marketing          several parties, both domestically and internationally,
               programs and customer engagement, as well as           to provide excellent services for its customers. Among
               continuously enhancing digital marketing activities.   the collaborations were the Malaysia Healthcare
                                                                      Expo in Surabaya, a strategic partnership with IHH
               Based on a deep understanding of market segment        Healthcare Malaysia aimed at improving access to
               analysis and business competition in the banking       healthcare services and offering more options for
               industry, Bank Mega initiates its market penetration   receiving high-quality and easily accessible medical
               efforts by identifying trends and customer needs,      care in Malaysia, specifically targeted at MegaFirst
               and then adjusting the Bank’s products and services    customers. Additionally, Bank Mega partnered with
               as optimally as possible. Strengthened by a digital    Metro Department Store to organize the Elegance
               platform that has been continuously developed over     Fashion Show by SebastianRed, a special fashion
               the past few years, through the M-Smile application,   show for invited MegaFirst customers.
               Bank Mega’s marketing program aims to reach a
               broader market while also simplifying customer         Bank Mega Credit Card Marketing Programs
               transaction activities.                                The Mega Travel Fair is an annual event organized
                                                                      in collaboration with Antavaya, offering special
               In addition to updating the features of M-Smile        promotions for Bank Mega credit card users. Bank
               to continually enhance customer experience, in         Mega also has a unique program called “Bikin Jadi
               2024, Bank Mega also organized various marketing       Pertama” as an appreciation for the loyalty of
               programs tailored to customer segmentation             MegaFirst Infinite and Regular credit cardholders.
               and needs, with each segment having different          This program provides a customer experience where
               characteristics and requirements. In line with         cardholders can be the first to enjoy experiences
               the characteristics of each segment, marketing         based on their hobbies, including events like Mega
               campaigns were also conducted digitally, utilizing     Movie Nights or programs offering the opportunity
               social media platforms such as Instagram, Facebook,    to purchase various products at a special price of Rp1
               X, and TikTok. Some of the marketing programs held     using MPC Points.
               throughout 2024 include: Mega Super Deal, aimed
               at Mass Market customers who deposit starting
               from IDR 25 million; Multi-Currency Account Top
               Up, a special program offering a total return of up
               to 4.25% for USD placements; Mega Extra Reward
               for MegaFirst customers who make new deposits,
               with an offer of total return up to 6.3%; Meriah
               Bareng Mega, which has been consistently held for
               several consecutive years as a form of appreciation




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                 Bank Mega Tap To Pay                                     Digital Marketing
                 Bank Mega launched its new product, Bank Mega Tap        Bank Mega consistently keeps up with the
                 To Pay, in August 2024, with one of the events being     development of digital technology in the financial
                 a collaboration with MoJA OTW (On The Weekend).          and banking sectors and applies it in the Bank’s
                 During this event, customers were introduced to a        operations. Specifically for Bank Mega’s Digital
                 new, easy, and practical payment method—simply           Marketing, several new technologies have been
                 tap with your phone using Bank Mega Tap To Pay.          adopted, including Data Analytics, SEO (Search
                                                                          Engine Optimization) and SEM (Search Engine
                 Bank Mega’s marketing strategy also optimizes the        Marketing), Advertising and Paid Media, Social
                 bank’s competitive advantages as part of the CT          Media Management, Content Marketing, Customer
                 Corp Group. The bank collaborates with various           Relationship Management, Email Marketing and
                 companies within the CT Corp Group, allowing             Automation,    Marketing     Personalization     and
                 customers to enjoy various discounts and attractive      Automation, as well as the implementation of AI.
                 offers when making transactions using Bank Mega
                 debit or credit cards across all CT Corp business        AI technology will greatly assist in the development
                 units, including financial products, retail stores,      of Bank Mega’s products and marketing strategies,
                 entertainment products, and more.                        enabling the Bank to provide more personalized,
                                                                          efficient, and secure services to customers, improve
                 As part of the launch and marketing of Bank Mega         customer satisfaction, and open opportunities
                 Tap To Pay, the Mega Pop-Up Fresh Garden event           for new financial products and more innovative
                 was held, which was a food and beverage bazaar           marketing. The biggest challenge is ensuring that the
                 targeted at Bank Mega and CT Corp employees,             use of this technology can maintain customer trust
                 giving them the first experience of making payments      and comfort.
                 using Bank Mega Tap To Pay.
                                                                          Market Share
                                                                          An overview of Bank Mega’s market share can be
                                                                          found in the 2024 Performance section of this Annual
                                                                          Report, which outlines Bank Mega’s position in the
                                                                          Indonesian banking industry.




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                                                         Management
                                                         Analysis and
                                                         Discussion




               Financial
               Review




               Standards for Information Presentation                    was conducted by auditor Bimo Iman Santoso with
               and Compliance with Financial Accounting                  Public Accountant License No. AP.1298.
               Standards
               In accordance with the Financial Services Authority       KAP states that the financial statements present
               (OJK) Regulation No. 14/POJK.04/2022 concerning           fairly, in all material respects, the financial position
               the Submission of Periodic Reports by Issuers or          of PT Bank Mega Tbk. as of December 31, 2024, as
               Public Companies, PT Bank Mega Tbk. has submitted         well as its financial performance and cash flows for
               its Periodic Financial Report to the Financial Services   the year then ended, in accordance with Financial
               Authority and the Indonesia Stock Exchange, and           Accounting Standards in Indonesia.
               has published the Periodic Financial Report to the
               public. Specifically, the submission of the audited       The following Financial Review is based on the Bank
               financial report for the year 2024 to the Indonesia       Mega financial position report as of December 31,
               Stock Exchange was carried out on March 10, 2025.         2024, as well as the statement of profit or loss and
                                                                         other comprehensive income, and the statement of
               The Public Accounting Firm (KAP) Amir Abadi               cash flows for the year then ended, in accordance
               Jusuf, Aryanto, Mawar & Partners has completed the        with Financial Accounting Standards in Indonesia.
               audit of the financial statements as of December 31,
               2024, and has been signed by the Bank’s Board of
               Directors on February 7, 2025. The audit process




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                 FINANCIAL POSITION STATEMENT
                                                                                                                (Dinyatakan dalam Rp miliar)

                                                                                                                   Perubahan
                                                  Uraian                         2024           2023
                                                                                                             Nominal            (%)

                   Aset Keuangan                                                  126.474        123.464       3.010,00             2,44%

                   Aset Non Keuangan                                                 8.441          8.586      (145,00)           (1,69%)

                   Jumlah Aset                                                    134.915        132.050       2.865,00             2,17%

                   Liabilitas Keuangan                                            113.009        109.370       3.639,00             3,33%

                   Liabilitas Non Keuangan                                              724            924     (200,00)          (21,65%)

                   Jumlah Liabilitas                                              113.733        110.294       3.439,00             3,12%

                   Jumlah Ekuitas                                                  21.182         21.756       (574,00)           (2,64%)

                   Jumlah Liabilitas, dan Ekuitas                                 134.915        132.050       2.865,00             2,17%



                 In 2024, the Bank recorded total assets of IDR134.92         2023 to IDR724 billion in 2024, a decrease of 21.65%.
                 trillion. This amount represents an increase of 2.17%
                 compared to the previous year’s assets, which                The Bank’s equity in 2024 experienced a slight
                 amounted to IDR132.05 trillion. The increase was             decline. In 2024, the equity amounted to IDR21.18
                 primarily due to a rise in Financial Assets by 2.44%,        trillion, a decrease of 2.64% compared to IDR21.76
                 from IDR123.46 trillion in 2023 to IDR126.47 trillion in     trillion in 2023.
                 2024. Meanwhile, non-financial assets decreased to
                 IDR8.44 trillion in 2024, compared to IDR8.59 trillion       Financial Assets
                 the previous year, representing a decline of 1.69%.          In 2024, the Bank’s financial assets reached
                                                                              IDR126.47 trillion, representing an increase of 2.44%
                 On the liabilities side, the bank recorded IDR113.73         compared to IDR123.46 trillion in 2023. This increase
                 trillion. This amount is higher compared to the              was primarily due to the rise in net securities, which
                 previous year, which was IDR109.37 trillion. The 3.33%       grew to IDR49.50 trillion from IDR37.62 trillion in
                 increase was due to a rise in financial liabilities, which   the previous year, a 31.57% increase. The amount
                 increased from IDR109.37 trillion in the previous year       of current accounts at Bank Indonesia also saw an
                 to IDR113.01 trillion in 2024. On the other hand, non-       increase of 10.30%, from IDR6.82 trillion in 2023 to
                 financial liabilities decreased from IDR924 billion in       IDR7.53 trillion in 2024.


                                                                                                                   Perubahan
                                                  Uraian                         2024           2023
                                                                                                             Nominal            (%)

                   Kas                                                            873.509        855.222         18.287             2,14%

                   Giro pada Bank Indonesia                                      7.525.245      6.822.433      702.812            10,30%

                   Giro pada Bank Lain                                            953.206        644.673       308.533            47,86%

                   Penempatan pada Bank Indonesia dan Bank Lain - Neto            831.826       3.352.627    (2.520.801)         (75,19%)

                   Efek -efek - Neto                                            49.503.610     37.624.588    11.879.022           31,57%

                   Efek -efek yang dibeli dengan janji dijual kembali            1.389.981      7.215.441    (5.825.460)         (80,74%)

                   Tagihan Derivatif                                               48.734         20.974         27.760          132,35%

                   Kredit yang diberikan - Neto                                 63.980.404     65.688.080    (1.707.676)          (2,60%)

                   Tagihan Akseptasi - Neto                                          9.222               -        9.222                0%

                   Aset lain-lain                                                1.358.896      1.240.347      118.549              9,56%

                   Aset Keuangan                                               126.474.633    123.464.385     3.010.248             2,44%




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                                                         Analysis and
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               Cash                                                      Placements with Bank Indonesia and Other Banks
               The bank recorded an increase in cash in 2024             The bank recorded placements with other banks
               amounting to IDR873.51 billion. This amount               in 2024, netting IDR831.83 billion, compared to
               represents an increase of IDR18.29 billion or 2.14%       IDR3.35 trillion in 2023, representing a decrease of
               compared to IDR855.22 billion in the previous year.       75.19%. In 2024, placements with Bank Indonesia in
               The increase was influenced by the rise in foreign        Rupiah amounted to IDR509.93 billion, and in foreign
               currency from IDR116.59 billion in 2023 to IDR176.72      currency, it was the equivalent of IDR321.90 billion.
               billion in 2024, an increase of 51.57%. The foreign       In 2024, the bank did not have any placements with
               currencies that experienced a significant increase        other banks.
               were the US Dollar and the Singapore Dollar. The
               amount of cash in Rupiah decreased by 5.66%,              Securities
               amounting to IDR696.79 billion compared to                The bank’s net securities increased to IDR49.50
               IDR738.63 billion in 2023.                                trillion, a rise of 31.57% compared to IDR37.62
                                                                         trillion in 2023. This increase was influenced by the
               Current Accounts at Bank Indonesia                        rise in Rupiah-denominated securities measured
               The amount of current accounts at Bank Indonesia in       at fair value through other comprehensive income,
               2024 was IDR7.53 trillion, compared to IDR6.82 trillion   amounting to IDR45.86 trillion in 2024, compared to
               in 2023, an increase of 10.30%. The bank is required to   IDR35.34 trillion in 2023, or an increase of 29.77%.
               maintain a Minimum Reserve Requirement (GWM) in           These securities primarily consist of Government
               Rupiah for conducting its activities as a commercial      Bonds and Bank Indonesia Rupiah Securities (SRBI).
               bank, as well as GWM in foreign currencies for foreign    Management believes that the impairment loss
               exchange transactions.                                    reserves for 2024 and 2023 are adequate, as presented
                                                                         as part of equity under other comprehensive income.
               As of December 31, 2024, and 2023, the bank’s GWM
               complies with the regulations set by Bank Indonesia.      Securities Purchased Under Resale Agreements
                                                                         The bank recorded securities purchased under resale
               Current Accounts at Other Banks                           agreements in 2024 amounting to IDR1.39 trillion.
               The bank recorded net current accounts at other banks     In 2023, the value of these securities was IDR7.22
               amounting to IDR953.21 billion, which represents an       trillion, representing a decrease of 80.74%.
               increase of 47.86% from IDR644.67 billion in 2023.
               The current accounts at other third-party banks in        As of December 31, 2024, and 2023, management
               Rupiah amounted to IDR19.84 billion, compared to          believes there has been no impairment in the
               IDR39.88 billion in 2023, a decrease of 50.25%. The       securities purchased under resale agreements, and
               foreign currency current accounts at other third-         therefore, no impairment loss reserve has been
               party banks in 2024 amounted to IDR935.19 billion,        recognized. All securities purchased under resale
               an increase of 54.35% compared to IDR605.89 billion       agreements as of December 31, 2024, and 2023, are
               in 2023. A significant increase occurred in the US        classified as current.
               Dollar, which rose from IDR389.19 billion in 2023 to
               IDR719.28 billion in 2024, an increase of 84.81%. The     Derivative Receivables
               majority of the current accounts in Rupiah at other       The derivative receivables recorded by the Bank
               banks are placed in Bank BCA, while foreign currency      in 2024 amounted to IDR48.73 billion. In 2023, the
               accounts are placed, among others, in Citibank N.A.       amount was IDR20.97 billion, representing an increase
               Indonesia and Standard Chartered Bank, New York.          of 132.35%. Some of the derivative transactions
               All current accounts at other banks as of December        conducted by the bank include foreign exchange-
               31, 2024, and 2023 are classified as current.             related derivative transactions such as Swaps, Spot-
                                                                         Buy, Spot-Sell, Forward-Buy, and Forward-Sell.




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                 Management believes that the provision for                          trillion, which is a decrease of 7.85% compared to
                 impairment losses as of December 31, 2024, and                      the amount disbursed in 2023, which was IDR54.15
                 2023, is not necessary. All derivative receivables as               trillion.
                 of December 31, 2024, and 2023, are classified as
                 current.                                                            In terms of loan types, investment loans still
                                                                                     contribute the largest share compared to all loans
                 Loans Provided – Net                                                provided, with a share of 67.76% in 2024 and 69.78%
                 The Bank disbursed net loans amounting to IDR63.98                  in 2023. The Bank also collaborates with other banks
                 trillion in 2024. This represents a decrease of 2.60%               in providing syndicated loans. In 2024, the Bank
                 compared to the loan disbursement of IDR65.69                       provided syndicated loans totaling IDR4.96 trillion,
                 trillion in 2023. This decline is partly influenced by              compared to IDR4.02 trillion in 2023. The Bank
                 the decrease in the amount of gross loans in Rupiah                 reported a loan ratio to Micro, Small, and Medium
                 disbursed to third parties. In 2024, the Bank provided              Enterprises (MSMEs) of 14.61% and 18.07% for 2024
                 loans in Rupiah to third parties totaling IDR49.90                  and 2023, respectively.




                 Kredit yang Diberikan                                               Kredit yang Diberikan
                 (%)                                                                 (%)


                 18,07%                                                              14,61%




                   12,15%
                                    2023                                             17,63%
                                                                                                      2024
                                                                Kredit Investasi                                               Kredit Investasi
                                                                Kredit Sindikasi                                               Kredit Sindikasi
                                                                Kredit kepada                                                  Kredit kepada
                                                                Usaha Mikro, Kecil                                             Usaha Mikro, Kecil
                                                                dan Menengah                                                   dan Menengah
                                                      69,78%    (UMKM)                                                67,76%   (UMKM)




                 As of December 31, 2024, and 2023, there were no                    Other Assets
                 violations or exceedances of the Maximum Credit                     In 2024, the bank recorded other financial assets
                 Limit (BMPK) to related parties or third parties.                   amounting to IDR1.36 trillion, an increase of IDR118.55
                                                                                     billion or 9.56% compared to IDR1.24 trillion in 2023.
                 Acceptance Receivables – Net                                        Other assets categorized as financial assets include
                 The bank recorded net acceptance receivables of                     lease receivables, interest receivables, and collateral
                 IDR9.22 billion. In 2023, the bank did not record any               deposits.
                 acceptance receivables.

                 Management states that the impairment loss reserve
                 is adequate for 2024. All acceptance receivables as
                 of December 31, 2024, are classified as current.




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               Non-Financial Assets
               The bank recorded a decrease in non-financial assets to IDR8.44 trillion in 2024, a decline compared to IDR8.59
               trillion in 2023. This represents a decrease of 1.68%.

                                                                                                                (Expressed in millions of Rupiah)

                                                                                                                       Perubahan
                                             Uraian                               2024           2023
                                                                                                               Nominal               (%)

                Aset tetap dan hak guna - neto                                    6.074.013      6.197.758        (123.745)            (2,00%)

                Aset lain-lain - Neto                                             2.261.306      2.387.448        (126.142)            (5,28%)

                Pajak ditangguhkan-Neto                                             105.542              -         105.542                  0%

                Aset Non Keuangan                                                 8.440.861      8.585.206       (144.345)             (1,68%)


               Fixed Assets and Right-of-Use Assets (Net)                      Deferred Tax Assets – Net
               The bank’s fixed assets and right-of-use assets (net)           The value of the deferred tax assets - net account
               decreased to IDR6.07 trillion in 2024, down from                in 2024 was IDR105.54 billion, whereas in 2023, the
               IDR6.20 trillion in 2023. This was due to an increase in        bank did not record any deferred tax assets - net.
               accumulated depreciation, which rose from IDR1.92
               trillion in 2023 to IDR2.13 trillion in 2024.                   Financial Liabilities
               Other Assets – Net                                              The bank recorded an increase in financial liabilities
                                                                               in 2024 to IDR113.01 trillion. In 2023, the amount
               The bank’s other assets, which are included in the              was IDR109.37 trillion. This represents an increase
               non-financial assets category, consist of advances,             of 3.33%. The increase was partly due to a rise in
               foreclosed collateral, securities sale receivables,             customer deposits by 2.50%, from IDR89.44 trillion
               credit card transaction receivables, prepaid expenses,          in 2023 to IDR91.67 trillion in 2024. Additionally,
               and others. In 2024, the value of these accounts was            the amount of loans received also increased from
               IDR2.26 trillion, a decrease of 5.28% compared to               IDR2.91 trillion in the previous year to IDR3.99 trillion,
               IDR2.39 trillion in 2023.                                       a 37.07% increase in 2024.


                                                                                                                (Expressed in millions of Rupiah)

                                                                                                                       Perubahan
                                             Uraian                               2024           2023
                                                                                                               Nominal               (%)

                Liabilitas segera                                                   179,318        296,179        (116,861)           (39.46%)

                Simpanan dari nasabah                                            91,669,297     89,435,750       2,233,547              2.50%

                Simpanan dari bank lain                                           3,833,032      3,872,596         (39,564)            (1.02%)

                Efek-efek yang dijual dengan janji dibeli kembali                12,947,188     12,573,231         373,957              2.97%

                Liabilitas derivatif                                                121,059         18,931         102,128            539.47%

                Pinjaman yang diterima                                            3,987,600      2,909,228       1,078,372             37.07%

                Utang akseptasi                                                       9,234              -            9,234             0.00%

                Obligasi subordinasi                                                 50,000         50,000                 -            0.00%

                Liabilitas lain-lain                                                212,220        214,178          (1,958)            (0.91%)

                Liabilitas keuangan                                             113,008,948    109,370,093       3,638,855              3.33%



               Current Liabilities                                             Customer Deposits
               Current liabilities showed a decrease of 39.46%,                Customer deposits or third-party funds (DPK) at the
               falling to IDR179.32 billion in 2024 from IDR296.18             bank increased in 2024. The bank recorded customer
               billion in 2023. Current liabilities mainly consist of          deposits of IDR91.67 trillion in 2024, an increase of
               clearing transactions or customer transfers that have           2.50% compared to IDR89.44 trillion in 2023. The
               not been settled and tax payment deposits that                  increase was mainly in savings, as well as in current
               have not been transferred to the Treasury and State             accounts and deposits. The bank’s deposits increased
               Cash Account (KPKN) in connection with the bank’s               from IDR63.65 trillion in the previous year to IDR64.10
               operations as a Perception Bank.




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                 trillion in 2024. The contribution of deposits to total     All derivative liabilities as of December 31, 2024, and
                 customer deposits in 2024 was 69.92%, slightly              2023 are classified as current.
                 decreasing compared to 71.17% in 2023.
                                                                             Loans Received
                 Deposits from Other Banks                                   The bank recorded an increase in loans received
                 The bank recorded deposits from other banks                 in 2024 by 37.07%, from IDR2.91 trillion in 2023 to
                 amounting to IDR3.83 trillion in 2024, a decrease of        IDR3.99 trillion in 2024. This increase was influenced
                 IDR39.56 billion from IDR3.87 trillion in the previous      by the rise in loans received in Rupiah, which
                 year. This decline was due to a decrease in deposits        amounted to IDR2.70 trillion in 2024, compared to
                 from other banks in foreign currency, which dropped         IDR1.00 trillion in 2023. Thus, there was an increase
                 to IDR387.55 billion in 2024 from IDR461.36 billion in      of 170.00%.
                 the previous year, while deposits from other banks
                 in Rupiah increased to IDR3.45 trillion in 2024 from        Acceptance Debt
                 IDR3.41 trillion in 2023.                                   In 2024, the bank reported acceptance debt of
                                                                             IDR9.23 billion. In 2023, the bank had no acceptance
                 Securities Sold with Repurchase Agreements                  debt.
                 Securities sold with repurchase agreements increased
                 by IDR373.96 billion or 2.97%, from IDR12.57 trillion in    Subordinated Bonds – Net
                 2023 to IDR12.95 trillion in 2024. These transactions       The bank issued subordinated bonds amounting
                 were conducted by the bank with PT Allo Bank                to IDR50.00 billion in 2020 with a 5-year tenor,
                 Indonesia Tbk, PT Bank Pan Indonesia Tbk, PT Bank           which will mature on May 28, 2025. The issuance of
                 HSBC, PT Bank Nagari, PT Bank Digital BCA, PT Bank          these subordinated bonds was to comply with the
                 Rakyat Indonesia (Persero) Tbk, and Bank Indonesia          provisions of OJK Regulation No. 14/POJK.03/2017
                 as counterparties.                                          dated April 4, 2017, regarding the Recovery Plan for
                                                                             Systemic Banks.
                 Derivative Liabilities
                 In 2024, the bank recorded derivative liabilities of        Other Liabilities
                 IDR121.06 billion. This amount increased by 539.47%         This account consists of interest payables and
                 compared to IDR18.93 billion in 2023. The increase is       security deposits. In 2024, the total value of these
                 in line with the rise in derivative receivables in 2024.    accounts was IDR212.20 billion, a decrease of 0.91%
                                                                             compared to IDR214.18 billion in 2023.



                 Non-financial Liabilities

                                                                                                              (Dinyatakan dalam Rp miliar)

                                                                                                                 Perubahan
                                                Uraian                          2024          2023
                                                                                                           Nominal            (%)

                   Utang pajak penghasilan                                        222.064       138.535        83.529           60,29%

                   Liabilitas pajak tangguhan - neto                                    -       156.812      (156.812)        (100,00%)

                   Liabilitas imbalan pasca-kerja                                 296.414       277.530        18.884             6,80%

                   Beban yang masih harus dibayar dan liabilitas lain-lain        205.867       351.178      (145.311)         (41,38%)

                   Liabilitas Non Keuangan                                        724.345       924.055      (199.710)         (21,61%)




                 Non-financial liabilities decreased in 2024 to IDR724.35 billion from IDR924.06 billion in the previous year. This
                 decrease was partly due to a 41.38% reduction in accrued expenses and other items. In 2024, the amount in this
                 account was IDR205.87 billion, whereas in 2023, it was IDR351.18 billion.




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               In addition, the Bank did not record deferred tax             Post-Employment Benefit Liabilities
               liabilities - net in 2024, while in 2023 the amount was       In calculating post-employment benefits, the bank
               IDR156.81 billion. This is because in 2024, the bank          uses an independent actuary. The amount of post-
               recorded it as deferred tax assets – net.                     employment benefits in 2024 was IDR296.41 billion,
                                                                             while in the previous year, it was IDR277.53 billion, an
               Income tax payables                                           increase of 6.80%.
               The amount of income tax payable in 2024 was
               IDR222.06 billion, representing an increase of                Accrued Expenses and Other Liabilities
               60.29% compared to the position in 2023, which was            This account consists of obligations for the
               IDR138.54 billion.                                            purchase of securities, lease liabilities, accrued
                                                                             expenses, estimated losses from commitments and
               Deferred Tax Liabilities – Net                                contingencies, and others. This account decreased by
               The bank did not record deferred tax liabilities -            IDR145.31 billion in 2024, primarily due to a decrease
               net in 2024. The value of this account in 2023 was            in the obligation for the purchase of securities
               IDR156.81 billion.                                            amounting to IDR121.93 billion.



               STATEMENT OF PROFIT AND LOSS AND OTHER COMPREHENSIVE INCOME
                                                                                                              (Expressed in millions of Rupiah)

                                                                                                                     Perubahan
                                             Uraian                             2024           2023
                                                                                                             Nominal               (%)

                Pendapatan bunga                                               10.289.306     10.217.532          71.774              0,70%

                Beban bunga                                                    (5.189.567)    (4.685.387)       (504.180)            10,76%

                Pendapatan bunga-neto                                           5.099.739      5.532.145        (432.406)             -7,82%

                Pendapatan operasional lainnya                                  1.815.356      2.288.030        (472.674)           -20,66%

                Beban operasional lainnya                                      (3.683.877)    (3.487.697)       (196.180)             5,62%

                Pendapatan operasional bersih                                   3.231.218      4.332.478      (1.101.260)           -25,42%

                Pendapatan (beban) non operasional - bersih                        25.688         10.251          15.437            150,59%

                Laba sebelum pajak penghasilan                                  3.256.906      4.342.729      (1.085.823)           -25,00%

                Beban pajak penghasilan                                          (625.852)      (832.059)        206.207            -24,78%

                Laba bersih tahun berjalan                                      2.631.054      3.510.670        (879.616)           -25,06%

                Penghasilan komprehensif lain                                    (746.876)       447.911      (1.194.787)          -266,75%

                Total laba komprehensif tahun berjalan                          1.884.178      3.958.581      (2.074.403)           -52,40%

                Laba per saham dasar/dilusian (nilai penuh)                            224            299             (75)          -25,08%



               Interest Income
               The interest income recorded by Bank Mega in 2024 increased by 0.70%. This year, the income achieved was
               IDR10.29 trillion, compared to IDR10.22 trillion in 2023.

               Interest income from loans provided the largest contribution, accounting for 69.97% of total interest income,
               followed by income from securities, which contributed 28.39%.




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                 Komposisi Pendapatan Bunga 2023                                       Komposisi Pendapatan Bunga 2024
                 (%)                                                                   (%)

                               0,03%                                                             0,03%
                       1,28%                                                             1,60%

                                                      75,35%                                                             69,97%

                  23,34%


                                       2023                    Kredit yang diberikan
                                                                                       28,40%
                                                                                                         2024                     Kredit yang diberikan
                                                               Efek-efe                                                           Efek-efe
                                                               Penempatan pada                                                    Penempatan pada
                                                               BI dan bank lain                                                   BI dan bank lain
                                                               Lain-lain                                                          Lain-lain

                                                           Sumber: Bank Mega                                                  Sumber: Bank Mega




                 Interest Expense                                                      Other Operating Expenses
                 In 2024, Bank Mega recorded an increase in interest                   In 2024, the bank recorded other operating expenses
                 expense of 10.76%, from IDR4.69 trillion in the                       of IDR3.68 trillion, reflecting an increase of 5.62%
                 previous year to IDR5.19 trillion in 2024. The increase               compared to IDR3.49 trillion in 2023. This increase
                 in interest expense was primarily due to the rise in                  was primarily due to higher general and administrative
                 interest expense on deposits from other banks, which                  expenses, which rose by IDR238.11 billion, mainly
                 increased by IDR464 billion, and interest expense on                  related to payments for the settlement of the legal
                 customer deposits, which also rose by IDR65 billion.                  case of PT Elnusa, amounting to IDR197.43 billion.
                 This increase was partly due to higher interest rates
                 in the banking sector.                                                Net Operating Income
                                                                                       Taking into account the interest income, other
                 The composition of interest expense on customer                       operating income, and other operating expenses as
                 deposits was dominated by deposit interest in 2024,                   discussed above, the bank recorded net operating
                 accounting for 65.30% of total interest expense,                      income of IDR3.23 trillion in 2024. This income
                 while in 2023, it was 73.58%.                                         represents a decrease of 25.42% compared to the
                                                                                       achievement of IDR4.33 trillion in 2023.
                 Interest Income – Net
                 The higher increase in interest expense compared to                   Profit Before Income Tax
                 interest income resulted in a decrease in net interest                Taking into account net non-operating income of
                 income by IDR432.41 billion or 7.82%, falling to                      IDR25.69 billion in 2024, the bank’s profit before
                 IDR5.10 trillion in 2024 from IDR5.53 trillion in 2023.               tax amounted to IDR3.26 trillion in 2024. This
                                                                                       achievement is IDR1.09 trillion lower compared to
                 Other Operating Income                                                IDR4.34 trillion in the previous year.
                 The bank recorded other operating income of
                 IDR1.82 trillion in 2024, compared to IDR2.29 trillion                Profit for the Year
                 in 2023, representing a decrease of 20.66%. The                       The bank’s net profit in 2024 was IDR2.63 trillion. This
                 decrease in total other operating income was due to                   amount is 25.06% lower compared to the previous
                 a reduction in net gains from the sale of securities,                 year, which was IDR3.51 trillion.
                 which decreased from IDR535.37 billion in 2023 to
                 IDR70.47 billion in 2024, a decrease of IDR464.90                     Total Comprehensive Income for the Year
                 billion. Meanwhile, fees and commission income                        The bank recorded total comprehensive income of
                 increased by 1.50%, from IDR1.67 trillion in 2023 to                  IDR1.88 trillion in 2024, a decrease of IDR2.08 trillion
                 IDR1.70 trillion in 2024.                                             or 52.40% compared to IDR3.96 trillion in 2023




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               CASH FLOWS
                                                                                                               (Expressed in millions of Rupiah)

                                                                                                                      Perubahan
                                             Uraian                              2024           2023
                                                                                                              Nominal               (%)

                Arus kas bersih (digunakan untuk)/diperoleh dari aktivitas      15.463.034    (10.338.799)     25.801.833          (249,56%)
                operasi

                Arus kas bersih (didunakan untuk)/diperoleh dari aktivitas     (15.577.066)     4.289.311     (19.866.377)         (463,16%)
                investasi

                Arus kas bersih digunakan untuk aktivitas pendanaan             (1.379.527)    (1.787.532)        408.005            (22,83%)

                (Penurunan)/kenaikan bersih kas dan setara kas                  (1.493.559)    (7.837.020)      6.343.461            (80,94%)

                Kas dan setara kas awal tahun                                   11.679.531     19.516.551      (7.837.020)           (40,16%)

                Kas dan setara kas akhir tahun                                  10.185.972     11.679.531      (1.493.559)           (12,79%)



               Cash Flows from Operating Activities                           Cash Flows from Financing Activities
               The net cash flows generated from operating                    In 2024, the bank recorded cash used for financing
               activities in 2024 amounted to IDR15.46 trillion. These        activities amounting to IDR1.38 trillion. Cash inflows
               receipts were mainly obtained from cash inflows from           came from loans received totaling IDR2.49 trillion.
               interest income of IDR10.10 trillion and securities            Meanwhile, cash outflows were used for loan
               sold under repurchase agreements amounting to                  repayments and cash dividend payments, each
               IDR5.83 trillion. Meanwhile, cash outflows were used           amounting to IDR1.41 trillion and IDR2.46 trillion,
               for interest payments and other expenses totaling              respectively.
               IDR5.20 trillion.
                                                                              Cash and Cash Equivalents at Year-End
               Cash Flows from Investing Activities                           Taking into account the cash and cash equivalents
               The use of cash for investing activities in 2024 was           at the beginning of the year, which amounted to
               IDR15.58 trillion. The majority of the cash was used           IDR11.68 trillion, the total cash and cash equivalents
               for payments related to financial assets measured              recorded by the bank at the end of 2024 were
               at fair value through other comprehensive income               IDR10.19 trillion.
               and proceeds from the sale of fixed assets, which
               totaled IDR19.68 trillion. Meanwhile, cash inflows
               were obtained from receipts from the sale of
               financial assets measured at fair value through other
               comprehensive income and fixed assets, amounting
               to IDR4.10 trillion.




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                 The Main
                 Financial Ratios


                 The Bank’s performance in 2024 can be assessed based on the financial ratios presented in the table below.

                                                                                                                   2024          2023

                   Capital

                   Capital Adequacy Ratio (CAR)                                                                       25.77%        26.17%

                   Tier 1 ratio                                                                                       25.09%        25.40%

                   Tier 2 ratio                                                                                        0.68%         0.76%

                   CET 1                                                                                              25.09%        25.40%

                   Earning Assets

                   Non-Performing Earning Assets and Non-Productive Assets to Total Earnings and Non Productive        2.07%         1.58%
                   Assets

                   Non-Performing Earning Assets to Total productive Assets                                            1.01%         0.99%

                   Allowance for Impairment Losses for Financial Assets to Productive Assets                           0.60%         0.56%

                   Non-Performing Loans (NPL) - Gross                                                                  1.69%         1.57%

                   Non-Performing Loans (NPL) - Net                                                                    1.22%         1.18%

                   Rentability

                   Return On (ROA)                                                                                     2.56%         3.47%

                   Return On Equity (ROE)                                                                             13.62%        17.62%

                   Net Interest Margin (NIM)                                                                           4.64%         5.21%

                   Operating Expense to Operating Income (BOPO)                                                       73.61%        65.60%

                   Cost to Income Ratio (CIR)                                                                         51.13%        42.74%

                   Liquidity

                   Loan to Deposit ratio (LDR)                                                                        70.34%        74.03%

                   Compliance

                   a. Percentage of Violation of Legal Lending Limit

                      a.1.   Related Parties                                                                           0.00%         0.00%

                      a.2. Third Parties                                                                               0.00%         0.00%

                   b. Percentage of Excess of Legal Lending Limit

                      b.1. Related Parties                                                                             0.00%         0.00%

                      b.2. Third Parties                                                                               0.00%         0.00%

                   GWM

                   GWM Primary Rupiah

                   Daily                                                                                               0.00%         0.00%

                   Average                                                                                             7.95%         6.88%

                   GWM Foreign Currency (daily)                                                                        4.12%         4.05%

                   Net Open Position                                                                                   0.34%         0.75%




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                                                           Management
                                                           Analysis and
                                                           Discussion




               ABILITY TO PAY DEBTS                                         for the Bank’s third-party funds in Rupiah was
                                                                            7.95%, and for foreign currencies, it was 4.12%. In
               In 2024, PT Pefindo gave Bank a rating of idAA-/             accordance with Bank Indonesia regulations, the
               stable outlook. This rating reflects that the Bank has       Bank’s GWM ratio for Rupiah, after considering the
               a good ability to meet its obligations.                      incentive, is 7.90%, and for foreign currencies, it is
                                                                            4.00%. Therefore, the Bank has complied with Bank
               The following is an explanation from PT Pefindo              Indonesia’s regulations.
               regarding this rating:
                                                                            Ability to Pay Long-term Debt
               An obligor with an idAA rating has only a slight             The ratio used to assess the Bank’s ability to meet
               difference from the highest rating given, and has a          its long-term obligations (solvency) can be seen
               very strong ability to meet its long-term financial          from the capital adequacy ratio, also known as the
               commitments compared to other Indonesian                     Capital Adequacy Ratio (CAR). In 2024, the Bank’s
               obligors. The minus sign (-) indicates that the rating       CAR was 25.77%. This ratio indicates that the Bank
               given is relatively weak and below the average of the        has adequate solvency. The Bank’s CAR has also met
               relevant category.                                           the minimum requirements set by the regulator.

               Short-term debt repayment ability                            Profitability
               The Bank’s ability to meet its short-term obligations        Profitability is the ability of a company to generate
               can be seen from the Minimum Reserve Requirement             profit or earnings over a certain period. As an
               (GWM) ratio. GWM is the amount of funds that the             indicator of profitability, the Bank uses the Return
               Bank must maintain in the form of a current account          on Assets (ROA), Return on Equity (ROE), and Net
               balance at Bank Indonesia. In 2024, the GWM ratio            Interest Margin (NIM) ratios. For the year 2024, these
                                                                            ratios can be seen in the table above.



               CREDIT COLLECTABILITY LEVEL AND ANALYSIS OF PRODUCTIVE ASSET QUALITY

               Credit based on collectability
                                                                                                             (Expressed in millions of Rupiah)

                                                                                                                      Change
                                        Description                            2024           2023
                                                                                                            Nominal               (%)

                Current                                                       54,836,923     62,242,236      (7,405,313)           (11.90%)

                Special Mention                                                8,728,172      3,020,302       5,707,870            188.98%

                Substandard                                                       69,158         79,162         (10,004)           (12.64%)

                Doubtful                                                        118,971         203,301         (84,330)           (41.48%)

                Loss                                                            901,428         759,717         141,711             18.65%

                Jumlah                                                        64,654,652     66,304,718      (1,650,066)            (2.49%)




               In 2024, Bank Mega’s achievement in distributing             Bank Mega will consistently monitor the quality of
               credit was IDR 64.65 trillion. This figure decreased by      the credit disbursed as part of its risk management.
               2.49% compared to the achievement in 2023, which             The bank will also diversify its credit portfolio by
               was IDR 66.30 trillion.                                      channeling credit to sectors with good quality, in line
                                                                            with the macroeconomic conditions.
               From the total credit disbursed in 2024, credit
               categorized as substandard, doubtful, and non-
               performing (also known as Non-Performing Loans or
               NPL) amounted to IDR 1.09 trillion, or 1.69% of the
               total credit disbursed. In 2023, the NPL amount was
               IDR 1.04 trillion, or 1.57% of the total credit disbursed.




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                 Credit Restructurization Based on Collectability

                                                                                                        (Expressed in millions of Rupiah)

                                                                                                                 Change
                                           Description                       2024          2023
                                                                                                       Nominal               (%)

                   Current                                                     852,455     1,181,780      (329,325)              (0.28)

                   Special Mention                                           1,450,580     1,613,175      (162,595)              (0.10)

                   Substandard                                                  10,784       30,775        (19,991)              (0.65)

                   Doubtful                                                     19,312      107,386        (88,074)              (0.82)

                   Loss                                                        594,786      468,197        126,589                 0.27

                   Jumlah                                                    2,927,917     3,401,313     (473,396)               (0.14)



                 In 2024, the credit restructuring booked by Bank Mega amounted to IDR 2.93 trillion. This figure decreased by
                 0.14% compared to the previous year, which was IDR 3.40 trillion. The decline was partly due to the settlement
                 of credit.

                 Bank Mega has, and will continue to, implement strict debtor monitoring efforts for restructured debtors.




                 Base
                 Lending Rate

                 Bank Mega regularly reports and publishes the Base       and the development of the economic conditions.
                 Lending Rate (SBDK) in Rupiah currency applicable        The calculation of the SBDK does not yet include
                 at the Bank. Since October 2024, the reporting and       the risk premium component, which depends on
                 publication of the SBDK have been carried out in         the Bank’s assessment of the risk of each debtor or
                 accordance with the Financial Services Authority         debtor group. Therefore, the interest rate charged
                 (OJK) Regulation (POJK) No. 13 of 2024, dated July       to debtors may not necessarily be the same as the
                 30, 2024, regarding Transparency and Publication         SBDK.
                 of Base Lending Rates for Conventional Commercial
                 Banks. Previously, the publication of the SBDK report    In accordance with POJK No. 13, Bank Mega reports
                 was calculated based on POJK No. 37/POJK.03/2019         the calculation of the Base Lending Rate (SBDK) to
                 concerning Transparency and Publication of               the Financial Services Authority (OJK) on a monthly
                 Bank Reports and OJK Circular Letter No. 9/              basis. Additionally, the Bank is required to announce
                 SEOJK.03/2020 on Transparency and Publication of         the latest SBDK publication report through the Bank
                 Reports for Conventional Commercial Banks.               Mega website and every Bank Mega branch office.
                                                                          Furthermore, the Bank is also obligated to announce
                 The Base Lending Rate (SBDK) serves as the basis         it through digital channels/electronic media owned
                 for determining the interest rates charged to debtors.   by Bank Mega. The SBDK Publication Report is
                 In line with this, the Bank continuously updates the     presented based on the type of credit, which includes:
                 SBDK in accordance with the movements in the BI          1. Non-SME Credit
                 Rate set by Bank Indonesia. The calculation of the            a. Corporate credit
                 SBDK considers the following factors: the Cost of             b. Retail credit
                 Funds for Credit arising from customer fund-raising      2. SME Credit
                 activities, overhead costs incurred for fund-raising          a. Medium credit
                 and credit distribution activities, the profit margin         b. Small credit
                 component set by the Bank in credit distribution,             c. Micro credit



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                                                         Management
                                                         Analysis and
                                                         Discussion




               3.   Home Ownership Credit (KPR) or Apartment Ownership Credit (KPA)
               4.   Non-KPR or Non-KPA credit




               Base Lending Rate 2024 per Quarters

                                                        Suku Bunga Dasar Kredit Rupiah (Prime Lending Rate)
                                                                       Berdasarkan Jenis Kredit
                Periode Data        Kredit Non UMKM                        Kredit UMKM                                        Non KPR/Non
                                                                                                               KPR/KPA
                                 Korporasi      Ritel       Menengah           Kecil              Mikro                           KPA


                2024

                Maret             10.29%       10.54%              -                -                  -         10.60%             9.60%

                Juni              10.29%       10.53%              -                -                  -         10.61%             9.60%

                September           9.83%      10.25%         10.25%            NA                 NA            11.04%             9.50%

                Desember          10.43%       11.48%         11.55%          12.89%             10.97%          10.98%            10.91%

                2023

                Desember          10.29%       10.56%          -                -                  -             10.62%             9.53%




               Capital Structure and Management
               Policy on Capital Structure

               Basis for Management Policy on Capital                         Capital Structure
               Structure                                                      Based on POJK No. 11/POJK/03/2016 regarding
               In managing its capital, the Bank is required to               the Minimum Capital Requirements for Commercial
               maintain and strengthen its capital position to support        Banks, as last amended by POJK No. 27 of 2022, the
               business growth and maintain the trust of investors,           Bank divides its capital into two (2) parts, which are:
               depositors, customers, and the market, as reflected            1. Tier 1 Capital, which includes Common Equity
               in the implementation of POJK No. 11/POJK/03/2016                  Tier 1 (CET1) and Additional Tier 1 (AT1) capital.
               regarding the Minimum Capital Requirements for                 2. Tier 2 Capital.
               Commercial Banks, as last amended by POJK No.
               27 of 2022. The Bank has taken this regulation                 Capital Structure Policy
               into account when evaluating and managing its                  In the context of calculating capital adequacy, the
               capital adequacy. The Bank’s implementation of this            Bank is required to calculate Risk-Weighted Assets
               regulation is proof of its commitment to maintaining           (RWA) for Operational, Market, and Credit risks as
               a strong and resilient capital structure, in line with         components in the calculation of Minimum Capital
               regulatory requirements and industry best practices.           Adequacy Ratio (CAR). To calculate the capital
                                                                              charge and RWA for operational risk, the Bank has
                                                                              currently implemented the Standardized Approach
                                                                              (SA) method in accordance with SEOJK No. 6/
                                                                              SEOJK.03/2020.




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                 Additionally, the Bank has conducted two trial runs      In the calculation of RWA for Credit Risk, the
                 to calculate the capital charge for operational risk     preparation and calculation of RWA refer to SEOJK
                 using the Standardized Approach in accordance with       No. 24/SEOJK.03/2021 regarding the Calculation
                 the provisions of SEOJK No. 06/SEOJK/03/2020             of Risk-Weighted Assets for Credit Risk using the
                 regarding the Calculation of Risk-Weighted Assets        Standardized Approach, which has adopted the
                 (RWA) for Operational Risk using the Standardized        Basel 3 reforms.
                 Approach, which was effectively implemented in
                 January 2023.                                            The Bank’s obligation to provide minimum capital in
                                                                          accordance with its risk profile, as regulated in POJK
                 For the calculation of RWA for Market Risk, the Bank     No. 11/POJK/03/2016 regarding the Obligation of
                 uses the Standardized Approach (Standardized             Minimum Capital Provision for Commercial Banks as
                 Approach) referring to SEOJK No. 23/SEOJK.03/2022        amended by POJK No. 27 of 2022, is as follows:
                 regarding the Calculation of Risk-Weighted Assets        a. 8% of RWA for banks with a risk profile rating of
                 for Market Risk for Commercial Banks.                        1;
                                                                          b. 9% to less than 10% of RWA for banks with a risk
                                                                              profile rating of 2;
                                                                          c. 10% to less than 11% of RWA for banks with a risk
                                                                              profile rating of 3;
                                                                          d. 11% to 14% of RWA for banks with a risk profile
                                                                              rating of 4 or 5.




                 Material Commitments for
                 Capital Expenditure


                 Bank Mega has no material commitments for capital        3.   The source of funds allocated to fulfill the
                 expenditure in the fiscal year 2023. Therefore, the           commitment;
                 Bank does not present information related to this,       4.   The currency denomination in the commitment;
                 including the following:                                      and
                 1. The name of the party making the commitment;          5.   The steps planned by the Bank to hedge the risk
                 2. The purpose of the commitment;                             of foreign exchange positions related to it.




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                                                       Management
                                                       Analysis and
                                                       Discussion




               Realization of Capital
               Expenditure


               Capital Expenditure                                    Purpose of Capital Expenditure
               Bank Mega makes capital investments every year,        Bank Mega makes capital investments to support
               which involve spending funds to purchase a number      and enhance the overall operational activities of the
               of assets or investments expected to provide value     Bank.
               and benefits in the future.
                                                                      Types and Value of Capital Expenditure
                                                                      The types and values of capital expenditure are
                                                                      presented in the following table:


               Type and Value of Capital Expenditure
                                                                                                       (Expressed in millions of Rupiah)

                                                                                              Capital Goods Investment Value
                                                Jenis Capex
                                                                                                  2024                   2023
                Land                                                                                         -                  9,003

                Building                                                                                     -                    400

                Office equipment                                                                      118.393                  68,708

                Furniture and fixtures                                                                   4.896                  4,080

                Vehicle                                                                                      -                  2,477

                Building improvements                                                                    2.532                  5,954

                Construction in progress                                                               47.725                  19,522

                Right of use of assets                                                                 15.562                  36,763

                Total                                                                                 189.108                146,907




               Material Information and Material
               Information Subsequent Events

               The Bank reported there was no material fact and information happened after accounting report date.




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                 Dividend Policy
                 and Its Distribution
                 Dividend Policy                                                    3.   The dividend distribution plan is based on
                 Bank Mega applies a dividend policy based on                            fulfilling the rights of shareholders, prioritizing
                 the Company’s Articles of Association, taking                           the interests of the Bank, and is included in the
                 into account the Prospectus of the Initial Public                       Bank’s Business Plan (RBB).
                 Offering (IPO) conducted by the Bank, as well as                   4.   In the event the GMS approves the distribution of
                 the OJK regulations as outlined in POJK No. 17 of                       cash dividends, the Bank is required to make the
                 2023 regarding the implementation of corporate                          cash dividend payment to eligible shareholders
                 governance for commercial banks.                                        no later than 30 (thirty) calendar days after the
                                                                                         announcement/publication of the summary of
                 Furthermore, Bank Mega implements the Dividend                          the GMS minutes and ensure equal treatment
                 Policy in accordance with SK Number 128/DIRBM/23                        for all eligible shareholders in accordance with
                 to ensure the principles of Good Corporate                              applicable regulations.
                 Governance in the distribution of dividends. Bank
                 Mega’s Dividend Policy regulates, among other                      Schedule and Procedures for Cash Dividend
                 things:                                                            Payment for the 2023 Financial Year
                 1. The proposal for dividend distribution is decided               In accordance with the resolution of the General
                     in a Joint Meeting of the Board of Commissioners               Meeting of Shareholders (GMS) of Bank Mega
                     and the Board of Directors.                                    on March 1, 2024, during the second agenda of
                 2. The amount of cash dividend to be given is at                   the meeting, it was decided that a cash dividend
                     least 20% (twenty percent) of the net profit                   payment from the Company’s net profit for the
                     for the financial year, which is approved at the               2023 financial year will be made, amounting to IDR
                     General Meeting of Shareholders (GMS), to be                   2,457,420,000,000,- or IDR 209.303810 per share,
                     distributed in the form of cash dividends, unless              to be distributed to 11,740,923,365 shares of the
                     the GMS decides otherwise.                                     Company.

                 The schedule and procedures for the cash dividend distribution for the 2023 financial year are as follows:

                      No.                                            Keterangan                                                Tanggal
                   1        Akhir Periode Perdagangan Saham Dengan Hak Dividen (Cum Dividen)                                 13 Maret 2024
                            • Pasar Reguler dan Negosiasi                                                                    15 Maret 2024
                            • Pasar Tunai

                   2        Awal Periode Perdagangan Saham Tanpa Hak Dividen (Ex Dividen)                                    14 Maret 2024
                            • Pasar Reguler dan Negosiasi                                                                    18 Maret 2024
                            • Pasar Tunai

                   3        Tanggal Daftar Pemegang Saham yang Berhak Dividen (Recording Date)                               15 Maret 2024

                   4        Tanggal Pembayaran Dividen Tunai Tahun Buku 2023                                                27 Maret 2024




                 Procedures for Cash Dividend Distribution                          2.   For the Company’s shareholders whose shares
                 1.     The Cash Dividend will be distributed to the                     are held in collective custody at KSEI, the cash
                        shareholders of the Company whose names are                      dividend payment will be carried out through
                        recorded in the Shareholders Register (“DPS”)                    KSEI and will be distributed on March 27, 2024,
                        or recording date on March 15, 2024 (recording                   into the Customer Fund Account (“RDN”) at
                        date) and/or the owners of the Company’s shares                  the Securities Company and/or Custodian Bank
                        in the sub-accounts at PT Kustodian Sentral Efek                 where the shareholder has opened an effect sub-
                        Indonesia (“KSEI”) at the close of trading on                    account. Meanwhile, for the shareholders whose
                        March 15, 2024.                                                  shares are not held in collective custody at KSEI,
                                                                                         the cash dividend payment will be transferred to
                                                                                         the shareholder’s bank account.




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                                                          Management
                                                          Analysis and
                                                          Discussion




               3.   a. The Cash Dividend will be subject to tax               4.   The shareholders of the Company can obtain
                        in accordance with the applicable tax                      confirmation of the dividend payment through
                        regulations. The amount of tax to be                       the securities company and/or custodian
                        imposed will be the responsibility of the                  bank where the shareholders have opened
                        respective shareholder and will be deducted                their securities accounts. Furthermore, the
                        from the amount of cash dividend entitled to               shareholders of the Company are responsible for
                        the respective shareholder.                                reporting the receipt of the dividend in their tax
                    b. Based on the applicable tax regulations, the                reporting for the relevant tax year, in accordance
                        cash dividend will be exempt from tax if                   with the applicable tax regulations.
                        received by domestic corporate taxpayers
                        (“WP Badan DN”), and the Company will not             5.   For shareholders who are foreign taxpayers,
                        withhold Income Tax on the cash dividend                   where tax withholding will use the rates based on
                        paid to the domestic corporate taxpayer.                   the Double Tax Avoidance Agreement (“DTA”),
                        The cash dividend received by individual                   they must comply with the requirements of
                        domestic taxpayers (“WPOP DN”) will be                     the Director General of Taxes Regulation No.
                        exempt from tax as long as the dividend is                 PER-25/PJ/2018 on the Procedures for the
                        reinvested within the territory of the Republic            Implementation of the Double Tax Avoidance
                        of Indonesia. For individual domestic                      Agreement, and submit the proof of record
                        taxpayers who do not meet the investment                   or receipt document DGT/SKD that has been
                        requirements as mentioned above, the                       uploaded to the Directorate General of Taxes
                        dividend received will be subject to income                website to KSEI or BAE in accordance with KSEI
                        tax (“PPh”) in accordance with the prevailing              regulations and provisions. Without the required
                        regulations, and the income tax must be                    document, the dividend payment will be subject
                        paid by the individual domestic taxpayer in                to Article 26 Income Tax (PPh) at a rate of 20%.
                        accordance with Government Regulation
                        No. 9 of 2021 concerning Tax Treatment to             The cash dividend payment by Bank Mega for the
                        Support Ease of Doing Business.                       2022 and 2023 fiscal years is as follows:


                                                                       2024                                      2023
                Dasar Hukum                            Keputusan RUPST tanggal 1 Maret 2024   Keputusan RUPST tanggal 24 Februari 2023

                Tahun buku                             Laporan keuangan audit tahun 2023      Laporan keuangan audit tahun 2022

                Laba tahun berjalan (Rp Juta)          3.510.670                              4.052.678

                Dividen (Rp Juta)                      2.457.420                              2.836.818

                Dividen per saham (Rp)                 209.303                                241.618

                Dividend Pay Out Ratio                 69,99%                                 69,99%

                Tanggal pengumuman dividen kas         15 Maret 2024                          24 Februari 2023

                Tanggal pembayaran dividen kas         27 Maret 2024                          28 Maret 2023




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                 Information About The Share
                 Ownership of Employees
                 and/or Management Program
                 (ESOP/MSOP)
                 As of December 31, 2024, Bank Mega does not have a share ownership program for employees and/or
                 management. Therefore, the Company does not present information related to the number of ESOP/MSOP
                 shares and their realization, the duration, the eligibility requirements for employees and/or management, and
                 the exercise price.




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                                                         Management
                                                         Analysis and
                                                         Discussion




               Provision of Funds to Related
               Parties and Bank Management


               Policy                                                      before any material transaction with an affiliate
               Bank Mega regulates the provision of funds to               takes place. These transactions must be reported to
               related parties, including members of the Board of          the OJK and disclosed to the public in accordance
               Commissioners, members of the Board of Directors,           with POJK No. 42/POJK.04/2020 regarding Affiliate
               Executive Officers, and other affiliated parties, in        Transactions and Conflicts of Interest and POJK No.
               accordance with the provisions of the Commercial            17/POJK.04/2020 regarding Material Transactions
               Credit Policy and the Consumption Policy. Therefore,        and Business Activity Changes.
               the provision of funds to related parties must be
               given on reasonable terms and comply with the               In 2024, there were no violations or exceedances
               applicable credit provisions and procedures.                of the Maximum Limit for Credit Provision (BMPK)
                                                                           in the provision of funds to related parties of Bank
               For material transactions with related parties and          Mega.
               transactions that may create a conflict of interest for
               the Bank, the Audit Committee is required to provide        The table below shows the provision of funds to
               recommendations to the Board of Commissioners               members of the Board of Commissioners and
                                                                           members of the Board of Directors in 2024.

                                        Nama                             Jabatan                                   Pinjaman
                Board of Commissioners
                Chairul Tanjung                                   President Commissioners                        Kartu Kredit
                Achjadi Ranuwisatra                             Independent Commissioners                        Kartu Kredit
                Lambock V. Nahattands                           Independent Commissioners                              -
                Hizbullah                                       Independent Commissioners                        Kartu Kredit
                Board of Directors
                Kostaman Thayib                                     President Directors                          Kartu Kredit
                Lay Diza Larentie                                 Vice President Directors                       Kartu Kredit
                Indivara Erni                                     Vice President Directors                       Kartu Kredit
                Martin Mulwanto                                          Directors                           Loan dan Kartu Kredit
                Yuni Lastianto                                           Directors                           Loan dan Kartu Kredit
                Madi Darmadi Lazuardi                                    Directors                               Kartu Kredit
                C. Guntur Triyudianto                                    Directors                               Kartu Kredit
                YB Hariantono                                            Directors                                     -




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                 Information About The Realization
                 of The Use of Funds
                 from The Public Offering

                 Bank Mega did not conduct any public offerings, either of shares or bonds, throughout 2024. Therefore, the
                 Bank does not present information related to the total funds raised; planned use of funds; details of fund usage;
                 fund balance; and the date of approval by the GMS/EGM for any changes in the use of funds (if any).




                 Material Information Regarding
                 Investment, Expansion, Divestment
                 Business Merger, Acquisition, and/
                 or Debt/Capital Restructuring
                 As of December 31, 2024, Bank Mega has not made any investments, expansions, dispositions, acquisitions or
                 restructurings of debt and capital. Accordingly, the Company does not provide information in this regard.




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                                                                Analysis and
                                                                Discussion




               Material Information on
               Transactions that Contain Conflict
               of Interest
               and/or Transactions with Affiliated
               Parties/Related Parties
               Material Transactions Containing Conflicts of Interest
               Throughout 2024, there were no material transactions that involved a conflict of interest.

               Transactions with Affiliates
               In carrying out its business, Bank Mega engages in transactions with related parties as defined in PSAK No.
               7 on “Disclosure of Related Parties.” Transactions with related parties are conducted primarily for the benefit
               and sustainability of Bank Mega’s business, involving lending and borrowing activities in the normal course of
               business, generating operating income, and are carried out regularly, repeatedly, and/or continuously.

               In relation to credit transactions that involve elements of affiliation and related parties, Bank Mega has also
               referred to the Financial Services Authority (OJK) Regulation No. 38/POJK.03/2019 on the Maximum Limit of
               Credit Provision and Large Fund Provision for Commercial Banks, as well as Bank Mega’s internal regulations,
               including the Commercial Credit Policy and the Consumer Credit Policy. In addition, the related transactions
               must obtain approval from the Board of Commissioners before being realized.

               Transactions with Affiliates/Related Parties

                                                                                     Total (Rp Juta)           Persentase (%)
                                                  Uraian
                                                                                   2024         2023         2024          2023
                Giro pada bank lain

                PT Bank Pembangunan Daerah Sulawesi Utara dan Gorontalo                300             100   0.00022%     0.00008%

                PT Bank Pembangunan Daerah Sulawesi Tengah                                60             4   0.00004%     0.00000%

                Efek-efek

                PT Bank Pembangunan Daerah Sulawesi Utara dan Gorontalo             198.832     198.288      0.14737%     0.15020%

                Tagihan derivatif

                PT Bank Mega Syariah                                                  2.101                  0.00156%

                Kredit yang diberikan

                PT Trans Fashion                                                    799.000                  0.59219%

                PT Trans Entertainment                                              350.000     500.000      0.25941%     0.37865%

                PT Anta Express Tour & Travel Service                               399.500                  0.29609%

                PT Duta Visual Nusantara TV 7                                       124.696     124.696      0.09242%     0.09443%

                PT Trans Burger                                                       6.826       8.501      0.00506%     0.00644%

                PT Trans Coffee                                                       4.984       4.984      0.00369%     0.00377%

                Komisaris dan Direksi Perusahaan berelasi diatas Rp1 miliar          33.313      51.070      0.02469%     0.03867%

                Direksi dan Karyawan kunci di atas Rp1 miliar                        16.962       5.935      0.01257%     0.00449%

                Lain-lain - di atas Rp1 miliar                                       16.962      15.998      0.01257%     0.01212%

                Aset lain-lain

                PT Duta Visual Nusantara TV 7                                         3.092       3.138      0.00229%     0.00238%

                PT Trans Fashion                                                      1.606                  0.00119%

                PT Mega Central Finance                                               1.095                  0.00081%




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                                                                               Total (Rp Juta)             Persentase (%)
                                                        Uraian
                                                                              2024            2023       2024         2023

                   PT Bank Pembangunan Daerah Sulawesi Utara dan Gorontalo      1.083           1.071    0.00080%    0.00081%

                   PT Para Bandung Propertindo                                  1.034           2.045    0.00077%    0.00155%

                   PT Trans Entertainment                                       1.667           1.659    0.00124%    0.00126%

                   Lain-lain - di bawah IDR1 miliar                             6.104           6.601    0.00452%    0.00500%

                   Transaksi surat berharga

                   Pembelian                                                 3.567.981      3.731.813    637993%      724000%

                   Penjualan                                                 4.205.969      7.304.962   11.19474%    1309000%

                   Giro                                                       387.246         482.783    0.34048%    0.43770%

                   Tabungan                                                    72.339         113.643    0.06360%    0.10300%

                   Deposito berjangka                                          622.09       1.717.317    0.54697%     155700%

                   Simpanan dari bank lain                                   1.808.949      1.202.082    159050%      108990%

                   Efek yang dijual dengan janji dibeli kembali               236.275                    0.20774%

                   Obligasi subordinasi                                        48.000          48.000    0.04220%    0.04350%

                   Beban yang masih harus dibayar dan liabilitas lain-lain      1.912           4.703    0.00168%    0.00430%

                   Pendapatan bunga                                           136.297         101.022    132460%     0.98870%

                   Beban bunga                                                 84.292          46.167    162426%     0.98530%

                   Beban asuransi kesehatan karyawan

                   PT Asuransi Umum Mega                                       28.265          23.386    202010%      159810%

                   PT PFI Mega Life Insurance                                   2.023           2.436    0.14460%    0.16650%

                   Beban Iklan

                   PT Televisi Transformasi Indonesia                          95.058          96.443    462419%      534130%

                   PT Duta Visual Nusantara TV 7                                5.444           4.662    0.26483%    0.25820%

                   PT Trans News Corpora                                        1.618           1.229    0.07871%    0.06810%

                   Lain-lain - di bawah Rp1 miliar                                   83          367     0.00404%    0.02030%

                   Pendapatan sewa

                   PT Allo Bank Indonesia Tbk                                  10.485           9.776   2262575%     2324850%

                   PT Duta Visual Nusantara TV 7                                8.034           8.425   1733670%     2003570%

                   PT Bank Mega Syariah                                         5.130           5.040   1107011%     1198570%

                   PT Asuransi Umum Mega                                        3.890           4.106    839429%      976460%

                   PT Mega Capital Sekuritas                                    2.641           2.628    569906%      624970%

                   PT Trans Berita Bisnis                                       1.823                    393388%

                   PT Para Bandung Propertindo                                    911                    196586%

                   PT PFI Mega Life Insurance                                     258                    0.55674%

                   PT Mega Asset Management                                       132                    0.28484%

                   Lain-lain - di bawah Rp1 miliar                              1.198           3.125    258518%      743160%

                   Liabilitas kontinjensi-neto

                   PT Trans Retail Indonesia                                  104.500          82.200   2479441%     2259955%

                   PT Trans Fashion Indonesia                                  37.622          41.419    892646%     1138748%

                   PT Allo Bank Indonesia Tbk                                   3.219                    0.76376%

                   PT Trans Digital Media                                         626                    0.14853%

                   PT Para Duta Bangsa                                               27                  0.00641%




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                                                                    Analysis and
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               Tabel Kredit Partisipasi (Selldown) per 31 Desmber 2024
                                                                                                                                     Bank Mega
                No Rek Bank Mega               Debitur                 Fasilitas     Kolektibilitas     CCY
                                                                                                                         Plafond                 Outstanding
                18020053856345          PT. Batam Indo Agri          Term Loan 1           2            IDR      1.039.999.900.000,00           598.299.366.844,00
                                        Perkasa

                18020050180220          PT. OKI Pulp & Paper        Demand Loan            1            IDR        907.500.000.000,00           907.500.000.000,00


                18022050006436          PT. Amman Mineral            Fixed Loan 6          1            USD               63.600.000,00              63.587.280,00
                                        Nusa Tenggara

                18022050006441          PT. Amman Mineral            Fixed Loan 7          1            USD               41.925.000,00              41.922.614,00
                                        Nusa Tenggara



               Tabel Kredit Club Deal per 31 Desmber 2024
                                                                                                                                     Bank Mega
                No Rek Bank Mega               Debitur                 Fasilitas     Kolektibilitas     CCY
                                                                                                                         Plafond                 Outstanding
                18020053857070          PT. Bintani Megah            Term Loan 1           1            IDR         49.100.652.032,12            29.300.652.032,12
                                        Indah

                18022050006207          PT. Dirgantara Karya          Term Loan            1            USD               65.000.000,00              35.750.009,00
                                        Cipta

                18020053859833          PT. Karya Mandiri             Term Loan            1            IDR      2.293.431.932.750,00          1.075.046.085.530,00
                                        Digdaya Maju




                18020053856595          PT. Kalimantan               Term Loan -           1            IDR         44.804.892.560,40            36.740.011.900,40
                                        Sanggar Pusaka                Tranche 1

                18020053856580          PT. Cipta Sinar Indah         Term Loan            1            IDR        822.531.763.902,09           674.476.046.398,09

                18022050006184          PT. Madya Pratama             Term Loan            2            USD               66.700.000,00              33.349.990,00
                                        Surya Cemerlang

                18022050006190          PT. Adyatama Cipta            Term Loan            2            USD               62.000.000,00              34.100.000,09
                                        Cemerlang

                18020053858425          PT. Muara Data                Term Loan            2            IDR         79.287.000.000,00            47.572.200.000,00
                                        Sentosa

                18022050006137          PT. Cakra Wisesa              Term Loan            2            USD              124.000.000,00              59.416.657,00
                                        Karya Makmur

                18020053860147          PT. Tamaris Prima            Term Loan 3           1            IDR         18.006.556.435,68            12.381.556.435,68
                                        Energi




               In carrying out its banking business, Bank Mega engages in rental agreements for archive storage spaces and
               properties (such as buildings, furniture, etc.), including with affiliated parties.

               The tables below show the rental transactions for 2024.

               Data Transaksi Dengan Pihak Berelasi untuk Sewa Penyimpanan Arsip Tahun 2024
                                                                                                              Jangka Waktu         Kategori
                 Kanwil          Nama Pihak Afiliasi            Jenis Transaksi       Nilai Transaksi                                          Keterangan
                                                                                                              Sewa (tahun)         Transaksi
                           PT. Bank Mega Tbk                    Sewa Rack Box                                                      Transaksi
                Jakarta                                                             Rp4.200,-/box/bulan            5                              Sesuai
                           PT. Trans Coffee                       Arsip Setu                                                        Afiliasi

                           PT. Bank Mega Tbk                    Sewa Rack Box                                                      Transaksi
                Jakarta                                                             Rp4.200,-/box/bulan            5                              Sesuai
                           PT. Trans Fashion Indonesia            Arsip Setu                                                        Afiliasi

                           PT. Bank Mega Tbk                    Sewa Rack Box                                                      Transaksi
                Jakarta                                                             Rp4.200,-/box/bulan            5                              Sesuai
                           PT. Mega Capital Sekuritas             Arsip Setu                                                        Afiliasi

                           PT. Bank Mega Tbk                    Sewa Rack Box                                                      Transaksi
                Jakarta                                                             Rp4.200,-/box/bulan           2,62                            Sesuai
                           PT. Allo Bank Indonesia Tbk            Arsip Setu                                                        Afiliasi




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                                   Allo Bank                                     Bank Mega Syariah
            Qcy                                                 Qcy                                                          Keterangan
                         Plafond           Outstanding                      Plafond          Outstanding
            IDR                                                                         -                    -   Selldown ke Allo Bank bulan Juni
                      250.000.000.000      123.924.615.385                                                       2021 IDR250 bio

            IDR                                                 IDR        85.000.000.000                    -   Disubpartisipasi ke BMS IDR85 bio
                                     -                      -

                                                                USD             7.949.205            7.948.410   Take over ke sindikasi Meta dari 3
                                                                                                                 loan menjadi 2 loan

                                                                USD             3.974.603            3.974.205




                                   Allo Bank                                     Bank Mega Syariah
            Qcy                                                 Qcy                                                          Keterangan
                         Plafond           Outstanding                      Plafond          Outstanding
            IDR       500.000.000.000      291.806.520.321                              -                    -   Club Deal fas. TL dg Allo Bank bln
                                                                                                                 Mar'22

            IDR       733.329.000.000      403.330.950.000      USD                     -                    -   Club Deal bln Mar'22


            IDR       746.562.000.000      326.620.875.000      USD                     -                    -   Awal pemberian fasilitas di Allo
                                                                                                                 Bank merupakan club deal,
                                                                                                                 kemudian pada 22/03/2022
                                                                                                                 dilakukan selldown o/s Bank Mega
                                                                                                                 kepada Allo Bank
                                                                                                                 Rp.500M

            IDR         80.000.000.000         65.600.000.000   IDR    350.000.000.000      287.000.000.000      Club Deal dg BMS dan Allo fas. TL 1
                                                                                                                 bln Sept'21

            IDR       170.000.000.000      139.400.000.000                                                       Club Deal dg Allo bln Sept'21

            IDR       554.637.600.000      332.782.560.000      IDR                     -                    -   Club deal dg Allo dan BMS bln
                                                                                                                 Jun'22

            IDR       589.375.000.000      324.156.250.000                                                       Club deal dg Allo bln Mar'22


            IDR      1.167.502.000.000     700.501.200.000      IDR                     -                    -   Club deal dg All dan BMS bln
                                                                                                                 Jun'22

            IDR       246.734.000.000      118.226.708.333      USD                     -                    -   Club Deal dg BMS dan Allo bln
                                                                                                                 Nov'21

            IDR       150.000.000.000          27.307.737.242                                                    Club Deal dg Allo Bank bln Sept'22




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                                                                Analysis and
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               Data Transaksi Dengan Pihak Berelasi untuk Sewa Properti Tahun 2024

                                                                                                       Jangka Waktu     Kategori
                   Kanwil           Nama Pihak Afiliasi         Jenis transaksi     Nilai Transaksi                                 Keterangan
                                                                                                       Sewa (tahun)     Transaksi
                                 PT. Bank Mega Tbk              Sewa menyewa                                            Transaksi
                Jakarta                                                              Rp1.604.250.000      #REF!                       Sesuai
                                 PT. Bank Mega Syariah             lantai 2                                              Afiliasi

                                 PT. Bank Mega Tbk
                                                                                                                        Transaksi
                                 PT. Para Bandung                                    Rp3.385.370.000        3,4                       Sesuai
                                                                                                                         Afiliasi
                                 Propertindo                    Sewa menyewa
                Jakarta
                                 PT. Bank Mega Tbk                  lt.3A
                                                                                                                        Transaksi
                                 PT. Para Bandung                                    Rp4.221.840.000      #REF!                       Sesuai
                                                                                                                         Afiliasi
                                 Propertindo

                                 PT. Bank Mega Tbk                                                                      Transaksi
                                                                                     Rp3.310.620.000         1                        Sesuai
                                 PT. Asuransi Umum Mega                                                                  Afiliasi
                Jakarta                                       Sewa menyewa lt. 18
                                 PT. Bank Mega Tbk                                                                      Transaksi
                                                                                     Rp3.310.620.000         1                        Sesuai
                                 PT. Asuransi Umum Mega                                                                  Afiliasi

                                 PT. Bank Mega Tbk                                                                      Transaksi
                                                                                     Rp2.671.680.000         1                        Sesuai
                                 PT. Mega Capital Sekuritas                                                              Afiliasi
                Jakarta                                       Sewa menyewa lt. 2
                                 PT. Bank Mega Tbk                                                                      Transaksi
                                                                                     Rp1.410.820.000         1                        Sesuai
                                 PT. Mega Capital Sekuritas                                                              Afiliasi

                                 PT. Bank Mega Tbk
                                                                                                                        Transaksi
                                 PT. Duta Visual Nusantara                          Rp14.721.600.000         5                        Sesuai
                                                                                                                         Afiliasi
                                 Tivi Tujuh
                Jakarta                                       Sewa menyewa lt.10
                                 PT. Bank Mega Tbk
                                                                                                                        Transaksi
                                 PT. Duta Visual Nusantara                           Rp1.410.820.000       0,42                       Sesuai
                                                                                                                         Afiliasi
                                 Tivi Tujuh

                                 PT. Bank Mega Tbk
                                                                                                                        Transaksi
                                 PT. Duta Visual Nusantara                          Rp15.711.600.000         5                        Sesuai
                                                                                                                         Afiliasi
                                 Tivi Tujuh
                Jakarta                                       Sewa menyewa lt.20
                                 PT. Bank Mega Tbk
                                                                                                                        Transaksi
                                 PT. Duta Visual Nusantara                           Rp1.505.695.000       0,42                       Sesuai
                                                                                                                         Afiliasi
                                 Tivi Tujuh

                                 PT. Bank Mega Tbk
                                                                                                                        Transaksi
                                 PT. Duta Visual Nusantara                          Rp16.371.600.000         5                        Sesuai
                                                                                                                         Afiliasi
                                 Tivi Tujuh
                Jakarta                                       Sewa menyewa lt.22
                                 PT. Bank Mega Tbk
                                                                                                                        Transaksi
                                 PT. Duta Visual Nusantara                           Rp1.568.945.000       0,42                       Sesuai
                                                                                                                         Afiliasi
                                 Tivi Tujuh

                                 PT. Bank Mega Tbk
                                                                                                                        Transaksi
                                 PT. Mega Asset                                      Rp1.648.962.000       2,33                       Sesuai
                                                                                                                         Afiliasi
                                 Management
                Jakarta                                       Sewa menyewa lt. 2
                                 PT. Bank Mega Tbk
                                                                                                                        Transaksi
                                 PT. Mega Asset                                       Rp146.335.200        0,33                       Sesuai
                                                                                                                         Afiliasi
                                 Management

                                 PT. Bank Mega Tbk                                                                      Transaksi
                Jakarta                                       Sewa menyewa lt.5     Rp15.937.620.000         5                        Sesuai
                                 PT Allo Bank Indonesia Tbk                                                              Afiliasi

                                 PT. Bank Mega Tbk                                                                      Transaksi
                Jakarta                                       Sewa menyewa lt.6     Rp13.924.200.000         5                        Sesuai
                                 PT Allo Bank Indonesia Tbk                                                              Afiliasi

                                 PT. Bank Mega Tbk              Sewa menyewa                                            Transaksi
                Jakarta                                                              Rp2.918.700.000         5                        Sesuai
                                 PT Allo Bank Indonesia Tbk      lt. Mezanine                                            Afiliasi

                                 PT. Bank Mega Tbk              Sewa menyewa                                            Transaksi
                Jakarta                                                              Rp3.167.100.000         3                        Sesuai
                                 PT Allo Bank Indonesia Tbk        lt. Dasar                                             Afiliasi




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                                                                                                           Jangka Waktu   Kategori
                     Kanwil          Nama Pihak Afiliasi          Jenis transaksi       Nilai Transaksi                               Keterangan
                                                                                                           Sewa (tahun)   Transaksi

                                 PT. Bank Mega Tbk                Sewa menyewa                                            Transaksi
                   Jakarta                                                                Rp493.491.600         3                       Sesuai
                                 PT Allo Bank Indonesia Tbk       Lahan Reklame                                            Afiliasi

                                 PT. Bank Mega Tbk              Sewa menyewa KCP                                          Transaksi
                   Jakarta                                                                Rp274.347.097        1,03                     Sesuai
                                 PT Allo Bank Indonesia Tbk      JKT Saharjo Lt. 4                                         Afiliasi

                                                                  Sewa Menyewa
                                                                                                                          Transaksi
                                 PT. Bank Mega Tbk                Ruang Gedung           Rp3.827.266.200        3                       Sesuai
                                                                                                                           Afiliasi
                                                                Arsip Setu Lt. Dasar
                   Jakarta
                                                                  Sewa Menyewa
                                                                                                                          Transaksi
                                 PT Allo Bank Indonesia Tbk       Lahan Gedung            Rp279.666.000         3                       Sesuai
                                                                                                                           Afiliasi
                                                                    Arsip Setu

                                 PT. Bank Mega Tbk
                                                                   Sewa menyewa        Presentase bagi                    Transaksi
                   Jakarta       (PT. Trans Ice) Baskin                                                         5                       Sesuai
                                                                lt. LG (Food Court)    hasil sebesar 15%                   Afiliasi
                                 Robbins

                                 PT. Bank Mega Tbk
                                                                  Sewa menyewa         Presentase bagi                    Transaksi
                   Jakarta       (PT. Trans Retail Indonesia)                                                   20                      Sesuai
                                                                lt.LG (Food Court)     hasil sebesar 3%                    Afiliasi
                                 Trans Mini

                                 PT. Bank Mega Tbk                Sewa menyewa         Presentase bagi                    Transaksi
                   Jakarta                                                                                      5                       Sesuai
                                 (PT. Trans Burger) Wendys      lt.LG (Food Court)     hasil sebesar 15%                   Afiliasi

                                 PT. Bank Mega, Tbk               Sewa Menyewa
                                                                                                                          Transaksi
                   Jakarta                                      Gedung Bank Mega         Rp4.224.132.000        5                       Sesuai
                                 PT. Bank Mega Syariah                                                                     Afiliasi
                                                                 KC Bogor Lt. 8

                                 PT. Bank Mega, Tbk               Sewa Menyewa
                                                                                                                          Transaksi
                   Jakarta                                      Gedung Bank Mega            Rp47.275.800       1,83                     Sesuai
                                 PT Asuransi Umum Mega                                                                     Afiliasi
                                                                 KC Lampung Lt. 3

                                 PT Bank Mega Tbk                 Sewa Menyewa
                                                                 Gedung KC Bank                                           Transaksi
                   Medan                                                                  Rp255.960.000         5                       Sesuai
                                 PT Asuransi Umum Mega           Mega Pekanbaru                                            Afiliasi
                                                                       Lt 5

                                 PT Bank Mega Tbk                 Sewa Menyewa
                                                                 Gedung KC Bank                                           Transaksi
                   Medan                                                                 Rp2.445.120.000        5                       Sesuai
                                 PT Bank Mega Syariah            Mega Pekanbaru                                            Afiliasi
                                                                       Lt 2

                                 PT Bank Mega Tbk                 Sewa Menyewa
                                                                 Gedung KC Bank                                           Transaksi
                   Medan                                                                    Rp77.418.000      #REF!                     Sesuai
                                 PT Asuransi Umum Mega          Mega Jambi Wiltop                                          Afiliasi
                                                                       Lt 3

                                 PT Bank Mega Tbk                Sewa Menyewa
                                                                                                                          Transaksi
                   Bandung                                      Menara Bank Mega         Rp1.296.000.000        5                       Sesuai
                                 PT Asuransi Umum Mega                                                                     Afiliasi
                                                                Bandung, Lantai 3

                                 PT Bank Mega Tbk                Sewa Menyewa
                                                                Menara Bank Mega                                          Transaksi
                   Bandung                                                               Rp3.689.280.000        5                       Sesuai
                                 PT Bank Mega Syariah            Bandung, Lantai                                           Afiliasi
                                                                   Dasar dan 2

                                 PT Bank Mega Tbk                Sewa Menyewa
                                                                                                                          Transaksi
                   Bandung                                      Menara Bank Mega           Rp638.172.000        5                       Sesuai
                                 PT Mega Capital Sekuritas                                                                 Afiliasi
                                                                Bandung, Lantai 3

                                 PT Bank Mega Tbk                                                                         Transaksi
                                                                                           Rp437.702.400        3                       Sesuai
                                 PT Asuransi Umum Mega            Sewa Menyewa                                             Afiliasi
                   Semarang                                     Menara Bank Mega
                                 PT Bank Mega Tbk               Semarang, Lantai 7                                        Transaksi
                                                                                           Rp185.379.840        1                       Sesuai
                                 PT Asuransi Umum Mega                                                                     Afiliasi

                                 PT Bank Mega Tbk                                                                         Transaksi
                                                                                         Rp4.238.208.000        5                       Sesuai
                                 PT Bank Mega Syariah            Sewa Menyewa                                              Afiliasi
                   Semarang                                     Menara Bank Mega
                                 PT Bank Mega Tbk               Semarang, Lantai 1                                        Transaksi
                                                                                           Rp711.144.000       2,63                     Sesuai
                                 PT Bank Mega Syariah                                                                      Afiliasi

                                 PT Bank Mega Tbk                Sewa Menyewa
                                                                Menara Bank Mega                                          Transaksi
                   Semarang                                                                Rp505.764.000        5                       Sesuai
                                 PT Mega Capital Sekuritas      Semarang, Lantai                                           Afiliasi
                                                                     Dasar




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                                                               Analysis and
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                                                                                                      Jangka Waktu     Kategori
                   Kanwil            Nama Pihak Afiliasi       Jenis transaksi     Nilai Transaksi                                 Keterangan
                                                                                                      Sewa (tahun)     Transaksi

                                 PT Bank Mega Tbk              Sewa Menyewa
                                                             Gedung Bank Mega,                                         Transaksi
                Surabaya                                                           Rp3.922.176.000          5                        Sesuai
                                 PT Bank Mega Syariah        KC Surabaya Darmo                                          Afiliasi
                                                                   Lt 1 & 2

                                 PT Bank Mega Tbk              Sewa Menyewa
                                                             Gedung Bank Mega,                                         Transaksi
                Surabaya                                                              Rp73.440.000          5                        Sesuai
                                 PT Asuransi Umum Mega       KCP Malang Dinoyo                                          Afiliasi
                                                                    Lt 3

                                 PT Bank Mega Tbk              Sewa Menyewa
                                                              Gedung KC Bank                                           Transaksi
                Surabaya                                                           Rp1.741.320.000          5                        Sesuai
                                 PT Detik Tivi Dua           Mega Surabaya Yos                                          Afiliasi
                                                              Sudarso Lt 3 & 4

                                 PT Bank Mega Tbk             Sewa Menyewa
                                                                                                                       Transaksi
                Makassar                                     Menara Bank Mega        Rp432.630.000        4,75                       Sesuai
                                 PT Asuransi Umum Mega                                                                  Afiliasi
                                                             Makassar Lantai 1

                                 PT Bank Mega Tbk                                                                      Transaksi
                                                              Sewa Menyewa         Rp3.669.969.600          4                        Sesuai
                                 PT Bank Mega Syariah                                                                   Afiliasi
                                                             Menara Bank Mega
                Makassar
                                 PT Bank Mega Tbk            Makassar Ground
                                                                   Floor                                               Transaksi
                                                                                   Rp4.292.752.320          4                        Sesuai
                                 PT Bank Mega Syariah                                                                   Afiliasi

                                 PT. Bank Mega Tbk            Sewa Menyewa
                                                                                                                       Transaksi
                Makassar                                     Menara Bank Mega        Rp346.500.000          5                        Sesuai
                                 PT. Trans Kalla Makassar                                                               Afiliasi
                                                             Makassar Lantai 9

                                 PT Bank Mega Tbk              Sewa Menyewa
                                                                KC S Parman                                            Transaksi
                Banjarmasin                                                           Rp434.809.200       3,08                       Sesuai
                                 PT Asuransi Umum Mega       Banjarmasin, Lantai                                        Afiliasi
                                                                     2

                                 PT Bank Mega Tbk            Sewa Menyewa KC                                           Transaksi
                Makassar                                                             Rp114.370.200         2,4                       Sesuai
                                 PT Asuransi Umum Mega         Palu, Lantai 2                                           Afiliasi

                                 PT Bank Mega Tbk              Sewa Menyewa
                                                             Gedung KCP Bank                                           Transaksi
                Makassar                                                              Rp44.370.000         2,4                       Sesuai
                                 PT. Asuransi Umum Mega      Mega Sorong Lantai                                         Afiliasi
                                                                   Dasar

                                 PT Bank Mega Tbk             Sewa Menyewa
                                                             Gedung KCP Bank                                           Transaksi
                Makassar                                                             Rp287.280.000          5                        Sesuai
                                 PT. Asuransi Umum Mega       Mega Manado                                               Afiliasi
                                                               Calaca Lt. 3

                                 PT Bank Mega Tbk             Sewa Menyewa
                                                             Gedung KCP Bank                                           Transaksi
                Banjarmasin                                                           Rp60.000.000          5                        Sesuai
                                 PT. Asuransi Umum Mega       Mega Samarinda                                            Afiliasi
                                                               Ahmad Yani

                                 PT Bank Mega Tbk             Sewa Menyewa
                                                             Gedung KCP Bank                                           Transaksi
                Medan                                                                 Rp92.925.000          5                        Sesuai
                                 PT. Asuransi Umum Mega      Mega Palembang                                             Afiliasi
                                                                 A. Rivai

                                 PT Bank Mega Tbk             Sewa Menyewa
                                                             Gedung KCP Bank                                           Transaksi
                Banjarmasin                                                          Rp204.660.000          5                        Sesuai
                                 PT. Asuransi Umum Mega       Mega Pontianak                                            Afiliasi
                                                                 Siantan

                                 PT Bank Mega Tbk              Sewa Menyewa
                                                                                                                       Transaksi
                Medan            PT. Televisi Transformasi        Lahan KC            Rp38.750.000         0,5                       Sesuai
                                                                                                                        Afiliasi
                                 Indonesia                       Palembang




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                                                                                                    Jangka Waktu   Kategori
                     Kanwil         Nama Pihak Afiliasi        Jenis transaksi    Nilai Transaksi                              Keterangan
                                                                                                    Sewa (tahun)   Transaksi

                                                              Sewa Menyewa
                                                                                                                   Transaksi
                                                             Gedung KCP Bank         Rp18.720.000        1                       Sesuai
                                                                                                                    Afiliasi
                                                               Mega Tuban

                                                              Sewa Menyewa
                                                                                                                   Transaksi
                                                             Gedung KCP Bank         Rp18.720.000        1                       Sesuai
                                                                                                                    Afiliasi
                                                             Mega Probolinggo

                                                              Sewa Menyewa
                                                                                                                   Transaksi
                                                             Gedung KCP Bank         Rp17.280.000        1                       Sesuai
                                                                                                                    Afiliasi
                                                               Mega Jember
                   Surabaya
                                                              Sewa Menyewa
                                                                                                                   Transaksi
                                                             Gedung KCP Bank         Rp21.600.000        1                       Sesuai
                                                                                                                    Afiliasi
                                                               Mega Madiun

                                                              Sewa Menyewa
                                                                                                                   Transaksi
                                                             Gedung KCP Bank         Rp17.280.000        1                       Sesuai
                                                                                                                    Afiliasi
                                                                Mega Blitar
                                 PT Bank Mega Tbk
                                                              Sewa Menyewa
                                                                                                                   Transaksi
                                                             Gedung KCP Bank         Rp18.000.000        1                       Sesuai
                                                                                                                    Afiliasi
                                                             Mega Tulungagung

                                                              Sewa Menyewa
                                                                                                                   Transaksi
                                                             Gedung KCP Bank         Rp18.720.000        1                       Sesuai
                                                                                                                    Afiliasi
                                                              Mega Solo Palur

                                                              Sewa Menyewa
                                                                                                                   Transaksi
                                                             Gedung KCP Bank         Rp22.320.000        1                       Sesuai
                                                                                                                    Afiliasi
                                                              Mega Magelang
                   Semarang
                                                              Sewa Menyewa
                                                                                                                   Transaksi
                                                             Gedung KCP Bank         Rp20.160.000        1                       Sesuai
                                                                                                                    Afiliasi
                                                               Mega Kudus

                                                              Sewa Menyewa
                                                                                                                   Transaksi
                                                             Gedung KCP Bank         Rp19.440.000        1                       Sesuai
                                                                                                                    Afiliasi
                                                                Mega Tegal

                                                              Sewa Menyewa
                                                                                                                   Transaksi
                                                             Gedung KCP Bank         Rp14.400.000        1                       Sesuai
                                                                                                                    Afiliasi
                                                               Mega Kisaran

                                                               Sewa Menyewa
                                                                                                                   Transaksi
                                                              Gedung KCP Bank        Rp15.120.000        1                       Sesuai
                                                                                                                    Afiliasi
                                                             Mega Rantau Prapat
                   Medan                                      Sewa Menyewa
                                                                                                                   Transaksi
                                                             Gedung KCP Bank         Rp13.800.000        1                       Sesuai
                                                                                                                    Afiliasi
                                                             Mega Prabumulih

                                                               Sewa Menyewa
                                                                Gedung KCP                                         Transaksi
                                                                                     Rp18.000.000        1                       Sesuai
                                                              Bank Mega Lubuk                                       Afiliasi
                                                                  Linggau

                                                              Sewa Menyewa
                                                             Gedung KCP Bank                                       Transaksi
                   Jakarta                                                           Rp18.000.000        1                       Sesuai
                                                             Mega Bandar Jaya                                       Afiliasi
                                 PT. Mega Auto Finance          Lampung

                                                              Sewa Menyewa
                                                                                                                   Transaksi
                                                             Gedung KCP Bank         Rp18.000.000        1                       Sesuai
                                                                                                                    Afiliasi
                                                             Mega Tana Paser

                                                              Sewa Menyewa
                                                                                                                   Transaksi
                                                             Gedung KCP Bank         Rp18.720.000        1                       Sesuai
                                                                                                                    Afiliasi
                                                             Mega Palangkaraya
                   Banjarmasin
                                                              Sewa Menyewa
                                                                                                                   Transaksi
                                                             Gedung KCP Bank         Rp15.840.000        1                       Sesuai
                                                                                                                    Afiliasi
                                                               Mega Sampit

                                                              Sewa Menyewa
                                                                                                                   Transaksi
                                                             Gedung KCP Bank         Rp12.960.000        1                       Sesuai
                                                                                                                    Afiliasi
                                                             Mega Singkawang

                                                              Sewa Menyewa
                                                                                                                   Transaksi
                   Bandung                                   Gedung KCP Bank         Rp18.000.000        1                       Sesuai
                                                                                                                    Afiliasi
                                                               Mega Garut




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                                                                Management
                                                                Analysis and
                                                                Discussion




                                                                                                      Jangka Waktu      Kategori
                   Kanwil            Nama Pihak Afiliasi        Jenis transaksi     Nilai Transaksi                                 Keterangan
                                                                                                      Sewa (tahun)      Transaksi

                                                                Sewa Menyewa
                                                                                                                        Transaksi
                Surabaya                                          Gedung KC            Rp16.272.000          1                        Sesuai
                                                                                                                         Afiliasi
                                                                   Mataram
                                 PT Bank Mega Tbk
                                                                Sewa Menyewa
                                                                                                                        Transaksi
                                                               Gedung KC Bank          Rp12240000,0          1                        Sesuai
                                                                                                                         Afiliasi
                                                                 Mega Kendari

                                                                Sewa Menyewa
                                                                                                                        Transaksi
                Makassar                                       Gedung KC Bank         Rp118.800.000          5                        Sesuai
                                                                                                                         Afiliasi
                                                                Mega Jayapura
                                 PT Asuransi Umum Mega
                                                                Sewa Menyewa
                                                                                                                        Transaksi
                                                               Gedung KCP Bank         Rp12.960.000          1                        Sesuai
                                                                                                                         Afiliasi
                                                                Mega Gorontalo

                                 PT Bank Mega Tbk               Sewa Menyewa
                                                                                                                        Transaksi
                Jakarta                                        Gedung Kuningan         Rp50.752.800         0,5                       Sesuai
                                 PT. Asuransi Umum Mega                                                                  Afiliasi
                                                               Card Center Lt. 10

                                                                Sewa Menyewa
                                                                                                                        Transaksi
                                 PT Bank Mega Tbk              Gedung Kuningan        Rp456.775.200         4,5                       Sesuai
                                                                                                                         Afiliasi
                                                               Card Center Lt. 10
                Jakarta
                                                                Sewa Menyewa
                                                                                                                        Transaksi
                                 PT. Allo Bank Indonesia Tbk   Gedung Kuningan      Rp1.422.720.000         4,0                       Sesuai
                                                                                                                         Afiliasi
                                                               Card Center Lt. 9

                                                                Sewa menyewa
                                 PT Bank Mega Tbk                                                                       Transaksi
                Jakarta                                             lt. 14          Rp3.740.372.400          2                        Sesuai
                                                                                                                         Afiliasi
                                 PT Trans Berita Bisnis         Sewa Furniture

                                 PT Bank Mega Tbk               Sewa Menyewa
                                                                                                                        Transaksi
                Banjarmasin                                    Gedung KCP Bank         Rp12.960.000          1                        Sesuai
                                 PT. Mega Auto Finance                                                                   Afiliasi
                                                               Mega Singkawang




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                 Changes in Laws and
                 Regulations That Have
                 a Significant Effect on the Company

                 Changes in legislation in 2024 that significantly affect Bank Mega’s business are as follows:

                        Type of Regulation                                About                                   Impact on Bank Mega

                   Otoritas Jasa Keuangan

                   POJK No. 4 Tahun 2024          Report on Ownership or Any Changes in the
                                                  Ownership of Shares of Public Companies and Report
                                                  on Activities of Pledging Shares of Public Companies

                   POJK No. 5 Tahun 2024          Establishment of Supervision Status and Handling of
                                                  Issues in Commercial Banks

                   POJK No. 12 Tahun 2024         Implementation of Anti-Fraud Strategy for Financial
                                                  Service Institutions

                   POJK No. 13 Tahun 2024         Transparency and Publication of Base Lending Rates
                                                  for Conventional Commercial Banks

                   POJK No. 15 Tahun 2024         Integritas Pelaporan Keuangan Bank

                   POJK No. 26 Tahun 2024         Perluasan Kegiatan Usaha Perbankan

                   POJK No. 28 Tahun 2024         Pengelolaan Informasi Rekam Jejak Pelaku melalui
                                                  SistemInformasi Pelaku di Sektor Jasa Keuangan

                   POJK No. 30 Tahun 2024         Konglomerasi Keuangan dan
                                                  Perusahaan Induk Konglomerasi
                                                  Keuangan

                   POJK No. 44 Tahun 2024         Rahasia Bank

                   SEOJK No.13/ SEOJK.08/2024     Penyusunan dan Penyampaian
                                                  Laporan Rencana dan Laporan Realisasi
                                                  Literasi Keuangan dan Inklusi Keuangan

                   SEOJK No. 18/SEOJK.08/2024     Penilaian Sendiri terhadap
                                                  Pemenuhan Ketentuan Pelindungan
                                                  Konsumen dan Masyarakat di Sektor Jasa Keuangan

                   Bank Indonesia

                   PBI No. 2 Tahun 2024           Keamanan Sistem Informasi dan
                                                  Ketahanan Siber bagi Penyelenggara Sistem
                                                  Pembayaran, Pelaku Pasar Uang dan Pasar Valuta
                                                  Asing, serta Pihak Lain yang Diatur dan Diawasi BI

                   PBI No. 5 Tahun 2024           Standarisasi Kompetensi di Bidang
                                                  Sistem Pembayaran (PBI SK SP) dan PADG No. 17
                                                  Tahun 2024
                                                  tentang Pelaksanaan Standardisasi
                                                  Kompetensi di Bidang Sistem Pembayaran

                   PBI No. 6 Tahun 2024           Pasar Uang dan Pasar Valuta Asing

                   PBI No. 7 Tahun 2024           Rasio Pendanaan Luar Negeri Bank
                                                  dan PADG No. 7 Tahun 2024 tentang Peraturan
                                                  Pelaksanaan Rasio
                                                  Pendanaan Luar Negeri Bank




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                                                       Management
                                                       Analysis and
                                                       Discussion




               Changes in Accounting Policies
               and Their Impact on the Company


               The following are the new PSAK standards and            •   PSAK 115: Revenue from Contracts with
               amendments to the standards that will be effective          Customers
               for years beginning on or after January 1, 2025, with   •   PSAK 201: Presentation of Financial Statements
               early adoption permitted:                               •   PSAK 207: Statement of Cash Flows
               •   Amendment to PSAK 221: The Effect of Changes        •   PSAK 216: Property, Plant, and Equipment
                   in Foreign Exchange Rates on Foreign Exchange       •   PSAK 219: Employee Benefits
                   Shortages;                                          •   PSAK 228: Investments in Associates and Joint
               •   PSAK 117: Insurance Contracts; and                      Ventures
               •   Amendment to PSAK 117: Insurance Contracts on       •   PSAK 232: Financial Instruments: Presentation
                   the Early Application of PSAK 117; and              •   PSAK 236: Impairment of Assets
               •   PSAK 109 – Comparative Information.                 •   PSAK 237: Provisions, Contingent Liabilities, and
                                                                           Contingent Assets
               Several PSAK standards have also been amended           •   PSAK 238: Intangible Assets
               as consequential amendments due to the                  •   PSAK 240: Investment Property
               implementation of PSAK 117: Insurance Contracts,
               namely:                                                 As of the date this financial report was authorized,
               •  PSAK 103: Business Combinations                      the Bank is still evaluating the potential impact of
               •  PSAK 105: Non-current Assets Held for Sale and       the adoption of the new standards, amendments to
                  Discontinued Operations                              standards, and interpretations of those standards.
               •  PSAK 107: Financial Instruments: Disclosures
               •  PSAK 109: Financial Instruments




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                 Target, Realization
                 and Projection


                 The comparison between the Company’s target and actual performance for 2024, as well as the projection for
                 2025, is as follows:

                                                                                                                  (Expressed in millions of Rupiah)

                                                                                   2024                                      2025
                                  Uraian
                                                                  Target                  Realisasi                        Proyeksi
                   Total Aset                                             134,961,103            134,915,494                        141,727,446

                   Kredit                                                  69,050,859             64,645,281                         69,969,950

                   DPK                                                     96,625,178             91,669,297                         98,819,420

                   •   Giro                                                11,261,725             10,382,648                         11,290,648

                   •   Tabungan                                            17,243,241             17,187,644                         19,789,853

                   •   Deposito                                            68,120,212             64,099,005                         67,738,919

                   Laba Sebelum Pajak                                       3,370,809                 3,256,906                       3,503,331

                   Laba Tahun Berjalan                                      2,725,241                 2,631,054                       2,828,098

                   CAR                                                        24.41%                    25.77%                           27.00%




                 Strategi Bisnis Bank
                 (Mohon info)




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                                                         Management
                                                         Analysis and
                                                         Discussion




               Business
               Prospect


               The dynamics, challenges, and uncertainties in 2025        Entering 2025, Bank Mega remains optimistic yet
               are expected to continue. Globally, key issues include     cautious. To face the uncertainties this year, we have
               the potential escalation of the US-China trade war,        set strategies to achieve the targets outlined in the
               ongoing conflicts in the Middle East, the possibility of   Bank Mega Business Plan 2025, including:
               renewed inflationary pressures, and the risk of supply     1. Increasing credit distribution while adhering to
               chain disruptions, which could impact developing               prudential banking principles and continuing to
               countries. Global economic growth is expected to               focus on the corporate segment, which is still
               be limited. According to the IMF projections, global           able to grow positively in uncertain economic
               economic growth will reach 3.2% in 2025. Meanwhile,            conditions.
               the Coordinating Ministry for Economic Affairs             2. Growth of Third-Party Funds (DPK) driven by the
               projects that the global economic condition will               retail segment.
               grow within the range of 2.7% - 3.3% in 2025.              3. Growth in the credit card business, which will be
                                                                              driven through partnerships with the CT Corpora
               Amidst these global economic conditions, domestic              ecosystem.
               economic growth is expected to continue, supported         4. Increasing fee-based income from Treasury and
               by increased domestic demand, household                        other businesses.
               consumption, and government spending. According            5. Targeting an LDR ratio in line with the Bank’s
               to the Press Releases from the Coordinating Ministry           policy, around the 70% level.
               for Economic Affairs of the Republic of Indonesia on       6. Improving efficiency in other costs with a target
               November 5, 2024, and January 31, 2025, as well as             BOPO ratio around 72%.
               in line with statements from the Governor of Bank          7. Information technology transformation to
               Indonesia, Mr. Perry Warjiyo, Indonesia’s economic             support the development of retail and digital
               growth is projected to increase to 5.2% in 2025, with          banking businesses, mitigate operational risks,
               inflation expected to be in the range of 2.5% + 1% in          and enhance operational cost efficiency through
               2025.                                                          process automation.




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                 Information on
                 Business Continuity


                 Factors That May Significantly Affect Business                are then detailed in the RBB and serve as parameters
                 Continuity                                                    for Bank Mega to maintain its business continuity in
                 In line with global economic forecasts full of                the national banking industry. The Bank also uses
                 challenges, Indonesia’s economy is expected to                these four key aspects as performance evaluation
                 continue growing well and remain resilient to                 indicators, comparing them to the targets that
                 the impacts of global economic conditions. Bank               have been set previously. Additionally, Bank Mega
                 Indonesia forecasts that economic growth is                   prioritizes sustainable financial aspects by aligning
                 projected to increase to 5.2% in 2025.                        the economy with environmental sustainability,
                                                                               social aspects, and good corporate governance.
                 The economy is expected to grow stronger, supported
                 by estimated growth in household consumption and              Management’s     Assessment            of     Factors
                 government spending.                                          Affecting Business Continuity
                                                                               Bank Mega conducts an evaluation of the
                 This optimism regarding growth is expected to drive           implementation of its strategy and assesses the
                 banking credit distribution.                                  Bank’s ability to achieve the targets set in the Bank’s
                                                                               Business Plan (RBB) to maintain business continuity.
                 Assumptions Used by Management                           in   This step is taken by considering the dynamics
                 Conducting the Assessment                                     occurring in the macroeconomy and the banking
                 Several important aspects in bank management,                 industry.
                 such as capital, liquidity, profitability, and asset
                 quality, are taken into consideration by Bank Mega in
                 assessing business continuity with reference to the
                 RBB (Business Plan). These four important aspects




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                                                       Management
                                                       Analysis and
                                                       Discussion




               Business Supporting
               Overview




               HUMAN RESOURCES                                         especially considering the demographic factors of
                                                                       employees, which are currently dominated by the
               Along with the evolving banking industry,               Millennial and Generation Z generations, continues
               technological advancements continue to be a key         to be applied to remain relevant to the trends in
               factor influencing human resource management            organizational development.
               strategies. The Bank pays attention to managing
               talent and the organization to remain aligned with      Development Strategy
               its strategic vision and to adapt to both current       The implementation and improvement of human
               and future business challenges. Human resource          resource development programs are carried out by
               management is carried out continuously to achieve       optimizing the use of technology in human resource
               optimal employee performance and engagement.            management, particularly through a multiplatform-
               This is expected to support the Bank in carrying out    based system that supports the efficiency and
               its business functions. The use of digital technology   effectiveness of employee management. The
               is increasingly expanded to support the effectiveness   involvement of technology in human resource and
               and efficiency of human resource management.            organizational development programs will become
               Technology-based HR systems are continuously            increasingly integrated, both in terms of the programs
               developed to enhance employee experience and            and their execution processes. This effort is applied
               support more flexible and productive work processes.    to ensure a sustainable contribution to the growth of
               Attention to the alignment of the way of working,       the organization.




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                 Human Resource Fulfillment                                 employer branding is continuously strengthened
                 Meeting human resource needs is one of the Bank’s          through various official social media platforms of
                 main priorities by implementing a recruitment              the Bank, aimed at attracting top talent and building
                 strategy through both internal and external sources        a positive image as an innovative and dynamic
                 to ensure that critical positions and other roles are      workplace.
                 filled by competent talent.
                                                                            In 2024, the Bank successfully recruited 1,890
                 The recruitment process is carried out with a              employees through external channels, with a
                 digital approach through various job portals               distribution of 547 people (29%) at the Head Office
                 and technology-based recruitment systems to                and 1,343 people (71%) at the Regional Offices and
                 accelerate and improve the efficiency of candidate         Branch Offices.
                 selection. Additionally, the Bank continues to hold
                 various direct recruitment activities, such as walk-in     In addition to direct recruitment, workforce
                 interviews and job fairs, to reach potential employees     fulfillment is also carried out through development
                 in various regions.                                        programs based on generalist and functional tracks.
                                                                            These programs are specifically designed to align
                 One effective strategy that continues to be                with the Bank’s business needs. Each participant in
                 implemented is the Employee Referral Program,              these development programs is selected through
                 which encourages employee participation in                 a systematic selection process, considering the
                 recommending qualified candidates. In addition,            established criteria.




                                                                                                      Total
                   No               Types of Development Programs in 2024
                                                                                  Batch          %            Participants    %
                    1      Retail Funding Officer Training (RFOT)                    8          13%                 68        7%

                    2      Retail Funding Training Program (RFTP)                   16          25%               293        28%

                    3      Branch Manager Training Program (BMTP)                    4           6%                 44        4%

                    4      Young Financial Academy (YFA)                            29          45%               484        46%

                    5      Team Leader Training Program (TLTP)                       1           2%                 11        1%

                    6      Mega Management Development Program (MMDP)                6           9%               141        14%

                   Total                                                            64         100%              1,041       100%




                 Career Development                                         Organizational Development
                 The implementation of career development                   In an effort to support business growth that aligns
                 programs for employees is carried out continuously         with the strategy and long-term plans, the Bank
                 to retain high-quality talent and encourage optimal        continues to implement organizational development
                 performance achievement. Career development                programs sustainably. These programs are designed
                 programs are designed by considering individual            by considering various internal and external factors
                 career planning as well as the organization’s              that influence the dynamics of the banking industry.
                 established needs, ensuring that each employee             Internal factors, such as the quality of human resources
                 has the opportunity to grow according to their             and the effectiveness of coordination between work
                 potential and competencies. Employees’ careers can         units, both in business lines and support units, are
                 develop within the same function or job family or          crucial aspects in strengthening the organization’s
                 through cross-functional transfers to other relevant       capabilities. Meanwhile, external factors, such as
                 areas. The Bank applies a “promotion from within”          the acceleration of digital technology development
                 approach to fill positions, where employees are given      and increasing industry competitiveness, are
                 the opportunity to occupy higher positions through         key considerations in formulating organizational
                 internal promotion processes. Various training and         development strategies to remain relevant and
                 development programs are organized to equip                adaptive to change.
                 employees for their new roles.




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                                                         Management
                                                         Analysis and
                                                         Discussion




               The optimization of the organization’s structure and       industry demands and is capable of contributing
               functions is carried out systematically to improve         optimally in facing the evolving dynamics of the
               efficiency and drive more productive performance.          banking sector.
               The process of organizational improvement is
               continuously implemented across all lines and              The competency certification program is carried out
               functions to ensure that the Bank maintains high           continuously to ensure that employees possess skills
               flexibility and competitiveness in facing future           that align with industry standards and applicable
               industry challenges.                                       regulations. In the field of risk management, the
                                                                          Bank organizes Risk Management Certification
               Education,        Development,      and    Employee        (SMR) Levels 4 to 7 in accordance with the
               Training                                                   provisions of SEOJK No. 28/SEOJK.03/2022 on Risk
               The Bank is consistently committed to developing the       Management Certification for Human Resources
               capabilities and enhancing the competencies of its         in Commercial Banks. The Bank also organizes
               employees continuously to support the achievement          various certification programs for employees,
               of business strategies and ensure operational              including Payment System Certification (SP),
               effectiveness across all work lines. Throughout 2024,      Treasury Certification, Indonesian Life Insurance
               the Bank continued to build a learning organization        Association (AAJI) Certification, Securities Broker
               that encourages each employee to improve their             Representative - Market (WPPE-P), and Mutual
               Knowledge, Skills, and Attitudes, enabling them            Fund Selling Agent Representative (WAPERD). In
               to adapt to industry changes and make an optimal           line with the development of technology and data
               contribution in creating value for stakeholders.           protection regulations, the Bank facilitates various
               The implementation of various human resource               certifications in the field of Information Technology
               development and training programs has made the             and cybersecurity, including IT Security Certification,
               Bank increasingly prepared to face the challenges          Personal Data Protection (PDP) Certification, and
               of the banking industry and continue to transform in       IT Audit Certification. Furthermore, the Bank also
               the rapidly evolving digital era.                          facilitates other certifications such as Certified
                                                                          Data Center Professional, Certified Data Protection
               Throughout 2024, the Bank remained committed               Officer, Database Certification, Network Certification,
               to enhancing human resource capabilities by                Hacking Certification, Cyber Security Certification,
               organizing over 1,200 training programs involving          and Certified APPSEC Practitioner (CAP).To enhance
               more than 80,000 participants. These programs              compliance with legal aspects in the banking sector,
               include competency certification, development              the Bank also facilitates Legal Auditor Certification,
               of technical (hard skills) and non-technical (soft         aimed at ensuring professionalism in audit and legal
               skills) skills, as well as leadership training to ensure   governance aspects.
               employee readiness in facing the dynamics of the
               banking industry.The training is designed according        The Bank has obtained authorization from the
               to the organization’s needs and carried out through        Professional Certification Institute (LSP) as a
               various methods, both in-person and digital-based.         provider of Competency-Based Training (PBK) for
               The use of digital learning, including virtual learning,   Risk Management Certification (SMR), enabling it
               hybrid learning, and e-Learning, provides flexibility      to conduct preparatory training for employees who
               for employees to continuously develop their                will undergo certification, as well as maintenance
               competencies anytime and anywhere.                         programs for employees who have been certified. The
                                                                          Bank has also obtained authorization as a Training
               The development of human resource quality is carried       Institute (LPK) for Payment System Certification
               out in a planned and continuous manner in line with        (SP), which will begin operations in 2025.
               the Human Resource Development Plan outlined
               in the Bank’s Business Plan. The implementation            The Bank ensures the implementation of IT Security
               of the program includes fulfilling the certification       Awareness, Anti-Money Laundering & APU/PPT,
               requirements for Work Competency in the banking            and Consumer Protection training for both new
               sector (SKKNI), certification of competencies outside      employees and periodic refreshment sessions. The
               the banking sector, as well as the development of          Bank also intensively provides training on Personal
               technical skills, non-technical skills, and leadership     Data Protection in line with the implementation of
               skills. Through this approach, the Bank ensures that       Law No. 27 of 2022, which will come into effect in
               each employee has competencies that align with             October 2024.




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                 The Bank continuously organizes the Mega                         the understanding of product knowledge and risk
                 Management Development Program (MMDP), an                        management. Various mentoring programs are
                 acceleration program designed to develop future                  carried out to improve employee capabilities, such
                 leaders with a comprehensive understanding of the                as Sales Clinics, Coaching in the Credit Business
                 banking industry. Through this program, participants             Forum, and credit briefing sessions provided and led
                 are expected to gain deep insights into banking                  by Senior Management.
                 strategies and processes from various perspectives,
                 as well as the supporting soft skills. Graduates of              Competency strengthening is also provided to
                 the MMDP have been placed in various strategic                   improve service quality through the optimization
                 functions, and many have since held key positions,               of Frontliner roles and efforts to enhance the
                 both in structural and functional roles, significantly           capabilities of the Operations team in supporting
                 contributing to the growth and sustainability of the             smooth business processes across the entire banking
                 Bank’s business.                                                 service network. The Bank also strengthens the
                                                                                  Collection team to be more effective in handling
                 Various development programs are designed and                    non-performing credit management through a series
                 implemented to strengthen employee competencies                  of training programs.
                 in business and marketing sectors. These include
                 the Branch Manager Training Program (BMTP) for                   To support employee learning and development, the
                 prospective branch heads, as well as development                 Bank has optimized the e-Learning platform, which
                 programs for the marketing team through the Retail               can be accessed anytime and anywhere. Throughout
                 Funding Officer Training Program (RFOTP) and                     2024, more than 30 thousand participants have
                 Retail Funding Training Program (RFTP).                          completed various e-Learning modules, including
                                                                                  Company Regulations, Handling Complaints, APU/
                 The enhancement of skills in the credit field covers             PPT, IT Security Awareness, Good Corporate
                 the entire credit cycle, from initiation to credit               Governance, Sustainable Financial Action Plan, Basic
                 quality management. Training programs related to                 Credit, as well as other materials such as Introduction
                 comprehensive materials are conducted, including                 to Risk Management, Personal Data Protection, and
                 Basic Credit, Credit Analysis, Administration, Legal,            Trade Finance. The Bank will continue to develop
                 Custody, and Appraisal, as well as strengthening                 e-Learning in line with organizational needs and
                                                                                  industry developments.


                 Employee Education, Development and Training

                                                            Type of Program                                      Batch      Participants

                   In- House             Reguler Training                                                           201        13.178

                   Certification         Risk Management Certification                                               12           388

                                         Rupiah Payment & Money Management System Certification                      30           895

                   Training              Retail Funding Officer Training (RFOT)                                       8            68

                                         Retail Funding Training Program (RFTP)                                      16           293

                                         Branch Manager Training Program (BMTP)                                       4            44

                                         Young Financial Academy (YFA)                                               29           484

                                         Team Leader Training Program (TLTP)                                          1            11

                   Development           Mega Management Development Program (MMDP)                                   6           141

                   Workshop                                                                                          18           703

                   Sosialisasi                                                                                      223        30.467

                   Coaching                                                                                          10            35

                   Corporate Outbound                                                                               229         5.276
                   Training (COT)

                   Off – House           Reguler                                                                    176           315

                   Sertifikasi           Sertifikasi WPPE (PPL)                                                      56           119

                                         Sertifikasi WAPERD                                                          32            57

                                         Sertifikasi AAJI                                                            16            20




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                                                             Analysis and
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                                                      Type of Program                                                Batch        Participants

                                      Sertifikasi Manajemen Risiko (SMR)                                                   4             13

                                      Sertifikasi Sistem Pembayaran & Pengelolaan Uang Rupiah (SPPUR)                     28            114

                                      Sertifikasi Treasury                                                                 6             13

                                      Certified People Development Specialist                                              1              1

                                      Sertifikasi Pendidikan Dasar Penilaian 1 (PDP 1) Properti                            1              1

                                      Sertifikasi Auditor Hukum                                                            1              1

                                      Certified Data Center Professional                                                   1              1

                                      Certified Data Protection Officer                                                    1              2

                                      Sertifikasi Database                                                                 1              1

                                      Sertifikasi Network                                                                  3              5

                                      Sertifikasi Hacking                                                                  4              8

                                      Sertifikasi Cyber Security                                                           1              1

                                      Certified APPSEC Practitioner (CAP)                                                  1              1

                Workshop                                                                                                  10             18

                Sosialisasi                                                                                               97           2.710

                Coaching                                                                                                   2              4

                e-Learning & Online                                                                                       19         30.171
                Test

                Jumlah                                                                                                 1.248         85.559



               Human Resources System Development                                  In line with the development of the organization,
               The Bank continues to develop its human resources                   innovations in the HR system will continue to be
               management system with the support of digital                       developed to create a more modern, adaptive
               technology to improve process efficiency and                        work environment that supports a better employee
               ease of access for all employees. The available                     experience. The increasingly mature digital approach
               employee self-service systems, such as performance                  presents an HR system that is not only efficient but
               management, online attendance, online recruitment,                  also adds value in enhancing service quality and
               and e-Learning, are now further optimized with more                 employee productivity.
               innovative features and multiplatform accessibility.
                                                                                   2024   Primary            Employee          Engagement
               Throughout 2024, the development and refinement of                  Programs
               the HR system continued through the enhancement                     In an effort to create a better work environment
               of features in various modules supporting employee                  and support employee well-being, the Bank has
               needs. Some of the updates and improvements                         implemented     various   engagement     programs
               implemented include the digital submission of                       throughout 2024. These programs are designed to
               documents or certificates, employee insurance                       improve the quality of life for employees through
               registration, the Know Your Employee (KYE) system,                  a holistic approach, covering physical, mental, and
               online leave management, and easier and more                        social aspects.
               integrated employee credit applications.
                                                                                   With a focus on physical health, mental well-being,
               The digital improvement of the HR system is directed                and social relationship development, the Bank is
               towards full integration with a more comprehensive                  committed to creating a positive and productive work
               technology ecosystem, thus not only improving                       atmosphere. Through various interactive activities
               operational effectiveness but also providing a better               and community spaces, employees are encouraged
               experience for employees. Technology-based internal                 to actively participate, allowing them to express their
               communication and information platforms are also                    interests and talents, while strengthening bonds with
               continuously developed to ensure faster, interactive,               colleagues. As a result, these engagement programs
               and easily accessible information dissemination for                 not only contribute to individual well-being but also
               all employees.                                                      to the overall success of the organization.




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                                                                                   Maintaining and improving employees’ mental health
                   Supporting employees’ physical health through sports
                                                                                   through increased awareness, counseling, and psychological
                   programs, health check-ups, and health awareness.
                                                                                   support.




                                                                                   Community spaces at Bank Mega that accommodate
                   Supporting employees’ physical health through sports
                                                                                   employees’ interests and talents through various activities
                   programs, health check-ups, and health awareness.
                                                                                   and hobby groups.




                 Employee Demographic Table
                 The employee demographics as of December 31, 2024 are shown in the following tables..

                 Number of Employees by Gender/Sex                                Number of Employees by Position
                                 Gender                   2024        2023                Grade/Organization Level          2024         2023
                   Male                                     2,618         2,853   Vice President                                311          317

                   Female                                   3,083         3,391   Manager                                      1,396       1,294

                   Total                                    5,701         6,244   Officer                                      2,086       2,412

                                                                                  Administration                               1,908       2,221
                 Number of Employees by Grade                                     Total                                        5,701       6,244
                                  Age                     2024        2023
                   20-24 years                                403          549    Number of Employees by Employment Status
                   25-29 years                              1,364         1,494             Employment Status               2024         2023
                   30-34 years                              1,099         1,151   Permanent Employee                           4,416       4,729

                   35-39 years                              1,067         1,215   Non-Permanent Employee                       1,285       1,515

                   40-44 years                                862          924    Total                                        5,701       6,244

                   45-49 years                                459          445

                   50-54 years                                357          392    Number of Employees by Education Level
                   55-59 years                                 73           62                Education Level               2024         2023

                   > 60 years                                  17           12    High School                                   161          204

                   Total                                    5,701         6,244   Diploma (1-2)                                  23              26

                                                                                  Diploma (3-4)                                 820          950

                                                                                  Bachelor’s Degree                            4,502       4,875

                                                                                  Graduate & Post Graduate Degree               195          189

                                                                                  Total                                        5,701       6,244


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               INFORMATION                                               In addition, the Bank has conducted risk assessments

               TECHNOLOGY                                                and ensured effective controls in the internal control
                                                                         system to minimize inherent and residual risks, as
                                                                         well as their impact on the management and use of
               The development of the Financial and Banking industry     Information Technology Services.
               today cannot be separated from the advancements
               in Information Technology (IT). Bank Mega, as one         Through its IT and Cyber Risk Management division,
               of the continuously growing banks, has undoubtedly        as a second line of defense, the Bank carries out
               been enhancing its digital transaction services to        consultation and communication functions with
               meet customer needs through product and feature           business units and/or support units within the first
               innovations based on digital technology. Furthermore,     line of defense regarding the risk management of
               the Bank consistently invests in Information              Information Technology Service usage.
               Technology and Security Systems to ensure the
               reliability, stability, and security of its systems.      As part of the Bank’s efforts to manage information
                                                                         and security risks effectively, the Bank has
               In order to support various steps of digital capability   implemented and obtained the international
               development, Bank Mega consistently invested in           certification ISO 27001:2013 for Information Security
               Information Technology (IT) and Bank Cybersecurity        Management Systems (ISMS). Under ISO 27001, the
               System. In 2024, investment in IT, especially for         Bank is required to continually establish, implement,
               the purchase of Hoxhunt tools amounted to                 maintain, and improve the information security
               IDR247,807,500.                                           management system in accordance with its scope.

               IT and Cyber Risk                                         The Bank also fosters awareness regarding Information
               The Bank has established an Information Technology        Technology and Cyber Risk Management among all
               and Cyber Risk Management Policy, as well as a            employees, covering Technology and Information
               Cyber Resilience and Security Policy, in accordance       Security Risks, including Cyber Risk, through various
               with the latest regulations. These policies serve as a    communication media, such as e-learning, mail
               reference for implementing risk management in the         blasts, Mega Employee Mobile (MEMo), Mega Web,
               use of Information Technology Services within the
               Bank’s environment.



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                 PC/laptop wallpapers, the Information Technology          of updated versions, the frequency of cyberattacks,
                 Risk and Cyber Resilience bulletin (INTERAKSI), and       and the impact of cyber incidents. This step will
                 online training related to ISO 27001.                     assist the Bank in monitoring the vulnerabilities of its
                                                                           IT systems against cyber threats and attacks.
                 The Bank has also conducted cybersecurity testing
                 based on vulnerability analysis to identify weaknesses    Strategy of it Development in 2024
                 in the Bank’s systems, including vulnerability            In addition to IT applications, Bank Mega is
                 assessments followed by penetration testing.              implementing strategic developments in the field of
                                                                           IT Infrastructure, which is divided into one aspect,
                 Additionally, the Bank conducts cybersecurity             namely Operational Excellence, which includes:
                 testing based on scenarios to validate the response       •   Continuous development of IT infrastructure,
                 processes to potential cyber threats and recovery             including core banking & core credit system
                 from potential cyber incidents, including Table-Top           hardware, network & server hardware, and
                 Exercises to assess the Bank’s readiness to respond           security systems;
                 to cyber incidents, and Social Engineering Exercises      •   Continuous development of Data Center
                 in the form of phishing email simulations sent to all         facilities, including improvements to electrical
                 Bank employees. Furthermore, the Bank has also                and mechanical systems;
                 conducted a thematic review of user access to the         •   Development of security projects such as
                 core banking system.                                          Security Assessment via Penetration Test and
                                                                               Vulnerability Assessment of the Bank’s IT
                 To enhance the security and confidentiality                   Applications, as well as the implementation of
                 of customer data, the Bank has conducted an                   DDoS protection.
                 assessment of its clear desk and clear screen policies.
                 Every employee is required to take responsibility for     As outlined in the Bank’s Business Plan, the direction
                 maintaining a clean workspace, storing confidential       of Bank Mega’s policy is to transform from a medium-
                 documents in a secure place, and turning off              scale bank to a large-scale bank based on the
                 computer screens when not in use. The purpose of          reliability of an ecosystem that integrates financial
                 this measure is to reduce potential risks such as the     services and retail transactions. Therefore, this IT
                 loss of confidential documents and unauthorized           Strategic Plan contains imperatives and initiatives
                 access.                                                   that will be carried out by IT to support the Bank’s
                                                                           policy direction.
                 The Bank has an IT Risk Tools Policy, which serves as
                 a guideline for the IT Risk unit as the second line of    The Bank is consistently committed to continually
                 defense in the Bank to carry out the identification,      investing in the IT area, including Technology,
                 measurement, monitoring, and control of IT                Applications, and Infrastructure, which also
                 usage risks, as well as to achieve effective IT risk      encompasses      security     (cybersecurity),  data
                 management objectives. The Bank has also updated          management, and is dedicated to building quality
                 its internal provisions regarding IT and Cyber Risk.      IT Human Resources (HR) to continuously deliver
                                                                           the best, high-quality IT products that meet security
                 The Bank has also conducted a self-assessment of          factors.
                 the cybersecurity maturity level and digital maturity
                 level in accordance with the applicable regulatory        The Information Technology Strategic Plan (ITSP) is
                 requirements, and has submitted the results to the        formulated as a guide for IT to support the Bank’s
                 Regulator as part of the report on the current state      business growth during the 2024-2028 period,
                 of the Bank’s IT operations.                              covering three areas, namely:
                                                                           1. Strategic Applications,
                 In the Bank’s Health Level Assessment (PTKB), the         2. Information Technology Infrastructure,
                 Bank has added the aspect of cybersecurity risk           3. Information Technology Organization and
                 as part of the operational risk profile related to the        Governance.
                 use of Information Technology (IT). This aspect
                 includes the use of the Bank’s Endpoint Detection         These three areas are aligned with the Bank’s
                 and Response (EDR) Antivirus based on the number          vision and mission, which give rise to five strategic
                                                                           intentions in the development of the information
                                                                           technology strategy plan:




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                     The Bank’s policy
                                                                Bank Mission                          Strategic Intentions
                         direction

                                                                                                       Synergy with Group and
                 The transformation from a                Become Top of Mind in the                    Non-Group CT Corpora.
                medium-scale bank to a large             banking industry with reliable
                        scale bank.                         financial performance.
                                                                                                   Increasing Fee-Based Income.

                                                          Become the Bank of Choice
                  Unifying financial services
                                                          for Customers that Provides                   Effective and Efficient
                 and retail transactions based
                                                            added value through an                           Operations.
                   on Ecosystem reliability.
                                                             integrated ecosystem.

                                                                                                     Reliable Digital Innovation.
                   Business transformation
                                                           Providing the best service
                 towards a digital ecosystem
                                                            to customers along with
                so that it becomes a onestop
                                                             effective and efficient
                   banking solution for its                                                             Increasing Asset Value
                                                                   operations.
                          customers.                                                                         and Quality.




               Implementation of it Development In 2024                   The Bank also places cyber security and the
               Several IT developments at Bank Mega implemented           protection of personal data as a top priority in
               in 2024 are as follows:                                    all operational processes. The Bank’s measures
               •   Renewal of the Internet Banking System and             include the implementation of the latest encryption
                   Corporate Electronic Banking Services;                 technology, early threat detection systems, and
               •   Development of data management with a                  strengthening network security infrastructure to
                   Customer Relationship Management (CRM)                 protect customer data from potential breaches or
                   concept;                                               cyberattacks, including minimizing fraud risks. In
               •   Development of onboarding features, cashless           addition, the Bank is committed to complying with
                   payments, product features, and corporate              personal data protection regulations and providing
                   ecosystem features on Bank Mega’s Mobile               full transparency to customers regarding the
                   Banking;                                               management of their data.
               •   Development of the credit processing system,
                   including credit scoring review, collection scoring    With strengthening of technology, data protection,
                   review, and restructuring;                             and cybersecurity, the Bank will be able to provide
               •   Development of open APIs for Bank Mega, in             services that are not only efficient and innovative but
                   collaboration with the CT Corpora ecosystem            also ensure safety and trust for all customers. This
                   and third parties, with national standards and in      is in line with the Bank’s vision to become a trusted
                   compliance with regulatory requirements; and           financial partner in the digital era.
               •   Other continuous developments to support the
                   Bank’s operations.                                     Considering the current situation and conditions
                                                                          faced by the Bank, the Bank prioritizes proactive,
               Strategic Plan for The            Development       of     preventive, and solution-oriented efforts that include
               Information Technology                                     strengthening infrastructure, IT security, and personal
               The utilization of technology is a key pillar in the       data protection, as well as developing IT applications
               Bank’s business development strategy moving                followed by focused and sustainable human resource
               forward. With a focus on digitalizing services, the        development to continuously provide maximum
               Bank will provide banking solutions that are faster,       support for its business growth.
               more secure, and easily accessible to customers. The
               Bank’s initiatives include the development of banking
               applications based on Artificial Intelligence (AI) for
               data analytics and personalized services, as well as
               the integration of omni-channel systems to deliver a
               consistent user experience across all platforms.




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                 Strategic Plan for The Development of Information Technology


                                 The Bank will further strengthen Cyber Security and Personal Data Protection as a top priority
                                 and continue to innovate and optimize the digitization of Artificial Intelligence-based services
                                 that are fast, easy and provide a sense of security and comfort for customers, in order to make
                                                               the Bank a trusted financial partner.




                    A                                               B                                              C
                                                                         Improving the Quality of IT
                      Strengthening Cyber Resilience
                                                                        Infrastructure to Support the                       Information Technology
                       & Security and Personal Data
                                                                        Bank’s Innovative Services &                       Application Development
                                Protection
                                                                            Product Development




                          1    Operational Policy                       1   Monitoring Tools                           1    Development to Support
                                                                                                                            Business and Operational
                                                                                                                            needs
                          2    Zero Trust Framework                     2   DRP Optimization
                                                                                                                              Customer    Product    Business
                          3    IT Security Governance                   3   Infrastructure upgrades                          Touchpoint Management   Support


                               Operational Strengthening                                                               2    Replatforming systems
                          4                                         4       Infrastructure Redundancy
                               of Cyber Security                                                                            and applications

                                                                        5   Capacity Planning                          3    Implementation and
                                                                                                                            refinement
                                                                        6   IT Certification




                                                                    B
                                                                            IT SCM Development



                      1       Operational Policy                1   Regeneration of HR Talent                  1   Budaya Mentorship dan Coaching




                 A. Strategy for Strengthening Cyber Resilience                                       c.   Ensuring assurance of operational and
                    and Security as Well as Personal Data Protection                                       technological processes’ compliance
                    1. Development of Operational Policies                                                 with international information security
                        a. Improvement of Operational Policies to                                          standards and regulations regarding
                           reduce the potential for misuse of access                                       personal data protection, through the
                           rights and fraud, both internal and                                             Information Security Certification and
                           external, through the implementation of                                         Governance Program, which includes
                           a stricter monitoring and control system                                        the following activities:
                           on user access management policies and                                          1) Development of the Information
                           procedures.                                                                         Security     Management     System
                        b. Enhancement of Security Policy and                                                  (ISMS) in accordance with ISO
                           hardening parameters based on the                                                   27001 standards, including annual
                           NIST framework and CIS standards to                                                 surveillance audits.
                           ensure the application of adequate and                                          2) Development        of  the   Privacy
                           up-to-date Security Policies in line with                                           Information Management System
                           the evolving cybersecurity threats and                                              (PIMS) in accordance with ISO 27701
                           increasingly complex infrastructure.                                                standards.
                                                                                                           3) Development of sensitive card
                                                                                                               data protection management in
                                                                                                               accordance with PCI DSS standards.

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                    2.   Implementation of the Zero Trust Framework         3.     Ongoing Infrastructure Updates to maintain
                         for effective protection of system access                 reliability,    availability,   and   durability,
                         and sensitive data by gradually enhancing                 where the Bank continuously reviews and
                         security parameters through:                              updates its infrastructure in alignment with
                         a. Implementation of micro-segmentation                   technological advancements and ongoing
                             to prevent the potential spread of                    business strategies.
                             cyberattacks on critical Bank systems.         4.     Ensuring         Infrastructure     Redundancy
                         b. Implementation of security technology                  to     maintain       continuous     operational
                             tools, through the implementation                     sustainability and conducting regular reviews
                             of: Network Detection and Response                    to identify and eliminate critical points.
                             (NDR),    Secret    Management,      File      5.     Ongoing Capacity Planning, where the Bank
                             Integrity Management (FIM), Multi-                    reviews capacity and resource development,
                             Factor Authentication (MFA), and user                 both physically and virtually, through:
                             access control using Identity and Access              a. Use of Stress Test Tools to measure
                             Management for the Bank’s critical                         system and/or application performance.
                             systems.                                              b. Monitoring Resource Usage Trends to
                                                                                        predict capacity needs based on AI-
                    3.   Implementation of IT Security Governance by                    driven predictions.
                         regularly scheduling cyber security forums         6.     Development of Data Center Environment
                         to monitor and review the development of                  and       Facility     Management       through
                         potential information and cyber security                  continuous Tier III Certification to ensure the
                         vulnerabilities, and formulating follow-up                sustainability of the managed systems.
                         actions for these security gaps.
                                                                         C. Development of Information Technology
                    4.   Strengthening cyber security operations,           Application
                         through:                                           The Bank is making various developments to its
                         a. Development of the Security Operation           services in order to provide a better customer
                             Center (SOC), both internal and external,      experience. These services are developed by
                             by adopting AI-based technologies              optimizing the use of the latest technology and
                             to detect anomalies in transaction             utilizing customer data to deliver services that
                             systems and enhancing the coverage of          are fast, easy, secure, and reliable.
                             threat intelligence solutions to monitor
                             global threats against the Bank’s IT           The Bank will focus on the development and
                             infrastructure.                                reliability of applications, so it can provide a
                         b. Conducting        security   assessments        beyond banking experience to its customers.
                             (Penetration Tests & Vulnerability
                             Assessments) regularly on the Bank’s           1.     Development to Support Business and
                             systems and/or applications.                          Operational Needs
                                                                                   a. Customer Touch Point, where the Bank
               B. Improvement of it Infrastructure Quality to                         will   develop      applications/systems
                  Support Services and        Innovative Product                      that directly interact with and impact
                  Development of The Bank                                             customers, such as M-Smile and Internet
                  1. Development       of    AI-based    Predictive                   Banking.
                     Monitoring Tools that enable early detection
                     of system anomalies to enhance the reliability
                     and availability of systems and infrastructure
                     in a centralized manner.
                  2. Optimization of the Disaster Recovery Plan
                     (DRP) by automating robotic processes for
                     the transfer of active Data Center paths.




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                           b.    Product Management, where the Bank          D. Development of It Human Resources
                                 will develop/utilize applications/systems      To support the Bank’s strategic plans in the
                                 that can foster product diversification        era of digitalization, the Bank is preparing
                                 that can be offered to customers, such         the development of IT human resources (HR),
                                 as Retail Banking System, Credit Card          including by:
                                 System, Wealth Management System,              1. Investing in HR through training and
                                 Open API, Financing System, BI FAST,               certification programs, as well as continuous
                                 and SWIFT.                                         career development.
                           c.    Business Support, where the Bank will          2. Preparing the regeneration of talent through
                                 develop/utilize      applications/systems          the MMDP/ITDP (Mega Management/IT
                                 related to the development of analytical           Development Program).
                                 capabilities based on AI and machine           3. Fostering a culture of mentorship and
                                 learning for all lines of business and             coaching in the areas of hard skills, soft skills,
                                 operational processes.                             and leadership for IT HR.

                      2.   Replatforming the Bank’s systems and
                           applications through the use of the latest
                           technology in new applications and the
                           updating of existing applications to improve
                           performance, innovation, and scalability.

                      3.   Implementation      and     refinement   of
                           application development governance by
                           taking the following steps:
                           a. Adding an architecture forum aimed at
                               ensuring strategic alignment between
                               technology investments and business
                               priorities, and encouraging the use of
                               consistent technology standards across
                               the organization to minimize complexity
                               and improve interoperability between
                               platforms through good architecture
                               design.
                           b. Adapting CI/CD methods so that
                               application development can be done
                               with higher frequency, lower risk, and
                               maintained quality.
                           c. Measuring productivity of application
                               development quality from both speed
                               and quality aspects.




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                                                                 Management
                                                                 Analysis and
                                                                 Discussion




               Capital and
               Risk Management


               Key Metrics Report

                                                                                 a              b              c              d              e
                No.                        Description
                                                                             31-Dec-24      30-Sep-24      30-Jun-24      31-Mar-24      31-Dec-23

                Available capital (amounts)
                  1    Common Equity Tier 1 (CET1)                            20,121,168     20,289,499     18,512,728     18,576,764     20,998,407
                  2    Tier 1                                                 20,121,168     20,289,499     18,512,728     18,576,764     20,998,407
                  3    Total capital                                          20,668,092     20,749,857     18,985,901     19,063,380     21,629,212
                Risk-weighted assets (amounts)
                 4     Total risk-weighted assets (RWA)                       80,189,443     77,373,178     79,084,607     71,414,748     82,661,131
                Risk-based capital ratios as a percentage of RWA
                  5    CET1 ratio (%)                                            25.09%         26.22%         23.41%         23.22%         25.40%
                 6     Tier 1 ratio (%)                                          25.09%         26.22%         23.41%         23.22%         25.40%
                  7    Total capital ratio (%)                                   25.77%         26.81%         24.01%         23.83%         26.17%
                Additional CET1 buffer requirements as a percentage of RWA
                  8    Capital conservation buffer (2.5% from RWA) (%)           2.500%         2.500%         2.500%         2.500%         2.500%
                 9     Countercyclical Buffer (0-2.5% from RWA) (%)              0.000%         0.000%         0.000%         0.000%         0.000%
                 10    Capital Surcharge for Systemic Bank (1%-2.5%) (%)         1.000%         0.000%         0.000%         0.000%         0.000%
                 11    Total of bank CET1 specific buffer requirements (%)       3.500%         2.500%         2.500%         2.500%         2.500%
                       (row 8 + row 9 + row 10)
                 12    CET1 Component for buffer                                 15.77%         16.81%         14.01%         13.83%         16.17%
                Basel III leverage ratio
                 13    Total Exposure                                        139,142,720    133,857,096    131,709,813    130,028,314    135,349,556
                 14    Leverage Ratio, including the impact from the             14.46%         15.16%         14.06%         14.29%         15.51%
                       adjustment of the temporary exemption from
                       account with Bank Indonesia in regards with the
                       fulfill of stipulated Minimum Reserve Requirement
                       (if any)
                14b    Leverage Ratio, excluding the impact from the             14.46%         15.16%         14.06%         14.29%         15.51%
                       adjustment of the temporary exemption from
                       account with Bank Indonesia in regards with the
                       fulfill of stipulated Minimum Reserve Requirement
                       (if any)
                 14c   Leverage Ratio, including the impact of adjustment        14.54%         15.80%         14.39%         14.24%         17.33%
                       of the temporary exemption from account with
                       Bank Indonesia in regards with the fulfill of
                       stipulated Minimum Reserve Requirement (if
                       any), which already included the average from
                       gross asset carrying value Securities Financing
                       Transaction (SFT)
                14d    Leverage Ratio, excluding the impact of                   14.54%         15.80%         14.39%         14.24%         17.33%
                       adjustment of the temporary exemption from
                       account with Bank Indonesia in regards with the
                       fulfill of stipulated Minimum Reserve Requirement
                       (if any), which already included the average from
                       gross asset carrying value Securities Financing
                       Transaction (SFT)
                Liquidity Coverage Ratio (LCR)
                 15    Total high-quality liquid assets (HQLA)                41,277,004     43,721,033     45,238,360     39,082,967     35,437,092
                 16    Total net cash outflow                                 19,201,814     21,313,797     23,870,455     24,185,152     23,074,493
                 17    LCR ratio (%)                                                 215%           205%           190%           162%           154%
                Net Stable Funding Ratio (NSFR)
                 18    Total available stable funding                         82,971,818     79,342,426     77,842,801     79,261,713     78,664,086
                 19    Total required stable funding                          66,279,014     62,045,377     64,835,866     66,799,235     67,641,732
                 20    NSFR ratio (%)                                                125%           128%           120%           119%           116%



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                 Qualitative Analysis                                       High Quality Liquid Asset (HQLA)
                                                                            The High Quality Liquid Asset (HQLA) position in
                 Capital                                                    December 2024 was IDR41.28 trillion, a decrease
                 As of December 31, 2024, capital decreased by              of IDR2.44 trillion compared to the position in
                 IDR83 billion compared to September 30, 2024. This         September 2024 of IDR43.72 trillion. This decrease
                 was primarily due to a loss from the decline in the        in HQLA was caused by:
                 fair value of financial assets in the available-for-sale   a. Decrease in the holding of government bonds by
                 category amounting to IDR555 billion. On the other             IDR1.60 trillion.
                 hand, the profit for the year increased by IDR640          b. Decrease in Placements with Bank Indonesia by
                 billion from September 2024.                                   IDR727.94 billion; and
                                                                            c. Decrease in Cash and Cash equivalents by
                 Capital Adequacy Requirement (CAR)                             IDR115.74 billion.
                 The Capital Adequacy Requirement (KPMM) as of
                 December 2024 was 25.77%, which is above the               Net Cash Outflow
                 regulatory minimum requirement of 13.50%. This             Net Cash Outflow for the December 2024 position
                 ratio decreased by 1.04% compared to September             was IDR19.20 trillion, a decrease of IDR2.11 trillion
                 2024, which stood at 26.81%. The decline was due           compared to the September 2024 position of
                 to an increase in Risk-Weighted Assets (RWA) by            IDR21.31 trillion. The decrease in net cash outflow
                 IDR2.82 trillion compared to September 2024.               was caused by a decrease in cash outflow of IDR1.24
                                                                            trillion and an increase in cash inflow of IDR872.53
                 CET1 (Common Equity Tier 1)                                billion. The following are the significant movements
                 CET1 consists of several components, namely:               in the Net Cash Outflow component ≤30 days:
                 a. Paid-in Capital;                                        1. Cash Outflow
                 b. Disclosed reserve;                                            a. A decrease in Operational CASA by
                 c. Non-controlling interest; and                                     IDR764.80 billion (after weighting); and
                 d. Deduction Factor of CET 1.                                    b. A decrease in Non-Operational by IDR585.20
                                                                                      billion (after weighting).
                 Excess Tier 1 Capital for Buffer Fulfillment was 11.59%.
                                                                            2.   Cash Inflow
                 Liquidity Coverage Ratio (LCR)                                  a. An increase in Interbank Placing by IDR943.14
                 The Liquidity Coverage Ratio as of December 2024                   billion.
                 is 214.96% above the regulatory requirement of 100%
                 (POJK Number 42/POJK.03/2015 on Obligations to             Net Stable Funding Ratio (NSFR)
                 Meet the Liquidity Coverage Ratio for Commercial           Bank Mega’s NSFR (Net Stable Funding Ratio)
                 Banks). The Liquidity Coverage Ratio for the               position in December 2024 is 125.19% above the
                 December 2024 position was 214.96%, an increase of         regulatory requirement of 100% (POJK Number 50/
                 9.83% compared to the September 2024 position of           POJK.03/2017 concerning obligations to meet the
                 205.13%. The increase in this ratio was due to:            Net Stable Funding Ratio). For commercial banks,
                 a. Decrease in High Quality Liquid Assets (HQLA)           Bank Mega’s NSFR position in December 2024
                      by IDR2.44 trillion.                                  was 125.19%, a decrease of 2.69% compared to the
                 b. Decrease in Cash Outflow of IDR1,24 trillion.           position in September 2024 of 127.88%. The increase
                 c. Increase in Cash Inflow of IDR872,53 billion.           in this ratio was due to:
                                                                            a. Increase in Available Stable Funding (ASF) by
                                                                                 IDR3.63 trillion.
                                                                            b. Increase in Required Stable Funding (RSF) of
                                                                                 IDR4.23 trillion




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                                                              Management
                                                              Analysis and
                                                              Discussion




               Differences Between Consolidation Scope Under Accounting Standards and Prudential
               Regulations

               Quantitative Analysis
               The Bank is expected to provide qualitative explanations for financial assets subject to more than one risk.

                                                                                                                 a                        b


                                                                                                         Carrying values as        Carrying values
                                                                                                       reported in published     under the prudential
                                                                                                        financial statements          principle



                Assets
                Cash and placement with Bank Indonesia                                                               9,230,580                9,230,580
                Placement with other banks                                                                            955,392                  955,392
                Traded assets Portfolio                                                                                      -                        -
                Financial assets designated at fair value                                                            3,556,651                3,556,651
                Derrivative Instruments                                                                                48,734                   48,734
                Loans to Bank                                                                                         161,081                  161,081
                Loans to Customers                                                                                64,484,200               64,484,200
                Reverse repurchase and related secured lending                                                       1,389,981                1,389,981
                Financial Instruments measured at fair value through oher comprehensive income                    32,526,017               32,526,017
                Securities sold under repuchased agreements                                                       13,627,572               13,627,572
                Acceptance receivables                                                                                  9,234                    9,234
                Investment                                                                                                657                      657
                Allowance for impairment losses                                                                      (699,987)                (699,987)
                Fixed Assets and inventory                                                                           6,074,013                6,074,013
                Other Assets                                                                                         3,551,369                3,551,369
                Total Assets                                                                                     134,915,494              134,915,494
                Liabilities
                Loans received from Bank                                                                             3,987,600           3,987,600,00
                Liabilities from other Banks                                                                         3,833,032                3,833,032
                Customer Accounts                                                                                 91,669,297               91,669,297
                Repurchase agreements and related secured borrowing                                               12,947,188               12,947,188
                Derrivative Instruments                                                                               121,059                  121,059
                Acceptance Payable                                                                                      9,234                    9,234
                Subordinate Bonds                                                                                      50,000                   50,000
                Security Deposits                                                                                       8,708                    8,708
                Deferred tax Liabilities - net                                                                               -                        -
                Other Liabilities                                                                                    1,107,175                1,107,175
                Total Liabilities                                                                                113,733,293              113,733,293



               Qualitative Analysis
               The majority of the carrying amounts reported in the published financial statements consist of carrying amounts
               according to the Credit Risk Framework. The recorded value of each risk is in accordance with the applicable
               SEOJK / POJK.




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                     c                       d                         e                        f                         g
                                                       Carrying the value of each risk
                                                                                                                   Does not refer to
                                     In accordance with
            In accordance with                                 In accordance with         In accordance          capital requirements
                                     counterparty credit
               the credit risk                                    securitization         with market risk         or based on capital
                                             risk
                                                                                                                       reduction



                         9,230,580                         -                        -                       -
                          955,392                          -                        -                       -
                                 -                         -                        -                       -
                                 -                         -                        -               3,556,651
                                 -                 48,734                           -                 46,954
                          161,081                          -                        -                       -
                      64,493,571                           -                        -                       -
                                 -               1,389,981                          -                       -
                      32,526,017                           -                        -                       -
                      13,627,572                  680,384                           -                       -
                            9,234                          -                        -                       -
                              657                          -                        -                       -
                         (699,987)                         -                        -                       -
                         6,016,372                         -                        -                       -
                         2,216,963                         -                        -                       -
                     128,537,451                 2,119,098                          -               3,603,605                       -


                                 -                         -                        -                       -
                                 -                         -                        -                       -
                                 -                         -                        -                       -
                                 -                         -                        -                       -
                                 -                         -                        -                121,059
                                 -                         -                        -                       -
                                 -                         -                        -                       -
                                 -                         -                        -                       -
                                 -                         -                        -                       -
                                 -                         -                        -                       -
                                 -                         -                        -                121,059                        -




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                                                                 Management
                                                                 Analysis and
                                                                 Discussion




               Key Sources of Differences Between Exposure Under Prudential Regulations and Carrying Values
               Under Financial Accounting Standards

                                                                         a              b                   c               d             e
                                                                                                           Items according to:

                                                                       Total                                           Counterparty
                                                                                    Credit Risk       Securitization                  Market Risk
                                                                                                                        Credit Risk
                                                                                    Framework          Framework                      Framework
                                                                                                                        Framework
                Asset carrying value amount under scope of           134,915,494    128,537,451                    -      2,119,098   3,603,605,05
                regulatory consolidation (as per template LI1)

                Liabilities carrying value amount under regulatory   113,733,293                  -                -              -     121,058,91
                scope of consolidation (as per template LI1)

                Total net amount under regulatory scope of            21,182,201    128,537,451                    -      2,119,098      3,482,546
                consolidation

                Off-balance sheet amounts                              1,127,330       3,606,126

                Differences in valuations                                       -                 -                -              -                 -

                Differences due to different netting rules, other               -                 -                -              -                 -
                than those already included in row 2

                Differences due to consideration of provisions                  -                 -                -              -                 -

                Differences due to prudential filters                           -                 -                -              -                 -

                Exposure amounts considered for regulatory            22,309,531    132,143,577                    -      2,119,098      3,482,546
                purposes


               Qualitative Analysis
               The carrying values as presented in the published financial statements predominantly consist of carrying
               amounts aligned with the credit risk framework. The carrying values for each risk category are determined in
               accordance with the applicable SEOJK/POJK regulations.



               CAPITAL
               Explanation of The Difference Between Exposure Value According to Financial Accounting
               Standards and Prudential Provisions
               Banks must explain the origin of the difference between the carrying value according to financial accounting
               standards, as reported in the financial statements, and the exposure value according to prudential provisions,
               as contained in templates LI1 and LI2.
               a. The bank must explain the source of the significant difference between the values in columns (a) and (b)
                   in LI1.
               b. The bank must explain the source of the difference between the recorded value and the value used for
                   regulatory purposes, as stated in LI2.
               c. By implementing the guidelines on prudential valuation, banks should describe the systems and controls
                   to ensure prudential and reliable valuation estimates. Disclosures must include:
                   (i) Valuation methodology, including explaining the extent of use of mark-to-market and mark-to-model
                         methodologies.
                   (ii) Description of the independent price verification process.
                   (iii) Procedures for valuation or reserve adjustments (including a description of the process and
                         methodology for valuing trading positions by instrument type).

               The carrying amount as stated in the publication of the financial statements has taken into account the
               precautionary principle so that there is no difference between the two values. The carrying amount according to
               each risk is the value in accordance with the POJK for the Calculation of the Credit Risk Framework, Calculation
               of the Securitization Asset Framework, Counterparty Credit Risk Framework, and Market Risk Framework.




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                 Capital Composition

                 Quantitative Analysis
                 Banks are expected to add an explanation of the significant changes and the main causes of the changes.

                                                                                                                                            No. Ref
                                                                                                                           Total             (from
                    No                                          Component
                                                                                                                    (in million rupiah)   Consolidated
                                                                                                                                           Balance 1)

                   CET 1: Instruments and Additional Paid-up Capital
                     1     Directly issued qualifying common share (and equivalent for non-joint stock                     12,217,953                    1
                           companies) capital plus related stock surplus
                     2     Retained earnings                                                                                 6,671,020                   2
                     3     Accumulated other comprehensive income (and other reserves)                                       2,480,005                   3
                     4     Directly issued capital subject to phase out from CET1 (only applicable to non-joint                    N/A               N/A
                           stock companies)
                     5     Common share capital issued by subsidiaries and held by third parties (amount                              -                  4
                           allowed in group CET1)
                     6     Common Equity Tier 1 capital before regulatory adjustments                                      21,368,978

                   CET 1: Faktor Pengurang (Regulatory Adjustment)
                     7     Prudential valuation adjustments                                                                           -
                     8     Goodwill (net of related tax liability)                                                                    -                  5
                     9     Other intangibles other than mortgage-servicing rights (net of related tax liability)              (57,638)
                    10     Deferred tax assets that rely on future profitability excluding those arising from                      N/A
                           temporary differences (net of related tax liability)
                     11    Cash-flow hedge reserve                                                                                 N/A
                     12    Shortfall of provisions to expected losses                                                              N/A
                    13     Securitization gain on sale (as set out in paragraph 562 of Basel II framework)                         N/A
                    14     Gains and losses due to changes in own credit risk on fair valued liabilities                           N/A
                    15     Defined-benefit pension fund net assets                                                                 N/A
                    16     Investments in own shares (if not already netted off paid-in capital on reported                        N/A
                           balance sheet)
                     17    Reciprocal cross-holdings in common equity                                                              N/A
                    18     Investments in the capital of Banking, financial and insurance entities that are                        N/A
                           outside the scope of regulatory consolidation, net of eligible short positions, where
                           the Bank does not own more than 10% of the issued share capital (amount above
                           10% threshold)
                    19     Significant investments in the common stock of Banking, financial and insurance                         N/A
                           entities that are outside the scope of regulatory consolidation, net of eligible short
                           positions (amount above 10% threshold)
                    20     Mortgage servicing rights (amount above 10% threshold)                                                  N/A
                    21     Deferred tax assets arising from temporary differences (amount above 10%                                N/A
                           threshold, net of related tax liability)
                    22     Amount exceeding the 15% threshold                                                                      N/A
                    23     of which: significant investments in the common stock of financials                                     N/A
                    24     of which: mortgage servicing rights                                                                     N/A
                    25     of which: deferred tax assets arising from temporary differences                                        N/A
                    26     National specific regulatory adjustments                                                                N/A
                   26a.    Difference between PPA and allowance                                                              (695,026)
                   26b.    PPA from non-productive assets                                                                    (389,604)
                   26c.    Deferred tax assets                                                                               (105,542)                   7
                   26d.    Investments                                                                                                -
                   26e.    Capital shortfall in insurance subsidiary                                                               N/A
                    26f.   Securitization exposure                                                                                 N/A
                   26g.    Others                                                                                                  N/A




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                                                                 Management
                                                                 Analysis and
                                                                 Discussion




                                                                                                                                        No. Ref
                                                                                                                       Total             (from
                  No                                         Component
                                                                                                                (in million rupiah)   Consolidated
                                                                                                                                       Balance 1)

                  27    Regulatory adjustments applied to Common Equity Tier 1 due to insufficient                                -
                        Additional Tier 1 and Tier 2 to cover deductions

                  28    Total regulatory adjustments to Common equity Tier 1                                           (1,247,810)

                  29    Common Equity Tier 1 capital (CET1)                                                            20,121,168

                Additional Tier 1 capital: Instruments

                  30    Directly issued qualifying Additional Tier 1 instruments plus related stock surplus                       -

                  31    of which: classified as equity under applicable accounting standards                                   N/A

                  32    of which: classified as liabilities under applicable accounting standards                              N/A

                  33    Directly issued capital instruments subject to phase out from Additional Tier 1                        N/A

                  34    Additional Tier 1 instruments (and CET1 instruments not included in row 5) issued                      N/A
                        by subsidiaries and held by third parties (amount allowed in group AT1)

                  35    of which: instruments issued by subsidiaries subject to phase out                                      N/A

                  36    Additional Tier 1 capital before regulatory adjustments                                                   -

                Additional Tier 1 capital: regulatory adjustments

                  37    Investments in own Additional Tier 1 instruments                                                       N/A

                  38    Reciprocal cross-holdings in Additional Tier 1 instruments                                             N/A

                  39    Investments in the capital of Banking, financial and insurance entities that are                       N/A
                        outside the scope of regulatory consolidation, net of eligible short positions, where
                        the Bank does not own more than 10% of the issued common share capital of the
                        entity (amount above 10% threshold)

                  40    Significant investments in the capital of Banking, financial and insurance entities                    N/A
                        that are outside the scope of regulatory consolidation (net of eligible short
                        positions)

                  41    National specific regulatory adjustments                                                               N/A

                 41a.   Investments in AT1 instruments in other banks                                                          N/A

                  42    Regulatory adjustments applied to Additional Tier 1 due to insufficient Tier 2 to                      N/A
                        cover deductions

                  43    Total regulatory adjustments to Additional Tier 1 capital                                                 -

                  44    Amount of AT 1 after deduction factor                                                                     -

                  45    Tier 1 capital (T1 = CET1 + AT1)                                                               20,121,168

                Tier 2 capital: instruments and provisions

                  46    Directly issued qualifying Tier 2 instruments plus related stock surplus                             4,167

                  47    Directly issued capital instruments subject to phase out from Tier 2                                   N/A

                  48    Tier 2 instruments (and CET1 and AT1 instruments not included in rows 5 or 34)                         N/A
                        issued by subsidiaries and held by third parties (amount allowed in group Tier 2)

                  49    of which: instruments issued by subsidiaries subject to phase out                                      N/A

                  50    Provisions                                                                                        542,757

                  51    Total Supplementary Capital (Tier 2) before deduction factor                                      546,924

                Tier 2 capital: regulatory adjustments

                  52    Investments in own Tier 2 instruments                                                                  N/A

                  53    Reciprocal cross-holdings in Tier 2 instruments                                                        N/A

                  54    Investments in the capital of Banking, financial and insurance entities that are                       N/A
                        outside the scope of regulatory consolidation, net of eligible short positions, where
                        the Bank does not own more than 10% of the issued common share capital of the
                        entity (amount above the 10% threshold)

                        Investments in other TLAC liabilities of banking, financial and insurance entities
                        that fall outside the scope of regulatory consolidation and, for which the bank does
                        not own more than 10% of the issued entity’s common stock: an amount previously
                        set for the 5% limit but which no longer eligible (only for Systemic Banks)




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                                                                                                                                             No. Ref
                                                                                                                            Total             (from
                    No                                          Component
                                                                                                                     (in million rupiah)   Consolidated
                                                                                                                                            Balance 1)

                    55     Significant investments in the capital Banking, financial and insurance entities that                    N/A
                           are outside the scope of regulatory consolidation (net of eligible short positions)

                    56     National specific regulatory adjustments

                   56a.    Sinking fund                                                                                             N/A

                   56b.    Investments in Tier 2 instruments in other banks                                                         N/A

                    57     Total regulatory adjustments to Tier 2 capital                                                              -

                    58     Tier 2 capital (T2)                                                                                 546,924

                    59     Total capital (TC = T1 + T2)                                                                     20,668,092

                    60     Total risk weighted assets                                                                       80,189,443

                   Capital Ratios and Buffers

                    61     Common Equity Tier 1 (as a percentage of risk weighted assets)                                       25.09%

                    62     Tier 1 (as a percentage of risk weighted assets)                                                     25.09%

                    63     Total capital (as a percentage of risk weighted assets)                                              25.77%

                    64     Buffer (as a percentage of risk weighted assets)                                                     15.77%

                    65     Capital Conservation Buffer                                                                           2.50%

                    66     Countercyclical Buffer                                                                                0.00%

                    67     Higher Loss Absorbency Requirement                                                                    0.00%

                    68     For Conventional Commercial Bank: CET 1 is used to meet Buffer                                       15.77%
                           (percentage on RWA) For Bank’s branch offices from overseas: Part of CEMA
                           business funds (will be disclosed as percentage of RWA) is used to meet Buffer

                   National minimal (if different from Basel 3)

                    69     National Common Equity Tier 1 minimum ratio (if different from Basel 3 minimum)                          N/A

                    70     National Tier 1 minimum ratio (if different from Basel 3 minimum)                                        N/A

                    71     National total capital minimum ratio (if different from Basel 3 minimum)                                 N/A

                   Amounts below the thresholds for deduction (before risk weighting)

                    72     Non-significant investments in the capital and other TLAC liabilities of other                           N/A
                           financial entities

                    73     Significant investments in the common stock of financials                                                N/A

                    74     Mortgage servicing rights (net of related tax liability)                                                 N/A

                    75     Deferred tax assets arising from temporary differences (net of related tax liability)                    N/A

                   Applicable caps on the inclusion of provisions in Tier 2

                    76     Provisions eligible for inclusion in Tier 2 in respect of exposures subject to                           N/A
                           standardised approach (prior to application of cap)

                    77     Cap on inclusion of provisions in Tier 2 under standardised approach                                     N/A

                    78     Provisions eligible for inclusion in Tier 2 in respect of exposures subject to internal                  N/A
                           ratings-based approach (prior to application of cap)

                    79     Cap for inclusion of provisions in Tier 2 under internal ratings-based approach                          N/A

                   Capital instruments subject to phase-out arrangements (only applicable between 1 Jan 2018 and 1 Jan 2022)

                    80     Current cap on CET1 instruments subject to phase out arrangements                                        N/A

                    81     Amount excluded from CET1 due to cap (excess over cap after redemptions and                              N/A
                           maturities)

                    82     Current cap on AT1 instruments subject to phase out arrangements                                         N/A

                    83     Amount excluded from AT1 due to cap (excess over cap after redemptions and                               N/A
                           maturities)

                    84     Current cap on T2 instruments subject to phase out arrangements                                          N/A

                    85     Amount excluded from T2 due to cap (excess over cap after redemptions and                                N/A
                           maturities)




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                                                                Management
                                                                Analysis and
                                                                Discussion




               Qualitative Analysis
               Capital as of December 31, 2024, decreased by IDR963 billion compared to December 31, 2023, with the
               decline originating from Tier 1 Capital by IDR879 billion and Tier 2 Capital by IDR84 billion. The Minimum
               Capital Adequacy Requirement (KPMM) ratio as of December 2024 stood at 25.57%, still above the regulatory
               requirement of 13.50%. This ratio decreased by 0.39% compared to December 2023, which was 26.17%. However,
               the bank’s Risk-Weighted Assets (ATMR) also declined by IDR2.472 trillion, with Credit Risk ATMR decreasing
               by IDR1.848 trillion, Market Risk ATMR decreasing by IDR585 billion, and Operational Risk ATMR decreasing by
               IDR39 billion.

               Capital Reconciliation
                                                                                                                                (in million Rupiah)

                                                                                                               Published Balance
                                                                                       Statement of             with Coverage
                No.                                  Account                                                                          No. Reff
                                                                                     Financial Position       Under the Prudential
                                                                                                                   Principles

                Asset

                  1.    Cash                                                                     873,509                   873,509

                  2.    Placements with Bank Indonesia                                         8,357,071                 8,357,071

                  3.    Placements with other banks                                              955,392                   955,392

                  4.    Spot and derivative / forward receivables                                 48,734                    48,734

                  5.    Securities                                                            36,082,668                36,082,668

                  6.    Securities sold under repurchase agreements (repo)                    13,627,572                13,627,572

                  7.    Claims from securities purchased under resale agreements               1,389,981                 1,389,981
                        (reverse repo)

                  8.    Acceptance receivables                                                     9,234                     9,234

                  9.    Loans                                                                 64,645,281                64,645,281

                 10.    Sharia financing/receivables                                                      -                       -

                 11.    Equity Participation                                                         657

                        a. Calculated in CAR                                                              -                       -

                        b. Not calculated in CAR                                                          -                    657

                 12.    Other financial asset                                                  1,223,542                 1,223,542

                 13.    Impairment on financial assets -/-

                        a. Securities                                                                     -                       -

                        b. Loans                                                                (664,877)                (664,877)

                        c. Others                                                                (35,110)                  (35,110)

                 14.    Intangible assets

                        a   Goodwill                                                                      -                       -             5

                        b. Other intangible assets                                               403,915                   403,915              6

                        Accumulated amortization of intangible assets -/-                       (346,277)                (346,277)              6

                 15.    Fixed assets and equipment                                             7,583,088                 7,583,088

                        Accumulated depreciation on fixed assets and equipment -/-            (1,566,713)               (1,566,713)

                 16.    Non-productive assets

                        a. Abandoned properties                                                    5,300                     5,300

                        b. Foreclosed assets                                                   1,324,248                 1,324,248

                        c. Suspense accounts                                                              -                       -

                        d. Interbranch assets                                                             -                       -

                 17.    Other assets                                                             998,279                   998,279

                        Deferred tax assets                                                               -                       -             7

                Total Asset                                                                  134,915,494               134,915,494




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                                                                                                                                       (in million Rupiah)

                                                                                                                      Published Balance
                                                                                              Statement of             with Coverage
                   No.                                   Account                                                                             No. Reff
                                                                                            Financial Position       Under the Prudential
                                                                                                                          Principles
                   Liability and Equity

                   Liability

                    1.      Demand deposits                                                          10,382,648                10,382,648

                    2.      Saving deposits                                                          17,187,644                17,187,644

                    3.      Time deposits                                                            64,099,005                64,099,005

                    4.      Electronic Money                                                             29,848                    29,848

                    5.      Liabilities to Bank Indonesia                                                        -                       -

                    6.      Liabilities to other banks                                                3,833,032                 3,833,032

                    7.      Spot and derivative/forward liabilities                                     121,059                   121,059

                    8.      Securities sold under repurchase agreements (repo)                       12,947,188                12,947,188

                    9.    Acceptance liabilities                                                          9,234                     9,234

                    10.   Securities issued                                                              50,000                    50,000              9

                    11.   Borrowings

                          a. Calculated in CAR                                                                   -                       -

                          b. Not Calculated in CAR                                                    3,987,600                 3,987,600

                    12.   Margin deposits                                                                 8,708                     8,708

                    13.   Interbranch liabilities*

                          a. Operating in Indonesia                                                              -                       -

                          b. Operating outside Indonesia                                                         -                       -

                    14.   Other liabilities                                                           1,077,327                 1,077,327

                    15.   Minority Interest                                                                      -                       -

                   Total Liability                                                                  113,733,293               113,733,293

                   Equity
                    17.   Paid up Capital
                          a. Authorized Capital                                                      13,500,000                13,500,000              1
                          b. Unpaid Capital -/-                                                      (7,629,538)               (7,629,538)             1
                          c. Repurchased shares (treasury stock) -/-                                             -                       -
                    18.   Additional paid-up capital
                          a. Agio                                                                     6,347,491                 6,347,491              1
                          b. Disagio -/-                                                                         -                       -
                          c. Donated capital                                                                     -                       -
                          d. Capital deposit funds                                                               -                       -
                          e. Others                                                                              -                       -
                    19.   Other comprehensive income
                          a. Adjustments due to explanation of financial statements in                           -                       -
                             foreign currencies
                          b. Gains (losses) from changes in the value of classified                    (555,139)                (555,139)              3
                             financial assets are available for measurement at fair value
                             through other comprehensive income
                          c. Effective portion of cash flow hedge                                                -                       -
                          d. Fixed assets revaluation profit                                          3,033,358                 3,033,358              3
                          e. Portion of other comprehensive income from associates                               -                       -
                          f.   Gain (loss) on defined benefit actuarial plan                           (187,526)                (187,526)
                          g. Income tax of other comprehensive income                                            -                       -
                          h. Others                                                                         749                       749




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                                                               Management
                                                               Analysis and
                                                               Discussion




                                                                                                                                 (in million Rupiah)

                                                                                                                Published Balance
                                                                                        Statement of             with Coverage
                No.                                Account                                                                             No. Reff
                                                                                      Financial Position       Under the Prudential
                                                                                                                    Principles
                 20.   Difference in quasi reorganization                                                  -                       -
                 21.   Difference in restructuring of entities under common control                        -                       -
                 22.   Other Equity                                                                        -                       -
                 23.   Reserves
                       a. General Reserves                                                          1,786                     1,786              3
                       b. Purpose reserves                                                                 -                       -             8
                 24.   Profit/Loss
                       a. Past years                                                            6,497,386                 6,497,386              2
                       b. Current Years                                                         2,631,054                 2,631,054              2
                       c. Dividend payout -/-                                                  (2,457,420)               (2,457,420)             2
                Total Equity Attributable to Owners                                            21,182,201                21,182,201
                 25.   Non controlling interests                                                                                                 4
                Total Equity                                                                   21,182,201                21,182,201

                Total Liabilities and Equity                                                  134,915,494               134,915,494              -


               Qualitative Analysis
               Capital of the Bank is calculated according to regulation of POJK No.11/POJK.03/2016 dated January 29, 2016
               concerning Minimum Statutory Deposit for Commercial Bank. Bank Mega ensures that it has sound capital
               structure and in line with Bank’s risk profile, business target and rule on capitalization from Regulator.




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                 Main Features of Capital Instruments

                 Quantitative Analysis
                 The Bank is expected to provide information on terms and conditions including capitalization.

                                                                                                                           Qualitative/Quantitative
                   No.                                             Pertanyaan
                                                                                                                                 Information
                    1    Publisher                                                                                            PT Bank Mega Tbk
                    2    Idenification Number                                                                                        N/A
                    3    Laws used                                                                                             Indonesian Law
                   3a    Instruments that reliable having liability to held on section 13 from TLAC term sheet achieved              N/A
                         Instruments treatment based on CAR
                    4    During the period                                                                                           N/A
                    5    After the period                                                                                             T2
                    6    Is it eligible to Individual/Consolidation or Consolidation and Individual                              Group, solo
                    7    Type of Instrument                                                                               Surat Berharga Subordinasi
                    8    Amount recognized in CAR calculation                                                                        4,167
                    9    Par value from the instrument                                                                              50,000
                    10   Classification based on Financial Accounting Standards                                           Liabilitas - Amortised Cost
                    11   Published date                                                                                          28/05/2020
                    12   without maturity date (perpertual) or with maturity date                                                  By Due
                    13   Maturity date                                                                                           28/05/2025
                    14   Call Option execution from the approval of Otoritas Jasa Keuangan                                            No
                    15   Call option date, disbursed amount and other call option requirements (if any)                              N/A
                    16   Subsequent call option                                                                                      N/A
                         Coupon/dividend
                    17   Dividend/Coupon with Fixed Interest or floating                                                            Fixed
                    18   The level of the coupon rate or other index be the reference                                               9.00%
                    19   Whether or not the dividend stopper                                                                          No
                   20    Fully discretionary; partial or mandatory                                                                Mandatory
                    21   Is there a step-up feature or other incentives                                                               No
                   22    Non cumulative or cumulative.                                                                         Non-cumulative
                   23    Convertible or non-convertible                                                                        Non-convertible
                   24    If converted, specify a trigger point.                                                                      N/A
                   25    If converted, whole or in part                                                                              N/A
                   26    If converted, how the conversion rate                                                                       N/A
                   27    If converted, whether mandatory or optional                                                                 N/A
                   28    If converted, specify the type of instrument conversion                                                     N/A
                   29    If converted, specify the issuer of the instrument converts it into                                         N/A
                   30    Write-down Features                                                                                         Yes
                    31   If the write- down, specify trigger its                                                          Following OJK Regulations
                   32    If the write-down, full or partial                                                               Following OJK Regulations
                   33    If the write-down, permanent or temporary                                                        Following OJK Regulations
                   34    If the temporary write- down, explain mechanisme write- up                                                  N/A
                   34a   Types of subordinates                                                                                  Junior bonds
                   35    Hierarchy of instruments at the time of liquidation                                                         N/A
                   36    Whether the transition to features that are non - compliant                                                  No
                   37    If yes , explain the features of non -complaint                                                             N/A



                 Qualitative Analysis
                 The capital instrument issued by the Bank is a subordinated bond, named Obligasi Subordinasi I PT Bank Mega
                 Tbk Tahun 2020. The Bank’s subordinated bonds were issued to comply with POJK No. 5 of 2024 concerning
                 the Determination of Supervision Status and Handling of Issues in Commercial Banks.



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                                                                          Management
                                                                          Analysis and
                                                                          Discussion




                                                                                                                                               (in million Rupiah)

                                                                                                           December 31, 2024           December 31, 2023
                                                   Capital Components
                                                                                                                Diaudit                    Diaudit

                 I    Core Capital (Tier 1)                                                                            20,121,168                  20,998,407

                      1   Main Core Capital/Common Equity Tier 1 (CET 1)                                               20,121,168                  20,998,407

                          1.1    Paid-in Capital (after deducting Treasury Stock)                                       5,870,462                    5,870,462

                          1.2    Additional Capital Reserves                                                           14,413,886                  15,159,884

                                 1.2.1   Enhancement Factor

                                         1.2.1.1    Other comprehensive income

                                                    1.2.1.1.1   Differences in the translation of                                -                             -
                                                                financial statements

                                                    1.2.1.1.2   Potential gain from an increase in                               -                     140,897
                                                                the fair value of available-for-sale
                                                                financial assets

                                                    1.2.1.1.3   Fixed asset revaluation surplus                         3,033,358                    3,309,118
                                                                balance

                                         1.2.1.2    Other additional capital reserves (other
                                                    disclosed reserves)

                                                    1.2.1.2.1   Agio                                                    6,347,491                    6,347,491

                                                    1.2.1.2.2   General reserve                                             1,786                         1,716

                                                    1.2.1.2.3   Previous year prof                                      4,039,966                    2,711,026

                                                    1.2.1.2.4   Current year profit                                     2,631,054                    3,510,670

                                                    1.2.1.2.5   Capital deposit fund                                             -                             -

                                                    1.2.1.2.6   Others                                                           -                             -

                                 1.2.2   Deduction Factor

                                         1.2.2.1    Other comprehensive income

                                                    1.2.2.1.1   Differences in the translation of                                -                             -
                                                                financial statements

                                                    1.2.2.1.2   Potential loss from decrease in fair                     (555,139)                             -
                                                                value of available-for-sale financial
                                                                assets

                                         1.2.2.2    Other additional capital reserves (other
                                                    disclosed reserves)

                                                    1.2.2.2.1   Disagio                                                          -                             -

                                                    1.2.2.2.2   Previous year loss                                               -                             -

                                                    1.2.2.2.3   Current year loss                                                -                             -

                                                    1.2.2.2.4   Less     difference     between                          (695,026)                   (552,327)
                                                                Allowance for Asset Losses (PPA)
                                                                and Allowance for Impairment
                                                                Losses (CKPN) on earning assets

                                                    1.2.2.2.5   The difference between the                                       -                             -
                                                                amount of fair value adjustment of
                                                                financial instruments in the trading
                                                                book

                                                    1.2.2.2.6   PPA of non-productive assets that                        (389,604)                   (308,707)
                                                                must be formed

                                                    1.2.2.2.7   Others                                                           -                             -

                          1.3    Non-Controlling Interests that can be taken into account

                          1.4    Main Core Capital Deduction Factor                                                      (163,180)                     (31,939)

                                 1.4.1   Deferred tax calculation                                                        (105,542)                             -

                                 1.4.2   Goodwill                                                                                -                             -

                                 1.4.3   All other intangible assets                                                      (57,638)                     (31,939)

                                 1.4.4   The inclusion that is calculated as a deduction factor                                  -                             -

                                 1.4.5   Lack of capital in the insurance subsidiary company                                     -                             -




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                                                                                                                                      (in million Rupiah)

                                                                                                  December 31, 2024            December 31, 2023
                                                     Capital Components
                                                                                                       Diaudit                     Diaudit

                                   1.4.6   Securitization exposure                                                     -                              -

                                   1.4.7   Other major core capital deduction factors                                  -                              -

                                           1.4.7.1   Placement of funds in AT1 and/or Tier 2                           -                              -
                                                     instruments at other banks

                                           1.4.7.2   Cross-ownership of another entity acquired                        -                              -
                                                     by transfer by law, grant or testamentary
                                                     grant

                         2   Additional Tier 1 Additional Core Capital (AT 1)                                          -                              -

                             2.1   Instruments that meet the requirements of AT 1                                      -                              -

                             2.2 Agio/Disagio                                                                          -                              -

                             2.3 Deduction Factor: Additional Core Capital      *)                                     -                              -

                                   2.3.1   Placement of funds in AT1 and/or Tier 2 instruments                         -                              -
                                           at other banks

                                   2.3.2 Cross-ownership of another entity acquired by                                 -                              -
                                         transfer by law, grant or testamentary grant

                    II   Supplementary Capital (Tier 2)                                                        546,924                        630,805

                         1   Capital instruments in the form of shares or others that meet Tier                  4,167                         14,167
                             2 requirements

                         2   Agio/Disagio                                                                              -                              -

                         3   PPA general reserves for productive assets that must be formed                    542,757                        616,638
                             (maximum 1.25% RWA Credit Risk)

                         4 Supplementary Capital Deduction Factor                                                      -                              -

                             4.1   Sinking Fund                                                                        -                              -

                             4.2 Placement of funds in AT1 and/or Tier 2 instruments at other                          -                              -
                                 banks

                             4.3 Cross-ownership of another entity acquired by transfer by                             -                              -
                                 law, grant or testamentary grant

                   Total Capital                                                                            20,668,092                    21,629,212


                                                                                                               December 31,          December 31,
                                                              Description
                                                                                                                  2024                  2023

                   Risk Weighted Assets

                   RWA Credit Risk                                                                                    71,060,267          72,908,025

                   RWA Market Risk                                                                                         783,746          1,368,863

                   RWA Operational Risk                                                                                8,345,430            8,384,243

                   RWA Total                                                                                          80,189,443          82,661,131

                   CAR Based on Risk Profile (%)                                                                           10.00%              10.00%

                   Allocation of KPMM Fulfillment According to Risk Profile

                   From CET 1 (%)                                                                                           9.32%               9.24%

                   From AT 1 (%)                                                                                            0.00%               0.00%

                   From Tier 2 (%)                                                                                          0.68%               0.76%

                   CAR Ratio

                   Rasio CET 1 (%)                                                                                         25.09%              25.40%

                   Rasio Tier 1 (%)                                                                                        25.09%              25.40%

                   Rasio Tier 2 (%)                                                                                         0.68%               0.76%

                   Rasio KPMM (%)                                                                                          25.77%              26.17%

                   CET 1 For Buffer (%)                                                                                    15.77%              16.17%




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                                                                  Analysis and
                                                                  Discussion




                                                                                                                   December 31,              December 31,
                                                        Description
                                                                                                                      2024                      2023

                Of Buffer Mandatory Filled by Bank (%)                                                                        3.500%                   2.500%

                Capital Conservation Buffer (%)                                                                               2.500%                   2.500%

                Countercyclical Buffer (%)                                                                                    0.000%                   0.000%

                Capital Surcharge for Bank Sistemik (%)                                                                       1.000%                   0.000%



               Qualitative Disclosures on Capital Structure and Capital Adequacy
               a. The capital instrument issued by the Bank is a subordinated bond named “Obligasi Subordinasi I PT Bank
                  Mega Tbk Tahun 2020,” with a tenure of 5 years and an interest rate of 9%. The Bank’s subordinated bonds
                  were issued to comply with POJK No. 5 of 2024 regarding the Determination of Supervision Status and
                  Handling of Issues in Commercial Banks.
               b. As part of a banking entity in Indonesia, the Bank always strives to comply with the applicable regulations
                  from regulators. On December 31, 2021 and 2020, the Bank’s capital is calculated following the provisions
                  of POJK No.11/POJK.03/2016 dated January 29, 2016 concerning Minimum Capital Adequacy Requirement
                  for Commercial Banks.



               CREDIT RISK

               Disclosure of Details on The Movement of Allowance for Impairment Losses

               Bank Individually                                                                                                              (in million Rupiah)

                                                                                  December 31, 2024                         December 31, 2023
                No.                     Description
                                                                         Stage 1       Stage 2       Stage 3        Stage 1       Stage 2           Stage 3
                 (1)                         (2)                           (3)           (4)            (5)           (3)              (4)             (5)
                  1    Beginning   balance   of       Allowance    for    283,361        57,929        263,526       274,991           78,713         218,326
                       Impairment Losses (CKPN)

                  2    Formation (recovery) of CKPN during the
                       current period (Net)

                       a. Formation (recovery) of CKPN during the         (96,141)       37,362        276,967         8,532       (20,784)           204,072
                          current period (Net)

                       b. Recovery of CKPN during the current                      -             -             -              -               -               -
                          period

                 4     CKPN used for write-offs of receivables during              -             -    (420,875)               -               -     (470,135)
                       the current period (-/-)

                  5    Other formation (recovery) during the current             666             -     262,082         (162)                  -       311,263
                       period

                       Ending balance of CKPN                             187,886        95,291        381,700       283,361           57,929         263,526




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                 Disclosure of Credit Quality of Assets

                 Bank Individually                                                                                                         (in million Rupiah)

                                                       Gross Carrying Value                               CKPN
                                                                                                                               Impairment
                                                     Claims That     Bills that                                                                Net Worth
                                                                                    CKPN         Stage 2 and                      (IRB
                   No.                               Have Been      are not yet                                   Stage 1                       (a+b-c)
                                                                                                   Stage 3                      Approach)
                                                      Due Date          due
                                                          a             b             c              d               e             f                g
                    1    Loans                         1,089,557    63,565,095      664,877         476,992        187,886                     63,989,775

                    2    Securities                             -   32,526,017             749            -              749                   32,525,268

                    3    Administrative Account                 -    1,127,330             674            -              674                     1,126,656
                         Transactions

                         Total                         1,089,557    97,218,443      666,301         476,992        189,309                 -   97,641,699



                 Additional Disclosures
                 Tagihan Due Receivables are debtors who have arrears of more than 90 days or collectability 3, 4 and 5.



                 Disclosure of Movements in Loans and Securities Past Due

                 Bank Individually                                                                                                         (in million Rupiah)

                                                                                                                                       a
                    1    Loans and securities that matured during the last reporting period                                                      1,042,180

                    2    Loans and securities that have matured since the last reporting period                                                    389,769

                    3    Loans and securities that have been repaid but have not yet matured                                                          4,775

                    4    Write-off value                                                                                                            91,656

                    5    Other changes                                                                                                           (245,962)

                    6    Loans and securities matured at the end of the reporting period                                                         1,089,557
                         (1+2-3-4+5)


                 Additional Disclosures
                 All past due receivables originate from loans. The increase in past due receivables is due to the addition of
                 several credit debtors with arrears exceeding 90 days or classified under collectability categories 3, 4, and 5.




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                                                                 Management
                                                                 Analysis and
                                                                 Discussion




               Disclosure of Net Receivables by Region

               Bank Individually
                                                                                              December 31, 2024

                No.     Portfolio Category                                                   Net Claims By Region

                                                  Jakarta       Bandung       Surabaya       Semarang       Medan       Makassar       Banjarmasin       Total

                 (1)             (2)                (3)           (4)           (5)             (6)           (7)         (8)              (9)           (10)

                  1    Government Claims         55,416,096               -              -              -           -              -              -    55,416,096

                  2    Claims to Public             577,334               -              -              -           -              -              -      577,334
                       Sector Entitties

                  3    Claims on Multilateral               -             -              -              -           -              -              -               -
                       Development Banks
                       and International
                       Agencies

                 4     Bank Claims                1,511,931               -              -              -           2           375              45     1,512,354

                  5    Covered Bond                         -             -              -              -           -              -              -               -
                       Claims

                  6    Claims to Securities         662,528               -      60,547         16,100              -              -              -      739,174
                       Companies and
                       Other Financial
                       Services Institutions

                  7    Receivables in the                 657             -              -              -           -              -              -             657
                       form of securities/
                       subordinated
                       receivables, equity
                       and other capital
                       instruments

                  8    Residential Mortgage         338,270       70,989        103,601          5,498        11,901        5,895          14,723        550,877
                       Loans

                  9    Commercial Property        2,361,219      126,488        128,270        117,965       165,694               -       39,252       2,938,888
                       Backed Credit

                 10    Loan for land              2,304,108             29               -              -           -              -              -     2,304,136
                       purchase, land
                       development and
                       construction

                 11    Employee/Retirees              1,099               -              -              -           -           835               -         1,935
                       Credit

                 12    Micro Business,           15,508,349      456,691        808,886        463,662       502,585      381,755         256,021      18,377,949
                       Small Business and
                       Retail Portfolio Bills

                 13    Claims to Corporate       41,669,042       10,304        142,955               161           -      10,004          65,802      41,898,269

                 14    Matured Claims               605,347       15,073         69,192        156,531         9,091        5,143           5,717        866,093

                 15    Other Assets             (21,299,957)    4,494,705     7,206,874       2,955,828     7,088,781   4,080,278        4,580,336      9,106,844

                       Total                     99,656,021     5,174,278     8,520,324       3,715,745     7,778,055   4,484,286        4,961,897    134,290,606




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                                                                                                            (in million Rupiah)

                                                         December 31, 2023

                                                        Net Claims By Region

            Jakarta        Bandung       Surabaya       Semarang     Medan         Makassar       Banjarmasin      Total

              (11)           (12)          (13)           (14)        (15)           (16)            (17)           (18)

           44,510,991                -              -            -             -              -             -    44,510,991

              571,486                -              -            -             -              -             -       571,486


                       -             -              -            -             -              -             -                -




            2,132,113                -            10             -             4            120        1,792      2,134,040

                       -             -              -            -             -              -             -                -


            1,005,579                -      90,886         60,377              -              -             -     1,156,842




                     668             -              -            -             -              -             -              668




              449,687         88,078       107,732         22,771      37,167         12,488          22,321        740,243


            2,441,356       131,088        168,148        233,961     183,980          1,337          43,454      3,203,326


            3,172,664               59              -     198,892              -              -             -     3,371,615




                     631             -              -            -             -       1,297                -          1,928


           16,546,762       459,055        795,446        476,454     487,384        374,057         249,551     19,388,708



           40,326,405               25              -       5,223              -      65,102          77,792     40,474,547

              634,754         10,640       106,688         50,656       6,295         41,478           7,075        857,586

          (20,189,486)     4,950,707     6,940,656       2,577,876   7,010,566     3,941,402        4,133,907     9,365,628

           91,603,608      5,639,653     8,209,566       3,626,211   7,725,397     4,437,281        4,535,892   125,777,608




                 Advancing Technology Innovation for Sustainable Future                                         2024 Annual Report • PT BANK MEGA Tbk   211



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                                                                           Management
                                                                           Analysis and
                                                                           Discussion




               Disclosure of Net Receivables by Economic Sector

               Bank Individually

                                                                                                                            Claims on
                                                                                                                           Multilateral
                                                                                                            Claims to
                                                                                          Government                      Development      Bank           Covered
                 No                          Economic Sectors                                             Public Sector
                                                                                            Claims                         Banks and      Claims        Bond Claims
                                                                                                            Entitties
                                                                                                                          International
                                                                                                                            Agencies


                 (1)                                  (2)                                     (3)             (4)              (5)          (6)             (7)

                December 2024
                  1    Agriculture, hunting and forestry                                              -               -               -             -             -
                  2    Mining and excavation                                                          -               -               -             -             -
                  3    Processing Industry                                                            -               -               -             -             -
                  4    Electricity, Gas and Water                                                     -               -               -             -             -
                  5    Water Management, Wastewater Management, Waste                                 -               -               -             -             -
                       Management and Recycling
                  6    Construction                                                                   -               -               -             -             -
                  7    Wholesale and Retail Trade; Car and Motorcycle Repair and                      -               -               -             -             -
                       Maintenance
                  8    Transportation and Warehousing                                                 -         577,334               -             -             -
                  9    Provision of accommodation andprovision of drinking meals                      -               -               -             -             -
                 10    Information and Communication                                                  -               -               -             -             -
                  11   Financial and Insurance Activities                                             -               -               -      161,982              -
                 12    Real Estate                                                                    -               -               -             -             -
                 13    Professional, Scientific and Technical Activities                              -               -               -             -             -
                 14    Leasing and Leasing Activities Without Option Rights,                          -               -               -             -             -
                       Employment, Travel Agents and Other Business Support
                 15    Government Administration, Defense and Compulsory Social                       -               -               -             -             -
                       Security
                 16    Education Services                                                             -               -               -             -             -
                 17    Health services and social activities                                          -               -               -             -             -
                 18    Arts, Entertainment and Recreation                                             -               -               -             -             -
                 19    Other Service Activities                                                       -               -               -             -             -
                 20    Household Activities As Employers                                              -               -               -             -             -
                 21    Activities of International Agencies and Other Extra                           -               -               -             -             -
                       International Agencies
                 22    Household                                                                      -               -               -             -             -
                 23    Not other businesses                                                           -               -               -             -             -
                 24    Others                                                                55,416,096               -               -     1,350,371             -
                       Total                                                                55,416,096          577,334               -     1,512,354             -

                December 2023
                  1    Agriculture, hunting and forestry                                              -               -               -             -             -
                  2    Mining and excavation                                                          -               -               -             -             -
                  3    Processing Industry                                                            -               -               -             -             -
                  4    Electricity, Gas and Water                                                     -               -               -             -             -
                  5    Water Management, Wastewater Management, Waste                                 -               -               -             -             -
                       Management and Recycling
                  6    Construction                                                                   -               -               -             -             -
                  7    Wholesale and Retail Trade; Car and Motorcycle Repair and                      -               -               -             -             -
                       Maintenance
                  8    Transportation and Warehousing                                                 -         571,486               -             -             -
                  9    Provision of accommodation andprovision of drinking meals                      -               -               -             -             -
                 10    Information and Communication                                                  -               -               -             -             -
                  11   Financial and Insurance Activities                                             -               -               -       84,082              -
                 12    Real Estate                                                                    -               -               -             -             -
                 13    Professional, Scientific and Technical Activities                              -               -               -             -             -
                 14    Leasing and Leasing Activities Without Option Rights,                          -               -               -             -             -
                       Employment, Travel Agents and Other Business Support
                 15    Government Administration, Defense and Compulsory Social                       -               -               -             -             -
                       Security
                 16    Education Services                                                             -               -               -             -             -
                 17    Health services and social activities                                          -               -               -             -             -
                 18    Arts, Entertainment and Recreation                                             -               -               -             -             -
                 19    Other Service Activities                                                       -               -               -             -             -
                 20    Household Activities As Employers                                              -               -               -             -             -
                 21    Activities of International Agencies and Other Extra                           -               -               -             -             -
                       International Agencies
                 22    Household                                                                      -               -               -             -             -
                 23    Not other businesses                                                           -               -               -             -             -
                 24    Others                                                                44,510,991               -               -     2,049,958             -
                       Total                                                                44,510,991          571,486               -     2,134,040             -


      212      2024 Annual Report • PT BANK MEGA Tbk                                                  Advancing Technology Innovation for Sustainable Future




AR Bank MEGA 2024_ENG.indd 212                                                                                                                                    05/03/25 09.38
Page 215
                                                                                                                                       (in million Rupiah)

            Claims to       Receivables
                                                                             Loans for          Micro
            Securities       in the form
                                                                               land           Business,
           Companies       of securities/             Commercial
                                          Residential            Employee/  purchase,           Small
               and         subordinated                Property                                                Claims to     Matured         Other
                                           Mortgage               Retirees     land            Business
              Other         receivables,                Backed                                                 Corporate     Claims          Assets
                                            Loans                  Credit  development        and Retail
            Financial        equity and                 Credit
                                                                                and            Portfolio
             Services      other capital
                                                                           construction         Claims
           Institutions     instruments
               (8)               (9)         (10)          (11)        (12)       (13)           (14)            (15)         (16)             (17)


                       -                 -          798            -          -   1,162,014       472,579        4,009,071           186               -
                       -                 -            -            -          -    186,418         52,536        8,200,198      37,730                 -
                       -                 -    17,076       715,686            -           -        29,833        6,627,754       3,346                 -
                       -                 -            -            -          -           -          2,357        235,546              -               -
                       -                 -     2,896               -          -           -                -             -       3,217                 -

                       -                 -    10,920       425,242            -    948,370        149,051        2,183,762     119,628                 -
                       -                 -    63,978         8,322            -           -       197,508         851,817       68,363                 -

                       -                 -    44,981        20,555            -           -      7,319,354       3,424,380     148,765                 -
                       -                 -    16,051      1,623,049           -           -        54,738         451,050       48,810                 -
                       -                 -          135     25,948            -           -        13,188        7,636,009             -               -
                739,174                  -     1,494         1,469            -           -        24,894        4,319,549     147,375                 -
                       -                 -   144,618       100,379            -      7,305         47,717        2,744,737      64,998                 -
                       -                 -          331            -          -           -        15,162         353,167            803               -
                       -                 -     2,618        15,183            -           -        12,173         400,323        1,997                 -

                       -                 -            -            -          -           -                -             -             -               -

                       -                 -            -            -          -           -          2,778               -       4,531                 -
                       -                 -    57,720               -          -           -          9,094               -       1,022                 -
                       -                 -           50            -          -           -                -      125,328              -               -
                       -                 -          786            -          -           -        17,180                -             -               -
                       -                 -          347            -          -           -             119              -             -               -
                       -                 -            -            -          -           -                -             -             -               -

                       -                 -   186,077         3,056        1,935          29      1,562,996               -      46,319                 -
                       -                 -            -            -          -           -      8,343,937         10,214       99,718                 -
                       -               657            -            -          -           -        50,752         325,365       69,284        9,106,844
                739,174                657   550,877      2,938,888       1,935   2,304,136     18,377,949      41,898,269     866,093        9,106,844


                       -                 -     3,572               -          -   2,149,612       459,516        4,109,435             -               -
                       -                 -            -            -          -     47,844           9,098       7,505,382      38,405                 -
                       -                 -    24,211       669,919            -           -        36,249        5,974,833      11,075                 -
                       -                 -     2,406               -          -           -                -      337,022              -               -
                       -                 -     8,630               -          -           -                -             -             -               -

                       -                 -    22,720       608,540            -    965,196        157,564        2,260,674      72,209                 -
                       -                 -   137,224        45,120            -           -       142,459         208,019       79,857                 -

                       -                 -    48,382        25,195            -           -      7,927,195        956,381      167,868                 -
                       -                 -    18,673      1,698,050           -           -        58,428         501,167       57,081                 -
                       -                 -          595     23,293            -           -        10,788       13,234,916       2,213                 -
               1,156,842                 -     3,103         3,340            -           -              48      1,645,062     139,110                 -
                       -                 -   154,855       102,296            -    208,905         31,833        2,465,981      66,740                 -
                       -                 -     2,010               -          -           -        18,714        1,002,728             -               -
                       -                 -     2,590        21,364            -           -          8,399               -       1,635                 -

                       -                 -            -            -          -           -                -             -             -               -

                       -                 -          120            -          -           -          2,167               -       5,455                 -
                       -                 -    52,183              98          -           -          7,833               -       1,026                 -
                       -                 -           65            -          -           -                -      125,328              -               -
                       -                 -     3,086               -          -           -          9,936               -             -               -
                       -                 -          430            -          -           -          2,501               -            10               -
                       -                 -                                                                               -

                       -                 -   255,390         6,111        1,928          59      2,503,276               -      45,615                 -
                       -                 -            -            -          -           -      7,956,878         12,550      100,003                 -
                       -               668            -            -          -           -        45,827         135,069       69,284        9,365,628
               1,156,842               668   740,243      3,203,326       1,928   3,371,615     19,388,708      40,474,547     857,586        9,365,628


                  Advancing Technology Innovation for Sustainable Future                                   2024 Annual Report • PT BANK MEGA Tbk             213



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                                                                 Management
                                                                 Analysis and
                                                                 Discussion




               Disclosure of Net Receivables Based on Remaining Contract Term Individual Banks

               Bank Individually
                                                                                                                 December 31, 2024
                                                                                            Net Bill Based on the Remaining Contract Period
                 No              Portfolio Category
                                                                                        > 1 Year            > 3 Years                                   Non-
                                                                    ≤ 1 Year                                                   > 5 Years                                  Total
                                                                                       to 3 Years          To 5 Years                                Contractual
                 (1)                      (2)                            (3)                (4)                  (5)                 (6)                 (7)               (8)
                  1    Government Claims                            12,111,538              715,107              790,081           34,274,126          7,525,245         55,416,096
                  2    Claims to Public Sector Entitties                        -                   -                     -          577,334                      -        577,334
                  3    Claims on Multilateral Development                       -                   -                     -                      -                -                 -
                       Banks and International Agencies
                 4     Bank Claims                                       355,886            201,083                       -                      -       955,385          1,512,354
                  5    Covered Bond Claims                                      -                   -                     -                      -                -                 -
                  6    Claims to Securities Companies and                444,542            249,711               44,921                         -                -        739,174
                       Other Financial Services Institutions
                  7    Receivables in the form of securities/                   -                   -                     -                      -              657               657
                       subordinated receivables, equity and
                       other capital instruments
                  8    Residential Mortgage Loans                         84,179              51,637              50,095             364,965                      -        550,877
                  9    Commercial Property Backed Credit                 165,917            216,899          1,522,651              1,033,421                     -       2,938,888
                 10    Loan for land purchase, land                      165,695              29,358         1,162,014               947,070                      -       2,304,136
                       development and construction
                 11    Employee/Retirees Credit                                43                 485              1,406                         -                -           1,935
                 12    Micro Business, Small Business and               3,500,063          7,766,511         6,144,328               967,046                      -      18,377,949
                       Retail Portfolio Bills
                 13    Claims to Corporate                              3,840,179         14,537,973         6,884,580             16,635,537                     -      41,898,269
                 14    Matured Claims                                    352,479            174,796              236,113             102,705                      -        866,093
                 15    Other Assets                                             -                   -                     -                      -     9,106,844          9,106,844
                       Total                                        21,020,521            23,943,560        16,836,190             54,902,205         17,588,130        134,290,606



               Disclosure of Claims and Reserves by Region

               Bank Individually
                                                                                                   December 31, 2024

                No.         Description                                                                    Region

                                                  Jakarta       Bandung        Surabaya           Semarang             Medan          Makassar        Banjarmasin          Total

                 (1)             (2)                (3)           (4)               (5)             (6)                  (7)               (8)             (9)             (10)
                  1    Receivables              122,434,356     5,993,267      10,302,479          4,341,231           8,815,314       5,280,432         5,500,335      162,667,414
                  2    Impairment losses          3,515,319      164,936            243,231         373,235             177,490            18,123              43,281     4,535,615
                       on Receivables
                       a. Not yet due             1,806,224      146,537            123,083         204,760             160,478             8,576               3,566     2,453,226
                       b. Past due                1,709,094       18,399            120,148         168,475              17,012             9,546              39,715     2,082,389
                  3    Provision for               142,835         9,711             15,384              5,670            8,519             6,433               2,955      191,507
                       impairment losses
                       (CKPN) - Step 1
                 4     Provision for                65,287         7,584              6,469              5,602            7,314             2,176                861        95,292
                       impairment losses
                       (CKPN) - Step 2
                  5    Provision for               335,093         6,597             48,115             11,029            6,146             3,536               4,095      414,611
                       impairment losses
                       (CKPN) - Step 3
                  6    Deleted book claims         164,361        14,321             37,245             11,067           18,545            11,216               5,144      261,898




      214      2024 Annual Report • PT BANK MEGA Tbk                                                Advancing Technology Innovation for Sustainable Future




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                                                                                                                            (in million Rupiah)

                                                               December 31, 2023
                                              Net Bill Based on the Remaining Contract Period
                                    > 1 Year                > 3 Years                                   Non-
              ≤ 1 Year                                                           > 5 Years                                      Total
                                   To 3 Years              To 5 Years                                Contractual
                 (9)                   (10)                   (11)                 (12)                   (13)                   (14)
                 7,584,896              2,153,120               250,170            27,700,371              6,822,433             44,510,991
                           -                      -                      -              571,486                     -               571,486
                           -                      -                      -                    -                     -                        -


                 1,287,093                 201,071                       -                    -               645,875             2,134,040
                           -                      -                      -                    -                     -                        -
                     342,342               741,761               72,739                       -                     -             1,156,842


                           -                      -                      -                    -                  668                       668



                     148,773                85,734               90,041                 415,695                     -               740,243
                     163,790                32,357              391,535             2,615,645                       -             3,203,326
                      31,334                47,903               67,033             3,225,345                       -             3,371,615


                         128                   810                     990                    -                     -                   1,928
                 3,690,845              9,438,160             5,450,073                 809,630                     -            19,388,708


                 4,903,888              8,141,664            17,591,357             9,837,638                       -            40,474,547
                     388,363               190,950              120,729                 157,544                     -               857,586
                           -                      -                      -                    -            9,365,628              9,365,628
                18,541,452             21,033,529            24,034,668           45,333,355              16,834,604            125,777,608




                                                                                                                            (in million Rupiah)

                                                               December 31, 2023

                                                                        Region

            Jakarta        Bandung            Surabaya       Semarang         Medan           Makassar        Banjarmasin          Total

              (11)              (12)            (13)            (14)             (15)              (16)           (17)              (18)
          112,388,660          6,444,815      10,051,814       4,488,477      8,760,214           5,258,585      5,043,316      152,435,881
            1,979,527            38,405         150,335              68,836       27,509            63,830         18,563         2,347,004


            1,028,334            18,403          19,654              11,261       12,217             8,937              6,813     1,105,620
              951,193            20,001         130,681              57,575       15,292            54,893         11,750         1,241,384
              249,050             6,241          10,936               8,917         6,882            4,714              2,553       289,294



               47,089             1,969            3,113              1,775         1,782            1,295               907         57,929



              253,387             5,269          16,552               4,752         3,449            9,409              3,620       296,438



              237,147            20,233          46,608              13,648       22,252            15,710              6,245       361,842




                 Advancing Technology Innovation for Sustainable Future                                                         2024 Annual Report • PT BANK MEGA Tbk   215



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                                                                  Management
                                                                  Analysis and
                                                                  Discussion




               Disclosure of Claims and Provisions Based on Economic Sector

               Bank Individually
                                                                                                                        December 31, 2024
                                                                                                    Impaired
                 No                  Economic Sector                                               Receivables                  CKPN -           CKPN -                 CKPN -
                                                                      Claims                                                                                                              Claim-Off
                                                                                          Not Off                               Stage 1          Stage 2                Stage 3
                                                                                                             Past Due
                                                                                         Past Due
                 (1)                         (2)                        (3)                   (4)                 (5)               (6)             (7)                   (8)                (9)
                  1    Agriculture, hunting and forestry              7,171,481                      13                 276           6,780                 0                    90                 -
                  2    Mining and excavation                         10,395,037                        -           60,910            10,034                     -         23,180                    -
                  3    Processing Industry                            8,750,931                    3,809          889,693             8,571               292             95,106                    -
                 4     Electricity, Gas and Water                      238,147                         -                  -            288                      -                 -                 -
                  5    Water Management, Wastewater                          7,664                 1,809            4,768                  2               61              1,550                    -
                       Management, Waste Management and
                       Recycling
                  6    Construction                                   7,833,023               493,956             128,431             1,591          9,527                 8,803                    -
                  7    Wholesale and Retail Trade; Car and            1,325,277                15,370              92,473             1,616          2,193                29,569                    -
                       Motorcycle Repair and Maintenance
                  8    Transportation and Warehousing                12,955,997           1,020,886               226,214            16,374         26,981                77,450                    -
                  9    Provision of accommodation andprovision        2,202,948                    1,648           82,536             2,820               118              4,078                    -
                       of drinking meals
                 10    Information and Communication                  7,751,823                     122                   -           9,509                16                     -                 -
                 11    Financial and Insurance Activities             5,688,831                        -          210,138             6,073                     -         62,763                    -
                 12    Real Estate                                    3,124,199               595,037              70,030             2,972         10,515                 5,033                    -
                 13    Professional, Scientific and Technical          384,848                         -            1,190              455                      -               387                 -
                       Activities
                 14    Leasing and Leasing Activities Without          433,266                 14,524               2,960              533                433                   962                 -
                       Option Rights, Employment, Travel Agents
                       and Other Business Support
                 15    Government Administration, Defense and                      -                   -                  -                 -                   -                 -                 -
                       Compulsory Social Security
                 16    Education Services                                   11,283                     -            6,306                   -                   -          1,774                    -
                 17    Health services and social activities                69,512                   94             1,515                 78                6                   493                 -
                 18    Arts, Entertainment and Recreation              125,378                         -                  -            156                      -                 -                 -
                 19    Other Service Activities                             22,278                  160                   -               24                    -                 -                 -
                 20    Household Activities As Employers                         685                   -                  -                3                    -                 -                 -
                 21    Activities of International Agencies and                    -                   -                  -                 -                   -                 -                 -
                       Other Extra International Agencies
                 22    Household                                      1,814,770               167,664              56,013             3,245          5,125                13,663                    -
                 23    Not other businesses                          24,467,438               138,135             146,740           116,762         40,026                56,799            261,898
                 24    Others                                        67,892,599                        -          102,196             3,622                     -         32,911                    -
                       Total                                        162,667,414           2,453,226           2,082,389             191,507         95,292               414,611            261,898



               Disclosure of Receivables Based on Days Past Due

               Bank Individually                                                                                                                                                 (in million Rupiah)

                                                                                   December 31, 2024                                                December 31, 2023
                                                                        Invoices based on days past due                                     Invoices based on days past due
                 No                  Exposure Type
                                                                     > 90            > 120                                             > 90           > 120
                                                                                                      > 180                                                               > 180
                                                                   days s.d.       days s.d.                            Total        days s.d.      days s.d.                               Total
                                                                                                      days                                                                days
                                                                   120 days        180 days                                          120 days       180 days
                 (1)                      (2)                         (3)               (4)            (5)               (6)              (7)             (8)              (9)               (10)
                  1    Loans included in past due receivables        81,194            121,773        885,985      1,088,952              90,117     208,019              743,985         1,042,122
                  2    Securities included in past due                       -                 -              -                 -               -                   -                 -             -
                       receivables
                       Total                                         81,194            121,773        885,985      1,088,952              90,117     208,019              743,985         1,042,122



      216      2024 Annual Report • PT BANK MEGA Tbk                                                   Advancing Technology Innovation for Sustainable Future




AR Bank MEGA 2024_ENG.indd 216                                                                                                                                                                      05/03/25 09.38
Page 219
                                                                                            (in million Rupiah)

                                                 December 31, 2023
                                  Impaired
                                 Receivables            CKPN -        CKPN -        CKPN -
            Claims                                                                                Claim-Off
                          Not Off                       Stage 1       Stage 2       Stage 3
                                         Past Due
                         Past Due
              (10)         (11)            (12)          (13)          (14)          (15)           (16)
            8,338,771             451               -      8,816              32              -              -
            7,976,735                -         60,910     10,105                -     22,505                 -
            7,432,531             408          18,382     88,680              27       7,308                 -
              339,528                -              -       463                 -             -              -
                8,630                -              -           88              -             -              -



            8,092,062            3,255         83,537      6,797           416        11,328                 -
              926,144        10,235            89,617      1,429         1,395         9,760                 -


           10,430,953      768,364         244,273        16,573        20,421        76,405                 -
            2,342,425            3,365         60,905      3,216           425         3,824                 -


           13,304,439             150           3,267     17,880              16       1,054                 -
            5,983,951        19,171        194,821         3,527           664        55,711                 -
            3,050,567             160          69,972     10,210              11       3,232                 -
            1,026,134            1,633              -      1,379           169                -              -


               35,961            1,659          2,413           51         108           778                 -



                     -               -              -             -             -             -              -


               11,427                -          6,306             1             -        851                 -
               73,480             233           1,515           86            19         489                 -
              125,393                -              -       169                 -             -              -
               13,267                -              -           34              -             -              -
                3,098                -            15              5             -             5              -
                     -               -              -             -             -             -              -


            2,825,914      119,337             59,150      5,379         3,056        13,534                 -
           23,876,414      177,199         244,107       108,474        31,170        56,744        361,781
           56,218,058                -     102,196         5,933                -     32,911               61
         152,435,881      1,105,620      1,241,384       289,294        57,929       296,438        361,842




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                                                                            Management
                                                                            Analysis and
                                                                            Discussion




               Additional Disclosures Relating to the Treatment of Troubled Assets

               Bank Individually                                                                                                                                              (in million Rupiah)

                                                                                                                                             Non Perfoming
                                                                                                                                            (Quality KL, D, M)
                                                                          Performing
                                                                       (Quality L and DPK)                        Impaired                      Receivables that are not Impaired
                 No                                                                                              Receivables                Past Due >90 Days <90 Days Past Due
                                                                    Gross                                  Gross                             Gross                       Gross
                                                                   Carrying               CKPN            Carrying              CKPN        Carrying       CKPN         Carrying         CKPN
                                                                   Amount                                 Amount                            Amount                      Amount
                 (1)                         (2)                        (3)               (4)               (5)                  (6)            (7)         (8)             (9)              (10)

                  1    Securities                                  32,526,017                   749                     -               -             -             -              -                -

                  2    Loans                                       63,565,095             362,957         1,089,557             294,024               -             -              -                -

                       a. Corporate                                47,431,116             157,716          506,387              101,799               -             -              -                -

                       b. Retail                                   16,133,979             205,241          583,170              200,121               -             -              -                -

                  3    Administrative Account                      31,550,334                   637         97,768                      -             -             -              -                -
                       Transaction




               Disclosure of Performing and Non-Performing Restructuring Assets

               Bank Individually                                                                                                                                              (in million Rupiah)

                                                      Performing
                                                                               Non Perfoming
                                                     (Quality L and                                                    Stage 1                     Stage 2                     Stage 3
                                                                              (Quality KL, D, M)
                                                         DPK)
                 No
                                                    Gross                    Gross                          Gross                            Gross                       Gross
                                                   Carrying     CKPN        Carrying       CKPN            Carrying             CKPN        Carrying       CKPN         Carrying         CKPN
                                                   Amount                   Amount                         Amount                           Amount                      Amount
                 (1)             (2)                  (3)        (4)            (5)         (6)                  (7)             (8)            (9)         (10)            (11)             (12)

                  1    Securities                           -           -             -               -                     -           -             -             -              -                -

                  2    Loans                       2,303,035    109,585       624,882      132,269          218,877               2,050 1,194,761           27,755 1,514,279             216,130

                       a. Corporate                2,150,668    103,210       499,553       92,850          103,581                   231 1,165,118         23,310 1,466,361             200,406

                       b. Retail                    152,367       6,375       125,329       39,419          115,295               1,819         29,643          4,445       47,919           15,724

                  3    Administrative                96,206             -       9,964                 -      87,163                     -        9,043              -        9,964                  -
                       Account
                       Transaction




               Quantitative Disclosures Related to MRK Techniques

               Bank Individually                                                                                                                                              (in million Rupiah)

                                                                                                                                                  Bills Secured
                                                            Bills That Are Not        Bills Guaranteed                                                                       Bills Secured
                                                                                                                   Bills Secured by               by Guarantee,
                 No                                         Guaranteed Using              with MRK                                                                             by Credit
                                                                                                                       Collateral                Guarantee, and
                                                            MRK Techniques               Techniques                                                                           Derivatives
                                                                                                                                                 Credit Insurance
                 (1)                   (2)                         (3)                          (4)                             (5)                       (6)                          (7)
                  1    Loans                                       61,508,518                   2,481,256                       2,481,256                               -

                  2    Securities                                  32,525,268                                -                              -                           -

                  3    Total                                       94,033,786                   2,481,256                       2,481,256                               -

                 4     Credit and Securities                            795,490                            42                           42                              -
                       which have matured


               Additional Disclosures
               Receivables secured using MRK techniques are primarily contributed by loans guaranteed by the government.




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                 Disclosure of Credit Risk Exposure and Impact of MRK Techniques

                 Bank Individually                                                                                                         (in million Rupiah)

                                                                Net Receivables Before    Net Receivables After
                                                                                                                             RWA and Average Risk
                                                              Implementation of FKK and Implementation of FKK and
                                                                                                                                   Weight
                                                                   MRK Techniques            MRK Techniques
                   No            Portfolio Category
                                                               Financial                    Financial                                       Average Risk
                                                               Position          TRA        Position            TRA           ATMR             Weight
                                                                Report                       Report                                           (e/(c+d)
                   (1)                    (2)                     (3)            (4)           (5)              (6)            (7)                (8)
                    1    Government Claims                      55,416,096              -    55,416,096                 -              -                0.0%
                    2    Claims to Public Sector Entitties        576,215         11,191             598           1,119             859             50.0%
                    3    Claims on Multilateral                            -            -               -               -              -                   -
                         Development Banks and
                         International Agencies
                    4    Bank Claims                             1,318,457       193,896      1,318,457         193,896       322,791                21.3%
                         Claims to Securities Companies           717,174        220,000       717,174           22,000       554,381                75.0%
                         and Other Financial Services
                         Institutions
                    5    Covered Bond Claims                               -            -               -               -              -                   -
                    6    Claims on Corporations - General       12,494,415      2,517,710    12,331,008         475,065     12,174,197               95.1%
                         Corporate Exposure
                         Claims to Securities Companies                    -            -               -               -              -                   -
                         and Other Financial Services
                         Institutions
                         Eksposur Pembiayaan Khusus             27,909,400     10,193,883    26,409,383        1,019,388    28,534,959              104.0%
                    7    Receivables in the form of                     657             -            657                -        1,641              250.0%
                         securities/subordinated
                         receivables, equity and other
                         capital instruments
                    8    Micro Business, Small Business and     16,498,454     18,359,800    16,256,281        1,879,495    13,413,357               74.0%
                         Retail Portfolio Claims
                    9    Property Backed Credit                            -            -               -               -              -                   -
                         Residential property-backed loans        546,132         21,820       546,132             2,182      293,490                53.5%
                         where payments are not materially
                         dependent on property cash flows
                         Residential property-backed loans           2,563              -         2,563                 -            912             35.6%
                         whose payments are materially
                         dependent on property cash flows
                         Commercial property-backed              1,214,062          8,815     1,214,062               881     998,016                82.1%
                         loans where payments are not
                         materially dependent on property
                         cash flows
                         Commercial real estate loans            1,723,944              -     1,723,944                 -    1,611,866               93.5%
                         where payments are materially
                         dependent on cash flows from the
                         property
                         Loans for land acquisition,             2,301,815        23,218      2,301,815            2,322     3,152,140              136.8%
                         development and construction
                    10   Other Assets                            9,106,844              -     9,106,844                 -    8,895,459               97.7%
                    11   Matured Claims                           856,316         97,768       856,274             9,777     1,034,791              119.5%
                    12   Employee/Retirees Credit                    1,935              -         1,935                 -            967             50.0%
                    13   Total                                 130,684,480     31,648,103   128,203,224        3,606,126    70,989,825               53.9%


                 Additional Disclosures							
                 1. In calculating CKPN, the Bank refers to PSAK 71, where it uses quantitative factors, including the
                    determination of status based on days past due and other qualitative information that may indicate a
                    significant increase in credit risk and default.
                 2. In applying FKK, the Bank follows the provisions for calculating ATMR for Credit Risk using the Standardized
                    Approach for Commercial Banks.
                 3. The application of MRK in the Bank’s calculations comes from collateral, which serves as a deduction factor
                    for net receivables in the Financial Position Report.

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                                                                 Management
                                                                 Analysis and
                                                                 Discussion




               Exposure Information By Asset Class and Risk Weight (CR5)

               Bank Individually
                                   Portfolio Category                             0%                                     20%                                       50%
                  1    Government Claims                                     55,416,096                                   -                                            -

                                   Portfolio Category                                       20%                                                           50%
                  2    Claims to Public Sector Entitties                                      -                                                       577,334

                                   Portfolio Category                       0%                             20%                         30%                                 50%
                  3    Claims on Multilateral Development Banks              -                               -                             -                                -
                       and International Agencies

                                   Portfolio Category                       20%                    30%                        40%                                  50%
                 4     Bank Claims                                        1,309,156               203,198                      -                                       -
                       Claims to Securities Companies and Other              -                        -                        -                                       -
                       Financial Services Institutions

                                   Portfolio Category                       10%                            15%                         20%                                 25%
                  5    Covered Bond Claims                                   -                               -                             -                                -

                                   Portfolio Category                       20%                    50%                   65%                   75%                         80%
                  6    Claims to Corporate                                133,834                 5,247                   -                     -                           -
                       Claims to Securities Companies and Other              -                        -                   -                     -
                       Financial Services Institutions
                       Special Financing Exposure                            -                        -                                         -                      2,092,788

                                   Portfolio Category                                  75%                                    100%                                 150%
                  7    Receivables in the form of securities/                           -                                      -                                       -
                       subordinated receivables, equity and other
                       capital instruments

                                   Portfolio Category                         45%                            67,5%                      75%                                85%
                  8    Micro Business, Small Business and Retail            1,061,376                        3,339                   16,537,541                        612,484
                       Portfolio Claims

                                   Portfolio Category                 0%         20%          25%                30%     35%         40%            45%          50%              60%
                  9    Property Backed Credit
                       Residential property-backed loans where        -       99,346         29,813          74,236       -          23,988         2,679        14,181           976
                       payments are not materially dependent on
                       property cash flows
                          without credit sharing                      -           -               -                -      -            -              -            -                -
                          With    credit     sharing       approach               -
                          (guaranteed)
                          With    credit     sharing       approach   -           -                                -                   -                           -
                          (guaranteed)
                       Residential property-backed loans where                                                   2,444    -                           -                             -
                       payments are not materially dependent on
                       property cash flows
                       Commercial property-backed loans where         -           -                                -                   -                           -             116,920
                       payments are not materially dependent on
                       property cash flows
                          without credit sharing                      -           -                                -                   -                           -                -
                          With    credit     sharing       approach                                                                                                                 -
                          (guaranteed)
                          With    credit     sharing       approach   -           -                                -                   -                           -
                          (guaranteed)
                       Commercial real estate loans where
                       payments are materially dependent on
                       cash flows from the property
                       Loans for land acquisition, development
                       and construction

                                   Portfolio Category                                       50%                                                           100%
                 10    Matured Claims                                                         -                                                       544,368

                                   Portfolio Category                             0%                                     20%                                       100%
                 11    Other Assets                                           873,509                                     -                                      6,909,086

                                   Portfolio Category                                       50%                                                           100%
                 12    Employee/Retirees Credit                                             1,935                                                           -




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                                                                                                                                                                         (in million Rupiah)

                            100%                                                    150%                           Others     Net Receivables after application of FKK and MR techniques
                                 -                                                    -                               -                               55,416,096

                            100%                                                    150%                           Others     Net Receivables after application of FKK and MR techniques
                                 -                                                    -                               -                                 1,717

                            100%                                                    150%                           Others     Net Receivables after application of FKK and MR techniques
                                 -                                                    -                               -                                   -


                75%                           100%                                        150%                     Others     Net Receivables after application of FKK and MR techniques
                  -                             -                                            -                        -                               1,512,354
            739,174                             -                                            -                        -                                739,174


                35%                            50%                                        100%                     Others     Net Receivables after application of FKK and MR techniques
                  -                             -                                            -                        -                                   -

           85%                   100%                     130%                                   150%              Others     Net Receivables after application of FKK and MR techniques
      3,556,240              9,274,159                         -                                   -                  -                               12,806,073
            -                         -                                                            -                  -                                   -

                            22,753,519                  4,082,482                                  -                  -                               27,428,772

                          250%                                                400%                                 Others     Net Receivables after application of FKK and MR techniques
                          657                                                   -                                     -                                  657



                100%                                112,5%                                       150%              Others     Net Receivables after application of FKK and MR techniques
            131,976                                 31,232                                         -                  -                               18,135,776


      65%        70%                  75%       85%            90% 100%             105%          110%    150%       Others Net Receivables after application of FKK and MR techniques


       -        207,421              65,836     803                -      -         22,561                   -       6,473                             548,314


       -              -                   -         -              -      -           -                      -            -                               -
                                                                                                                          -                               -

       -                                  -         -                     -                                  -            -                               -

                                          -                                           -                    119            -                             2,563


       -                             54,558   1,043,465                   -                                  -            -                           1,214,943


                                                                                                                          -                               -
                                                                                                                          -                               -

       -                                  -         -                     -                                  -            -                               -

                371,727                                            -                             678,910 673,307          -                           1,723,944


                                                                       608,130                           1,696,007        -                           2,304,137


                                                         150%                                                      Others     Net Receivables after application of FKK and MR techniques
                                                        321,725                                                       -                                866,051

                          150%                                                1250%                                Others     Net Receivables after application of FKK and MR techniques
                  1,324,248                                                     -                                     -                               9,106,844

                                                         150%                                                      Others     Net Receivables after application of FKK and MR techniques
                                                           -                                                          -                                 1,935




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                                                               Management
                                                               Analysis and
                                                               Discussion




                                                                                                                           Net Receivables (after
                                                   Net Receivables       TRA Net Receivables             Average
                 No          Risk Weight                                                                                   application of FKK and
                                                    Balance Sheet           (before FKK)                   FKK
                                                                                                                              MRK technique)
                  1    < 40%                              57,812,870                     349,115                   94.5%                  58,142,700

                  2    40% - 70%                            1,987,038                   4,026,092                  10.0%                   1,738,242

                  3    75%                                15,960,053                13,982,667                     10.3%                  17,235,718

                 4     80%                                  1,502,044                   5,907,432                  10.0%                    592,788

                  5    85%                                  5,127,622                    853,712                   10.0%                   5,137,993

                  6    90% - 100%                         39,581,490                    5,296,265                  12.0%                  40,125,270

                  7    105% - 130%                          4,701,459                   1,191,243                  10.0%                   4,820,583

                  8    150%                                 4,011,248                     41,577                   10.0%                   4,015,400

                  9    250%                                       657                           -                      -                         657

                 10    400%                                          -                          -                      -                            -

                 11    1250%                                         -                          -                      -                            -

                       Total Net Receivables             130,684,480                31,648,103                     11.4%                131,809,350



               Additional Disclosures
               1. In calculating CKPN, the Bank refers to PSAK 71, where it uses quantitative factors, including the
                  determination of status based on days past due and other qualitative information that may indicate a
                  significant increase in credit risk and default.
               2. In applying FKK, the Bank follows the provisions for calculating ATMR for Credit Risk using the Standardized
                  Approach for Commercial Banks.
               3. The application of MRK in the Bank’s calculations comes from collateral, which serves as a deduction factor
                  for net receivables in the Financial Position Report.

               Qualitative Disclosures Regarding Counterparty Credit Risk
               The current exposure to Credit Risk due to Counterparty Default (Counterparty Credit Risk) consists of
               Government Repo Transactions, Government Reverse Repo Transactions, and Derivative Receivables arising
               from claims on the Government, Banks, Micro and Small Enterprises, Retail Portfolios, and Corporations.

               The Bank comprehensively manages this risk by monitoring Counterparty Credit Risk exposure on a monthly
               basis, including measuring Potential Future Exposure (PFE) and conducting stress tests on Credit Valuation
               Adjustment (CVA) at least once a year, which is reported to the Regulator.

               Counterparty Credit Risk Exposure Analysis
                                                                                                                                    (in million Rupiah)

                                                                                                      Alpha used
                                                    Replacement      Potential Future                for regulatory
                 No                                                                         EEPE                      Net Receivables       ATMR
                                                     Cost (RC)       Exposure (PFE)                       EAD
                                                                                                      calculations
                  1    SA-CCR (for derivatives)            48,632              48,058                           1,4            135,366       70,443

                  2    Internal model approach                                                                                     N/A           N/A
                       (for derivatives and SFT)

                  3    Simple approach to credit                                                                                   N/A           N/A
                       risk mitigation (for SFT)

                 4     Comprehensive credit                                                                                           -             -
                       risk mitigation approach
                       (for SFT)

                  5    VaR for SFT                                                                                                 N/A           N/A

                       Total                                                                                                                 70,443




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                 Qualitative Analysis
                 Counterparty Credit Risk exposure in December 2024 consists of Derivative Receivables arising from claims on
                 the Government, Banks, Micro and Small Enterprises, Retail Portfolios, and Corporations.

                 Counterparty Credit Risk Exposure by Portfolio Category and Risk Weight

                       Portfolio                                                                                     Total Net
                                          0%          10%    20%          50%       75%   100%       150% Lainnya
                       Category                                                                                       Billing
                   Government            2,073,443      -           -           -     -          -      -        -     2,073,443
                   Claims

                   Claims to Public               -     -           -           -     -          -      -        -               -
                   Sector Entitties

                   Claims on                      -     -           -           -     -          -      -        -               -
                   Multilateral
                   Development
                   Banks and
                   International
                   Agencies

                   Bank Claims                    -     -     55,904            -     -          -      -   31,128        87,032

                   Covered Bond                   -     -           -           -     -          -      -        -               -
                   Claims

                   Claims to                      -     -           -           -     -          -      -        -               -
                   Securities
                   Companies and
                   Other Financial
                   Services
                   Institutions

                   Receivables                    -     -           -           -     -          -      -        -               -
                   in the form
                   of securities/
                   subordinated
                   receivables,
                   equity and
                   other capital
                   instruments

                   Residential                    -     -           -           -     -          -      -        -               -
                   Mortgage Loans

                   Commercial                     -     -           -           -     -          -      -        -               -
                   Property Backed
                   Credit

                   Loans for land                 -     -           -           -     -          -      -        -               -
                   purchase, land
                   development and
                   construction

                   Employee/                      -     -           -           -     -          -      -        -               -
                   Retirees Credit

                   Micro Business,                -     -           -           -     -          -      -   12,443        12,443
                   Small Business
                   and Retail
                   Portfolio Claims

                   Claims to                      -     -           -           -     -     32,813      -        -        32,813
                   Corporate

                   Matured Claims                 -     -           -           -     -          -      -        -               -

                   Other Assets                   -     -           -           -     -          -      -        -               -

                   Total                 2,073,443      -     55,904            -     -     32,813      -   43,571     2,205,731




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                                                          Management
                                                          Analysis and
                                                          Discussion




               Qualitative Analysis                                      (iii) Securitization exposures when the bank acts
               As of December 2024, counterparty credit risk                  as an investor are investments purchased under
               exposure includes claims on the government, arising            agreements with third parties.
               from repo, reverse repo, and derivative instruments.           •   Synthetic transactions: If the bank has
               Additionally, exposure is present in claims on other               purchased protection, it must report the
               banks, claims on micro and small enterprises,                      net exposure amount under the originator/
               retail portfolio claims, and claims on corporations,               sponsor column, provided that the amount
               specifically originating from derivative instruments.              remains unsecured. If the bank has sold
                                                                                  the protection, the exposure value of the
               Net credit derivative exposure                                     credit protection should be reported in the
               As of December 2023, the Bank has no net credit                    “investor” column.
               derivative exposure for either purchased protection            •   Re-securitization:     all      securitization
               or sold protection.                                                exposures related to re-securitisation should
                                                                                  be completed on the “re-securitization” line,
               Qualitative       Disclosures   on      Securitization             and not on the previous line (with underlying
               Exposures                                                          asset type) that contains the securitization
               As of December 2024, the Bank has no securitization                exposure.
               exposure.
                                                                         Securitization exposure in the banking book
               Securitization Exposure in Trading Book                   and related capital requirements - Bank acts
               As of December 31, 2023, the Bank has no                  as originator or sponsor
               securitization exposure in the banking book.              As of December 31, 2024, the Bank has no
                                                                         securitization exposure in the Banking Book
               Securitization Exposure in Trading Book                   and related Capital Requirements - Bank acts as
               As of 31 December 2024, the Bank has no                   originator or sponsor
               securitization exposure in the Banking Book.              					
                                                                         Securitization exposure in the banking book
               Definition                                                and related capital requirements - Bank acts
               (i) When the bank is the originator, the securitization   as investor
                   exposure is retained, even though it is not           As of December 31, 2024, the Bank has no
                   suitable for the securitization framework due to      securitization exposure in the banking book and
                   the absence of a significant and effective risk       related capital requirements - Bank acts as investor
                   transfer (which can be presented separated).

               (ii) If the bank acts as a sponsor, securitization
                    exposure includes exposure to commercial paper
                    conduits, where the bank provides program-
                    wide enhancements, liquidity support, and other
                    facilities.. Where the bank is both the originator
                    and sponsor, double entry should be avoided. In
                    this regard, banks may unify the two columns
                    “Bank as originator” and “Bank as sponsor” and
                    use the column “Bank as originator/sponsor”.




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                 MARKET RISK

                 Disclosure of ATMR for Market Risk Using the Standardized Approach

                                                                                                                            (in million Rupiah)

                                                                                               Desember 31, 2024
                                                                                        Bank                     Consolidation
                   No                            Portfolio Category
                                                                             Capital                          Capital
                                                                                               RWA                                RWA
                                                                            Expenses                         Expenses
                   (1)                                  (2)                    (3)             (4)             (5)                 (6)
                     1   Interest Rate Risk

                          a. GIRR risk class                                     40,469         505,858                 -                   -

                          b. GIRR risk class                                     12,598         157,470                 -                   -

                          c. CSR risk class (securitization: non-CTP)                    -               -              -                   -

                          d. CSR risk class (securitization: CTP)                        -               -              -                   -

                          e. Equity risk class                                           -               -              -                   -

                          f. Commodity risk class                                        -               -              -                   -

                          g. Foreign exchange risk class                             9,345      116,810                 -                   -

                    2     Default risk capital (DRC)                                     -               -              -                   -

                    3     Residual risk add-on (RRAO)                                    -               -              -                   -

                    4    Additional Pillar 1 RWA                                         -               -              -                   -

                    5     Credit Valuation Adjustment (CVA)                           238            2,969              -                   -

                         Total                                                   62,649         783,106                 -                   -



                 Additional Disclosures
                 The calculation of Market Risk RWA in accordance with Circular Letter of the Financial Services Authority
                 (SEOJK) No.23/SEOJK.03/2022 was only implemented on January 1, 2024, so that for the calculation of Market
                 Risk RWA as of December 2023 there is no (nil).

                 The Bank uses the Standard Method Approach in the calculation of its Market Risk RWA in accordance with
                 the framework of SEOJK Number 23/SEOJK.03/2022 regarding the Calculation of RWA for Market Risk for
                 Commercial Banks, starting from the reporting period of January 2024. The components of market risk capital
                 charges include:
                 •   General Interest Rate Risk (GIRR); on all interest rate risk exposures in the trading book category;
                 •   Non-securitized Credit Spread Risk (CSR) risk class; on all credit spread risk exposures in the trading book
                     category;
                 •   Exchange Rate risk class; on both trading book and banking book categories;
                 •   Non-securitized Default Risk Charge (DRC) on all securities issuer default risk exposures in the trading
                     book category;
                 •   Credit Valuation Adjustment (CVA) on all derivative transactions.




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                                                                 Management
                                                                 Analysis and
                                                                 Discussion




               Disclosure of Basic Credit Valuation Adjustment Approach - Reduced Version (BA-CVA)

                                                                                                                                  (in million Rupiah)

                                                                                                     31 Desember 2024
                 No                                Risiko                                   Bank                           Konsolidasi
                                                                                Komponen         ATMR BA-CVA       Komponen       ATMR BA-CVA
                 (1)                                (2)                              (3)             (4)             (5)                 (6)
                    1     Aggregation of systematic components of CVA risk                 611                                -

                    2     Aggregation of idiosyncratic components of CVA risk              232                                -

                          Total                                                                            2,969                                  -


               Additional Disclosures								
               The Bank uses the Simplified Basic Approach in the calculation of CVA RWA in accordance with the framework
               of SEOJK Number 23/SEOJK.03/2022 concerning RWA Calculation for Market Risk for Commercial Banks,
               starting from the reporting period of January 2024.




               Report on the Implementation of Risk                                  positions with embedded options and explicit
               Management for Interest Rate Risk in Banking                          options. Furthermore, IRRBB Risk Management
               Book (IRRBB)                                                          policies and procedures need to be reviewed at
                                                                                     least 1 (one) time in 1 (one) year.
               Qualitative Analysis
               1. IRRBB Definition for Measurement and Control                  3.   Periodization of IRRBB Calculations and
                  of Interest Rate Risk                                              Specific Measurements Used by Banks to
                  IRRBB is a risk arising from changes in interest                   Measure Sensitivity to IRRBB
                  rates that cause changes in present value and                      Based on the rules of the regulator, the Bank
                  determination of timing of future cash flows that                  carries out an IRRBB calculation every 3 (three)
                  affect the economic value of assets, liabilities,                  months in accordance with the reporting period
                  and administrative account transactions of the                     of Market Risk Profile and Bank Soundness
                  Bank and cause changes in the value of net                         Reporting. However, the Bank continues to make
                  interest income. Because its effects affect the                    monthly IRRBB calculations as a form of risk
                  economic value and income, the Bank needs to                       control.
                  accurately identify risks and calculate and report
                  IRRBB to OJK in accordance with the regulated                      Specific measurements are used for asset
                  standards and references so that they can carry                    and liability instruments that have behavioral
                  out appropriate corrective actions.                                properties such as Credit Prepayment Rate
                                                                                     (CPR) on Credit exposures, Term Deposit
               2.       Risk Management Strategy and Risk Mitigation                 Redemption Ratio (TDRR) on Deposit exposures,
                        for IRRBB                                                    and Behavioral Non Maturity Deposit (NMD)
                        The Bank prepares a Risk Management Strategy                 exposure on Savings or Demand Deposits using
                        and Risk Mitigation by determining the level of              historical data. In addition, it also calculates the
                        risk to be taken (risk appetite) and risk tolerance          cash flow projection for monthly installment
                        in line with the Bank’s business strategy and                payments for credit instruments with fixed rate
                        policies and procedures for controlling IRRBB.               types, while for loans with floating rate types,
                        The form of policies and procedures provides an              it is determined to have a repricing period of 1
                        overview of the delegation of power, authority               (one) month
                        and responsibility for each level of position and
                        hedging strategy. In addition, the Bank needs to
                        pay attention to the gap risk, basis risk, or certain




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                 4.   Interest Rate Shock Scenarios and Stress              6.   Hedging against IRRBB (if any) and related
                      Scenarios Used by Banks in IRRBB Calculations              Accounting Treatment
                      Using EVE and NII                                          Currently the Bank does not take any hedging
                      Based on the regulatory provisions, the Bank               measures against IRRBB.
                      applies 6 (six) types of interest rate shock
                      scenarios for the ∆EVE calculation, namely            7.   Comprehensive explanation of the Main
                      Parallel Up, Parallel Down, Steepener, Flattener,          Assumptions of Modeling and Parametric used
                      Short Rates Up and Short Rates Down. Whereas               to calculate ∆EVE and ∆NII:
                      the DNII calculation uses 2 (two) shock scenarios,         a. Credit Prepayment Rate (CPR)
                      namely Parallel Up and Parallel Down.                          The Bank determines the Credit Prepayment
                                                                                     Risk (CPR) model based on the longest
                      In the process of interest rate shock scenario, the            historical data held by the Bank with the
                      Bank uses 2 (two) types of currencies, namely                  2007 – 2019 data period. The determination
                      Rupiah and foreign currencies using the US Dollar              of the CPR rate is done by comparing
                      approach. For the scenario of interest rate shock              the credit ceiling that has an accelerated
                      with a Parallel type, the Bank uses a change                   repayment status (Prepayment) with all
                      in the value of the interest rate of 400 bps for               credit ceiling owned by the data historically,
                      Rupiah and 200 bps for US Dollar. Whereas in                   both the repayment status is accelerated,
                      the short condition use the amount of changes                  paid off according to the maturity date,
                      in interest rates of 500 bps (Rupiah) and 300                  and those that are still active. Furthermore,
                      bps (US Dollar) and for the long condition use                 the CPR rate value obtained is used as
                      the change in interest rates of 350 bps (Rupiah)               an initial assumption of potential Credit
                      and 150 bps (US Dollar) respectively. The entire               whose repayment will be accelerated in the
                      amount follows the rules of the regulator.                     calculation of IRRBB cash flow projections.

                                                                                 b.   Term Deposit Redemption Ratio (TDRR)
                 5.   Modeling Assumptions that Significantly                         The Bank determines the Term Deposit
                      Impact IRRBB Calculations, which are different                  Redemption Ratio (TDRR) model based
                      from the IRRBB Calculation with a Standard                      on the longest historical data held by the
                      Approach                                                        Bank with the 2007 – 2019 data period. The
                      All modeling assumptions made by the Bank in                    determination of the TDRR rate is carried
                      the calculation of IRRBB are in accordance with                 out by comparing the outstanding deposits
                      the standard and reference approaches set by                    that have an early redemption status with
                      the Regulator. So for now the Bank does not                     all outstanding deposits that are owned in
                      have specific modeling assumptions that have a                  historical data, whether the status of the
                      different approach from the standard approach.                  disbursement is accelerated, the status of
                                                                                      the disbursement is in accordance with
                                                                                      the due date, and the status is still active.
                                                                                      Furthermore, the value of the TDRR rate
                                                                                      is obtained, which is used as an initial
                                                                                      assumption of the potential for deposits
                                                                                      whose withdrawal will be accelerated in the
                                                                                      calculation of IRRBB cashflow projections.




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                                                         Management
                                                         Analysis and
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                    c.   Non-Maturity Deposit (NMD)                           d.   Aggregation Method between Currencies
                         The Bank divides NMD into 3 (three)                       and Significant Interest Rate Correlations
                         based on rules, namely Transactional, Non-                between Currencies
                         Transactional, and Corporate (Wholesale).                 The Bank needs to aggregate the ∆EVE
                         Where the approach uses the assumption                    calculation between each currency in order to
                         of stable and unstable deposits from the                  obtain a consolidated value of all currencies
                         Liquidity Coverage ratio (LCR) calculation                that describe the Bank’s condition in general.
                         model to determine Transactional and Non-                 The bank takes an aggregation value of 50%
                         Transactional nominal. The Transactional                  which will be used to weight the value of
                         Category is assumed to be a stable deposit                ∆EVE calculation in foreign currency. Where
                         while the Non-Transactional Category is                   the rules used are if the value of ∆EVE in the
                         assumed to be an unstable savings on LCR.                 calculation of foreign exchange experiences
                         For Corporate deposits (Wholesale) only                   a profit, then only 50% of the value of the
                         differ by the customer field of business.                 EVE is taken to add up to the value of ∆EVE
                                                                                   in Rupiah. However, this does not apply if the
                         The Bank determines the amount of core                    value of ∆EVE foreign currency losses.
                         deposit for Savings and Current Accounts
                         using historical data for 10 (ten) years from
                         2009 - 2019. Where the assumption of core       8.   Other Information
                         deposits used is the minimum nominal value           None
                         of Savings and Current Accounts during the
                         period of historical data and the minimum       Qualitative Analysis
                         value is placed on bucket repricing that        1. Average Repricing Maturity Period applied for
                         fits the NMD category. Furthermore, if the         NMD
                         nominal Savings and Current Accounts at the        The bank follows the rules of the regulator by
                         reporting date exceeds the minimum value           setting the average period of repricing maturity
                         (core deposit), the excess is considered as        for NMD in the range of 5 years for transactional
                         non-core deposits that will be placed on           NMD, 4.5 years for non-transactional NMD, and 4
                         overnight bucket repricing                         years for corporate NMD.

                                                                         2.   The longest period of repricing maturity applied
                                                                              for NMD
                                                                              The Bank follows the rules of the regulator by
                                                                              applying the repricing maturity period for NMD
                                                                              in the range of 5 years for Transactional NMD, 4.5
                                                                              years for Non-Transactional NMD, and 4 years for
                                                                              NMD Corporations.




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                 Report of Interest Rate Risk in Banking Book (IRRBB) Calculations

                                                                                                                                  (in million Rupiah)

                                                                            ∆ EVE                                       ∆ NII
                                                           December 31, 2024     September 30, 2024    December 31, 2023     September 30, 2023
                   Paralel UP (400 bps)                             5,461,015             5,209,917             1,166,983                 965,202

                   Paralel Down (400 bps)                          (7,447,396)           (6,970,531)           (1,075,648)              (891,161)

                   Steepener                                        3,213,861             2,830,120

                   Flattener                                       (2,119,961)           (1,765,323)

                   Short Rate Up                                    1,195,172             1,309,679

                   Short Rate Down                                 (1,131,254)           (1,250,862)

                   Maximum Loss Value (Absolute)                    5,461,015             5,209,917             1,166,983                 965,202

                   Equity Tier 1 (for DEVE) or Projected           20,119,667            20,289,497             5,416,263               5,416,263
                   Income (for DNII)

                   Maximum Value divided by Equity Tier-              27,14%                25,68%                21,55%                   17,82%
                   1 (for DEVE) or Projected Income (for
                   DNII)




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                                                                 Management
                                                                 Analysis and
                                                                 Discussion




               LIQUIDITY RISK

               Liquidity Coverage Ratio Calculation Report Table

                                                                                                    Individual
                                                                            Quarter IV 2024                          Quarter III 2024
                                                                                    HQLA Value after                       HQLA Value after
                                                                                     haircut, liability                     haircut, liability
                No                  Component                         Liability     outstanding and          Liability     outstanding and
                                                                 Outstanding value     Commitment       Outstanding value     Commitment
                                                                 and Commitment/       multiplier by    and Commitment/       multiplier by
                                                                 Contractual Claim    run-off rate or   Contractual Claim    run-off rate or
                                                                       Values       contractual claim         Values       contractual claim
                                                                                   values multiplier by                   values multiplier by
                                                                                        inflow rate.                           inflow rate.
                 1   Total data Poin used in LCR Calculation                               Average of 3                             Average of 3
                                                                                     (three) position at                      (three) position at
                                                                                      the end of month                         the end of month

                HIGH QUALITY LIQUID ASSET (HQLA)

                 2   Total High Quality Liquid Asset (HQLA)                                   41,277,004                                43,721,033

                CASH OUTFLOW

                 3   Deposits from individual customer and              35,036,288             3,115,917         35,228,257              3,134,918
                     funding come from SME Customer is
                     consisting of:

                     a. Deposits/Stable Funding                          7,754,235              387,712           7,758,149               387,907

                     b. Deposits/Non Stable Funding                     27,282,053             2,728,205         27,470,108              2,747,011

                 4   Funding come from Corporate customer               33,267,446            18,138,013         36,679,301             19,344,687
                     is consisting of:

                     a. Operational deposits                             7,229,952             1,708,534         10,288,389              2,473,332

                     b. Non- Operational deposits and/or                26,037,494            16,429,479         26,390,912             16,871,356
                        other nonoperasional liabilities

                     c. Securities in the form of bond issued                    -                     -                  -                      -
                        by the bank

                 5   Secured Funding                                                                   -                                         -

                 6   Other cash outflow (additional                       411,946               355,274            434,972                369,055
                     requirement), consits of:

                     a. Cash outflow on derivative                          41,342               41,342             16,271                 16,271
                        transactions

                     b. Cash outflow on liquidity increment                      -                     -                  -                      -

                     c. Cash outflow on funding losses                           -                     -                  -                      -

                     d. Cash outflow on commitment                               -                     -                  -                      -
                        withdrawal of credit facilities and
                        liquidity facilities

                     e. Cash outflow on other contractual                        -                     -                  -                      -
                        liability related to fund distribution

                     f.   Cash outflow on other funding                     58,425                 1,753            67,956                   2,039
                          contingency liabilities

                     g. Cash outflow on other contractual                 312,179               312,179            350,745                350,745

                 7   TOTAL CASH OUTFLOW                                                       21,609,204                                22,848,660




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                                                                                                                 Individual
                                                                                      Quarter IV 2024                                 Quarter III 2024
                                                                                           HQLA Value after                       HQLA Value after
                                                                                            haircut, liability                     haircut, liability
                  No                    Component                            Liability     outstanding and          Liability     outstanding and
                                                                        Outstanding value     Commitment       Outstanding value     Commitment
                                                                        and Commitment/       multiplier by    and Commitment/       multiplier by
                                                                        Contractual Claim    run-off rate or   Contractual Claim    run-off rate or
                                                                              Values       contractual claim         Values       contractual claim
                                                                                          values multiplier by                   values multiplier by
                                                                                               inflow rate.                           inflow rate.

                     CASH INFLOW

                     8     Secured lending                                          475,608                          -               34,838                          -

                     9     Claims from Counterparty                               3,699,178                2,215,413              2,557,084                1,316,838

                     10    Other cash inflow                                        357,020                  191,976                409,621                  218,025

                     11    TOTAL CASH INFLOW                                                               2,407,389                                       1,534,863

                                                                                                TOTAL ADJUSTED                                  TOTAL ADJUSTED
                                                                                                        VALUE1                                          VALUE1

                     12    TOTAL HQLA                                                                     41,277,004                                      43,721,033

                     13    TOTAL NET CASH OUTFLOWS                                                        19,201,815                                      21,313,797

                     14    LCR (%)                                                                          214.96%                                         205.13%

                 Notes:
                 1
                   Adjusted values are calculated after the imposition of haircuts, run-off rates, and inflow rates as well as maximum limits on HQLA components, e.g.
                   maximum limits on HQLA Level 2B and HQLA Level 2 as well as maximum limits on cash inflows that can be taken into account in the LCR.



                 Qualitative Analysis
                 •  Liquidity Coverage Ratio for the position of Quarter IV 2024 is 214.96% above the provisions required
                    by the Regulator, which is 100% (POJK Number 42/POJK.03/2015 regarding the Obligation to Fulfill the
                    Liquidity Coverage Ratio for Commercial Banks).
                 •  The Liquidity Coverage Ratio for the fourth quarter of 2024 was 214.96%, a increase of 9.83% when
                    compared to the third quarter of 2024 at 205.13%. The decrease in this ratio is caused by:
                    a. Decrease in High Quality Liquid Assets (HQLA) of IDR2.44 trillion.
                    b. Decrease in Cash Outflow of IDR1.24 trillion.
                    c. Increase in cash inflow of IDR872.53 billion.

                 •        The composition of Bank Mega’s average HQLA during Quarter IV 2024 is dominated by Government
                          securities at 80% (after weighting).
                 •        The average concentration of funding sources in the fourth quarter of 2024 comes from retail customers
                          by 15% and corporate customers by 85% (after weighting).
                 •        Derivative exposure in the fourth quarter of 2024 is a net long of IDR14.41 billion.
                 •        Bank Mega has a liquidity risk management strategy which includes monitoring liquidity risk limits (appetite
                          limit & tolerance limit), calculating cash flow projections, Behavioral Maturity Profile, calculating Liquid
                          Assets to Non-Core Deposits, Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), liquidity
                          stress testing and liquidity management stipulated in ALCO committee meetings and carried out by related
                          work units, both Funding, Lending and Treasury.




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                                                                    Management
                                                                    Analysis and
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               Net Stable Funding Ratio Compliance Report

                                                                                                            Position September 30, 2024
                                                                                                         Carrying Value Under Maturity Date
                 No                          Component
                                                                                                                                                       Total
                                                                                                                      ≥6 Months -
                                                                                     No Term          <6 Months                         ≥1 Year       Weighted
                                                                                                                        <1 Year
                                                                                                                                                       Value

                Component ASF
                  1    Capital:                                                      20,345,782                   -                 -     460,358       20,806,140
                  2       Capital under CAR of POJK                                  20,345,782                   -                 -     460,358       20,806,140
                  3       Other capital Instrument                                             -                  -                 -             -               -
                  4    Deposits from individual customer and funding from            17,711,855         29,583,291         445,408        211,742       43,618,389
                       SME customer:
                  5       Deposits and Stable Funding                                 5,160,682          3,565,863          76,446          26,963       8,389,805
                  6       Non Stavle Deposits                                        12,551,172         26,017,428         368,962        184,779       35,228,585
                  7    Funding from corporate customer:                               8,739,897         48,773,417         200,787                -     14,709,702
                  8       Operational Deposits                                        7,518,490                   -                 -             -      3,759,245
                  9       Other funding from corporate customer                       1,221,407         48,773,417         200,787                -     10,950,457
                 10    Liabilities with pair of interdependent assets                          -                  -                 -             -               -
                 11    Other Liabilities and equity:                                  1,297,088            25,355                   -             -        208,194
                 12       Derivative liabilities NSFR                                                      25,355                   -             -
                 13       Other equity and liabilities which is not in those          1,297,088                   -                 -             -        208,194
                          category
                 14    Total ASF                                                                                                                      79,342,425,92

                Component RSF
                 15    Total HQLA in NSFR Calculation                                 8,365,260         19,726,559         782,134      16,517,979       1,909,169
                 16    Deposits with other financial institutions for operational       607,847                   -                 -             -        303,924
                       purposes
                 17    Performing and Special mention loans and Securities                     -        25,737,527      16,492,456      38,472,459      49,478,701
                 18       To financial institutions which secured with HQLA                    -                  -                 -             -               -
                          Level 1
                 19       To financial institutions which not secured with HQLA                -          996,530          496,483        161,764          559,485
                          Level 1 and loan to financial institution with unsecured
                 20       To non- f inancial company, individual customer and                  -        24,670,526      15,914,006      37,687,124      48,312,962
                          SME customer, Indonesia Government, governments
                          of other countries, Bank Indonesia, central banks
                          of other countries and public sector entities, which
                          include:
                 21           Met qualification to get risk weight of 35% or less,             -                  -                 -             -               -
                              according to SE OJK RWA for Credit Risk
                 22       Residential Mortgage loan which unsecured, among                     -           70,471           81,967        424,215          436,801
                          others:
                 23           Met qualification to get risk weight of 35% or less,             -                  -                 -             -               -
                              according to SE OJK RWA for Credit Risk
                 24       Securities which unsecured, not default, and not                     -                  -                 -     199,356          169,453
                          include in HQLA, including shares whi
                 25    Assets with pair of interdependent Liabilities                          -                  -                 -             -               -
                 26    Other Assets:                                                  4,423,389           117,265           95,214       6,565,076      10,131,359
                 27       Traded physical commodities, including gold                          -                                                                  -
                 28       Cash, securities and other assets recorded as initial                                   -                                               -
                          margin for derivative contract and cash or other
                          assets which submitted as default fund on central
                          counterparty (CCP)
                 29       Derivative assets NSFR                                                           54,287                                           54,287
                 30       Derivative liabilities NSFR before deducted with                                        -                                               -
                          variation margin
                 31       All other assets which not include in those category        4,423,389           117,265           95,214       6,565,076      10,077,071
                 32    Administrative Accounts                                                          36,122,279                                         222,224
                 33    Total RSF                                                                                                                        62,045,377

                 34    Net Stable Funding Ratio (%)                                                                                                        127.88%




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                                     Position December 31, 2024
                                 Carrying Value Under Maturity Date
                                                                              Total
                                             ≥6 Months -
             No Term       <6 Months                           ≥1 Year       Weighted
                                               <1 Year
                                                                              Value


              20,282,847                 -                 -      546,925     20,829,772
              20,282,847                 -                 -      546,925     20,829,772
                       -                 -                 -             -              -
              16,565,003     31,159,154           515,743         213,610     44,058,848

               5,166,541         3,342,188         77,833          29,665      8,186,899
              11,398,462     27,816,966           437,909         183,945     35,871,948
               9,826,024     50,180,378           858,158       2,200,000     18,083,198
               7,469,813                 -                 -             -     3,734,907
               2,356,211     50,180,378           858,158       2,200,000     14,348,291
                       -                 -                 -             -              -
               1,126,751           37,349          34,976                -              -
                                   37,349          34,976                -
               1,126,751                 -                 -             -              -

                                                                              82,971,818


               8,398,250     14,094,072           788,321      25,177,677      2,160,032
                955,392                  -                 -             -      477,696

                       -     21,173,450        11,200,771      42,709,631     53,178,039
                       -         1,389,981                 -             -      138,998

                       -          367,766         216,066         288,228       451,426

                       -     19,339,252        10,930,788      41,818,337     52,009,826




                       -                 -                 -             -              -

                       -           76,450          53,918         404,234       408,783

                       -                 -                 -             -              -

                       -                 -                 -      198,832       169,007

                       -                 -                 -             -              -
               3,706,614          138,150          11,226       6,623,218     10,238,323
                       -                                                                -
                                         -                                              -



                                         -                                              -
                                         -                                              -

               3,706,614          138,150          11,226       6,623,218     10,238,323
                             35,301,586                                         224,923
                                                                              66,279,014

                                                                                125.19%




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                                                           Management
                                                           Analysis and
                                                           Discussion




               Qualitative Analysis                                               Funding) of IDR3.63 trillion due to an increase
               •  Bank Mega’s NSFR (Net Stable Funding Ratio)                     in corporate customer funding of IDR3.34 trillion
                  position in December 2024 is 125.19% above                      (after weighting); an increase in deposits from
                  the provisions set required by the Regulator,                   individual customers, micro business customers,
                  namely 100% (POJK Number 50/POJK.03/2017                        and small businesses of IDR440.46 billion (after
                  concerning the Obligation to Fulfill Funding                    weighting); and an increase in capital of IDR23.63
                  Ratios Net Stable (Net Stable Funding Ratio) for                billion (after weighting). However, there was
                  Commercial Banks.                                               also a decrease in other liabilities and equity of
               •  NSFR (Net Stable Funding Ratio) of Bank Mega                    IDR208.19 billion (after weighting).
                  in the December 2024 position amounted                     •    The composition of ASF as of December
                  to 125.19%, decreased by 2.69% compared                         2024 is dominated by deposits originating
                  to the September 2024 position of 127.88%.                      from individual customers, customers, micro-
                  This was due to an increase in RSF (Required                    businesses, and small businesses amounting to
                  Stable Funding) of IDR4.23 trillion from an                     53.10%; capital of 25.10%; and savings originating
                  increase in loans and securities in current and                 from funding corporate customers amounting to
                  special mention categories of IDR3.70 trillion                  21.79%. Meanwhile, the composition of the RSF
                  (after weighting), an increase in Total HQLA of                 position in December 2024 mainly comes from
                  IDR250.86 billion (after weighting), an increase                loans and securities in the current and special
                  in Deposits for operational purposes of IDR173.77               mention categories, amounting to 80.23%.
                  billion (after weighting), and an increase in other        •    There are liabilities that are dependent on certain
                  Assets of IDR106.97 billion. On the other hand,                 assets amounting to IDR12.59 trillion in the form
                  there was an increase in ASF (Available Stable                  of Repo transactions.




               Encumbrance

                                                                                                                           (in million Rupiah)

                                                                  Assets held or agreed with the
                                               Encumbered        central bank but not yet used to       Unencumbered          Total
                                                                        generate liquidity

                Cash                                         -                                      -         873,509              873,509

                    Placement with BI

                    GWM Primer                               -                           5,793,621                     -         5,793,621

                    GWM RIM                                  -                           1,173,758                     -         1,173,758

                    GWM PLM                                  -                           3,666,849                     -         3,666,849

                    FASBI                                    -                                      -                  -                   -

                Government Securities                  206,630                                      -       35,878,622         36,085,252

                Corporate Securities                         -                                      -         204,046              204,046

                Reverse Repo                                 -                                      -        1,389,981           1,389,981

                Repo                               13,627,572                                       -                  -       13,627,572



               Qualitative Analysis
               a. Encumbered assets are assets that are owned by the Bank but are limited to legal and contractual liquidity
                  needs. Asset Restricted also does not include assets held in custody or agreed with Bank Indonesia,
                  which has not yet been used to generate liquidity. Currently, the Bank has tied assets consisting of Repo
                  amounting to IDR13.63 trillion (average maturity period at under 1 month) and Government Securities with
                  blocked status amounting to IDR206.63 billion.

               b.    The Bank has assets that are stored or pledged with Bank Indonesia in the form of a Primary GWM of
                     IDR5.79 trillion, RIM’s GWM is IDR1.17 trillion, and PLM’s GWM is IDR3.67 trillion. Stored assets at Bank
                     Indonesia have not yet been used to generate liquidity but can still be calculated as HQLA as regulated in
                     POJK Liquidity Coverage Ratio (LCR).




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                 c.   Unrestricted Assets are assets that comply with            monitoring and reporting Liquidity Risk
                      requirements as HQLA as regulated in POJK                  independently. The Board of Directors
                      Liquidity Coverage Ratio (LCR). At the moment,             and Commissioners are responsible for
                      Banks have unrestricted assets in the form of              ensuring that the implementation of
                      Cash, Letters, Government Securities, Corporate            Liquidity Risk management is in accordance
                                                                                 with the strategic objectives, scale,
                 LIQA - Liquidity Risk Management                                business characteristics and profile of the
                                                                                 Bank’s Liquidity Risk, including ensuring
                 Qualitative Disclosure                                          the integration of risk management
                 1. Liquidity risk governance, including: risk                   implementation for Liquidity Risk with other
                    tolerance; liquidity risk management structure               risks that may impact the Bank’s liquidity
                    and responsibilities; internal liquidity reporting;          position.
                    and communication of liquidity risk strategies,
                    policies and practices across business lines and        c.   Internal Liquidity Reporting and Strategy
                    with the Board of Directors.                                 Communication
                    a. Risk Tolerance                                            The Bank has an adequate and reliable
                         The Bank sets risk tolerance & risk appetite            Risk Management Information System for
                         for Liquidity Risk that is consistent and               reporting purposes related to Liquidity
                         relevant to the business and complexity                 Risk. In general, the Bank has submitted
                         of the Bank’s business activities. These                and reported information related to risk
                         limits include, among others, the Liquidity             management for Liquidity Risk which
                         Coverage Ratio (LCR) limit, the Net                     consists of: liquidity ratios, cash flow and
                         Stable Funding Ratio (NSFR) limit, the                  maturity profiles, Liquidity stress testing,
                         Macroprudential Intermediation Ratio (RIM)              Liquidity Risk Profile, and other information
                         limit, the cash flow mismatch limit both in             related to the Bank’s Liquidity Position and
                         the short and long term including cash flows            Bank compliance against Liquidity Risk
                         originating from administrative accounts,               policies and procedures. All information
                         concentration limits on assets and liabilities,         is submitted to the related Business Units
                         and other liquidity ratios. Tolerance limits are        as well as the Board of Directors and
                         set so that the Bank can manage liquidity               Commissioners through the Bank’s internal
                         under normal and crisis conditions. The                 information system channel and monthly Risk
                         determination of the limit for risk appetite            Management Committee (KMR) meetings.
                         and risk tolerance is proposed by the Risk              The Risk Management Work Unit (SKMR) will
                         Management Unit (SKMR) and approved by                  then coordinate periodically with the related
                         the Board of Directors and Commissioners                Business Units that manage Liquidity Risk if
                         through the Risk Management Committee                   there is an exceedance of policies or limits
                         (KMR). If a limit is exceeded, the Risk                 for Liquidity Risk and compile an action plan.
                         Management Unit (SKMR) will coordinate
                         with the relevant Business Units to prepare        d.   Liquidity Risk Policies and Practices in
                         an action plan.                                         All Business Lines and with the Board of
                                                                                 Directors
                      b.   Liquidity Risk Management Structure and               In practice, Business Units that are exposed
                           Responsibilities                                      to Liquidity Risk will submit information
                           The Bank determines the organizational                regarding the condition of macroeconomic
                           structure, tools and completeness of the              indicators and business projections through
                           units/functions related to the implementation         the Asset and Liability Committee (ALCO)
                           of risk management for Liquidity Risk in              meeting and may submit limits and risk
                           accordance with the characteristics and               tolerance levels related to Liquidity Risk
                           complexity of the Bank’s business activities.         to the Risk Management Unit (SKMR). to
                           The person in charge of Liquidity Risk                be reviewed and submitted to the Risk
                           management is the Business Unit whose                 Management Committee for approval.
                           activities are directly exposed to Liquidity          Related Business Units also prepare action
                           Risk. The Business Unit is further assisted           plans, develop a strong risk culture, and
                           by the Risk Management Unit (SKMR) by                 implement risk management policies and
                           providing objective input and analysis                procedures for Liquidity Risk that have
                           in the process of identifying, measuring,             been established by the Board of Directors.



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                         Furthermore, the Board of Directors will           6.   Customized measuring instruments or metrics
                         monitor and ensure that the implementation              that assess a bank’s balance sheet structure
                         of risk management for Liquidity Risk is                or projected cash flows and future liquidity
                         in accordance with the objectives and                   position, taking into account the risk of off-
                         characteristics of the Bank, assisted by the            balance sheet transactions specific to that
                         Risk Management Unit.                                   bank.
                                                                                 The measurement used by the Bank in projecting
               2.   The funding strategy, including the policy of                cash flows is by looking at the main business
                    diversification sources and funding tenors, and              activities of the bank based on the business
                    whether the funding strategy is centralized or               information approach, remaining maturity
                    decentralized.                                               (contractual) and behavioral on & off balance
                    In general, the Bank will formulate a funding                sheet. In addition, the bank also carries out a
                    strategy as part of efforts to control Liquidity             Funding/Use Plan (RPP) in managing short-term
                    Risk. This strategy includes a strategy to                   liquidity.
                    diversify sources and term of funding related
                    to the characteristics and business plans of the
                    Bank. This is stated in the risk limit for Liquidity    OPERATIONAL RISK
                    Risk related to the concentration of funding such
                    as the concentration of Time Deposits to Total          Operational Risk Disclosure
                    TPF, special rate DPK concentration to Total TPF,
                    Corporate TPF concentration to Total TPF, as            Bank Individually                            (in million Rupiah)

                    well as Interbank Liability concentrations.                            Approach Used                       Total

                                                                             Standardized Approach
               3.   Liquidity risk mitigation techniques
                    The Bank mitigates liquidity risk by monitoring          • Economic Indicator Components (KIB)           667,634.41

                    the liquidity risk limits set by the Bank’s              • Internal Loss Multiplier (FPKI)              1.00000000
                    management. If the limit is breached, the Risk           • Minimum Capital for Operational Risk          667,634.41
                    Management Unit coordinates with the Related               (MMRO)
                    Business Unit to carry out an action plan.               • RWA for Operational Risk                    8,345,430.13


               4.   A description of how the stress-test is used
                    Liquidity Stress Testing is used to determine
                    the ability of the Bank to meet liquidity needs         Risk Management Implementation Report
                    in a crisis by using a specific stress test scenario
                    (Bank specific scenario) and market stress              Qualitative Analysis
                    (general market stress scenario                         1. The Bank implements management policies and
                                                                               risks in accordance with the Services Authority
               5.   Outline of urgent funding plan for the bank                Regulations Finance Number 18/POJK.03/2016
                    To control liquidity in a crisis situation, a              and OJK Circular Letter Number 34/
                    Liquidity Crisis Center Management (LCCM)                  SEOJK/032016 regarding the Implementation
                    organization was formed which has the task and             of Risk Management for Commercial Banks also
                    responsibility to carry out continuous monitoring          refer to regulations internally regarding risk
                    of bank liquidity conditions. If the bank’s liquidity      management policies. Several internal policies
                    condition falls within the high risk criteria, the         related to management operational risks,
                    Bank will activate the Emergency Funding                   including:
                    Plan.                                                      a. Management Framework Operational Risk;
                                                                               b. Risk Management Policy;
                                                                               c. Operational Risk Management Policy
                                                                               d. Committee Risk management;
                                                                               e. RWA Calculation Guidelines Operational
                                                                                    Risk;
                                                                               f. Profile Preparation Guidelines Risk;
                                                                               g. Capital Adequacy Obligation Policy Minimum
                                                                                    (KPMM) according to Risk Profile;




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                      h. Guidelines for Preparing Branch Risk Profiles;          risk management, and ensuring management
                      i. Risk Policy Mega Bank Limits;                           policies. Operational risk runs at all levels of the
                      j. Product Committee Policy and New Product                organization. In its implementation, the Work Unit
                         or Activity Issuance Process;                           Operational Risk Management coordinates with
                      k. Risk Control Self Assessment (RCSA)                     several Work Units in the Control Forum Internal,
                         provisions;                                             such as the Internal Audit Work Unit, Work Unit
                      l. Appointment of Directorate of Operational               Process Management & Internal Control, Work
                         Risk Management (DORM);                                 Unit Compliance, and other related Work Units
                      m. Business Continuity Policy Management                   that hold regular meetings to discuss material
                         (BCM);                                                  Operational Risk issues to ensure risks These can
                      n. Determination of Organization Members                   be controlled effectively from an early age.
                         Business Continuity Management (BCM);
                      o. Preparing Business Continuity Plan (BCP)                To implement the Management Framework,
                         Document                                                Operational Risk has been appointed by 3
                      p. Classification Work Unit Tiers Based on                 elements of insurance, which is the responsibility
                         Business Activities;                                    of the manager in each Work Unit consisting of
                      q. Recording and Reporting of Risk Events;                 the Risk Owner, Operational Risk Manager, and
                      r. Operational Risk Online Test (OPRIST);                  Responsible Person. The risk Owner (RO) is the
                      s. Bookkeeping and Monitoring of GL-                       Top Leader in the Directorate, Office Work Unit
                         Operational Risk, GL-Operational Loss &                 Central, Regional, and Branch responsible for
                         Return/Recovery of Operational Loss;                    managing Operational Risk in the Work Unit he
                                                                                 leads. The operational Risk Manager (ORM) is
                      t.   Provision of Split Team;                              an Operational Risk management function that
                      u.   Emergency Response to Outbreaks of                    helps the Risk Owner implement an Operational
                           Dangerous and Infectious Diseases or                  Risk Management Framework consisting of
                           Infectious Diseases; and                              Corporate ORM/CORM (Bank level), Directorate
                      v.   Covid-19 Control Group of PT Bank Mega,               ORM/DORM (Directorate level), and ORM/UORM
                           Tbk.                                                  Unit (Head Office Work Unit level). Meanwhile,
                                                                                 the Responsible Person (RP) is there if needed
                      The existence of an Operational Risk Management            to help UORM manage Operational Risk.
                      Policy is used as a guideline for Banks in managing
                      the Operational Risks inherent in every Bank               Apart from that, to supervise risk management
                      activity, especially to determine responsibility,          operations and oversee risk issues in each unit,
                      accountability, and internal coordination work             work is carried out by operational risk governance
                      process. It is hoped that this can minimize the            meetings starting at the work unit, directorate,
                      potential losses from malfunctioning internal              and bank level. Operational risk issues discussed
                      processes, human error, system failure, and/               in Governance Meetings can be obtained based
                      or external events by anticipating the early               on data recording risk events, self assessment
                      emergence of events/errors because they don’t              results, results inspection, etc. Identified risks will
                      know Operational Risk is managed well.                     be measured and followed up to suppress risk
                                                                                 levels.
                 2.   To increase the effectiveness of implementation,
                      the Bank Operational Risk Management has              3.   The Bank developed modules in the Operational
                      developed an operational risk management                   Risk Management System (ORMS) application
                      organization with tasks and responsibilities that          system in order to improve the existing
                      have been formulated clearly, starting from the            tools. ORMS has three modules, namely Risk
                      Branch, Regional, and Office levels Center. At             Control Self Assessment (RCSA), Key Risk
                      the Head Office level, the Bank has established            Indicator (KRI) and Risk Event Database (RED).
                      an Operational Risk Management Work Unit                   RCSA is used to assist the RO in conducting
                      located under the coordination of the Risk                 Operational Risk Management process which
                      Management Work Unit. This Work Unit assists               includes identification and measurement of
                      the Board of Directors in managing operational             the effectiveness of Operational Risk controls
                      risk monitoring processes, implementing active             independently     which   is   predictive and




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                    anticipatory. Furthermore, KRI is a tool that         4.   The Risk Management Work Unit (SKMR),
                    provides early information about symptoms and              particularly The Operational Risk Management
                    risks, and its trends show an increase. Meanwhile,         Work Unit, has published or compiled several
                    RED is a tool that serves as a database of risk            reports on conditions of risks related to the Bank
                    events used for the Bank’s learning data.                  management ranks. These reports are made
                    This development will be carried out on the                public to support the performance of related
                    Operational Risk Web Links (OWL) application,              units through the provision of informative and
                    where OWL currently has an Operational Risk                dual-controlled data in risk control, including:
                    Online Test (OPRIST) module to conduct online              a. Risk Reports Limit;
                    tests for branch, regional, and some head office           b. Minimum Capital Requirement (KPMM));
                    employees. The objective is to measure mastery             c. Bank Health Level Assessment;
                    and understanding of Policies & Procedures and             d. Operational Risk Online Test (OPRIST);
                    Product Knowledge.                                         e. Branch Risk Profile Report;
                                                                               f. Regional Risk Profile Report;
                    The Bank builds a risk event database, including           g. Risk Control Self Assessment Report (RCSA);
                    loss data due to Operational Risk, through the             h. Operational Risk Governance Meeting
                    Risk Event Database (RED) module in the ORMS                   Report (ORGM);
                    application. This is part of the Bank’s activities         i. Business Continuity Plan Report (BCP);
                    in managing Loss Data that will be used in the             j. Risk Assessment Result Report;
                    calculation of Operational Risk Capital and                k. Operational Risk Buletin & Risk Campaign;
                    Operational Risk RWA. The events recorded                  l. Monitoring Reports & Risk Loss GL Reports
                    include Loss Event and/or Near Miss Event.                     Operational; and
                    The events may originate from transactional or             m. Weighted Asset Calculation According
                    non-transactional activities. Near Miss is a risk              to Operational Risk Using Approach
                    event that almost causes financial loss or that                Basic Indicators in previous periods and
                    has caused financial loss but the loss has been                Calculation of Weighted Assets According
                    fully recovered, with a note that at the time of               to Operational Risk by Using Standard
                    recording in the ORMS-RED system the risk event                Indicators in the period 2023 by SEOJK No
                    has been resolved either on the same day as the                6/SEOJK.03/2022/2022.
                    event or not, while Loss Event is a risk event that
                    has a financial impact or loss of Bank funds.              The Bank Health Level Assessment has several
                                                                               risks,   including     operational     assessment
                    Operational risk events shall be analyzed for              parameters on inherent risks, such as business
                    chronology, cause and impact to obtain complete            characteristics and complexity, source human
                    and comprehensive information. All risk events             resources,     information      technology     and
                    that have an actual financial impact must be               infrastructure support, fraud, and external events.
                    recorded in the RED module regardless of the               This parameter is relevant by OJK Circular Letter,
                    value of the loss. For Risk Events that have been          Bank Health Level Assessment.
                    recorded, the Operational Risk Management Unit
                    monitors the loss of the Loss Event regarding the     5.   The     Bank    continues     to   perfect    the
                    update of each loss recovery up to the final as            implementation of operational risk management
                    well as the booking of the final loss in the Bank’s        by improving employee awareness of risks as
                    books. The Operational Risk Management Unit                well as improving policies and procedures for
                    will reconcile the Loss recorded in the Risk Event         bank operations. These various efforts aim to
                    Record with that recorded in the Bank’s Loss               mitigate inherent risks and continuously improve
                    GL.						                                                  systems control, especially regarding operational
                                                                               risks. Banks continually increase risk awareness
                                                                               among all their employees through multiple
                                                                               media, including e-campaigns, newsletters, and
                                                                               direct outreach.




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                      In the context of implementing Risk Management              the Bank contained in Cash Save (money in the
                      by taking into account the level of risk to be taken,       treasury main), Cash In Counter (money in the
                      risk tolerance, and the Bank’s overall strategy             Teller drawer, and Branch Operations Officer Box
                      and still taking into account the Bank’s capital            in the counter area Teller) and Cash In Transit
                      capacity to be able to absorb risk exposure or              (transit money).
                      losses incurred, past loss experience, human
                      resource capabilities and compliance with                   As a form of active supervision by the Board
                      applicable internal and external regulations, the           of Directors on implementing Management
                      Bank needs to set risk limits. In establishing the          Implementation Quality Operational Risk, the
                      Risk Limit Policy, the Bank must adjust to the level        Bank has implemented an Operational Risk
                      of risk to be taken (Risk Appetite) and adequate            Governance Meeting at the Bank level, the
                      risk tolerance (Risk Tolerance) in accordance               primary purpose of which is to identify and
                      with the Bank’s overall strategic objectives and            manage critical risks at the Bank level.
                      business strategy and must be obeyed by all
                      lines of organization, therefore the Bank’s Risk
                      Limit Policy is issued.                                 GENERAL DISCLOSURE OF BANK RISK
                                                                              MANAGEMENT
                      Banks must implement a risk culture (Risk
                      Culture), including consistently implementing the       Organization
                      process identification, measurement, monitoring,        The implementation of risk management is regulated
                      control, and reporting of possible losses that the      by the Financial Services Authority Regulation (POJK)
                      Bank can experience, preventing risk events (Risk       No.18/POJK.03/2016 regarding the Implementation
                      Events), and minimizing Bank losses (Risk loss).        of Risk Management for Commercial Banks.
                      Then, the identification process, measurement,
                      monitoring, control, and reporting of each type         Risk management at PT Bank Mega, Tbk is under
                      and group of risks must be carried out separately,      the coordination of Vice President Director
                      sustainable, and integrated                             Directorate for Support, which oversees 12 Work
                                                                              Units, namely Operational Risk Management, Credit
                      Management Culture Risk is internalized at              Risk Management, Market, Liquidity & Integrated
                      all levels of the organization to encourage             Risk Management, IT & Cyber Risk Management,
                      consistency and effectiveness of Implementation         National Credit Review & Restructure, National Credit
                      Bank Risk Management. It is the shared                  Appraisal, Special Asset Management, Collection
                      responsibility of all employees in every line of the    Strategy & Support, Jakarta CCPL Collection &
                      organization.                                           Remedial, Out Region CCPL Collection & Remedial,
                                                                              CCPL Recovery, and Corporate Legal.
                      The Bank strengthens internal control through
                      forums internal control by holding regular              Work Units such as Credit Risk Management,
                      meetings to discuss material Operational Risk           Operational Risk Management, Market, Liquidity
                      issues to control these risks early.                    & Integrated Risk Management, IT & Cyber Risk
                                                                              Management, National Credit Appraisal, National
                      A Product Committee has been formed for                 Credit Review & Restructure, along with Compliance
                      optimized function, namely identifying and              & Good Corporate Governance, Crime & Fraud
                      mitigating the risks inherent in the product and        Investigation, Anti Money Laundering, Corporate
                      new activities and evaluating the performance           Legal, Customer Experience & Customer Care,
                      of products launched. The Bank has developed            Process Management & Internal Control, and
                      management guidelines for risks for specific            other related units are responsible for identifying,
                      products to facilitate mitigation steps for product     assessing, and monitoring all major risks of the Bank
                      risks by related work units.                            in accordance with the established risk management
                                                                              policies and procedures. The risk control function is
                      All cash and Bank Notes managed by the Bank             entrusted to the Internal Audit (IADT) and Process
                      must be insured; the type of cash insurance at          Management & Internal Control (PMIC) work units.

                                                                              Within the Bank-wide scope, PT Bank Mega, Tbk
                                                                              has a Risk Management Committee (KMR) that
                                                                              assists the Board of Commissioners and Directors




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               in actively overseeing risk management. The                                  Risk Indicators
               Board of Commissioners structure includes the                                In its implementation, the Bank has divided the
               Risk Monitoring Committee, Remuneration and                                  inherent risks in its activities into 9 (nine) types of risks
               Nomination Committee, and Audit Committee,                                   according to the Financial Services Authority (OJK)
               while within the Board of Directors itself, there is an                      regulations, namely 8 (eight) main Bank risks based on
               Executive Committee consisting of: Risk Management                           OJK Circular Letter (SEOJK) No.34/SEOJK.03/2016
               Committee (KMR), Credit Policy Committee, Product                            dated September 1, 2016, and 1 (one) additional risk
               Committee, Information Technology Committee,                                 beyond the 8 (eight) main Bank risks related to the
               Human Resources Committee, Asset & Liability                                 Implementation of Integrated Risk Management
               Committee (ALCO), and Crisis Management                                      according to SEOJK No.14/SEOJK.03/2015. Each risk
               Committee (KMK).                                                             is assessed from 2 (two) aspects: Inherent Risk and
                                                                                            Quality of Risk Management Implementation.
               Within the group-wide scope, PT Bank Mega, Tbk is
               the Main Entity in the Implementation of Integrated                          The assessment parameters for Inherent Risk
               Risk Management in the Mega Corpora Financial                                according to SEOJK No.14/SEOJK.03/2017 dated
               Conglomerate, and the Market, Liquidity & Integrated                         March 17, 2017, regarding the Assessment of the Risk-
               Risk Management unit serves as the Integrated Risk                           Based Bank Rating as follows:
               Management Work Unit (SKMRT). Additionally, there
               is also an Integrated Risk Management Committee
               (KMRT) conducted quarterly.


                  Types of Risk                                                             Risk Indicators
                Credit                 1.   Composition of Asset Portfolios and Level of Concentration
                                       2.   Quality of Fund Provision and Adequacy of Reserve
                                       3.   Strategy for Fund Provision and Sources of Fund Provision
                                       4.   External Factor

                Market                 1. Portfolio Volume and Composition
                                       2. Unrealized (Potential) Loss of Interest Rate Risk in Banking Book (BRBB)
                                       3. Business Strategy and Policies

                Liquidity              1.   Composition of Assets, Liabilities and Off-Balance Sheet Transactions
                                       2.   Concentration of Assets and Liabilities
                                       3.   Susceptibility to Funding Needs
                                       4.   Access to Sources of Funds

                Operational            1.   Business Characteristics and Complexity
                                       2.   Human Resources
                                       3.   Information Technology and Supporting Infrastructure
                                       4.   Fraud
                                       5.   External Events

                Compliance             1. Types and Significance of Violations Committed
                                       2. Frequency of Violations Committed or Track Record of Bank’s Incompliance
                                       3. Violations Against Regulations or Business Standards generally applicable to Certain Financial Transactions

                Strategic              1.   Compatibility of Strategies to Condition of Business Environment
                                       2.   High Risk Strategies and Low Risk Strategies
                                       3.   Position of Bank’s Business
                                       4.   Achievement of Bank’s Business Plan (BBP)

                Legal                  1. Litigation Factor
                                       2. Engagement Weakness Factor
                                       3. Factor of Absence of/Changes in Legislations

                Reputation             1.   Influence of Negative Reputation of Bank’s Owners and Related Companies
                                       2.   Violations of Business Ethics
                                       3.   Complexity of Bank’s Products and Business Cooperation
                                       4.   Frequency, Materiality, and Exposure of Negative News on Bank
                                       5.   Frequency and Materiality of Customers’ Complaints

                Transaction*           1. Composition of Intra-Group Transaction on Financial Conglomeration
                                       2. Documentation and Fairness of Transaction
                                       3. Other Information

               * Evaluation parameters for Intra-Group Transaction Inherent Risk according to SEOJK No.14/SEOJK.03/2015 concerning the Implementation of Integrated
                 Risk Management




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                 Risk Profile
                 Based on the conditions and measures taken in risk management in 2024, the assessment of the Risk Profile of
                 PT Bank Mega, Tbk as of June 2024 and December 2024, adjusted according to the results of the KMR meeting,
                 is as follows:

                                                            June 2024 Period*                                  December 2024 Period
                       Risk Profile         Inherent Risk         Risk Management   Risk Level    Inherent Risk    Risk Management    Risk Level
                                               Rating              Quality Rating     Rating         Rating         Quality Rating      Rating
                   Credit Risk           Moderate to High               Fair            3        Low to Moderate     Satisfactory         2

                   Market Risk            Low to Moderate           Satisfactory        2        Low to Moderate     Satisfactory         2

                   Liquidity Risk         Low to Moderate           Satisfactory        2        Low to Moderate     Satisfactory         2

                   Operational Risk           Moderate                  Fair            3             Low            Satisfactory         2

                   Strategic Risk         Low to Moderate           Satisfactory        2        Low to Moderate     Satisfactory         2

                   Legal Risk             Low to Moderate           Satisfactory        2             Low            Satisfactory         2

                   Compliance Risk            Moderate                  Fair            3        Low to Moderate     Satisfactory         2

                   Reputational Risk          Moderate              Satisfactory        2             Low            Satisfactory         2

                   Composite Rating                                                     2                                                 2

                 * adjustment based on OJK’s prudential meeting




                 Risk Management Implementation Process                                      prepared by the Board of Directors. Periodically,
                 The implementation of Risk Management is obligatory                         the Board of Commissioners evaluates the
                 for every Bank, as regulated by POJK No.18/                                 implementation of these policies through
                 POJK.03/2016 dated March 16, 2016, concerning the                           Director and Commissioner Meeting forums and
                 Implementation of Risk Management for Commercial                            in Risk Monitoring Committee (KPR) meetings.
                 Banks, and SEOJK No.34/SEOJK.03/2016 dated                                  Additionally, the Board of Commissioners
                 September 1, 2016, regarding the Implementation                             reviews and grants approval for requests from
                 of Risk Management for Commercial Banks. Based                              the Directors related to transactions and policies.
                 on these provisions and the internal needs of the
                 Bank, PT Bank Mega, Tbk has implemented risk                                Active supervision by the Board of Directors
                 management in alignment with its activities.                                includes formulating, approving, implementing,
                                                                                             and evaluating risk management policies,
                 The achievement of Bank Mega’s strategic goals                              procedures, and risk limits. These activities
                 and business objectives must be balanced with                               take place during Risk Management Committee
                 the implementation of risk management according                             (KMR) meetings, Asset & Liabilities Committee
                 to best practices in the national Banking industry                          (ALCO) meetings, and Credit Policy Committee
                 (risk-return management). To facilitate this, the                           meetings. The Board of Directors also establishes
                 Bank establishes Risk Appetite and Risk Tolerance                           and determines the approval mechanism for
                 parameters that are periodically reviewed. The                              transactions that exceed limits/authorities or
                 comprehension of Risk Level and its measurement,                            deviations and grants approval accordingly.
                 based on the combination of Inherent Risk and
                 the Quality of Risk Management Implementation                          b.   Adequacy of Policies and Limit Establishment
                 (KPMR), refers to SEOJK No.14/SEOJK.03/2017.                                To support the implementation of risk
                                                                                             management, Bank Mega has established several
                 The four pillars of risk management implementation                          policies related to Risk Management and Risk
                 have been a reference in the implementation                                 Limit Determination. In its implementation, these
                 of risk management across all Bank units. The                               policies have been documented in written form
                 implementation of the four pillars of risk management                       through Internal Decree (SK) or Circular Letters
                 at PT Bank Mega, Tbk is as follows:                                         (SE) and are periodically reviewed with approval
                                                                                             up to the Board of Directors level through
                 a.   Active    Supervision     by   the    Board   of                       committee meetings or by circulation to the
                      Commissioners and Directors                                            Board of Directors according to their authority
                      Active supervision by the Board of Commissioners                       levels.
                      is carried out through the approval and
                      evaluation of risk management policies

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               c.     Adequacy of the Processes of Risk Identification,                        •    Measuring potential risks
                      Measurement, Oversight, and Control, and Risk                            •    Measuring actual losses
                      Management Information System
                      The Risk Management process at PT Bank Mega,                        III. Risk Monitoring
                      Tbk includes the identification, measurement,                            Monitoring risk events to detect and prevent
                      monitoring, and control of risks across eight                            losses
                      types, supported by the Risk Management
                      Information System, as follows:                                     IV. Risk Control
                                                                                              Effectively implement risk control
                      I.    Governance & Policies
                            Establishing governance policies for risk                     V.   Risk Disclosure
                            management includes determining risk                               Submitting risk reports, including Risk
                            appetite and risk tolerance.                                       Management Reports to the Board of
                                                                                               Directors and Risk Management Information
                      II.   Risk Identification & Measurement                                  Reports to the public.
                            Preventing the Bank from unexpected losses
                            through risk measurement, including:                     d.   Internal Control System
                            •   Identifying risks in existing and new                     The internal control system at PT Bank Mega,
                                Banking processes and activities                          Tbk has been developed and implemented using
                                                                                          the Three Lines of Defense model, consisting of:




               01                                              02                                        03
                    Risk Taking Unit                           Risk Control Unit                           Risk Assurance Unit
                    1st Line of Defense                        2nd Line of Defense                         3rd Line of Defense
                    Risk Owner, responsible for the risks      Risk     Control,    responsible    for     Risk Assurance, responsible for
                    taken, execution, and outcomes (day-       developing       the     Bank's    risk     independently       assessing    the
                    to-day risk management & control)          framework, policies, principles, and        effectiveness of risk management
                    • Responsible for managing and             methodologies                               and internal control implementation
                       controlling inherent risks in day-      • Prepares      proposals     for  risk     • Conducts       independent     and
                       to-day business or function                management         strategies   and         periodic internal audits of risk
                       activities.                                policies, including risk appetite &         management and internal control
                    • Identifies, measures, mitigates,            risk limits.                                implementation.
                       monitors, and reports inherent          • Develops frameworks, policies,            • Develops         recommendations/
                       risks in business/function activities      principles, tools, methodologies,           corrective actions and monitors
                       according to the risk strategy/            and risk management standards.              their implementation.
                       policies/parameters set by the          • Recommends to the 1st line of
                       2nd line of defense.                       defense in implementing risk
                                                                  policies within regulator authority.
                                                               • Escalates significant issues to
                                                                  Senior Management/ Directors/
                                                                  Risk Management Committee.




               In order to enhance the implementation of Risk Management, PT Bank Mega, Tbk continuously develops tools,
               evaluates, and addresses any inadequacies in processes as well as in the development of human resources,
               considering it a key aspect of the implementation. This is crucial given that risk factors exhibit dynamic
               characteristics in line with the evolving practices within the Banking business.

               The Risk Assurance function is carried out not only by the Internal Audit Unit (IADT), which conducts regular
               supervision/audit, but also by the Process Management & Internal Control Unit (specifically, the Branch
               Operations Control sub-unit, Head Office & Operation Control, and Credit Control) for ex-post supervision
               through onsite and offsite checks. Review and monitoring of credit disbursement are conducted by the National
               Credit Review & Restructure Unit (NCRR).




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                 Based on the inspection results, it can be concluded          In addition, specific awareness campaigns,
                 that improvements are still needed in operational             especially on Operational Risk issues, are
                 activities. The action plan for improvement is as             conducted through bulletin publications titled
                 follows:                                                      “Internal Provisions Governance Volume XVI”
                 •    Monitoring of Pre-signed Documents and the               and risk campaigns containing Operational Risk
                      implementation of the APU-PPT Program at                 events. The operational risk campaigns carried
                      Branch Offices (OJK Finding Potential)                   out in 2024:
                 •    Sharing Knowledge on the Risk Event Data                 •   January 2024, Risk Campaign on “Ready to
                      Base Profile based on the 4 (four) Causes of                 Face Earthquakes”
                      Operational Risks and monitoring dormant                 •   February     2023,   Risk   Campaign    on
                      accounts                                                     “Operational Risk Anticipation Due to Mass
                 •    Sharing Knowledge on Business Continuity Plan                Protests in the 2024 General Election”
                      (BCP)                                                    •   February 2024 Risk Campaign on “Internal
                 •    Coordinating with the Internal Control Team,                 Policy Understanding for Operational Risk
                      Process Owner, Product Owner, and IT Team                    Mitigation”
                      (Transformation) to address inadequacies                 •   July 2024, Risk Campaign on “5 Control
                      related to occurring issues                                  Activities”
                 •    Reviewing the Fixed Asset and Inventory (FAI)
                      Policy to enhance controls over existing policies        Several training sessions have been conducted
                 •    Enhancing policy control through periodic                for employees with speakers from both internal
                      reviews                                                  and external parties, including:
                 •    Imposing sanctions                                       •   Socialization & Operations Forum
                                                                               •   2023 PMK No.122 Socialization in Auction
                 Risk Management Process Improvement                               Implementation Guidelines
                 There are five main aspects that are focused on in            •   Socialization of Investor Product Holding
                 efforts to improve risk management, as follows:                   Features, Refreshment Investment and
                                                                                   Insurance
                 Identification                                                •   Socialization Regarding Insurance Product
                 1.   Risk awareness, as the key element in managing               Launching “Mega Warisan”
                     risks, is consistently enhanced at both the               •   Internet Banking Corporate Socialization
                     operational and management levels. One method             •   Thematic Socialization of Integrated General
                     used is the inclusion of Risk Management material             Bank Reporting (LBUT)
                     in employee training programs. Risk awareness             •   Socialization of the Personal Data Protection
                     is also promoted through internal channels such               Act
                     as Credit and Operational Risk Bulletins that are         •   Socialization of SKKNI & KKNI 2024:
                     distributed to all Bank employees. In 2024, the               Procedures for APRDI Certification Training
                     Bank published ‘Credible,’ containing updates             •   Socialization of Risk Management with
                     on Bank Mega’s credit developments as well as                 Allo Bank related “Managing Risk in Digital
                     materials on Climate Risk Management. Moreover,               Banking: Innovate Safely or Risk it All”
                     ‘Crediblast’ is also published by discussing
                     economic outlook for 2024, market update, and        2.   Throughout 2024, Bank Mega strengthened
                     a brief explanation of internal policies.                 operational risk management through thematic
                                                                               analyses. Key initiatives included: profiling Risk
                                                                               Event Database (RED) based on four primary risk
                                                                               causes; monitoring dormant accounts; ensuring
                                                                               Internal Governance Compliance; and analyzing
                                                                               Power of Attorney, pre-sign documents and
                                                                               Letters of Indemnity. Additionally, the Bank also
                                                                               monitors the growth of dormant accounts with
                                                                               risk and business potential.




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               3.   Understanding policies, existing products,                To identify Bank credit risks related to economic
                    and the authority possessed will be a priority            sectors, an industry analysis of the Credit Card
                    addressed by the relevant work units to field-            and Personal Loan Benchmark is performed,
                    level staff. To identify inherent risks in the            comparing NPL ratio, Outstanding, and credit
                    development of new products and activities,               card and personal loan product in Indonesia.
                    the Bank implements an approval mechanism
                    through the Product Committee. In addition                The Bank has also begun to conduct identification
                    to analyze risks associated with developing               related to climate risks that can affect the Bank’s
                    products and activities, a review is also                 credit portfolio. The emergence of climate risks,
                    conducted on existing products to address their           such as those due to natural disasters and the
                    inadequacies. Furthermore, to enhance efficiency          risks associated with the transition to a low-
                    and effectiveness in risk management in this              carbon economy, may impact the financial
                    area, the Bank has specific product assessments           performance of debtors.
                    for products deemed to have significant risks.
                    Regarding product risks, the Bank has issued         5.   For Market Risk, the identification process is
                    regulations on measuring Bank Product Risks               based on portfolio categories, product details,
                    in accordance with SE No.126/DIRBM-PMOC/22                and transaction types such as transactions
                    on the Implementation of Bank Products,                   related to exchange rates, interest rates, and
                    referring to POJK No.13/POJK.03/2021 on the               various derivatives. To facilitate the identification
                    Implementation of Commercial Bank Products.               process, Spectrum and Bloomberg systems are
                                                                              used.
                    As the Bank’s credit portfolio undergoes
                    changes, the risk identification process becomes     6.   The identification process for Liquidity Risk is
                    crucial, considering the potential risks in terms         conducted on Bank products and activities that
                    of both potential credit quality deterioration and        affect the collection and disbursement of funds
                    credit concentration based on financing limits            in assets, liabilities, administrative accounts, and
                    per economic sector. The Bank has conducted               other potential risks that may increase Liquidity
                    and will continue to conduct training programs            Risk. Additionally, the Bank utilizes tools to
                    for all management and staff levels involved in           monitor the Early Warning System (EWS) for
                    credit activities. One form of oversight for the          External Indicators related to market/external
                    credit portfolio is carried out by the Process            risks and liquidity risks. This tool identifies
                    Management & Internal Control Unit through                market and liquidity indicator conditions outside
                    the Credit Control team, starting from the credit         the Bank (external) in normal or tight conditions
                    disbursement to ensure compliance with the                that are expected to affect the Bank’s business
                    Bank’s procedures and policies.                           conditions. This can help the Bank’s Business
                                                                              Units make business decisions with a more
               4.   The Credit Risk Identification Process is                 prudent and vigilant approach.
                    conducted by examining the overall credit
                    portfolio, based on segmentation, credit quality,    7.   Throughout 2024, Bank Mega intensified its
                    economic sectors, credit concentration on                 operational risk identification strategy, leveraging
                    individual debtors and business groups, and               data-driven tools including Risk Event Database
                    the adequacy of credit reserves by the Credit             (RED), Key Risk Indicator (KRI) contained in the
                    Risk Management unit. In addition to portfolio-           preparation of risk profiles at Branch Offices,
                    wide credit monitoring, individual monitoring             Sub-Branch Offices and regional offices, Risk
                    is also done in the form of a watchlist, serving          Control Self-Assessment (RCSA), Operational
                    as an early warning system in preventing the              Risk Online Test (OPRIST) and E-Learning.
                    deterioration of credit quality.                          Throughout 2024, the Bank conducted intensive
                                                                              and optimal RCSA and RED utilizing the
                                                                              Operational Risk Management System (ORMS)




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                      application. Additionally, the Bank conducted the   10. Periodically updating the Recovery Plan
                      Operational Risk Online Test (OPRIST) to assess         documents and conducting stress tests on
                      employee understanding of policies, procedures,         Recovery Plan options as an implementation of
                      products and related regulations, enhancing risk        OJK Regulation Number 5 of 2024 concerning
                      awareness through Operational Risk Web Links            the Determination of Supervisory Status and
                      (OWL) and Mega Employee Mobile (MEMo)                   Handling of Commercial Bank Problems.
                      applications.
                                                                          11.   The Bank is also raising awareness among all
                 8.   In 2024, the Bank optimized the role of                   employees regarding Information Technology
                      the Internal Control Forum (Internal Audit,               and Cyber Risk Management, including
                      Inspection Unit, Risk Management, Business Unit,          Technology and Information Security Risks
                      Fraud Investigator and Other Support Units) to            such as Cybersecurity Risks. This is achieved
                      collaborate in controlling Operational Risks.             through various communication media, including
                      Internal Control Forums held throughout 2024              E-Learning Security Awareness, Email Blast
                      include:                                                  Cyber Risk Awareness, PC/laptop wallpapers,
                      •   Internal Control Forum on January 23,                 Informasi Teknologi Risk dan Ketahanan Siber
                          2024, with the RPMG, TRFP, NTOP, PMIC                 Bulletin (INTERAKSI), online training related to
                          and ORMG work unit, discussing Foreign                ISO 27001 and Social Engineering Socialization
                          Customer M-Smile Registration Procedure.              Webinar attended by 1524 employees from head
                      •   Internal Control Forum on February 22, 2024,          office, branch and regional.
                          with the RPMG, TRFP, CPAM, DGMK, ITCR,
                          ITEC, ACSS, CECC and ORMG work unit,            12. Bank has conducted a comprehensive risk
                          discussing Social Engineering and M-Smile           assessment and ensured the implementation of
                          Account Takeover.                                   effective controls within a robust internal control
                      •   Internal Control Forum on May 31, 2024,             system to minimize inherent and residual risks, as
                          with the CRMG, ACSS and COBS work units,            well as their potential impact, in the management
                          discussing about the Black List Internal            and utilization of Information Technology
                          Database Detection Process.                         Services.
                      •   Internal Control Forum on August 20, 2024,
                          with the IADT, PMIC and ORMG work units,        13. The Bank has conducted cybersecurity testing
                          discussing about the Zero Tolerance Policy.         based on vulnerability analysis to identify
                      •   Internal Control Forum on August 22, 2024,          inadequacies in the Bank’s system, using
                          with the RPMG, ACSS, CPPA, DGMK, MACM,              vulnerability assessment followed by penetration
                          NTOP, ORMG, ITCR, CGCG, AMLA and COLG               testing.
                          work units, discussing about Further Action
                          on Bank of Indonesia’s Letter (No. 26/378/      14. The Bank also conducts cybersecurity testing
                          DSPk/Srt/Rhs) Concerning Online Gambling.           based on scenarios to validate the process of
                      •   Internal Control Forum on September 2,              addressing potential threats of cyber-attacks
                          2024, with the PMIC, HCRO, HCMG, TIBS,              and recovering from potential cyber incidents.
                          SBDV, SAPG, ITSO, COAF, NTOP, COLG,                 This includes conducting Table-Top Exercises to
                          CFIN, IADT and ORMG work units, discussing          assess the Bank’s readiness to respond to cyber
                          about the Zero Tolerance Policy.                    incidents and Social Engineering Exercises, such
                                                                              as simulating email phishing with the spear-
                 9.   Since 2020, the Bank has conducted Operational          phishing method targeting employees according
                      Risk measurements at branches through                   to level or type of inherent risk in the working
                      quarterly assessments of the Branch Operational         unit specifically based on their functions and
                      Risk Profile and monthly publications of Graphic        assignment to increase employees awareness,
                      Information (Resume) of the Branch Operational          resilience and readiness in facing the threat of
                      Risk Profile, and starting 2024, the Bank has           cyber-attacks and measure the level of employees
                      conducted Operational Risk measurements at              risk to phishing email attacks. This simulation is
                      region office through quarterly assessments of          held regularly every 3 months (quarterly) starting
                      the Regional Office Operational Risk Profile and        from November 2024. Additionally, the Bank has
                      monthly publications of Graphic Information             carried out a comprehensive thematic review of
                      (Resume) of the Regional Operational Risk               user access within the core banking system.
                      Profile.




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               15. As part of the Bank’s efforts to manage security        4.   Credit Risk measurement also includes stress
                   and information risks adequately and effectively,            testing Bottom-Up Scenario Tests (BUST) and
                   the Bank has implemented and obtained ISO                    stress testing Credit Portfolio to assess the
                   27001:2013 international certification for the               Bank’s capital and liquidity resilience and its
                   Information Security Management System                       impact on profitability. Moreover, the Bank has
                   (ISMS). ISO 27001 requires the Bank to continually           begun developing methodologies for stress
                   establish, implement, maintain, and improve the              testing climate risks in the priority sectors
                   information security management system within                defined by OJK and conducting the Climate
                   its scope.                                                   Risk Stress Testing (CRST) on 50% of its credit
                                                                                portfolio to assess the impact of climate risks on
               Measurement                                                      the debtors’ repayment capacity and the Bank’s
               1. Risk measurement is conducted by the Risk                     capital resilience.
                  Management Work Unit (SKMR) through the
                  assessment of the Bank’s Risk Profile quarterly          5.   Market Risk measurement includes the valuation
                  and the Risk-Based Bank Rating (PTKB) every                   of financial instruments, the calculation of market
                  semester. Within the Mega Corpora Financial                   risk capital charges, stress testing, and sensitivity
                  Conglomerate scope, PT Bank Mega, Tbk is                      analysis. For valuation processes, the Bank can
                  appointed as the Main Entity that responsible                 use marked-to-market and/or marked-to-model
                  for submitting Integrated Risk Profile reports                methods. Meanwhile, in calculating market risk
                  and Integrated Minimum Capital Adequacy                       capital charges, the Bank employs the standard
                  Requirement (KPMM) reports every semester.                    calculation method reported to regulators (BI
                                                                                and OJK). Additionally, the Bank has conducted
               2.   Regarding KPMM regulations, the Bank has                    Interest Rate Risk in the Banking Book (IRRBB)
                    applied the Basel III reform standardized                   calculations for market risk measurement
                    approach for measuring Market Risk and the                  using SEOJK No. 12/SEOJK.03/2018 on Risk
                    Basel III standard approach for Credit Risk.                Management Implementation and Measurement
                                                                                of the Standard Approach for Interest Rate Risk
               3.   In measuring Credit Risk, the Bank employs                  in the Banking Book for Commercial Banks.
                    standard methods according to SEOJK No. 24/
                    SEOJK.03/2021 on Calculating Risk-Weighted             6.   In the context of capital adequacy measurement,
                    Assets (ATMR) for Credit Risk Using the Standard            the Bank uses the Standardized Approach for
                    Approach for Commercial Banks. Additionally,                Commercial Banks to calculate ATMR Operational
                    the Bank utilizes credit stress testing tools. Plans        Risk since January 2023.
                    are underway to further develop and implement
                    ratings and scoring systems for Corporate,             7.   With the issuance of SEOJK No. 23/
                    Commercial, Indirect Channel Executing, and                 SEOJK.03/2022 on the Calculation of Risk-
                    interbank facility segments. The Bank is also               Weighted Assets (RWA) for Market Risk for
                    actively enhancing scoring models for Credit                Commercial Banks, the Bank is developing
                    Card and Personal Loan segments, incorporating              the calculation of Market RWA using the
                    both internal and external scoring, traditional             Standardized Approach (SA) method, which will
                    and non-traditional, to expedite the Credit                 take effect from January 2024.
                    Card application process with an appetited risk
                    level. The Bank regularly validates and reviews
                    credit card scoring to ensure that the limits
                    and quality of scores used align with the Bank’s
                    risk level. Furthermore, the Bank conducted an
                    industry analysis of the Credit Card and Personal
                    Loan Benchmark to compare the NPL ratio,
                    Outstanding, and credit card and personal loan
                    product in Indonesia.




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                 8.   In order to enhance the implementation of Basel               units at the Head Office, especially those with
                      II Pillar 2 and Basel III, the Bank has conducted             transactional activities. RCSA implementation in
                      measurements       of     the   Internal  Liquidity           2024 took place as follows:
                      Adequacy Assessment Process (ILAAP). This                     •   In Semester I, the Bank conducted RCSA
                      involves assessing liquidity adequacy under                       from June 19, 2024, to July 5, 2024, with 417
                      various market scenarios and during periods                       participants, consisting of 45 Head Office
                      of potential pressure that the Bank may face,                     Work Units, 8 Regional Offices, and 364
                      without considering liquidity assistance from the                 Branch Offices.
                      Central Bank.                                                 •   In Semester II, the Bank conducted RCSA
                                                                                        from November 11, 2024, to November 22,
                      There are several new features included in this                   2024, with 419 participants, consisting of 48
                      ILAAP implementation to measure and manage                        Head Office Work Units, 8 Regional Offices,
                      liquidity risk. These features include Available                  and 363 Branch Offices.
                      High-Quality Liquid Assets (HQLA), which only
                      considers HQLA that can be quickly liquidated           11.   The Bank utilizes risk assessment tools to identify
                      without obstacles or penalties (excluding GWM                 potential operational risks at Regional and
                      and PLM).; Survival Period Monitoring introduces              Branch Offices, generating quarterly Regional
                      a timeframe not only for the next 30 days in stress           and Branch Offices risk profile reports and
                      conditions but adjusted to the Bank’s risk limits;            monthly infographics
                      providing information on the volume of maturing
                      funds and new funds obtained, including roll-           12. In assessing human capital competence, the Bank
                      over funding, on a daily basis for a period of 1            conducts job-specific competency assessments
                      (one) month; refining Intraday Liquidity by                 for employees through the Operational Risk
                      capturing time-specific intraday liquidity risks            Online Test (OPRIST), a standardized tool
                      and vulnerabilities in correspondent Banking;               utilized across all work units, including Head
                      monitoring the adequacy of liquidity for                    Office, Branch Offices, Sub-Branches, and
                      significant foreign currencies (liabilities in these        Regional Offices. The OPRIST for 2024 will be
                      currencies are > 5% of the Bank’s total liabilities).       administered in two phases: First Semester
                                                                                  (March 14-28, 2024) and Second Semester
                 9.   In the Liquidity Risk measurement process,                  (October 7-November 14, 2024).
                      the Bank assesses liquidity exposure arising
                      from assets, liabilities, and administrative            13. To determine the level of cybersecurity maturity
                      accounts. Measurement tools used to assess                  and the digital maturity achieved by the Bank,
                      liquidity risk include Statutory Reserves (GWM),            assessments have been conducted according
                      Macroprudential Intermediation Ratio (RIM),                 to applicable regulations. In the assessment of
                      Loan to Deposit Ratio (LDR), Maturity Profile,              digital maturity levels, Bank Mega is 1 (one) of the
                      Daily Cashflow Projections, Liquid Assets to                19 (nineteen) Banks appointed by regulators for
                      Non-Core Deposit, Liquid Assets to CASA ratio,              piloting. This assessment has been incorporated
                      liquidity risk limit, and stress tests. The Bank has        into the Bank’s most recent IT condition report
                      also implemented liquidity ratio calculations from          provided to the Regulator.
                      Basel III, namely the Liquidity Coverage Ratio
                      (LCR) and Net Stable Funding Ratio (NSFR).              14. In the Risk-Based Bank Rating (PTKB), the Bank
                      Additionally, the Bank has measured indicators              has added the aspect of cybersecurity risk as
                      of the Contingency Funding Plan.                            part of the operational risk profile related to the
                                                                                  use of Information Technology (IT). This aspect
                 10. The Bank also has tools to measure                           includes the use of version up-to-date antivirus
                     Operational Risk, such as RCSA, which is one                 Endpoint Detection & Response (EDR) software,
                     of the risk management tools for conducting                  the frequency of cyber-attacks, and the impact
                     self-assessment of the quality of control                    of cyber incidents. This step will assist the Bank
                     implementation to anticipate Operational                     in monitoring the vulnerability of its IT systems
                     Risk in the future. Currently, RCSA has been                 to cyber threats and attacks.
                     implemented in branch offices and several work




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               15. In measuring bank operational risks due to                This monitoring conducted by the Credit Risk
                   climate risk, the Bank has carried out emergency          Management unit includes overseeing the credit
                   tests (stress tests) using climate risk scenarios         achievement compared to economic sector
                   or what is known as the Climate Risk Stress Test          limits and credit risk limits. Monitoring results
                   (CRST) on the Bank’s operational activities which         are reported periodically (once a month) to the
                   could impact financial losses.                            Board of Directors and Commissioners, as well as
                                                                             several relevant divisions.
               Monitoring
               1. The Risk Management Committee (KMR), Credit           6.   Credit monitoring is also conducted through the
                  Policy Committee (KKP), and Product Committee              periodic reporting, including daily, monthly, and
                  also serve as monitoring instruments for the risk          quarterly reports for all credit and credit card
                  management process in various functional areas.            segments. This involves concentration levels,
                  They evaluate policies proposed by business units          credit risk limits, credit quality, credit mutations,
                  from various risk aspects before implementation.           credit provisioning, credit restructuring, and
                                                                             comparisons with other Commercial Banks and
               2.   The Asset and Liability Committee (ALCO) is              peer groups.
                    conducted periodically (monthly) to oversee
                    business target achievement, implementation         7.   Periodic monitoring is conducted on the use
                    of interest rate policies, macroeconomic                 of Credit Decision Authority Limits for credit
                    projections, and strategic issues related to the         decision-makers. This monitoring is performed
                    management of Market Risk and Liquidity Risk.            to review credit performance and the authority
                                                                             limits of its holders. Policies related to it are also
               3.   The Bank routinely conducts Credit Quality               periodically reviewed.
                    Monitoring for all credit segments that have
                    potential issues or are starting to show issues     8.   Besides Credit Decision Authority Limits, the
                    through periodic credit monitoring meetings and          Bank also conducts periodic monitoring of Legal
                    monthly reporting via the Monthly Credit Report          Lending Limit (BMPK) and its soft limit as an
                    for all credit segments. For credit card and             early warning to prevent violations of the BMPK
                    personal loan segments, the Bank also monitors           regulations.
                    acquisition and portfolio quality weekly through
                    the Weekly Dashboard. Additionally, the Bank        9.   The Market Risk monitoring process for trading
                    regularly reviews credit card and personal loan          activities and counterparties is overseen by
                    approvals to ensure compliance with applicable           Treasury International Banking Business Support
                    policies.                                                (TIBS) and Market, Liquidity & Integrated Risk
                                                                             Management (MIRG). The Bank also monitors
               4.   Risk monitoring has been inherently carried              and reports daily on exposure, risks, and the
                    out by each unit, overseen by every supervisor           utilization of treasury and global markets limits.
                    and manager, aligning with the Three Lines of            These reports are provided to the relevant units
                    Defense concept. Additionally, the Internal Audit        and the Bank’s management.
                    Work Unit (IADT) and the Process Management
                    & Internal Control unit (PMIC) (includes Branch     10. The Bank conducts monitoring of market price
                    Operations Control and Head Office & Jakarta            reasonableness (off-market) as one of the
                    Operations Control subunit), play a role in             efforts to maintain its stability for the exchange
                    enhancing the effectiveness of the monitoring           rate/Forex transactions, whether conducted for
                    process.                                                customers or counterparties. In terms of interest
                                                                            rate exposure, the Bank also monitors the bond
               5.   The Bank has established credit limit monitoring        portfolio using duration and PV01 methods to
                    based on economic sectors and a mechanism               anticipate changes in interest rates.
                    for monitoring economic sectors through
                    trigger and action tools. Additionally, the Bank
                    also conducts credit risk limit monitoring.




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                 11.   The Liquidity Risk monitoring process is based      17. Operational Risk monitoring is also conducted
                       on measurements of the Statutory Reserves               through the creation of reports on Operational
                       (GWM), Macroprudential Intermediation Ratio             Risk profiles, Compliance Risk, Reputation Risk,
                       (RIM), Loan to Deposit Ratio (LDR), Maturity            and Legal Risk periodically. These reports are
                       Profile, Daily Cash Flow Projection, Liquid             generated on a monthly basis for Risk Limits and
                       Assets to Non-Core Deposits, Liquid Assets to           quarterly for Profile Risks.
                       CASA ratio, Liquidity Coverage Ratio (LCR),
                       Net Stable Funding Ratio (NSFR), and liquidity      18. To monitor potential operational risks at Regional
                       Stress Tests. Daily liquidity needs are managed         and Branch Offices, the Bank produces quarterly
                       by the Treasury work unit, and monitoring results       Regional and Branch Risk Profile Reports and
                       are periodically reported to regulators and the         monthly Infographics. These tools facilitate Risk
                       Bank’s management.                                      Owners’ identification of inherent risks.

                 12. The Bank also monitors Early Warning                  19. To maintain product and process integrity, the
                     System indicators, internal indicators such as            Bank conducts ongoing monitoring of Internal
                     Contingency Funding Plan and Recovery Plan,               Governance Compliance, ensuring policies and
                     which are periodically reported to management,            procedures remain accurate and up-to-date.
                     and external indicators such as exchange rate
                     market indicators, Stock Price Index (IHSG),          Control
                     Foreign Ownership of Securities, and Credit           1. The Bank has internal policies related to the
                     Default Swap (CDS).                                      implementation of Bank Risk Management and
                                                                              Integrated Risk Management Policy, as well
                 13. The Bank monitors operational risk issues                as policies for the Bank’s 8 (eight) main risks,
                     from each Directorate in the Operational Risk            namely Credit Risk, Market Risk, Strategic Risk,
                     Governance Meeting (ORGM) forum at the Bank              Liquidity Risk, Operational Risk, Reputation
                     level, based on the self-assessment results from         Risk, Compliance Risk, Legal Risk, and 1 (one)
                     each work unit.                                          additional risk within the scope of the Mega
                                                                              Corpora Financial Conglomeration, namely Intra-
                 14. Periodically monitors the trigger levels of the          Group Transaction Risk. Regarding Information
                     Recovery Plan Program in terms of capital,               Technology and Cyber Risk, the Bank currently
                     liquidity, profitability, and asset quality as per       has an Information Technology (IT) & Cyber Risk
                     regulations. Additionally, the Bank escalates and        Management Policy.
                     prepares action plans when trigger levels are
                     exceeded.                                             2.   In an effort to improve the Quality of Risk
                                                                                Management Implementation, especially in
                 15. Monitoring of IT Risk Event Data (RED) for the             terms of the alignment of risk management
                     Bank’s critical applications/systems, including            strategy with overall Bank’s strategic objectives
                     follow-ups in the form of analysis and further             and business strategy, risk limits have been
                     discussions with the IT work unit, is conducted            incorporated into the Bank’s Business Plan.
                     to understand events and plan corrective actions           These risk limits will be periodically monitored to
                     based on the escalation of documented events               ensure compliance with the risk tolerance set by
                     in the Operational Risk Management System                  the Bank.
                     (ORMS) system/database.
                                                                           3.   The determination of parameters, percentages,
                 16. To complement the Operational Risk monitoring              or figures for risk appetite and risk tolerance
                     process, throughout 2023, the Bank routinely               is based on historical data analysis, statistical
                     monitors the accounting of Operational Risk                approaches, business/expert judgment, and the
                     losses based on 7 (seven) Operational Loss GLs.            general Bank data conditions, as well as strategic
                     The results of monitoring Operational Loss GLs             decisions from management.
                     are compiled in the form of the Operational
                     Risk Loss Monthly Monitoring report, which is
                     published every month.




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               4.   Reviews of risk appetite and risk tolerance             10. In addition to the built-in risk controls in
                    will be conducted periodically, taking into                 transactional and operational work units, Internal
                    consideration changes in internal Bank business             Control also conducts periodic examinations
                    conditions, macroeconomic banking conditions,               of credit and operational processes at branch
                    and strategies. The Bank also conducts reviews              offices. Non-performing loans (NPL) are
                    of credit limits based on economic sectors at               independently managed by a separate unit, the
                    least twice a year. This includes consideration of          National Credit Review & Restructure (NCRR),
                    credit disbursement plans, business prospects,              which is responsible for restructuring NPL that
                    and economic conditions for each sector. The                still have the potential for repayment. Meanwhile,
                    limit serves as a benchmark for management                  work units such as CCPL Collection, CCPL
                    in determining the direction of credit portfolio            Remedial, CCPL Recovery, and Credit Collection
                    development in economic sectors with the                    Remedial & Recovery play a crucial role in debt
                    targeted risk level.                                        collection and the liquidation of assets handed
                                                                                over by NPL debtors that are no longer feasible
               5.   The Bank has a policy for the Tools Trigger &               for restructuring.
                    Action Mechanism for Credit Risk Limits and
                    Credit Limits Based on Economic Sectors &               11.   Market and Liquidity Risk control is conducted
                    Mechanism for Monitoring Economic Sectors to                  through limit systems and discussions in ALCO
                    ensure that the Bank reviews or creates action                meetings and Risk Management Committee
                    plans for credit risk limit parameters and/or                 (KMR) meetings.
                    economic sectors that exceed risk appetite or
                    risk tolerance.                                         12. Liquidity Risk control is carried out through
                                                                                funding strategies, management of: daily liquidity
               6.   The credit approval process, guided by the                  positions; intra-group liquidity positions; high-
                    four eyes principle involving both business and             quality liquid assets, and contingency funding
                    risk parties in decision-making, is ultimately              plans.
                    determined by the Credit Committee according
                    to its level.                                           13. To ensure the continuity of business processes
                                                                                amid crisis conditions, the Bank continues to
               7.   Credit risk control is periodically conducted               enhance Business Continuity Management
                    by Internal Audit, while the credit risk control            (BCM), covering both business and operational
                    processes at branches are routinely managed                 aspects.
                    by the Process Management & Internal Control
                    (PMIC) unit through the Credit Control team.            14. The Bank continuously strengthens risk control
                    Some aspects of Credit Control examination                  mechanisms, particularly for operational risk.
                    include compliance aspects and potential risks in           This involves steps like enhancing human
                    the credit process, economic market conditions,             resource compliance through training programs,
                    documentation, and financial monitoring.                    improving coordination among control work
                                                                                units, refining policies and procedures, and
               8.   In addition to regular reviews of risk limits, credit       strengthening the first line of defense control,
                    risk control is also carried out by reviewing Bank          etc.
                    policies related to lending and their alignment
                    with the Bank’s business strategy                       15. Pursuant to mitigating infectious disease
                                                                                transmission, the  Bank   has   established
               9.   Credit risk control for credit card and personal            Emergency Response Guidelines (SE: 187/
                    loan segments is executed through the                       DIRBM-PMIC/24) and implemented Business
                    development of parameter dashboards to ensure               Continuity Management protocols (SK: 072/
                    and monitor that the credit card and personal               DIRBM/21).
                    loan approval processes in the system comply
                    with applicable regulations. Credit risk control
                    for the credit card and personal loan segments is
                    also executed through updating policies on risk
                    acceptance criteria in the acquisition process
                    and portfolio management to ensure business
                    growth is in line with the bank’s risk appetite.




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                 16. Through regular monitoring of Risk Limits,                          Reporting
                     management can determine the direction of                           1. The Bank periodically and routinely reports
                     the Bank’s main Risks (Credit, Market, Liquidity,                      developments in its business to regulators. The
                     Strategic, and Operational) as an early warning                        technical details and types of reports adhere to
                     signal.                                                                the provisions and formats set by the regulators.
                                                                                            Through this reporting system, Bank Mega
                 17. Control over Legal Lending Limit (BMPK) is                             provides periodic elaborations on its internal risk
                     carried out through periodic updates of BMPK                           conditions to regulators.
                     soft limit
                                                                                         2.   The Risk Management Unit (SKMR) has
                 18. IT and Cyber Risk control is aligned with the                            published several reports on risks associated
                     Three Lines of Defense concept, where the                                with commercial Banks to several work units and
                     risk-taking unit in IT conducts Control Self-                            management levels. These reports are intended
                     Assessment, refines policies and procedures, and                         to support the performance of the relevant
                     also performs consultation and communication                             work units by providing informative data and
                     functions related to risk management.                                    facilitating dual control in risk management.


                        No                     Report                                                    Description
                         1.      Risk Limit Report                   The realization report is compared to the risk appetite and risk tolerance. Risk limit
                                                                     parameters are submitted to the Board of Directors monthly and to the regulator
                                                                     quarterly as part of the Bank's Business Plan realization report. The preparation
                                                                     of reports and calculation of risk limits is regulated by Internal Decree No.105/
                                                                     DIRBM/24 on Bank Mega's Risk Limit Policy.

                         2.      Minimum Capital Adequacy            MCAR report to the Regulator (OJK) related to the calculation of Capital, Risk-
                                 Requirement (MCAR) Bank Mega        Weighted Assets for Market, Credit, and Operational Risks, as well as the Integrated
                                 & Integrated MCAR                   MCAR Report.

                         3.      Counterparty Limit & Trader Limit   Report on the results of monitoring exceeding Treasury limits.
                                 Monitoring

                         4.      Assessment of Bank Soundness        Self-measurement and self-assessment of several risk management factors
                                 Level and Integrated Risk Profile   according to SEOJK No.14/SEOJK.03/2017 dated March 17, 2017, on the Assessment
                                                                     of the Risk-Based Bank Rating of Commercial Banks and POJK No.14/SEOJK.03/2015
                                                                     on the Implementation of Integrated Risk Management.

                         5.      Daily Cash Flow                     Cash flow projections.

                         6.      Operational Risk Online Test        Report on the results of online tests, especially for branch employees, to assess
                                 (OPRIST)                            understanding of policies, procedures, product knowledge, and operational risk
                                                                     control aspects, as regulated in the Operational Risk Online Test (OPRIST) Circular
                                                                     Letter.

                         7.      Branch Office Risk Profile Report   The Branch Operational Risk Profile Assessment Report includes measurements of
                                                                     Inherent Risk and the Quality of Risk Management Implementation. Branch Profile
                                                                     Assessment has been regulated in Circular Letter No.116/DIRBM-PMOC/22 on
                                                                     Branch Risk Profile.

                         8.      Regional Office Risk Profile        The Regional Operational Risk Profile Assessment Report includes measurements
                                 Report                              of Inherent Risk and the Quality of Risk Management Implementation. Regional
                                                                     Profile Assessment has been regulated in Circular Letter No.405/DIRBM-PMIC/24
                                                                     on Regional Risk Profile.

                         9.      Risk Control Self Assessment        Self-assessment report on the quality of control implementation to anticipate
                                 (RCSA) Report                       Operational Risk in the future, as regulated in Risk Control Self-Assessment (RCSA)
                                                                     Circular Letter No.156/DIRBM-OMIC/23.

                        10.      Operational Risk Governance         Report on the implementation of Operational Risk management governance
                                 Meeting (ORGM) Report               functions at every level of the structure to determine Top Risks at the Bank level
                                                                     based on self-assessment from each unit, regulated in Operational Risk Management
                                                                     Framework Circular Letter No.283/DIRBM-PMIC/24.

                         11.     Business Continuity Plan (BCP)      Report containing a series of planned and coordinated activities regarding risk
                                 Report                              reduction steps, handling the impact of disruptions or disasters, and recovery
                                                                     processes to ensure the Bank's operational activities continue, as regulated in
                                                                     Business Continuity Plan (BCP) Document Creation Circular Letter No.032/DIRBM-
                                                                     PMIC/24.

                        12.      Risk Assessment Results Report      The Risk Assessment Results Report is issued for every risk assessment process
                                                                     conducted, particularly directed to the relevant Directors and Vice President
                                                                     Directors, including related work units.




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                      No                  Report                                                          Description

                      13.   Risk Exposure Quantitative              Biannual publication of quantitative information on the Bank's risk exposure
                            Information Report                      based on POJK No.32/POJK.03/2016 dated August 12, 2016, on Transparency and
                                                                    Publication of Bank Reports, SEOJK No.43/SEOJK.03/2016 on Transparency and
                                                                    Publication of Reports of Conventional Commercial Banks, and SEOJK No.24/
                                                                    SEOJK.03/2021 on Calculation of Risk-Weighted Assets Using the Standard
                                                                    Approach.

                      14.   GWM Monitoring                          Monitoring compliance with the Statutory Reserves (GWM).

                      15.   Credit Risk Weighted Assets             Preparation and calculation of Credit RWA Standardized Approach refers to SEOJK
                            (RWA) - Standardized Approach           No.24/SEOJK.03/2021 on the Calculation of Risk-Weighted Assets Using the
                                                                    Standard Approach. The calculation is performed monthly and reported to OJK
                                                                    through the APOLO system.

                      16.   Sector-based lending limit report       Reports on the movement of the Bank's credit portfolio in 23 economic sector lines
                            & sector monitoring mechanism           specified by the regulator, as well as early warning and action tools for sectors that
                                                                    have exceeded expansion limits.

                      17.   Laporan Portofolio Kredit               Monthly report on the credit portfolio including the development of all credit
                                                                    segments, total portfolio status, credit mutations, credit quality, credit restructuring,
                                                                    write-offs, and recovery, as well as credit provisions.

                      18.   Watchlist Debitur                       Monitoring debtors who may be experiencing deteriorating credit quality serves as
                                                                    an early warning signal for credit risk management.

                      19.   Calculation of Interest Rate Risk -     Preparation and calculation of Interest Rate Risk - Banking Book based on SEOJK
                            Banking Book (IRRBB)                    No.12/SEOJK.03/2018 regarding the Implementation of Risk Management and
                                                                    Measurement of Interest Rate Risk in the Banking Book.

                      20.   Market Risk Weighted Assets             Market RWA is a calculation of the Bank's assets related to market risk based on
                            (RWA) - Standard Method                 POJK No.11/POJK.03/2016 regarding the Minimum Capital Adequacy Requirement
                                                                    for Commercial Banks and SEOJK No.23/SEOJK.03/2022 regarding Calculation
                                                                    of Risk Weighted Assets for Market Risk for Commercial Banks, Market RWA
                                                                    calculations are carried out every month and reported on-line to the Regulator.

                      21.   Allowances for Impairment Losses        Activities related to CKPN collectively and individually for Bank financial assets
                            (CKPN) of Bank Mega's Financial         according to PSAK 71 are regulated in the Allowances for Impairment Losses of
                            Assets                                  Bank Mega’s Financial Assets Guidelines.

                      22.   Securities Valuation (Marked to         The process of marking to market the fair value of securities to determine the
                            Market & Marked to Model)               Bank's position daily against market closing values. Securities without market price
                                                                    quotations (illiquid securities) are marked to model using the Credit Risk Spread
                                                                    approach, referring to the movement of government bond yields with the addition
                                                                    of risk factors.

                      23.   Fairness of Market Prices (Off-         Measurement and monitoring of off-market transaction fair values in forex.
                            Market)

                      24.   Backtesting exchange rate               Validation of the calculation model for the exchange rate volatility value compared
                            volatility                              to actual exchange rates.

                      25.   Early Warning System Monitoring         In order to manage Market and Liquidity Risk while adhering to the Bank's
                            (Early Warning System) External         prudential principles, in accordance with SEOJK No.34/SEOJK.03/2016 on the
                            Indicators                              Implementation of Risk Management for Commercial Banks, a tool or system is
                                                                    required to monitor early warning indicators related to market and liquidity risks
                                                                    for market and liquidity risks.

                      26.   Calculation of liquidity stress tests   In the implementation of Liquidity Risk Management, stress testing is a test of the
                                                                    Bank's ability to meet liquidity needs in crisis conditions.

                      27.   Liquidity Coverage Ratio (LCR)          The calculation and reporting of Liquidity Adequacy Ratio Compliance as regulated
                                                                    in POJK No.42/POJK.03/2015.

                      28.   Net Stable Funding Ratio (NSFR)         The calculation and reporting of the Net Stable Funding Ratio as regulated in POJK
                                                                    No.50/POJK.03/2017.

                      29.   Macroprudential Intermediation          Calculation of the Macroprudential Intermediation Ratio (RIM) is regulated in PBI
                            Ratio (RIM)                             No. 20/4/PBI/2018 and Member of the Board of Governors Regulation No.22/11/
                                                                    PADG/2020.

                      30.   Maturity Behavioral Profile             Identification of liquidity gaps between active, passive, and off-balance sheet
                                                                    account positions at a specific time based on customer behavior/product
                                                                    characteristics.

                      31.   Credit stress test report               In order to implement Credit Risk Management, stress testing is conducted on the
                                                                    credit portfolio by considering the deterioration of credit quality and its impact on
                                                                    provisions, profitability, and Bank capital adequacy.




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                        No                     Report                                                       Description

                        32.      Credit Limit Risk Action & Trigger    The report on action results is based on the monitoring of risk limits breaches
                                 Tools                                 percentage values against risk appetite and risk tolerance parameters in the credit
                                                                       field. This monitoring is conducted and reported monthly in accordance with the
                                                                       Trigger & Action Tools Mechanism for Credit Risk Limits policy.

                        33.      Trigger Level Monitoring Report       In order to monitor the trigger levels of the Recovery Plan, a report is prepared on
                                 Action Plan (Recovery Plan)           Capital, Liquidity, Profitability, and Asset Quality.

                        34.      Contingency Funding Plan (CFP)        In order to monitor the indicators of the Contingency Funding Plan (CFP)
                                 Indicator Monitoring Report           periodically reported.

                        35.      Industry Analysis                     An analysis of the current situation and conditions of an industry used as a reference
                                                                       for business units and reviewing units in allocating credit to debtors in that industry.

                        36.      Credit Risk Bulletin                  Socialization of updates on internal and external provisions related to credit,
                                                                       economic developments, portfolio developments, and other topics related to credit
                                                                       risk, delivered to all employees in the form of bulletins or other reports.

                        37.      Reconciliation of intra-group         Bank Mega, as the main entity in the Mega Corpora Financial Conglomeration,
                                 transactions                          routinely performs intra-group transaction reconciliation to assess the dependency
                                                                       between one entity and another in the financial conglomeration.

                        38.      Operational Risk Bulletin & Risk      Socialization of updates on internal and external provisions related to Operational
                                 Campaign                              Risk, and other topics related to operational risk, delivered to all employees in the
                                                                       form of bulletins, campaign posters, etc.

                        39.      GL Monitoring Report on               In order to monitor and analyses operational loss GL accounting in a business
                                 Operational Losses                    unit, and to ensure that the operational loss accounting is in accordance with its
                                                                       purpose, regulated in Circular Letter No.310/DIRBM-PMIC/24 on Operational Risk
                                                                       GL, Operational Loss GL Accounting, and Operational Loss Return/Recovery
                                                                       Accounting.

                        40.      Calculation of risk-weighted          Referring to SEOJK No. 6/SEOJK.03/2020 on the Calculation of Risk-Weighted
                                 assets for operational risk using a   Assets for Operational Risk Using the Standard Approach for Commercial Banks
                                 standardized approach                 and Circular Letter No. 132/DIRBM-PMIC/23 on Guidelines for the Calculation of
                                                                       Risk-Weighted Assets (RWA) for Operational Risk Using the Standard Approach,
                                                                       the Bank has implemented the RWA calculation with the Standard Approach for
                                                                       Commercial Banks in 2023, and the results have been submitted to OJK.

                        41.      Bottom-Up Stress Test (BUST)          Stress test conducted by Banks appointed by Authorities (OJK and BI) using
                                 report                                data and internal Bank satellite models based on scenarios and assumptions from
                                                                       Authorities.

                        42.      Recovery Plan Document                A plan to address financial issues that may arise in the Bank, by preparing several
                                                                       alternatives/scenarios of Recovery Options set by the Bank to respond to financial
                                                                       stress experienced by the Bank in preventing, recovering, or improving financial
                                                                       conditions and the Bank's business viability.

                        43.      Resolution Plan Document              A document containing information about the Bank and resolution strategies
                                                                       serves as one of the considerations for the Deposit Insurance Corporation (DIC)
                                                                       when handling or resolving a designated failed Bank.

                        44.      Monitoring of credit approval         Monitoring conducted to assess the quality of portfolios approved by CDAL holders,
                                 limits (BWMK)                         ensuring that all applicable CDAL limits are valid, and withdrawing CDAL limits that
                                                                       are no longer valid.

                        45.      Weekly Credit Card and Personal       Weekly publication related to the acquisition and quality of the credit card and
                                 Loan Dashboard                        personal loan portfolio segment.

                        46.      Daily Portfolio Credit Report         Daily report on the development of the credit portfolio, including detailed credit
                                                                       information per debtor.

                        47.      Climate Risk Management and           A series of climate-related risk management activities, including the implementation
                                 Scenario Analysis Report              of Climate Risk Stress Testing (CRST) that covers the measurement of credit, market,
                                                                       liquidity, and operational risks to assess the resilience of the Bank’s business model
                                                                       and strategies in response to climate change.

                        48.      Soft Limit for Legal Lending Limit    Monitoring and updating soft limit for Legal Lending Limit (BMPK) periodically as
                                 (BMPK)                                an early warning to prevent BMPK exceedance.

                        49.      Laporan Risk Event Databased          Application/System/Database used for online data reporting on every loss event
                                 (RED)                                 and near-miss that occurs in the work unit.




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                    To evaluate Bank Mega’s resilience to extreme          set for the purpose of prevention, recovery, and
                    external events, the bank conducts stress testing      improvement of the Bank’s financial condition.
                    as a basis for decision-making and to comply           Bank Mega has also conducted an analysis of the
                    with regulatory requirements. Stress testing           feasibility and effectiveness to ensure that each
                    aims to estimate the magnitude of losses, assess       Recovery Option developed can be successfully
                    the bank’s capital resilience in absorbing losses,     implemented.
                    ensure liquidity adequacy to meet the bank’s
                    obligations, and identify necessary steps to           Furthermore,     in   accordance      with   the
                    mitigate risks and maintain capital resilience.        implementation of the Deposit Insurance
                    The implementation of stress testing based on          Corporation (LPS) Regulation No. 2 of 2024
                    the Bottom-Up Stress Test (BUST) scenario in           on the Resolution Plan for Commercial Banks
                    2024 covers main risk types, including Credit          and LPS letter No. S-479/DKRB/2024 dated
                    Risk, Market Risk, and Liquidity Risk, along with      November 5, 2024, regarding the Obligation
                    sensitivity analysis on business concentration,        to Prepare and Submit a Resolution Plan, Bank
                    exchange rate fluctuations, and interest rates.        Mega is not required to submit a periodic
                                                                           resolution plan to LPS in accordance with
                    The Bank conducted a Climate Risk Stress Test          Article 17 of LPS Regulation No. 2 of 2024, as
                    (CRST) to assess its resilience against climate-       the Bank has not experienced a significant
                    related risks, encompassing credit, market,            financial condition change or more than 20%
                    liquidity and operational risks, informing strategic   (twenty percent) change in assets, liabilities,
                    action plans.                                          and/or equity as of the financial statement date
                                                                           included in the previous Resolution Plan from
                    The bank also conducts internal stress testing         2022, as communicated by the Bank to LPS
                    for credit portfolio, with the goal of estimating      through Letter No. 156/DIRBM-MIRG/2024 on
                    the deterioration in the bank’s credit quality and     the Submission of the Self-Assessment Results
                    its impact on the Allowance for Impairment Loss        of Bank Mega’s Financial Condition in June 2024.
                    for Bank Mega (CKPN), profitability, liquidity,
                    and capital adequacy. This process allows for the      Meanwhile, in order to implement POJK No.
                    identification of action plans that the bank needs     17/2023 on Application of Governance for
                    to undertake. Overall, the results of stress testing   Commercial Banks, specifically Article 125, Bank
                    indicate that Bank Mega can still maintain capital     Mega is committed to face the challenges of
                    resilience and adequate liquidity under economic       climate change, one of which is through the
                    downturn conditions, despite the pressure on           implementation of Climate Risk Stress Testing
                    profits.                                               (CRST). It is done to assess the Bank’s capital
                                                                           resilience in absorbing losses due to climate-
                    Referring to POJK Number 5 of 2024 regarding           related risks, both physical and transition risks.
                    the Determination of Supervision Status and            CRST is conducted on the Bank’s four main risks,
                    Handling of Commercial Bank Issues, Bank Mega          such as credit, market, liquidity, and operational
                    is obligated to prepare and submit a Recovery          risks. CRST for credit risk is quantitatively
                    Action Plan to prevent, recover from, and              performed on 50% if the Bank’s credit portfolio,
                    address issues that could jeopardize its business      which largely composed of sectors prioritized by
                    continuity. The Recovery Action Plan includes an       OJK. The measurement conducted on credit risk
                    analysis of the conditions across all business lines   includes the debtor’s repayment capacity due to
                    of the Bank, including stress scenario analysis for    transition risks and the quality of debtor assets
                    both idiosyncratic and market-wide shocks that         due to physical risks.
                    could endanger the Bank’s business continuity.
                    The Bank has developed Recovery Options to
                    address capital, liquidity, profitability, and asset
                    quality conditions, in line with the trigger levels




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                 RISK MANAGEMENT STRATEGY                                    Implementation of Credit Risk Management
                                                                             The tasks and responsibilities of Commissioners and
                 The risk management policy is aligned with the              Directors, Risk Management Units, Support Units,
                 direction of the Bank’s business strategy. The              Credit Committees, Risk Management Committees,
                 business strategy focuses for the year 2024 is              Risk Monitoring Committees, and Credit Policy
                 directed toward the Corporate and Indirect Channel          Committees have all been outlined in Bank Mega’s
                 (Executing and Joint Financing) segments. In                Credit Risk Management Policy.
                 response to the business development direction, the
                 risk management strategy has taken steps in several         Independent work units have been established
                 key areas. It begins with:                                  to independently evaluate, monitor, and report
                 1. Measurement, monitoring, and control of the              various risks. These units are designed to function
                      Risk-Based Bank Rating (RBBR) to remain within         independently of business units.
                      the risk appetite or at least risk tolerance.
                 2. Monitoring of each risk limit parameter in the           The principles applied by the Bank in conducting
                      Bank’s activities. This activity will be implemented   Credit Risk Management activities are based on
                      in every business line as part of management           internal Credit Risk policies outlined in Bank Mega’s
                      monitoring to ensure that the Bank’s risk level        Credit Risk Management Policy. This policy serves as
                      remains within the risk tolerance.                     a guideline for the Credit Risk Management strategy
                 3. Internalization of risk statements and risk culture      for activities with significant Credit Risk exposure,
                      throughout the Bank’s organizational structure.        the management of credit concentration risk, and
                 4. Safeguarding the independence of operational             the mechanisms for measuring and controlling Credit
                      units and risk management units in each                Risk.
                      directorate.
                 5. Human resources development, especially in               The management of credit concentration risk is
                      risk management capabilities. This development         carried out through portfolio diversification across
                      program will be implemented through risk               various geographical regions, industries, credit
                      management certification training, refreshment         product types, and individual or group borrowers,
                      courses, and enterprise risk management-based          as an effort to minimize Credit Risk. The Bank has
                      training.                                              established financing limits based on economic
                 6. Implementation of regulatory provisions or               sectors in all segments.
                      recommendations in an orderly and sustainable
                      manner.                                                The mechanism for measuring and controlling credit
                                                                             risk is implemented using various analytical tools,
                                                                             including rating and scoring systems as tools to
                 SPECIFIC RISK MANAGEMENT                                    decide on credit approval, stress testing to assess
                 DISCLOSURE BY THE BANK                                      the Bank’s resilience under stress conditions, credit
                                                                             decision authority systems, other credit risk analysis
                 Credit Risk                                                 based on quantitative calculations, and credit risk
                 Credit Risk is Risk that is due to failure on the part of   threshold levels in the risk profile calculation based
                 another party in meeting its obligation to the Bank.        on the Risk-Based Bank Rating (RBBR).
                 Credit risk management is an integral responsibility of
                 management and personnel at every level, reflected          The RBBR is periodically reported to the OJK and
                 in daily activities through a risk-aware culture. Every     is measured using a risk-based approach (Risk-
                 party involved in planning, decision-making, and            based Bank Rating/RBBR) consisting of two parts,
                 credit approval processes must analyze and mitigate         namely Inherent Risk and the Quality of Credit
                 credit risk according to their respective functions         Risk Management Implementation. The inherent
                 and responsibilities.                                       indicators are grouped into four major categories:
                                                                             Asset Portfolio Composition and Concentration
                                                                             Level, Quality of Fund Provision, and Adequacy of
                                                                             Reserves, Fund Provision Strategy and Sources of
                                                                             Fund Provision, and External Factors.




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               In the credit disbursement process, the economic         All the mentioned policies/guidelines undergo
               sector is also one of the Bank’s considerations. The     periodic reviews to stay in alignment with the latest
               Bank focuses on extending credit to sectors with         regulatory developments, the business environment,
               high credit potential and low risk. As of December       and changes attributed to the Bank’s business
               2024, the majority of the Bank’s credit is in these      growth and global economic conditions.
               economic sectors: Transportation and Warehousing
               (17.60%), Mining and Quarrying sector (12.79%), also     Qualitative Disclosure of Asset Securitization
               Information and Communication (11.83%). The volume       The bank does not have any exposure to asset
               of credit in these sectors aligns with the Bank’s        securitization.
               credit focus on the corporate segment, especially in
               providing credit to large business groups with lower     Market Risk
               risks, as well as Indirect Channel credit and Credit     Market risk refers to the risk associated with the
               Card segments.                                           balance sheet, administrative accounts, and derivative
                                                                        transactions, arising from overall changes in market
               Credit disbursement in these sectors also considers      conditions, including fluctuations in option prices.
               the GDP growth in the third quarter of 2024 for the      Market risk encompasses various components, such
               Transportation and Warehousing sector (8.64%)            as interest rate risk, exchange rate risk, equity risk,
               and Information and Communication sector (6.86%)         and commodity risk. These risks can originate from
               significantly outpaced the national GDP growth of        both trading book and banking book positions.
               4.95%. Although the Mining and Quarrying sector
               recorded a GDP growth of 3.46%, which is lower than      Implementation of Market Risk Management
               the national GDP growth, this economic sector still      The organizational structure, tools, and the
               showed positive growth.                                  completeness of units/functions related to the
                                                                        implementation of risk management for market risk
               Quantitative Credit Risk Standard Disclosure             must be adjusted to align with the characteristics
               The bank employs the standardized approach to            and complexity of the Bank’s business activities.
               calculate Risk-Weighted Assets (ATMR) for Credit
               Risk, in accordance with Financial Services Authority    To achieve effective risk management implementation,
               Regulation (SEOJK) No.24/SEOJK.03/2021 on                the bank defines tasks and responsibilities in
               the Calculation of Risk-Weighted Assets Using            accordance with business objectives, policies, as
               the Standardized Approach. This encompasses              well as the size and complexity of the institution.
               information about the policy of incorporating            The responsibility for market risk management is
               ratings in ATMR calculation, portfolio categories        generally placed within each work unit with activities
               using ratings, the rating agencies utilized, and the     exposed to market risk, specifically located in the
               disclosure of counterparty credit risk. It further       Treasury & Financial Institution work unit, serving
               includes types of credit risk mitigation instruments     as the overall manager of the Bank’s market risk.
               commonly accepted/issued by the bank and those           In carrying out this management, the Treasury &
               used in the ATMR calculation for Credit Risk at Bank     Financial Institution unit is assisted by the Market,
               Mega.                                                    Liquidity & Integrated Risk Management (MIRG) work
                                                                        unit, which independently provides objective input
               Qualitative Disclosure of Credit Risk Mitigation         and analysis for the identification, measurement,
               Standards                                                monitoring, and management of market risk.
               The bank has established policies for acceptable types
               of collateral, along with procedures and processes       The delegation of authority and responsibilities,
               for assessing and managing collateral. This section      including those of the Board of Commissioners and
               also covers key parties providing guarantees and         Directors, the Market, Liquidity & Integrated Risk
               the creditworthiness of these entities. Additionally,    Management (MIRG) work unit, Risk Management
               information on concentration levels resulting from       Committee (KMR), and Asset and Liability
               the use of credit risk mitigation techniques outlined    Management Committee (ALCO), along with the
               in the Collateral Assessment Guidelines is provided.     Support Unit consisting of Internal Audit, Business
                                                                        Unit, and Operational Work Unit, has been regulated
                                                                        in the Market Risk Management Policy.




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                 Management of Trading Book and Banking Book              Portfolio Coverage in MCAR
                 Portfolios                                               The portfolio coverage, including both the trading
                 The management of trading book and banking book          and banking book, is considered in the Minimum
                 portfolios, as well as the valuation methods employed,   Capital Adequacy Requirements (MCAR) calculation
                 is governed by the Market Risk Management Policy.        using the Standardized Method, in accordance with
                                                                          OJK regulations. The MCAR calculation consist
                 To ensure effective management and control of            of capital charge risk using the sensitivity-based
                 market risk, the bank establishes and periodically       method, capital charge calculation for default risk
                 reviews market risk limits. These limits encompass       capital (DRC), residual risk addon (RRAO), and credit
                 both market risk limits and risk threshold levels used   valuation adjustment (CVA) in accordance with
                 for the RBBR within the Market Risk Profile. The         No.23/SEOJK. 03/2022 concerning Calculation of
                 assessment is conducted using a comprehensive            Risk-Weighted Assets for Market Risk for Commercial
                 approach that integrates historical data, statistical    Banks.
                 analysis, expertise judgment, and a business
                 perspective.                                             Steps and Plans to Anticipate Market Risks
                                                                          Analysis and monitoring of market risk limits, market
                 The bank conducts regular measurements and               risk profiles, trading and banking book strategy
                 reporting to the OJK on market risk management.          parameters, and the complexity of derivative
                 This process is based on market risk parameters          products held by the Bank are periodically presented
                 within the Bank’s Health Assessment (PTKB) and           to the management through the Risk Management
                 follows a risk-based approach known as Risk-based        Committee. This aims to prepare anticipatory steps
                 Bank Rating/RBBR. This approach consists of two          and plans.
                 key components: Inherent Risk and the Quality of
                 Risk Management Implementation. Inherent Risk            Qualitative Disclosure of Market Risk Calculation
                 is evaluated across three major categories, namely       Using Internal Models
                 portfolio volume and composition, potential interest     The bank does not employ internal models for
                 rate risk loss in the banking book, and strategy and     calculating Market Risk.
                 policies bank’s business.
                                                                          Liquidity Risk
                 Market Risk Measurement Mechanism                        Liquidity risk is the risk arising from the bank’s
                 The measurement of market risk for the trading           inability to meet its maturing obligations from cash
                 book, particularly concerning exchange rates and         flow funding sources and/or from high-quality liquid
                 interest rates, is conducted on a monthly basis          assets that can be pledged without disrupting the
                 using the Minimum Capital Adequacy Requirements          bank’s operations and financial condition. The
                 (MCAR) calculation with the Standard Method, as          inability to obtain cash flow funding sources, thereby
                 mandated by regulatory authorities. The Bank has         leading to liquidity risk, can be caused by, among
                 also implemented regulatory provisions on capital        other factors:
                 charge risk calculations using the sensitivity-based     •   Inability to produce cash flow which is derived
                 method, capital charge calculations for default risk         from the earning assets or from sale of asset
                 capital (DRC), residual risk addon (RRAO), and credit        including the liquid asset; and/or
                 valuation adjustment (CVA).                              •   Inability to produce cash flow which derived
                                                                              from the fund raising, inter Bank transaction, and
                 Market Risk measurement from an interest rate                accepted loans.
                 perspective on the banking book utilizes the Interest
                 Rate Risk in the Banking Book (IRRBB) measurement
                 on a monthly basis. Interest rate risk is assessed
                 based on two perspectives: the maximum loss from
                 ∆Economic Value of Equity (EVE) to Capital and
                 ∆Earnings Perspective (NII) to Target Profit.




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               Implementation of Liquidity Risk Management                Stress Test, and Liquidity Risk parameters in the Risk-
               The determination of the organizational structure,         Based Bank Rating (RBBR). This assessment utilizes
               tools, and completeness of units/functions related         a risk-based approach known as Risk-based Bank
               to the implementation of risk management for               Rating/RBBR, consisting of two parts: Inherent Risk
               Liquidity Risk must align with the characteristics and     and Quality of Risk Management Implementation.
               complexity of the Bank’s business activities.              These inherent indicators are categorized into three
                                                                          major groups: Composition of Assets, Liabilities, and
               To implement risk management effectively, the Bank         Off-Balance Sheet Transactions; Concentration of
               has prepared tasks and responsibilities adjusted to        Assets and Liabilities; and Vulnerability to Funding
               its objectives, business policies, size, complexity, and   Needs. Additionally, the bank employs an Early
               capabilities. Responsibility for managing Liquidity        Warning System with monitoring tools for external
               Risk is generally assigned to each work unit with          indicators related to market/external risks and
               activities exposed to Liquidity Risk. The Market,          liquidity risks.
               Liquidity & Integrated Risk Management (MIRG)
               work unit independently provides input and objective       Steps and Plans to Anticipate Liquidity Risk
               analysis in the process of identifying, measuring,         Analysis and monitoring of liquidity risk limits and
               monitoring, and managing Liquidity Risk.                   Liquidity Risk profiles, which include parameters
                                                                          such as Composition of Assets, Liabilities, and Off-
               The distribution of authority and responsibilities,        Balance Sheet Transactions; Concentration of Assets
               including those of the Board of Commissioners              and Liabilities; Vulnerability to Funding Needs; and
               and Directors, Market, Liquidity & Integrated Risk         Access to Funding Sources, are periodically presented
               Management (MIRG) Unit, Asset and Liability                to management through the Risk Management
               Management Committee (ALCO), and supporting                Committee. This aims to prepare anticipatory steps
               work units consisting of Internal Audit, Business Unit,    and plans.
               and Operational Unit, is regulated by the Liquidity
               Risk Management Policy.                                    Controls are applied to activities that sustain
                                                                          increased risk. These controls are implemented
               Mechanisms for Measuring and Controlling Liquidity         through the funding strategy, the management of
               Risk                                                       the daily liquidity position and Liquidity Risk, the
               In order to identify Liquidity Risk, Bank must analyze     management of intragroup liquidity position and
               every Liquidity Risk sources. The liquidity Risk           Liquidity Risk, the management of the high-quality
               sources include:                                           liquid asset, and emergency funding plan.
               •   The banking product and activity which can
                   influence the source and fund usage, whether           Operational Risk
                   in the asset and liability or off-balance sheet        Operational Risk is the Risk which is caused by
                   position.                                              the inadequacy and/or non-functioning internal
               •   Other Risks which may increase the Liquidity           process, human error, system failure, and/or external
                   Risk, for example the credit Risk, Market Risk,        events which influence Bank’s operational. With
                   and Operational Risk.                                  the issuance of the POJK on the Implementation
                                                                          of Risk Management for Commercial Banks, Bank
               The tools used to measure and control Liquidity Risk       Mega has been diligently implementing operational
               are in accordance with regulatory provisions, consist      risk management by continually refining its
               of various metrics such as Statutory Reserves (GWM),       implementation across all bank activities, including
               Macroprudential Intermediation Ratio (RIM), Loan           the inherent risks in transactional activities at branch
               to Deposit Ratio (LDR), Maturity Profile, Daily Cash       offices and support activities at the headquarters.
               Flow Projection, Liquid Assets to Non-Core Deposits,
               Liquid Assets to Total CASA, Liquidity Coverage Ratio
               (LCR), Net Stable Funding Ratio (NSFR), Liquidity




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                 Organizational Structure of Operational Risk              Operational Risk Identification and Measurement
                 Management                                                Mechanism
                 To enhance the effectiveness of implementing              The bank uses the Operational Risk Online Test
                 operational risk management, the bank has                 (OPRIST) tool to measure the level of proficiency
                 established an organizational structure with clearly      of branch employees and several work units at the
                 formulated tasks and responsibilities, from branch        Head Office regarding policies and procedures,
                 level to regional and head office level. The functions    authorities, and products. Identifying risks by
                 and tasks of this organization are constantly             assessing employees’ proficiency of policies and
                 reviewed to align with the increasing of coordination     procedures is considered as an effective way to
                 effectiveness and to enhance the precision of risk        identify potential risks from mistake in operational
                 identification implementation.                            process implementation (especially people risk
                                                                           factors). Since 2022, the Operational Risk Online
                 At the Head Office level, the Bank has formed the         Test (OPRIST) has utilized the Operational Risk Web
                 Operational Risk Management Unit under the                Links (OWL) system, an online test for Bank Mega
                 coordination of the Risk Management Unit. This            employees at the Head Office and Branch Offices to
                 unit’s task is to assist the directors in managing        measure understanding of policies and procedures,
                 Operational Risk, monitor the overall implementation      products, and other related regulations in their
                 process of operational risk management, ensure that       respective fields, as well as to increase employee risk
                 operational risk management policies runs in every        awareness.
                 organizational levels. Some of the tasks include:
                 •   Assisting the Board of Directors in arranging the     The Bank utilizes Risk Control Self-Assessment
                     policy of the Risk management for the whole           (RCSA) tools on the Operational Risk Management
                     Operational Risk.                                     System (ORMS) platform to measure and evaluate
                 •   Designing and implementing tools to evaluate          the effectiveness of controls for each risk issue,
                     the Operational Risk and for reporting purpose.       overseen by respective risk owners across regional
                 •   Arranging Operational Risk profile report.            offices, branch offices and select head office units.
                 •   Doing assistance to the business unit regarding
                     the Risk Management for the Operational Risk          In addition, Operational Risk Management E-Learning
                     issue and Risk Management training for the            has been introduced for all employees to assess their
                     Operational Risk.                                     proficiency of Operational Risk management. This
                                                                           E-Learning initiative not only measures employees’
                 In its implementation, the Operational Risk               awareness of operational risk but also serves as a
                 Management work unit coordinates with the                 refresher course.
                 Internal Audit Unit, Process Management & Internal
                 Control Unit, Compliance & GCG Unit, Crime &              On a Bank-Wide basis, risk identification and
                 Fraud Investigation Unit, and other relevant units        measurement are conducted for several key
                 by conducting Internal Control Forums to discuss          indicators that are considered to represent the Bank’s
                 significant Operational Risk issues, enabling early       operational risk. These indicators are categorized
                 control of these risks.                                   into five main groups: Business Characteristics
                                                                           and Complexity, Human Resources, Information
                 Additionally, the Bank has also formed the Risk           Technology and Supporting Infrastructure, Fraud,
                 Management Committee (RMC) Support Group                  and External Events. The final result of this
                 dedicated to the Operational Risk area whose task         identification and measurement process is the Bank’s
                 is to assist the RMC in identifying operational risks,    Operational Risk Profile, which is reported to the OJK
                 especially related to risk management processes           on a quarterly basis.
                 carried out by risk owners. Furthermore, the Support
                 Group also acts as a filter for operational risk issues   On the other hand, the Bank currently uses the
                 to be presented at RMC meetings, ensuring that only       Standardized Approach (SA) for risk measurement
                 critical and substantial issues are presented in the      related to the calculation of Risk-Weighted Assets
                 forum.                                                    (ATMR), which has been in implemented since
                                                                           January 2023.




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               Operational Risk Mitigation Mechanism                     In Regional Offices, legal issues are overseen by a
               To mitigate and control the inherent operational          Legal Manager, who operates under the coordination
               risks associated with its activities, the Bank conducts   of the Regional Operational Manager. This setup
               periodic reviews of its Operational Policy and            enables efficient handling of legal issues within
               Standard Operating Procedures (SOPs) to ensure            the jurisdiction of each regional office, facilitating
               their adequacy as guiding principles considering          prompt resolution of legal challenges. Meanwhile,
               the Bank’s evolving business activities. Additionally,    in branch offices, legal functions are managed by a
               the Bank delegates authority, particularly for            Legal Officer.
               branch transactions, through transaction limits,
               facilitating customer service while addressing risk       Legal Risk Control Mechanism
               considerations.                                           The bank initiates the control of Legal Risk from
                                                                         the onset of business cooperation with customers,
               The separation of functions and duties, or                whether in liability, credit, or other service activities.
               segregation of duties, is consistently implemented        Document completeness is a crucial requirement
               for all operational activities, both on transactional     for account opening and banking transactions. In
               and non-transactional processes, including reporting      instances where customers cannot provide the
               procedures. This includes the implementation of           required documents, the bank is unable to proceed
               dual control mechanisms to validate transactions.         with the transaction.
               Additionally, other Operational Risk control
               methods, such as security systems, improvement,           Any lapses in customer service activities by the
               and enhancement of human resources capabilities,          Bank may lead to customer complaints, potentially
               are consistently applied to minimize operational risk     resulting in legal issues. To mitigate such risks, the
               and mitigate Bank’s potential losses.                     Bank has implemented comprehensive policies and
                                                                         procedures for every customer service activity,
               Legal Risk                                                ensuring that each Bank employee serves customers
               Legal Risk is Risk that happened because of legal         more prudent.
               claim and/or weakness of jurisdiction aspect. Legal
               risk can result in significant financial consequences     Furthermore, to effectively control Legal Risk,
               if not properly managed. Early identification of          particularly in the issuance of new products and
               legal risks is essential for effective management,        activities, the Corporate Legal Unit conducts regular
               preventing losses that exceed the bank’s tolerance        reviews of Cooperation Agreements. One of the
               levels.                                                   primary objectives is to verify the Bank’s legal position.
                                                                         Additionally, the Corporate Legal Unit consistently
               Legal Risk Management Organization                        provides training on Legal Risk management for
               The Bank considers Legal Risk as a critical risk type     employees, especially those involved in customer
               that requires serious management due to its potential     transactions within liability or credit areas. This
               significant impact. In line with this perspective,        training aims to enhance employees’ competency in
               the Bank has formed a Legal Risk management               managing Legal Risk.
               framework at both the Head Office and Regional
               Offices. At the Head Office, the Bank operates a
               Corporate Legal Unit, serving as a legal watchdog.
               This unit is tasked with handling legal issues faced
               by the Bank, providing legal opinions on Cooperation
               Agreements, and conducting legal analysis for the
               launch of new products and activities. Reporting
               directly to the President Director.




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                 Strategic Risk                                            Mechanisms for Measuring Progress Achieved from
                 Strategic Risk is Risk because of imprecision in taking   the Established Business Plan
                 and/or executing a strategic decision as well as          Control of Strategic Risk is consistently implemented
                 failure in anticipating business environment change.      by all work units, particularly business units, from
                 Therefore, the accuracy of the strategy formulated        branch level to the head office. Each branch conducts
                 by a Bank is a key factor in achieving the set            weekly evaluations of its business achievements, and
                 objectives. Given the importance of this strategy, the    similarly, business areas and the head office also
                 Bank continually monitors its implementation and          perform weekly assessments. These evaluations
                 evaluates any weaknesses or deviations that occur,        encompass not only the achievement of the set
                 promptly correcting them.                                 targets but also the identification of solutions to
                                                                           challenges encountered in the field. These measures
                 In general, the Bank’s strategy is formulated and         are undertaken to ensure that the Bank’s strategy is
                 documented in the Business Plan Document,                 executed as planned, thereby minimizing Strategic
                 which must be reported to the Financial Services          Risk.
                 Authority (OJK) at the end of each year. Within this
                 document, the Bank sets targets and objectives for        Compliance Risk
                 assets, liabilities, and new products and activities      Compliance Risk is the Risk when Bank does not
                 to be introduced. Deviations that occur during the        obey and/or implement the relevant rules and
                 implementation stage represent risks that must be         regulation. Compliance Risk may be sourced from
                 managed to prevent losses to the Bank.                    the law behavior which is Bank’s behavior/activity
                                                                           which deviates or violates the applicable stipulation
                 Strategic Risk Management Organization                    or legislation and the organization behavior which is
                 All business units and support units are responsible      Bank’s behavior/activity which deviates or against the
                 for assisting the Board of Directors in formulating       generally accepted standard. Compliance Risk has a
                 strategic plans and effectively implementing              very significant impact if not properly managed, as it
                 strategies. The Bank has a Financial Control Unit,        can lead to fines or severe sanctions. Therefore, the
                 tasked with monitoring the achievement of the Bank’s      Bank consistently recognizes that Compliance Risk is
                 business targets. Additionally, the management of         a risk that needs to be managed seriously.
                 the Bank’s Strategic Risk is focused on achieving the
                 targets set, serving as a means of monitoring the         Organization of Compliance Risk Management
                 suitability of the strategies implemented by the Bank.    Based on this perspective, the Bank formed a
                                                                           specialized unit to handle compliance, known as
                 Efforts to Identify and Respond to Changes in the         the Compliance & Good Corporate Governance
                 Business Environment                                      (CGCG) Unit, located at the Head Office. To manage
                 One aspect to consider in managing Strategic Risk         compliance risk effectively, through this unit, the
                 is the Bank’s ability to respond promptly to changes      Bank always ensures compliance with applicable
                 in the business environment, both domestically            rules, whether in the form of internal provisions or
                 and internationally. In line with this, the Bank          external regulations. Monitoring the implementation
                 consistently aligns every formulated business             of all reporting obligations that the Bank must fulfill
                 strategy with the evolving landscape. For instance,       to the regulator under the responsibility of the CGCG
                 the Bank emphasizes business development through          Unit, reporting directly to the Director of Compliance
                 integration with the group’s operations, ensuring         (Compliance & Human Capital Director).
                 compliance with internal and external regulations.
                 Services to priority banking customers are currently
                 identified as having significant growth potential. To
                 maintain customer loyalty and attract new customers,
                 the Bank continuously implements promotional
                 strategies by synergizing credit and CASA products,
                 primarily targeting premium customers.




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               Strategy and Effectiveness of Compliance Risk            Reputation Risk
               Management Implementation                                Reputation Risk is the Risk which is caused by the
               The existence of the CGCG Unit is independent            decrease of the stakeholder trust level that is caused
               of business and support units, rendering it more         by negative perception towards the Bank. Reputation
               effective in carrying out its tasks and functions. In    risk may be derived from various Bank business
               connection with this, when formulating or reviewing      activity, such as negative news from the mass media,
               internal policies, whether operational policies or       business ethic violation, and customer complaints; or
               Standard Operating Procedures (SOP), the Bank            the management weaknesses, corporate culture, and
               always ensures compliance with external regulations.     Bank business practice. Given that Reputation Risk is
               Technically, every policy issued must undergo            closely linked to customers, if not managed properly,
               review by the Compliance Unit. Additionally, in the      it can have a significant impact, potentially triggering
               execution of service transactions for customers,         customer runs and ultimately leading to customer
               officers must ensure document completeness and           attrition from the Bank.
               accuracy. This serves as a preventive measure to
               mitigate Compliance Risk exposure for the Bank.          Organization of Reputation Risk Management
                                                                        As a business institution whose activities rely on
               Monitoring and Control Mechanisms for Compliance         public trust, maintaining a good reputation is crucial
               Risk                                                     for the Bank. Reputation, in the form of public trust,
               In the implementation of compliance risk monitoring,     needs to be built over the long term, requiring
               the Internal Audit Unit, Operational Control Unit,       effective management. With this in mind, the Bank
               and Credit Control Unit play crucial roles. These        has a dedicated unit responsible for managing
               three units collaborate, according to their respective   Reputation Risk, known as the Corporate Affairs
               roles and duties, to monitor Compliance Risk across      unit, where the technical execution is carried out
               all business and support units. Additionally, to         by the Corporate Communication team. This unit is
               optimize internal control aspects, the Bank routinely    tasked with monitoring negative news in the mass
               conducts training for employees on compliance            media, handling customer complaints in the mass
               matters, particularly for new hires and long-term        media, performing public relations functions, and
               staff. At the branch level, a morning briefing is        responding to negative coverage or other events
               regularly conducted, at least once a week, serving       that may affect the Bank’s reputation and potentially
               as a discussion forum, particularly to review policies   cause losses. Additionally, this unit is responsible for
               issued by the head office and external regulations.      communicating necessary information to investors,
                                                                        customers, creditors, associations, and the public.

                                                                        Furthermore, the Bank has a Customer Care
                                                                        department tasked with handling customer
                                                                        complaints received by branch offices. Technically,
                                                                        every customer complaint reported to the branch
                                                                        is relayed to Customer Care through a prepared
                                                                        system/application.    Customer      Care    routinely
                                                                        monitors complaints in the system/application and
                                                                        coordinates with relevant units to find solutions.




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                 Policies and Mechanisms to Improve Customer                Reputation Risk Management During a Crisis
                 Service                                                    A crisis is an undesirable condition for all types
                 To uphold its reputation, the Bank consistently            of companies, including Banks, as it can severely
                 attempt to improve customer service. When                  damage reputation. Therefore, appropriate measures
                 customers feel that their interests are fully addressed,   are required to manage a crisis, including how to
                 they are likely to contribute positively to the Bank’s     communicate it to customers to avoid negative
                 reputation. Enhancing the competence of employees          perceptions. Reputation Risk management during
                 who directly interact with customers is an effective       a crisis is overseen by the Corporate Affairs unit,
                 strategy for improving service. The Bank achieves          which receives direct guidance from the President
                 this by providing regular training to tellers, customer    Director. Some strategies that the Bank can employ
                 service representatives, and marketing personnel,          include maintaining a professional relationship with
                 focusing on customer service techniques and                the mass media and providing the public/customers
                 deepening their understanding of Bank products.            with adequate understanding and education about
                                                                            the crisis conditions to ensure they receive accurate
                 Furthermore, the Bank consistently complies with the       information. This is to prevent customer panic.
                 Principle of Information Transparency for customers.
                 In this regard, it consistently provides customers
                 with comprehensive information about the benefits,
                 risks, and costs associated with each product and
                 service it offers. This ensures that customers receive
                 balanced information about the products or services
                 they utilize.




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                                                       Corporate
                                                       Governance




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                                 05
                                                    Corporate
                                                    Governance




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                                                                  Corporate
                                                                  Governance




               Introduction




               The principles of Good Corporate Governance (GCG)       3.   Accountability
               at Bank Mega strengthen the Company’s Values,                The Bank always ensures that the Bank’s
               namely Dynamic, Entrepreneurship, Trust, Ethics,             management complies with laws and regulations
               Commitment and Synergy, which are continuously               and ethical values as well as standards, principles
               instilled and implemented by all Bank Mega personnel         and practices.
               in carrying out all business activities at Bank Mega.
               The principles of Corporate Governance are:             4.   Independence
               1. Transparency                                              The Bank guarantees that the Bank’s
                    The Bank carries out openness in the decision-          management is carried out independently
                    making process and openness in disclosing and           and professionally and is free from conflicts of
                    providing relevant information that is easily           interest and influence or pressure from any party
                    accessible to stakeholders.                             that is not in accordance with the provisions of
                                                                            laws and regulations and ethical values as well as
               2.   Accountability                                          principles and practices.
                    The Bank implements clarity of function and
                    implementation of accountability of Bank organs    5.   Equality and fairness
                    so that its management runs effectively.                The Bank always ensures equality and balance,
                                                                            and fairness in fulfilling the rights of stakeholders
                                                                            arising from agreements, provisions of laws
                                                                            and regulations and ethical values as well as
                                                                            standards, principles, and practices.

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                 In the economic situation that is still full of challenges         LEGAL     BASIS                        FOR    THE
                 throughout 2024, Bank Mega continues to be                         IMPLEMENTATION                   OF     CORPORATE
                 committed to improving the implementation of GCG                   GOVERNANCE
                 best practices which are an important component
                 in Bank Mega’s efforts to improve performance, and                 As a business entity engaged in the financial industry,
                 protect the interests of stakeholders                              especially banking, Bank Mega is guided by various
                                                                                    laws and regulations that apply to banking and public
                                                                                    companies, including the following:


                            Legal Basis                                                Types of Regulations
                   Financial Services Authority   •   POJK No. 33/POJK.04/2014 concerning the Board of Directors and Board of Commissioners of
                   Regulation (POJK)                  Issuers or Public Companies;
                                                  •   POJK No. 34/POJK.04/2014 concerning the Nomination and Remuneration Committee of
                                                      Issuers or Public Companies;
                                                  •   POJK No. 35/POJK.04/2014 concerning the Corporate Secretary of Issuers or Public Companies;
                                                  •   POJK No. 45/POJK.03/2015 concerning the Implementation of Governance in the Provision of
                                                      Remuneration for Commercial Banks;
                                                  •   POJK No. 55/POJK.04/2015 concerning the Establishment and Work Guidelines of the Audit
                                                      Committee;
                                                  •   POJK No. 56/POJK.04/2015 concerning the Establishment and Guidelines for the Preparation of
                                                      the Internal Audit Unit Charter;
                                                  •   POJK No. 4/POJK.03/2016 concerning Assessment of Health Level of Commercial Banks;
                                                  •   POJK No. 18/POJK.03/2016 concerning Implementation of Risk Management for Commercial
                                                      Banks;
                                                  •   POJK No. 29/POJK.04/2016 concerning Annual Report of Issuers or Public Companies;
                                                  •   POJK No. 46/POJK.03/2017 concerning Implementation of Compliance Function of Commercial
                                                      Banks;
                                                  •   POJK No. 1/POJK.03/2019 concerning Implementation of Internal Audit Function in Commercial
                                                      Banks;
                                                  •   POJK No. 37/POJK.03/2019 concerning Transparency and Publication of Bank Reports;
                                                  •   POJK No.12/POJK.03/2020 dated March 16, 2020 concerning Consolidation of Commercial
                                                      Banks;
                                                  •   POJK No. 15/POJK.04/2020 concerning the Planning and Implementation of General Meetings
                                                      of Shareholders of Public Companies;
                                                  •   POJK No. 16/POJK.04/2020 of 2020 concerning the Implementation of General Meetings of
                                                      Shareholders of Public Companies Electronically
                                                  •   POJK No. 63/POJK.03/2020 concerning Reporting of Commercial Banks Through the Financial
                                                      Services Authority Reporting System;
                                                  •   POJK No. 12/POJK.03/2021 concerning Commercial Banks;
                                                  •   POJK No. 11/POJK.03/2022 concerning the Implementation of Information Technology by
                                                      Commercial Banks;
                                                  •   POJK No. 6/POJK.07/2022 concerning Consumer and Community Protection in the Financial
                                                      Services Sector;
                                                  •   POJK No. 24 of 2022 concerning Development of Human Resources Quality of Commercial
                                                      Banks;
                                                  •   POJK No. 17 of 2023 concerning Implementation of Governance for Commercial Banks

                   Financial Services Authority   •   SEOJK No. 55/POJK.04/2015 dated December 29, 2015 concerning the Establishment and
                   Circular (SE OJK)                  Implementation Guidelines for the Work of the Audit Committee;
                                                  •   SEOJK No.40/SEOJK.03/2016 dated September 26, 2016 concerning the Implementation of
                                                      Governance in the Provision of Remuneration for Commercial Banks;
                                                  •   SEOJK No. 13/SEOJK.03/2017 dated March 17, 2017 concerning the Implementation of
                                                      Governance for Commercial Banks;
                                                  •   SEOJK No. 35/SEOJK.03/2017 dated March 17, 2017 concerning Guidelines for Internal Control
                                                      System Standards for Commercial Banks
                                                  •   SEOJK No. 16/SEOJK.04/2021 dated June 29, 2021 concerning the Form and Content of Annual
                                                      Reports of Issuers or Public Companies;
                                                  •   SEOJK No. 28/SEOJK.03/2022 dated December 22, 2022 concerning Risk Management
                                                      Certification for Human Resources of Commercial Banks;
                                                  •   SEOJK No. 29/SEOJK.03/2022 dated December 27, 2022 concerning Cyber ​​     Resilience and
                                                      Security for Commercial Banks.

                   Others                         •   Indonesian Corporate Governance Roadmap Towards Better Governance of Issuers and Public
                                                      Companies issued by OJK on February 4, 2014;
                                                  •   The latest Company Articles of Association as stated in Deed No. 17 dated March 23, 2022
                                                      concerning changes in issued and paid-up capital.
                                                  •   Decree of PT Bank Mega Tbk SK: 039/DIRBM/20 concerning Guidelines for Implementing
                                                      Corporate Governance




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                                                                    Corporate
                                                                    Governance




               Governance
               Structure


               Based on the Law of the Republic of Indonesia No. 40 concerning Limited Liability Companies, the Bank’s
               Articles of Association and applicable provisions and laws, the Governance structure of Bank Mega consists
               of the General Meeting of Shareholders (GMS), the Board of Commissioners and the Board of Directors. The
               structure and organs of GCG Bank Mega have also been adjusted to the provisions stipulated in POJK No. 55/
               POJK.03/2016 concerning the Implementation of Governance for Commercial Banks.


                                                            MAIN ORGANS


                                                                     AGM


                                                         Board of Commissioners


                                                            Board of Directors




                                                       SUPPORTING ORGANS


                                 Board of Commissioners Committee            Board of Directors Committee


                                 Internal Audit                Compliance                          Risk Management


                            Anti Money Laundering            Corporate Affairs                       Fraud Banking




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                 To improve and maximize the function of the main             c.   Work Units under the Board of Directors:
                 organs of Bank Governance, the following supporting               •  Internal Audit Work Unit
                 organs have been formed:                                          •  Compliance Work Unit
                 1. Supporting     organs    of    the   Board    of               •  Risk Management Work Unit
                     Commissioners:                                                •  Anti Money Laundering (AMLA) Work
                     a. Audit Committee                                               Unit
                     b. Risk Monitoring Committee                                  •  Anti Fraud Strategy Implementation
                     c. Remuneration and Nomination Committee                         Work Unit

                      The formation of the committees under the           As a guideline for the various supporting organs
                      Board of Commissioners is regulated in the          under the Board of Commissioners and the Board
                      Board Manual of the Board of Commissioners          of Directors in carrying out their duties and
                      and is in accordance with the provisions for the    responsibilities, and in order to achieve the expected
                      implementation of general bank governance           goals, Bank Mega has also prepared a number of
                      stipulated in POJK No.17 of 2023.                   policies and procedures that are adjusted to the
                                                                          regulations of the Financial Services Authority
                 2.   Supporting organs of the Board of Directors:        and Bank Indonesia as well as applicable laws and
                      a. Executive Committee under the Board of           regulations. These policies and procedures are then
                         Directors                                        socialized to all employees, directly and also through
                         •   Risk Management Committee                    media that is easily accessible to all employees.
                         •   Asset and Liabilities Committee (ALCO)
                         •   Credit Policy Committee
                         •   Information Technology Committee
                         •   Human Resources Committee
                         •   Product Committee
                         •   Crisis Management Committee
                         •   Credit Committee

                      b.   In the framework of the Mega Corpora
                           Financial Conglomerate, the Bank as the Main
                           Entity has formed the following committees:
                           •   Integrated Risk Management Committee
                           •   Integrated Governance Committee




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               Annual General Meeting
               Of Shareholders


               The General Meeting of Shareholders (GMS) is                   (one twentieth) of the total number of shares
               the highest organ that has rights and authorities              with voting rights;
               that are not possessed by the Board of Directors          3.   Opportunity to grant power of attorney to
               and the Board of Commissioners, within the limits              another party if the shareholder is unable to
               determined in the provisions of laws and regulations.          attend the GMS. The power of attorney form is
               The implementation of the Bank Mega GMS is guided              available on the Bank’s website on the date of
               by POJK No.15/POJK.04/2020 concerning the                      the GMS Invitation;
               Planning and Implementation of General Meetings           4.   Obtaining and studying the GMS materials no
               of Shareholders of Public Companies, POJK No.16/               later than 28 (twenty eight) days before the GMS
               POJK.04/2020 concerning the Implementation                     is held, so that Shareholders can vote at the time
               of General Meetings of Shareholders of Public                  of the GMS agenda decision proposal;
               Companies Electronically, and Bank Mega’s Articles        5.   Opportunity to ask questions in every discussion
               of Association.                                                of the agenda and every decision of the GMS
                                                                              agenda;
               In addition, the GMS is also a medium of                  6.   Opportunity to vote in favor, against, or abstain
               communication between the Board of Directors                   on every proposed resolution of the GMS agenda;
               and the Board of Commissioners with shareholders               and
               through the opportunity for questions and answers         7.   Receive equal treatment from Bank Mega.
               given to all shareholders present at each GMS
               agenda item.                                              In addition, Shareholders also have the authority,
                                                                         including (i) to appoint and dismiss members
               The GMS serves as a forum for Shareholders to make        of the Board of Commissioners and Board of
               decisions and exercise their rights to express opinions   Directors, (ii) to evaluate the performance of the
               and obtain information related to the Bank. Decisions     Board of Commissioners and Board of Directors,
               taken at the GMS are made fairly and transparently        (iii) to temporarily dismiss members of the Board
               based on the interests of the Bank. Shareholders are      of Directors, (iv) to approve changes to the Bank’s
               individuals or legal entities that legally own shares     Articles of Association, (v) to approve the annual
               in the Bank. Shareholders do not intervene in the         report, (vi) to approve the remuneration of the Board
               functions, duties, and authorities of the Board of        of Commissioners and Board of Directors, and (vii)
               Commissioners and the Board of Directors. As of           to approve the proposed allocation of the use of the
               December 31, 20234, the composition of Bank Mega          Bank’s profits including the distribution of dividends.
               Shareholders is as follows:                               The Bank’s Articles of Association regulate in
               1. PT Mega Corpora (58.02%)                               detail the rights, authorities, and responsibilities
               2. Public with share ownership < 5% (41.98%).             of Shareholders and can be accessed through the
                                                                         Bank’s website.
               Rights, Authorities and Responsibilities of
               Shareholders                                              Authority of the GMS
               Based on the Bank’s Articles of Association, the          RThe GMS has authority that is not given to the
               Bank’s Shareholders consist of class A and class B        Board of Directors or the Board of Commissioners,
               which have equal rights, namely each share has the        within the limits specified in Law No. 40 of 2007
               right to 1 (one) vote. The rights held by Shareholders    concerning Limited Liability Companies and/or the
               include, among others, the following:                     Bank’s Articles of Association.
               1. Attending the GMS and casting 1 (one) vote;
               2. Opportunity to propose the GMS agenda                  The authority of the GMS includes:
                   and candidates for members of the Board of            1. Evaluating the performance of the Board of
                   Commissioners and Board of Directors by 1 (one)           Commissioners and the Board of Directors;
                   or more shareholders representing at least 1/20



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                 2.   Ratifying changes to the Articles of Association;                  on the use of profits, appointing members of the
                 3.   Approving the Board of Directors’ Report, the                      Board of Directors or members of the Board of
                      Board of Commissioners’ Supervisory Task                           Commissioners, and deciding on other matters
                      Report and the Company’s Financial Report;                         required in accordance with the Bank’s Articles
                 4.   Determining the allocation of profit use;                          of Association.
                 5.   Appointing and determining the cost of public
                      accountant services;                                          2.   Extraordinary GMS
                 6.   Determining the amount and type of                                 The implementation of an Extraordinary
                      compensation and facilities for management;                        GMS can be held at any time by the Board
                 7.   Approving the Annual Report including the                          of Directors, upon written request from the
                      Company’s Financial Report and the Company’s                       Board of Commissioners or 1 (one) or more
                      Board of Commissioners’ Supervisory Task                           shareholders who together represent 1/10 (one
                      Report and providing settlement and release.                       tenth) of the total shares with valid voting rights.
                                                                                         An Extraordinary GMS can be held at any time
                 Based on POJK on the implementation of GMS and                          with reasons and meeting the requirements set
                 in accordance with the Amendment to Bank Mega’s                         out in the Bank’s Articles of Association.
                 Articles of Association, there are 2 (two) types of
                 GMS:                                                               Implementation and Results of Bank Mega
                                                                                    2024 GMS
                 1.   Annual GMS                                                    In 2024, Bank Mega held an AGMS on March 1, 2024,
                      This GMS is held no later than 6 (six) months after           which was held physically at the Bank Mega Tower
                      the end of the financial year. The main agenda                and also electronically. All participants who attended
                      of the Annual GMS consists of the submission                  the AGMS physically or via e-AGMS were able to
                      of Financial Statements and Annual Reports                    attend the meeting and actively participate. The
                      by the Board of Directors to be ratified and                  results of the AGMS decisions have been reported
                      approved by Shareholders, appointing a Public                 to the OJK and announced on the Bank’s website
                      Accounting Firm for the following year, deciding              (www.bankmega.com), the IDX website (www.idx.
                                                                                    co.id), and the KSEI website (www.ksei.co.id).

                 Information on AGMS 1 March 2024


                   Day, Date and Time                    Friday, March 01, 2024

                   Venue                                 Mega Auditorium, Menara Bank Mega 3rd Floor,
                                                         Jl. Kapten Tendean Nomor 12-14A,
                                                         South Jakarta 12790

                   Meeting Mechanism                     Physical and electronic meetings with the KSEI Electronic General Meeting System
                                                         application (eASY.KSEI)

                   Directors of the Company at the       Rapat tersebut dihadiri oleh Dewan Komisaris dan Direksi Perseroan sebagai berikut:
                   Meeting
                                                         Board of Commissioners
                                                         1. Deputy President Commissioner : Yungky Setiawan
                                                         2. Independent Commissioner      : Drs. Achjadi Ranuwisastra
                                                         3. Independent Commissioner      : Lambock V. Nahattands
                                                         4. Independent Commissioner      : Hizbullah

                                                         Board of Directors
                                                         1. President Director             : Kostaman Thayib
                                                         2. Deputy President Director      : Erni (Indivara Erni)
                                                         3. Deputy President Director      : Lay Diza Larentie, SH
                                                         4. Director                       : Yuni Lastianto.SE
                                                         5. Director                       : Madi Darmadi Lazuardi
                                                         6. Director                       : Martin Mulwanto
                                                         7. Director                       : Ir.C. Guntur Triyudianto
                                                         8. Director                       : YB Hariantono

                   Quorum of Attendance of               The Meeting was attended by Shareholders and/or their proxies/representatives, either
                   Shareholders for the Meeting          physically or through the eASY.KSEI application, representing 11,437,809,709 shares or
                                                         97.42% of the total number of shares with valid voting rights issued by the Company up to
                                                         the day of the Meeting, which amounted to 11,740,923,365 shares.

                   Decision-Making Mechanism             Decisions were made based on votes physically present and electronically through the
                                                         eASY.KSEI application. Meeting decisions were made through voting, namely by taking into
                                                         account physical votes and electronic votes through the eASY.KSEI application.




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                                                                                                                                     Tanggal
                                                                  Activities
                                                                                                                                   Pelaksanaan
                Notification of the Plan and Agenda of the AGMS to the Regulator                                                 15 January 2024

                Announcement of the AGMS                                                                                         23 January 2024

                Recording Date List of Shareholders entitled to attend the AGMS                                                  6 February 2024

                Invitation including explanation of each agenda item of the AGMS                                                 7 February 2024

                The Holding of the AGMS                                                                                            1 March 2024

                Summary of the Minutes of the AGMS                                                                                 5 March 2024

                Deed of Minutes of the AGMS                                                                                        4 March 2024

                Voting and Counting Mechanism                                                                                      1 March 2024

                Independent Party Voting Counter                                                                                   1 March 2024




               Details of the AGMS Decisions 1 March 2024


                Agenda 1                  Approval and ratification of the Company’s Annual Report for the financial year ending on 31 December
                                          2023, consisting of:
                                          a. Report of the Company’s Management;
                                          b. Financial Report of the Company;
                                          c. Supervisory Report of the Company’s Board of Commissioners.

                Vote Count Results        Total Votes Agree: 11,437,809,709 Shares
                                                      In Favour                             Against                          Abstain*
                                                11,437,809,709 Shares                         NIL                               NIL

                AGMS Decision             1. Accept and approve the Annual Report of the Board of Directors regarding the Management of the
                                             Company during the 2023 financial year, and the Supervisory Report of the Board of Commissioners
                                             for the financial year ending on December 31, 2023;
                                          2. Accept and ratify the Financial Report for the 2023 Financial Year including the Balance Sheet and
                                             Profit and Loss calculation audited by the Public Accounting Firm Amir Abadi Jusuf, Aryanto, Mawar
                                             & Rekan with its Report number 00010/2.1030/AU.1/07/1298-1/1/I/2024 dated January 26, 2024; and
                                          3. Provide full release and discharge of responsibility to the members of the Board of Directors and
                                             Board of Commissioners for the management and supervision carried out during the 2023 financial
                                             year as long as these actions are reflected in the Financial Report.

                Realization               It has been realized in 2024



                Agenda 2                  Determination of the use of net profit for the financial year ending on December 31, 2023.

                Vote Count Results        Total Votes Agree: 11,437,809,709 Shares
                                                      In Favour                             Against                          Abstain*
                                                11,437,809,709 Shares                         NIL                               NIL

                AGMS Decision             1. Determine the entire net profit of the Company for the 2023 financial year, which is
                                             IDR3,510,670,054,189,- (three trillion five hundred ten billion six hundred seventy million fifty four
                                             thousand one hundred eighty nine Rupiah) to be used as follows:
                                             a. IDR 70,054,189,- (seventy million fifty four thousand one hundred eighty nine Rupiah) is set aside
                                                 as a reserve fund to fulfill the provisions of Article 70 of the UUPT;
                                             b. IDR 2,457,420,000,000,- (two trillion four hundred fifty seven billion four hundred twenty million
                                                 Rupiah) will be distributed to shareholders as cash dividends; and
                                             c. the remaining IDR 1,053,180,000,000,- (one trillion fifty three billion one hundred eighty million
                                                 Rupiah) will be recorded as retained earnings.
                                          2. Approve the distribution of cash dividends with the following provisions:
                                             a. The procedure and schedule for the distribution of cash dividends will be determined later;
                                             b. Payment of the cash dividends will be subject to tax deductions in accordance with applicable tax
                                                 regulations.
                                          3. Approve the granting of power and authority to the Board of Directors to regulate the procedure and
                                             schedule for the payment of cash dividends and to announce them in accordance with the provisions
                                             of applicable laws and regulations.

                Realization               It has been realized in 2024




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                   Agenda 3                Board of Directors Report on the Company’s 2024 Business Plan and the Sustainable Financial Action
                                           Plan Report.

                   AGMS Decision           For the Third Meeting agenda, no decision was taken at the Meeting because it was only to be
                                           communicated to shareholders regarding the Company’s 2024 Business Plan and the Sustainable
                                           Financial Action Plan Report.

                   Realization             It has been realized in 2024



                   Agenda 4                Appointment of Public Accounting Firm to conduct an audit of the Company’s Financial Statements for
                                           the 2024 Fiscal Year.

                   Vote Count Results      Total Votes Agree: 11,437,809,709 Shares
                                                         In Favour                          Against                            Abstain*
                                                    11,437,809,709 Shares                      NIL                               NIL

                   AGMS Decision           Granting authority and power to the Board of Commissioners to appoint a Public Accounting Firm
                                           registered with the Financial Services Authority, which will conduct an audit of the Company’s finances
                                           for the 2024 financial year by taking into account the recommendations of the Audit Committee to
                                           obtain an auditor with the best quality and price.

                   Realization             It has been realized in 2024




                   Agenda 5                Changes to the Company’s Management Composition

                   Vote Count Results      Total Votes Agree: 11,437,809,709 Shares
                                                         In Favour                          Against                            Abstain*
                                                    11,437,809,709 Shares                      NIL                               NIL

                   AGMS Decision           1.   Accept the resignation of Mr. Yungky Setiawan as Deputy President Commissioner of the Company.
                                                With the above decision, the composition of the Company’s Board of Commissioners is as follows:

                                                •   President Commissioner   : Chairul Tanjung
                                                •   Independent Commissioner : Achjadi Ranuwisastra
                                                •   Independent Commissioner : Lambock V. Nahattands
                                                •   Independent Commissioner : Hizbullah

                                           2. Reappoint the members of the Company’s Board of Directors with the following composition:
                                              • President Director         : Kostaman Thayib
                                              • Deputy President Director : Indivara Erni
                                              • Deputy President Director : Lay Diza Larentie
                                              • Direktur                   : Yuni Lastianto
                                              • Direktur                   : Madi Darmadi Lazuardi
                                              • Direktur                   : Martin Mulwanto
                                              • Direktur                   : C. Guntur Triyudianto
                                              • Direktur                   : YB Hariantono

                                                The reappointment is effective from the time this Meeting is closed until the Annual General Meeting
                                                of Shareholders held in 2029 (two thousand twenty nine), without prejudice to the rights of the
                                                General Meeting of Shareholders to dismiss them at any time.

                                           3. Approve the granting of power of attorney to the Company’s Board of Directors to state the decisions
                                              of this Meeting in a notarial deed and report changes to the composition of the members of the Board
                                              of Commissioners and the reappointment of all members of the Company’s Board of Directors to the
                                              authorized agency.

                   Realization             It has been realized in 2024




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                Agenda 6              Determination of honorarium and other allowances for the Board of Commissioners and Board of
                                      Directors for 2024, as well as Division of Duties and Authorities of the Board of Directors.

                Vote Count Results    Total Votes Agree: 11,437,809,709 Shares
                                                  In Favour                            Against                            Abstain*
                                            11,437,809,709 Shares                        NIL                                 NIL

                AGMS Decision         1. Determine the honorarium budget for all members of the Board of Commissioners of IDR
                                         1,115,000,000,- (one billion one hundred and fifteen million Rupiah) per month, taxes borne by the
                                         Company, and grant power and authority to the Company’s Board of Commissioners to determine its
                                         distribution and other allowances for each member of the Board of Commissioners, which is valid until
                                         decided otherwise in the next Annual General Meeting of Shareholders.
                                      2. Approve the granting of power and authority to the Board of Commissioners for and on behalf of the
                                         Meeting to determine the salary and other allowances for each member of the Company’s Board of
                                         Directors.

                Realization           It has been realized in 2024



                Agenda 7              Approval of the Company’s Recovery Plan Update.

                Vote Count Results    Total Votes Agree: 11,437,809,709 Shares
                                                  In Favour                            Against                            Abstain*
                                            11,437,809,709 Shares                        NIL                                 NIL

                AGMS Decision         1. Approve the Update of the Company’s Recovery Plan which has been prepared in the Recovery Plan
                                         Document for the 2023 Period and submitted by the Company to the OJK in order to comply with
                                         the provisions of POJK Number 14/POJK.03/2017, including changes to the Company’s trigger level
                                         or Minimum Reserves.
                                      2. Approve to grant power and authority to the Company’s Board of Directors to implement one or
                                         several options in the update of the Company’s Recovery Plan by first obtaining approval from the
                                         Board of Commissioners, including in the event of an urgent situation and condition, where the
                                         Company’s Board of Directors must implement one or several options in the update of the Company’s
                                         Recovery Plan which requires the approval of the General Meeting of Shareholders, on the condition
                                         that the provisions of laws and regulations in the Capital Market sector are still observed considering
                                         that the Company is a Public Company.
                                      3. Declare that the granting of power and authority is effective from the time the proposal submitted in
                                         this event is received and approved by this Meeting.

                Realization           It has been realized in 2024




               Details of the AGMS Decisions 7 February 2023


                Agenda 1              Approval and ratification of the Company’s Annual Report for the financial year ending December 31,
                                      2022, consisting of:
                                      a. Report of the Company’s Management;
                                      b. Financial Report of the Company;
                                      c. Supervisory Report of the Company’s Board of Commissioners

                Vote Count Results    Total Votes Agree: 11.437.176.871 Shares
                                                  In Favour                            Against                            Abstain*
                                            10,957,821,424 Shares                        NIL                         479,355,447 Shares

                AGMS Decision         1. Accept and approve the Annual Report of the Board of Directors regarding the Management of the
                                         Company during the 2022 financial year, and the Supervisory Report of the Board of Commissioners
                                         for the financial year ending on December 31, 2022;
                                      2. Accept and ratify the Financial Report for the 2022 Financial Year including the Balance Sheet and
                                         Profit and Loss calculation audited by the Public Accounting Firm Kosasih, Nurdiyama, Mulyadi, Tjahjo
                                         & Rekan with its Report number 00023/2.1051/AU.1/07/1671-2/1/I/2023 dated January 27, 2023; and
                                      3. Provide full release and discharge of responsibility to the members of the Board of Directors and
                                         Board of Commissioners for the management and supervision carried out during the 2022 financial
                                         year as long as these actions are reflected in the Financial Report.

                Realization           It has been stated in the Deed of Minutes of the GMS No. 7 dated February 24, 2023 before Dharma
                                      Akhyuzi S.H., Notary in Jakarta and has been implemented.




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                   Agenda 2                Determination of the use of net profit for the financial year ending December 31, 2022.

                   Vote Count Results      Total Votes Agree: 11.437.176.871 Shares
                                                       In Favour                            Against                            Abstain*
                                                  10,957,821,424 Shares                       NIL                         479,355,447 Shares

                   AGMS Decision           1. Determine that the entire net profit of the Company for the 2022 financial year, amounting to IDR
                                              4,052,677,661,471 (four trillion fifty-two billion six hundred seventy-seven million six hundred sixty-
                                              one thousand four hundred seventy-one Rupiah) will be used as follows:
                                              a. IDR 77,661,471 (seventy-seven million six hundred sixty-one thousand four hundred seventy-one
                                                 Rupiah) will be set aside as a reserve fund to fulfill the provisions of Article 70 of the UUPT;
                                              b. IDR 2,836,820,000,000 (two trillion eight hundred thirty-six billion eight hundred twenty million
                                                 Rupiah) will be distributed to shareholders as cash dividends; and
                                              c. the remaining IDR 1,215,780,000,000 (one trillion two hundred fifteen billion seven hundred eighty
                                                 million Rupiah) will be recorded as retained earnings.
                                           2. Approve the distribution of cash dividends with the following provisions:
                                              a. The procedure and schedule for the distribution of cash dividends will be determined later;
                                              b. Payment of cash dividends will be subject to tax deductions in accordance with applicable tax
                                                 regulations.
                                           3. Approve the granting of power and authority to the Board of Directors to regulate the procedure and
                                              schedule for the payment of cash dividends and to announce them in accordance with applicable
                                              laws and regulations.

                   Realization             It has been stated in the Deed of Minutes of the GMS No. 7 dated February 24, 2023 before Dharma
                                           Akhyuzi S.H., Notary in Jakarta and has been implemented.




                   Agenda 3                Board of Directors’ Report on the Company’s 2023 Business Plan and Sustainable Finance Action Plan
                                           Report.

                   AGMS Decision           For the Third Meeting agenda, no decision was taken at the Meeting because its nature was only to
                                           be communicated to shareholders regarding the Company’s 2023 Business Plan and the Sustainable
                                           Financial Action Plan Report.

                   Realization             It has been stated in the Deed of Minutes of the GMS No. 7 dated February 24, 2023 before Dharma
                                           Akhyuzi S.H., Notary in Jakarta and has been implemented.



                   Agenda 4                Appointment of a Public Accounting Firm to conduct an audit of the Company’s Financial Report for the
                                           2023 Financial Year.

                   Vote Count Results      Total Votes Agree: 11.437.176.871 Shares
                                                       In Favour                            Against                            Abstain*
                                                  10,957,821,424 Shares                       NIL                         479,355,447 Shares

                   AGMS Decision           Granting authority and power to the Board of Commissioners to appoint a Public Accounting Firm
                                           registered with the Financial Services Authority, which will conduct an audit of the Company’s finances
                                           for the 2023 financial year by considering the recommendations of the Audit Committee to obtain an
                                           auditor with the best quality and price.

                   Realization             It has been stated in the Deed of Minutes of the GMS No. 7 dated February 24, 2023 before Dharma
                                           Akhyuzi S.H., Notary in Jakarta and has been implemented.




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                                                                         Governance




                Agenda 5              Changes to the Company’s Management Composition

                Vote Count Results    Total Votes Agree: 11.437.176.871 Shares
                                                    In Favour                           Against                           Abstain*
                                              10,957,821,424 Shares                       NIL                        479,355,447 Shares

                AGMS Decision         1.   Appointing Mrs. Indivara Erni and Mrs. Lay Diza Larentie, respectively as Deputy President Director;
                                           Mr. YB Hariantono as Director of the Company, with the provision that the appointment of Mrs.
                                           Indivara Erni and Mrs. Diza Larentie as Deputy President Director, and Mr. YB Hariantono as Director
                                           is effective from the time the person concerned has obtained approval from the Financial Services
                                           Authority for the Fit and Proper Test and complies with applicable laws and regulations, with a term
                                           of office until the Annual General Meeting of Shareholders held in 2024 without reducing the right of
                                           the General Meeting of Shareholders to dismiss at any time.

                                           With the above decision, the composition of the Company’s Board of Directors is as follows:
                                           • President Director              : Kostaman Thayib
                                           • Deputy President Director       : Indivara Erni
                                           • Deputy President Director       : Lay Diza Larentie
                                           • Direktur                        : Yuni Lastianto
                                           • Direktur                        : Madi Lazuardi
                                           • Direktur                        : Martin Mulwanto
                                           • Direktur                        : C. Guntur Triyudianto
                                           • Direktur                        : YB Hariantono

                                      2. Appoint Mr. Hizbullah as Independent Commissioner of the Company, with the provision that the
                                         appointment of Mr. Hizbullah as Independent Commissioner is effective from the time the person
                                         concerned has obtained approval from the Financial Services Authority for the Fit and Proper Test and
                                         complies with applicable laws and regulations, with a term of office until the Annual General Meeting
                                         of Shareholders held in 2027 without reducing the right of the General Meeting of Shareholders to
                                         dismiss at any time.

                                           With the above decision, the composition of the Company’s Board of Commissioners is as follows:
                                           • President Commissioner          : Chairul Tanjung
                                           • Deputy President Commissioner : Yungky Setiawan
                                           • Independent Commissioner        : Achjadi Ranuwisastra
                                           • Independent Commissioner        : Lambock V. Nahattands
                                           • Independent Commissioner        : Hizbullah

                                      3. Approve the granting of power of attorney to the Company’s Board of Directors to state the decisions
                                         of this Meeting in a notarial deed and report changes in the composition of the members of the
                                         Company’s Board of Directors and Board of Commissioners to the authorized agency.

                Realization           It has been stated in the Deed of Minutes of the GMS No. 7 dated February 24, 2023 before Dharma
                                      Akhyuzi S.H., Notary in Jakarta and has been implemented.



                Agenda 6              Determination of honorarium and other allowances for the Board of Commissioners and Board of
                                      Directors for 2023, as well as Division of Duties and Authorities of the Board of Directors.

                Vote Count Results    Total Votes Agree: 11.437.176.871 Shares
                                                    In Favour                           Against                           Abstain*
                                              10,957,821,424 Shares                       NIL                        479,355,447 Shares

                AGMS Decision         1. Determine the honorarium budget for all members of the Board of Commissioners at IDR
                                         1,510,000,000,- (one billion five hundred and ten million Rupiah) per month, taxes borne by the
                                         Company, and grant power and authority to the Company’s Board of Commissioners to determine its
                                         distribution and other allowances for each member of the Board of Commissioners, which is valid until
                                         decided otherwise in the next Annual General Meeting of Shareholders.
                                      2. Approve the granting of power and authority to the Board of Commissioners for and on behalf of the
                                         Meeting to determine the salary and other allowances for each member of the Company’s Board of
                                         Directors.

                Realization           It has been stated in the Deed of Minutes of the GMS No. 7 dated February 24, 2023 before Dharma
                                      Akhyuzi S.H., Notary in Jakarta and has been implemented.




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                   Agenda 7                 Approval of the Company’s Recovery Plan Update.

                   Vote Count Results       Total Votes Agree: 11.437.176.871 Shares
                                                         In Favour                            Against                             Abstain*
                                                   10,957,821,424 Shares                        NIL                         479,355,447 Shares

                   AGMS Decision            1. Approve the Update of the Company’s Recovery Plan which has been prepared in the Recovery Plan
                                               Document for the 2023 Period and submitted by the Company to the OJK in order to comply with the
                                               provisions of POJK Number 14/POJK.03/2017, including changes to the trigger level of the Company’s
                                               Minimum Reserves indicator.
                                            2. Approve to grant power and authority to the Company’s Board of Directors to implement one or
                                               several options in the update of the Company’s Recovery Plan by first obtaining approval from the
                                               Board of Commissioners, including in the event of an urgent situation and condition, where the
                                               Company’s Board of Directors must implement one or several options in the update of the Company’s
                                               Recovery Plan which requires the approval of the General Meeting of Shareholders, on the condition
                                               that the provisions of laws and regulations in the Capital Market sector are still observed considering
                                               that the Company is a Public Company.
                                            3. Declare that the granting of power and authority is effective as of the date the proposal submitted in
                                               this event is received and approved by this Meeting.

                   Realization              It has been stated in the Deed of Minutes of the GMS No. 7 dated February 24, 2023 before Dharma
                                            Akhyuzi S.H., Notary in Jakarta and has been implemented.




                   Agenda 8                 Approval of Submission of Company Resolution Plan Documents

                   Vote Count Results       Total Votes Agree: 11.437.176.871 Shares
                                                         In Favour                            Against                             Abstain*
                                                   10,957,821,424 Shares                        NIL                         479,355,447 Shares

                   AGMS Decision            1. Approve the Resolution Plan Analysis Report for the 2022 Period of the Company which has been
                                               submitted to the Deposit Insurance Corporation in order to comply with the provisions of the Deposit
                                               Insurance Corporation Regulation Number 1 of 2021 concerning the Resolution Plan for Commercial
                                               Banks.
                                            2. Approve to grant power and authority to the Company’s Board of Directors to implement one or
                                               several options in the Company’s Resolution Plan by first obtaining approval from the Board of
                                               Commissioners, including in the event of an urgent situation and condition, where the Company’s
                                               Board of Directors must implement one or several Resolution options in the Company’s Resolution
                                               Plan that require the approval of the General Meeting of Shareholders, on the condition that the
                                               provisions of laws and regulations in the Capital Market sector are still observed considering that the
                                               Company is a Public Company.

                                            3. Declare that the granting of power and authority is effective as of the date the proposal submitted in
                                               this event is received and approved by this Meeting.

                   Realization              It has been stated in the Deed of Minutes of the GMS No. 7 dated February 24, 2023 before Dharma
                                            Akhyuzi S.H., Notary in Jakarta and has been implemented.




                   Agenda 9                 Amendment to the Company’s Articles of Association.

                   Vote Count Results       Total Votes Agree: 11.437.176.871 Shares
                                                         In Favour                            Against                             Abstain*
                                                   10,957,821,424 Shares                        NIL                         479,355,447 Shares

                   AGMS Decision            1. Approve the changes and readjustments to the Company’s Articles of Association, in order to comply
                                               with the provisions of applicable laws and regulations.
                                            2. Approve the granting of power and authority to the Company’s Board of Directors to make changes
                                               to the provisions of the Articles of Association in accordance with the decisions of the Meeting, to
                                               state the decisions of this meeting in a notarial deed including to re-arrange all provisions of the
                                               articles of association in one notarial deed if necessary, and to take care of the approval and reporting
                                               of changes to the articles of association to the Minister of Law and Human Rights of the Republic
                                               of Indonesia and take every action necessary to implement the changes to the provisions of the
                                               Company’s articles of association.

                   Realization              It has been stated in the Deed of Minutes of the GMS No. 7 dated February 24, 2023 before Dharma
                                            Akhyuzi S.H., Notary in Jakarta and has been implemented.

                 * In accordance with the provisions of the Financial Services Authority Regulation Number 15/POJK.04/2020 concerning the
                   Planning and Implementation of General Meetings of Shareholders of Public Companies and the Company’s Articles of Association,
                   Shareholders with valid voting rights who are present at the Meeting but do not cast a vote (abstain) are deemed to have cast the
                   same vote as the majority of Shareholders who cast votes. Therefore, according to the calculation of the system of PT Kustodian
                   Sentral Efek Indonesia and the Securities Administration Bureau, the number of Abstain votes is added to the Agree votes.




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                                                                       Corporate
                                                                       Governance




               Board of
               Commissioners


               The Board of Commissioners is a key governing body               The legal basis for formulating the Board of
               within Bank Mega’s GCG structure, responsible for                Commissioners Charter includes:
               overseeing the Bank’s management by the Board                    1. Law of the Republic of Indonesia No. 40 of 2007
               of Directors. This supervisory role is exercised by                 concerning Limited Liability Companies
               providing guidance and recommendations to the                    2. OJK Regulations and OJK Circulars regarding
               Board of Directors in accordance with applicable laws,              the implementation and organs of Corporate
               regulations, and the Bank’s Articles of Association.                Governance
                                                                                3. Bank Articles of Association
               Legal Basis                                                      4. General Guidelines for GCG Indonesia from
               Bank Mega formed the Board of Commissioners and                     the National Committee for Governance Policy
               appointed members of the Board of Commissioners                     (KNKG), and
               by referring to several legal bases and provisions,              5. ASEAN Corporate Governance Scorecard
               including:
               1. Law No. 40 of 2007 concerning Limited Liability               In 204, Bank Mega updated and renewed the
                   Companies.                                                   contents of the Board Manual to comply with POJK
               2. Financial Services Authority Regulation No.                   No. 17 of 2023 concerning the Implementation of
                   33/POJK.04/2014 concerning the Board of                      Governance for Commercial Banks and is stated
                   Directors and Board of Commissioners of                      in the Decree of the Board of Directors No. 042/
                   Issuers or Public Companies, Financial Services              DIRBM/24 dated May 6, 2024 concerning the Board
                   Authority Regulation No. 55/POJK.03/2016                     Manual. The update of the Board of Commissioners
                   dated December 7, 2016 concerning the                        Board Manual regulates various matters, including:
                   Implementation of Governance for Commercial
                   Banks.                                                       Structure, Number and Composition of the
               3. Financial Services Authority Regulation No. 17 of             Board of Commissioners
                   2023 dated December 14, 2023 concerning the                  1.   The Board of Commissioners of Bank Mega is led
                   Implementation of Governance for Commercial                       by the President Commissioner.
                   Banks.                                                       2.   3 (three) out of 4 (four) people or 75% (Seventy
               4. Deed of Statement of GMS Resolutions No.                           five percent) of the members of the Board of
                   02 dated March 4, 2024                                            Commissioners of Bank Mega are Independent
                                                                                     Commissioners.
               Board of          Commissioners      Charter     (Board          3.   The appointment and/or replacement of members
               Manual)                                                               of the Board of Commissioners of Bank Mega has
               Bank Mega has established a Board of Commissioners                    taken into account the recommendations of the
               Guidelines and Rules of Procedure (Board Manual) to                   Nomination and Remuneration Committee and
               serve as a framework for the Board of Commissioners                   obtained approval from the GMS and OJK.
               in fulfilling its functions, duties, and responsibilities.       4.   All members of the Board of Commissioners of
                                                                                     Bank Mega have passed the Fit and Proper Test.




                No.                 Name                           Position                                Term of Office
                  1    Chairul Tanjung                 President Commissioner              25 February 2022 to RUPS 2027

                  2    Achjadi Ranuwisastra            Independent Commissioner            25 February 2022 to RUPS 2027

                  3    Lambock V.Nahattands            Independent Commissioner            25 February 2022 to RUPS 2027

                 4     Hizbullah                       Independent Commissioner            24 February 2023 to RUPS 2027




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                 Independence of the Board of Commissioners
                 Referring to the Board Manual of the Board of Commissioners, the majority of members of the Board of
                 Commissioners do not have family relationships up to the second degree with fellow members of the Board
                 of Commissioners and/or members of the Board of Directors. Former members of the Board of Directors or
                 Executive Officers of the Bank, or parties who have relationships with the Bank that can affect the ability of the
                 person concerned to act independently, are required to undergo a cooling off period of at least 1 (one) year
                 before becoming an Independent Commissioner at the Bank. This provision does not apply to former members
                 of the Board of Directors who are in charge of the supervisory function or Executive Officers who are in charge
                 of the supervisory function at the Bank.

                 All members of the Board of Commissioners make a Statement of Independence which is valid according to
                 the period or term of office as determined in the GMS. All members of the Board of Commissioners also make
                 a Statement of Not Utilizing the Bank for personal gain which is valid according to the period or term of office
                 as determined in the GMS.

                 Fit and Proper Test
                 Prospective members of the Board of Commissioners are required to take the Fit and Proper Test and obtain
                 approval from the OJK before carrying out their actions, duties and functions as members of the Board of
                 Commissioners. This is regulated by OJK Regulation NO.27/POJK.03/2016 concerning the Fit and Proper
                 Assessment for Main Parties of Financial Services Institutions. Members of the Bank’s Board of Commissioners
                 must have adequate integrity, competence and financial reputation.


                                                                     Legal Basis for
                  No.       Name         Position     Organizer                                  BI/OJK Approval            Reappointment
                                                                      Appointment

                    1   Chairul        President      OJK         RUPSLB No. 21 dated      No. SR-106/PB.12/2018        RUPST No.09
                        Tanjung        Commissioner               15 Nov 2017              dated 31 May 2018            dated 25 Feb 2022

                    2   Achjadi        Independent    BI          RUPST No. 33             No. 6/38/DGS/DPIP/Rahasia    RUPST No.09
                        Ranuwisastra   Commissioner               dated 27 Feb 2004        dated 18 May 2004.           dated 25 Feb 2022

                    3   Lambock V.     Independent    OJK         RUPSLB No. 7             No. SR-220/D.03/2015         RUPST No.09
                        Nahattands     Commissioner               dated 7 May 2015         dated 27 November 2015       dated 25 Feb 2022

                    4   Hizbullah      Independent    OJK         RUPST No. 07             No. SR-127/PB.02/2023        -
                                       Commissioner               24 Feb 2023              dated 25 July 2023


                 Duties, Responsibilities, and Authorities of the                    5.   Ensuring that the Board of Directors has followed
                 Board of Commissioners                                                   up on Audit findings and recommendations from
                 The Board Manual of the Board of Commissioners of                        the Internal Audit Work Unit, external auditors,
                 Bank Mega regulates the duties and responsibilities of                   the results of supervision by the Financial
                 the Board of Commissioners, including the following:                     Services Authority, Bank Indonesia and/or the
                 1. Directing, monitoring and evaluating the Bank›s                       results of supervision by other authorities.
                     strategic policies to be in accordance with the                 6.   Evaluating the implementation of the Bank›s
                     Bank›s objectives by taking into account the                         compliance function at least 2 (two) times a year
                     provisions and regulations applicable to the                         by providing suggestions in order to improve
                     banking industry.                                                    the quality of the implementation of the Bank›s
                 2. Ensuring that the Board of Directors has                              compliance function to the President Director
                     implemented the principle of prudence in the                         with a copy to the Director in charge of the
                     Bank›s business activities.                                          compliance function.
                 3. Ensuring that the implementation of Good                         7.   Cultivate a culture of compliance and anti-fraud
                     Governance Principles is carried out in every                        culture throughout the organization.
                     Bank›s business activity at all levels or levels of
                     the organization.                                               Wewenang Dewan Komisaris
                 4. Ensuring that the implementation of risk                         1.   Examine all books, letters, and other evidence
                     management is adequate in accordance with the                   2.   Checking and matching the state of cash,
                     Risk Management Policy and Risk Management                           securities, and others.
                     Strategy.                                                       3.   Knowing all actions that have been carried out
                                                                                          by the Board of Directors.




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                                                                                         Corporate
                                                                                         Governance




               4.  Entering buildings and yards or other places                                     12. Appoint one of the Directors to carry out the
                   used or controlled by the Bank.                                                      work of the vacant Director with due observance
               5. Request the Board of Directors and/or other                                           of the applicable provisions.
                   officials to provide explanations on all matters                                 13. Hold a GMS no later than 90 (ninety) days after the
                   relating to the management of the Bank.                                              temporary dismissal which will decide whether
               6. Request the Board of Directors and/or other                                           the Directors concerned will be permanently
                   officials under the Board of Directors with the                                      dismissed or returned to their original position.
                   knowledge of the Board of Directors to attend                                        The temporarily dismissed Directors shall be
                   Board of Commissioners meetings.                                                     given the opportunity to be present to defend
               7. Attend Board of Directors meetings and provide                                        themselves.
                   views on matters discussed.                                                      14. If the GMS is unable to make a decision or is
               8. Set limits on the value of legal actions of the                                       not held within a period of no later than 90
                   Board of Directors that require written approval                                     (ninety) days after the temporary dismissal, the
                   from the Board of Commissioners.                                                     temporary dismissal shall be null and void, and
               9. Ruling on proposed legal actions of the Board of                                      the person concerned shall be entitled to resume
                   Directors that require the approval of the Board                                     his/her position.
                   of Commissioners.
               10. Provide written responses to provide opinions                                    Board of Commissioners Meeting
                   and suggestions to the GMS on the proposed                                       Board of Commissioners Meetings are regulated in
                   legal actions to be carried out by the Board of                                  the Board Manual of the Board of Commissioners,
                   Directors which will be submitted to the GMS for                                 namely held periodically, at least 1 (one) time in 2
                   approval.                                                                        (two) months or more if deemed necessary by the
               11. The Board of Commissioners, through a meeting                                    Board of Commissioners. The meeting is held if
                   of the Board of Commissioners, by majority vote,                                 attended by the majority of members of the Board of
                   has the right to temporarily dismiss one or more                                 Commissioners (more than 50% of the total number
                   members of the Board of Directors from office                                    of members of the Board of Commissioners). Each
                   if the member of the Board of Directors acts                                     member of the Board of Commissioners is required
                   contrary to the Articles of Association and/or the                               to physically attend the Board of Commissioners
                   prevailing laws and regulations. Such dismissal                                  meeting at least 2 (two) times a year.
                   must be notified to the person concerned along
                   with the reasons.




               Table of Board of Commissioners Meetings and Attendance Level of Each Member of the Board of Commissioners

                                                                                          Joint Meeting of the Board of
                                               Board of Commissioners Meeting             Commissioners and Board of                            GMS
                                                                                                   Directors
                 No            Name
                                                                            Average                                  Average                                Average
                                               Attendance     Attendance                Attendance     Attendance                Attendance   Attendance
                                                                           Attendance                               Attendance                             Attendance
                                               Frequency         Rate                   Frequency         Rate                   Frequency       Rate
                                                                              Rate                                     Rate                                   Rate

                    1       Chairul
                                                     7           100%                          33         97%                          1/1      100%
                            Tanjung

                    2       Achjadi
                                                     7           100%                          33         97%                          1/1      100%
                            Ranuwisastra                                     100%                                     90.5%                                  100%
                    3       Lambock V.
                                                     7           100%                          25         74%                          1/1      100%
                            Nahattands

                    4       Hizbullah                7           100%                          32         94%                          1/1      100%



               Table of Board of Commissioners Meeting Agenda
                    No.                 Date                  Commissioners Present                                           Agenda
                        1     05 February 2024           1.    Chairul Tanjung            1. Bank Mega Performance in 2023.
                                                         2.    Achjadi Ranuwisastra       2. Bank Mega Work Plan & Policy Direction in 2024.
                                                         3.    Lambock V. Nahattands      3. Preparation of Bank Mega AGM for Fiscal Year 2023
                                                         4.    Hizbullah                  4. Changes in the Composition of the Remuneration & Nomination
                                                                                             Committee.
                                                                                          5. Self Assessment of the Board of Commissioners in 2023.




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                    No.               Date               Commissioners Present                                    Agenda

                         2     04 March 2024        1.    Chairul Tanjung          1. Determination of Honorarium & Allowances for Members of the
                                                    2.    Achjadi Ranuwisastra        Board of Commissioners.
                                                    3.    Lambock V. Nahattands    2. Determination of Duties of Members of the Board of Directors.
                                                    4.    Hizbullah                3. Determination of Salaries & Allowances for Members of the
                                                                                      Board of Directors.

                         3      05 March 2024       1.    Chairul Tanjung          1. Changes to Credit Decision Authority Limit (BWMK) for Bonds
                                                    2.    Achjadi Ranuwisastra        Trading Line Facilities.
                                                    3.    Lambock V. Nahattands    2. Adjustment of Mutual Fund Types for Placement to Asset and
                                                    4.    Hizbullah                   Securities Management Companies.
                                                                                   3. Implementation of Integrated Governance of Mega Corpora
                                                                                      Business Group.

                         4      06 May 2024         1.    Chairul Tanjung          1. Evaluation of Bank Mega’s Performance as of March 31, 2024
                                                    2.    Achjadi Ranuwisastra     2. Discussion & Direction of the Board of Commissioners on Bank
                                                    3.    Lambock V. Nahattands       Mega’s Performance Achievements
                                                    4.    Hizbullah

                         5      09 August 2024      1.    Chairul Tanjung          1. Bank Mega Performance Evaluation as of June 30, 2024
                                                    2.    Achjadi Ranuwisastra     2. Implementation of Integrated Governance of Mega Corpora
                                                    3.    Lambock V. Nahattands       Business Group.
                                                    4.    Hizbullah

                         6      25 September 2024   1.    Chairul Tanjung          Appointment of Public Accounting Firm (KAP) for Fiscal Year 2024.
                                                    2.    Achjadi Ranuwisastra
                                                    3.    Lambock V. Nahattands
                                                    4.    Hizbullah

                         7     09 December 2024     1.    Chairul Tanjung          Recommendation for Termination and Appointment of Head of
                                                    2.    Achjadi Ranuwisastra     Internal Audit Unit (IADT) of PT Bank Mega, Tbk.
                                                    3.    Lambock V. Nahattands
                                                    4.    Hizbullah



                 Supervision of the Board of Commissioners in 2024
                 As stipulated in the Board Manual, the Board of Commissioners prepares a report on the results of supervision
                 for 1 (one) year, a report on the supervision of business plans per semester, a report on the main points of
                 internal audit results, a report on As stipulated in the Board Manual, the Board of Commissioners prepares a
                 report on the results of supervision for 1 (one) year, a report on the supervision of business plans per semester, a
                 report on the main points of internal audit results, a report on violations of laws and regulations in the financial
                 and banking sector, and conditions or estimated conditions that could endanger the continuity of the bank’s
                 business and other reports submitted in the annual report on the implementation of the Bank’s governance.
                 The recommendations provided by the Board of Commissioners include the following:

                 Board of Commissioners Recommendations in 2024
                   No            No. Dokumen                  Date                                            Subject
                    1.       MD.001/KOMISARIS/24    25 January 2024        Evaluation of the Audit Committee’s Performance in 2023.

                   2.        MD.002/KOMISARIS/24    25 January 2024        Evaluation of the Risk Monitoring Committee’s Performance in 2023.

                   3.        MD.003/KOMISARIS/24    25 January 2024        Evaluation of the Remuneration and Nomination Committee’s Performance
                                                                           in 2023.
                   4.        MD.004/KOMISARIS/24    26 January 2024        Evaluation of the Board of Directors’ Follow-up on Internal & External Audit
                                                                           Findings in Semester II of 2023.
                   5.        MD.005/KOMISARIS/24    31 January 2024        Evaluation of the Risk Profile in Quarter IV/2023.

                   6.        MD.006/KOMISARIS/24    02 February 2024       Evaluation of the Implementation of Risk Management in 2023.

                   7.        MD.007/KOMISARIS/24    05 February 2024       Evaluation of the Implementation of the Compliance Function in Semester II
                                                                           of 2023.
                   8.        MD.008/KOMISARIS/24    26 February 2024       Changes in the Composition of the Remuneration and Nomination Committee
                                                                           Members.
                   9.        MD.009/KOMISARIS/24    05 March 2024          Implementation of Integrated Governance of the Mega Corpora Business Group.

                   10.       MD.010/KOMISARIS/24    29 April 2024          Evaluation of the Risk Profile in Quarter I/2024.

                   11.       MD.011/KOMISARIS/24    30 April 2024          Follow-up to the Results of the Internal Audit Examination in Quarter I/2024.

                   12.       MD.012/KOMISARIS/24    29 May 2024            Evaluation of the Implementation of IADT Duties for the April 2024 Period.

                   13.       MD.013/KOMISARIS/24    3 July 2024            Evaluation of the Results of the Implementation of IADT Duties of PT Bank
                                                                           Mega, Tbk for the May 2024 Period
                   14.       MD.014/KOMISARIS/24    24 July 2024           Evaluation of the Performance of the Risk Monitoring Committee for Semester
                                                                           I of 2024.




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                                                                       Governance




                No         No. Dokumen              Date                                             Subject

                 15.   MD.015/KOMISARIS/24   24 July 2024        Evaluation of the Performance of the Remuneration and Nomination
                                                                 Committee for Semester I of 2024.
                16.    MD.016/KOMISARIS/24   29 July 2024        Evaluation of the Performance of the Audit Committee for Semester I of 2024.

                 17.   MD.017/KOMISARIS/24   7 August 2024       Evaluation of the Implementation of the Compliance Function for Semester
                                                                 I of 2024.
                18.    MD.018/KOMISARIS/24   16 August 2024      Evaluation of the Duties of IADT PT. Bank Mega, Tbk for Semester I of 2024.

                19.    MD.019/KOMISARIS/24   20 August 2024      Implementation of Integrated Governance of the Mega Corpora Business Group.

                20.    MD.020/KOMISARIS/24   21 August 2024      Internal Fraud at the Medan Regional Operation Center.

                 21.   MD.021/KOMISARIS/24   26 September 2024   Appointment of a Public Accounting Firm (KAP) for the 2024 Financial Year.

                22.    MD.022/KOMISARIS/24   27 September 2024   Evaluation of the Implementation of IADT Duties of PT. Bank Mega, Tbk. July
                                                                 2024 period.
                23.    MD.023/KOMISARIS/24   22 November 2024    Evaluation of the Implementation of IADT Duties of PT. Bank Mega, Tbk.
                                                                 September 2024 period.
                24.    MD.024/KOMISARIS/24   10 December 2024    Recommendation for the Termination and Appointment of the Head of
                                                                 Internal Audit Unit (IADT) of PT. Bank Mega, Tbk.
                25.    MD.025/KOMISARIS/24   10 December 2024    Evaluation of Risk Profile for Quarter III/2024.



               Training and/or Competency Improvement of                       1.   Professionalism and independence
               Board of Commissioners Members                                  2.   Implementation of supervisory and coaching
               Bank      Mega      provides    various   competency                 functions
               development programs for members of the Board of                3.   Identification of matters requiring the attention
               Commissioners, aligning with advancements in the                     of the Board of Commissioners.
               banking industry and governance. These programs
               are designed to enhance the Board of Commissioners’             Implementation and Results of Performance
               ability to effectively oversee the Bank’s management            Assessment of Committees under the Board
               by the Board of Directors. Details of the training and          of Commissioners 2024
               competency development programs attended by the                 When evaluating the performance of the three
               Board of Commissioners in 2024 can be found in the              Committees, the Board of Commissioners refers
               Company Profile Chapter, specifically in the Board of           to the predetermined assessment criteria, namely
               Commissioners Profile section of this Annual Report.            professionalism and independence, implementation of
                                                                               supervisory and coaching functions, and identification
               Orientation Program for New Commissioners                       of matters requiring the attention of the Board of
               In 2024, there was no orientation activities for new            Commissioners. The assessment of the Committee’s
               Board of Commissioners members, since there was                 performance is based on an assessment of the
               no new Commissioners appointed.                                 Committee’s performance collectively (collegial), the
                                                                               performance of each Committee member, and the
               Assessment on the Performance of Board of                       performance of each Committee Chairman.
               Commissioners Committees
               The Board of Commissioners periodically assesses                The Board of Commissioners considers that the
               and evaluates the performance of each Committee                 Committees have carried out their duties and
               under the Board of Commissioners (at least once a               responsibilities appropriately throughout 2024. All
               year), consisting of:                                           recommendations of each Committee have also been
               1. Collegial assessment of the performance of                   accepted by the Board of Commissioners and taken
                   committees under the Board of Commissioners;                into consideration in the decision-making process on
               2. Individual assessment of the performance                     the proposals submitted by the Board of Directors.
                   of Committee members under the Board of
                   Commissioners; and
               3. Assessment of the performance of the                         INDEPENDENT COMMISSIONER
                   Chairperson of the Committee under the Board
                   of Commissioners.                                           An Independent Commissioner is a member of
                                                                               the Board of Commissioners who has no financial,
               The Board of Commissioners has established the                  managerial, share ownership, or family ties with
               following criteria for assessing the performance of             other members of the Board of Commissioners,
               committees under the Board of Commissioners:                    members of the Board of Directors and/or
                                                                               controlling shareholders or with the Bank, which

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                 may affect the ability of the person concerned                           Number and Composition of Independent
                 to act independently in accordance with the                              Commissioners
                 principles of GCG. Independent Commissioners are                         In 2024, Bank Mega has three Independent
                 responsible for supervising and also representing                        Commissioners out of a total of four members
                 the interests of minority shareholders. The existence                    of the Board of Commissioners, representing
                 of the Bank’s Independent Commissioners has                              more than 50% of the composition. This structure
                 met the requirements in accordance with OJK                              complies with POJK Regulation No. 17 of 2023
                 Circular Letter No.13/SEOJK.03/2017 concerning                           on the Implementation of Governance for
                 the Implementation of Governance for Commercial                          Commercial Banks, which requires that Independent
                 Banks, and POJK No.17 of 2023 concerning the                             Commissioners constitute at least 50% of the total
                 Implementation of Governance for Commercial                              Board of Commissioners. Additionally, the number of
                 Banks which came into effect on September 14, 2023.                      Independent Commissioners at Bank Mega meets the
                                                                                          minimum requirements set by the ASEAN Corporate
                 Independence Requirements for Independent                                Governance Scorecard, which mandates that at least
                 Commissioners                                                            50% of the Board of Commissioners be Independent
                 The independence requirements for Independent                            Commissioners.
                 Commissioners are regulated in POJK No. 33/
                 POJK.04/2014, including:                                                 The members of the Independent Commissioners of
                 1. Not a person who works or has the authority and                       Bank Mega are:
                    responsibility to plan, lead, control, or supervise
                    the activities of the Issuer or Public Company                        Table of Independent Commissioner Members
                    within the last 6 (six) months, except for                                         Name                  Terms of Office
                    reappointment as an Independent Commissioner                           Achjadi Ranuwisastra                 2023 - 2027
                    of the Issuer or Public Company in the following
                                                                                           Lambock V. Nahattands                2023 - 2027
                    period.
                                                                                           Hizbullah                            2023 - 2027
                 2. Does not have shares, either directly or indirectly,
                    in the Issuer or Public Company.
                 3. Does not have an affiliated relationship with the                     Independence Statement of Each Independent
                    Issuer or Public Company, members of the Board                        Commissioner
                    of Commissioners, members of the Board of
                    Directors, or major shareholders of the Issuer or                     By referring to the provisions in Article 25 paragraph
                    Public Company.                                                       1 of POJK No.33/POJK.04/2014 concerning the
                 4. Does not have a business relationship, either                         Board of Directors and Board of Commissioners
                    directly or indirectly, related to the business                       of Issuers or Public Companies, the following is
                    activities of the Issuer or Public Company.                           the independence statement of each Independent
                                                                                          Commissioner of Bank Mega:

                 Table of Fulfillment of Independence Aspects
                                                                                                 Achjadi           Lambock V.
                                    Independent Commissioner Criteria                                                                  Hizbullah
                                                                                               Ranuwisastra        Nahattands
                   Not a person who works or has the authority and responsibility to                   √                √                     √
                   plan, lead, control, or supervise the Bank’s activities within the last 6
                   (six) months

                   Does not have shares either directly or indirectly in the Bank                      √                √                     √

                   Does not have an affiliated relationship with the Bank, other members               √                √                     √
                   of the Board of Commissioners, members of the Board of Directors or
                   Controlling Shareholders of the Bank.

                   Does not have financial relationships, management relationships,                    √                √                     √
                   share ownership relationships, family relationships up to the second
                   degree with other members of the Board of Commissioners, the Board
                   of Directors and/or Controlling Shareholders of the Bank.

                   Does not have business relationships either directly or indirectly                  √                √                     √
                   related to the Bank’s business activities.


                 Loan Provision Policy for Members of the Board of Commissioners
                 The policy on loan provisions for members of the Board of Commissioners is detailed in the sub-chapter
                 “Provision of Funds to Related Parties and Management” within the Management Discussion and Analysis
                 section of this Annual Report.



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                                                                       Corporate
                                                                       Governance




               Board of
               Directors


               The Board of Directors is the Bank’s governing body,         2023 concerning the Implementation of Governance
               collectively authorized and responsible for managing         for Commercial Banks and is stated in the Board of
               the Company in line with its objectives, while               Directors Decree No. 042/DIRBM/24 dated May 6,
               also representing the Bank in legal matters both             2024 concerning the Board Manual.
               internally and externally, as outlined in the Articles
               of Association.                                              Legal Basis for preparing the Board of Directors
                                                                            Manual:
               At Bank Mega, the Board of Directors oversees                1. Law of the Republic of Indonesia No. 40 of 2007
               decision-making for the Bank’s operations and daily             concerning Limited Liability Companies;
               business activities. Each Director has the authority         2. OJK Regulation and OJK Circular Letter
               to make decisions within their respective duties and            concerning the Implementation and Organs of
               responsibilities, yet the execution of these duties             Corporate Governance;
               remains a shared responsibility among all Directors.         3. Bank Mega’s Articles of Association
                                                                            4. General Guidelines for GCG Indonesia from
               Legal Basis                                                     the National Committee for Governance Policy
               The formation and appointment of the Board of                   (KNKG);
               Directors of Bank Mega are based on the following            5. ASEAN Corporate Governance Scorecard.
               provisions:
               1. Law No. 40 of 2007 on Limited Liability                   The Board of Directors Manual regulates various
                   Companies.                                               matters, including:
               2. Financial Services Authority Regulation No. 33/           1. Organization of the Bank and division of duties
                   POJK.04/2014 on the Board of Directors and                  of the Board of Directors
                   Board of Commissioners of Issuers or Public              2. Duties, Responsibilities and Authorities of the
                   Companies.                                                  Board of Directors
               3. Financial Services Authority Regulation No. 55/           3. Regulation of authority and decision procedures
                   POJK.03/2016 dated December 7, 2016, on the                 of the Board of Directors
                   Implementation of Governance for Commercial              4. Ethics of the Board of Directors’ Position
                   Banks.                                                   5. Board of Directors’ Meetings
               4. Deed of Statement of Resolutions of the Bank’s            6. Prohibitions on the Board of Directors
                   Annual General Meeting of Shareholders No. 02            7. Assessment of the Board of Directors’
                   dated March 4, 2024, which has been notified                Performance
                   to the Ministry of Law and Human Rights of               8. Implementation of working relations between
                   the Republic of Indonesia through the Letter of             the Board of Commissioners and the Board of
                   Receipt of Notification of Changes to Company               Directors.
                   Data No. AHU-0046385.AH.01.11 of 2024 dated
                   March 4, 2024.                                           Composition, Number and Composition of
                                                                            Members of the Board of Directors in 2024
               Board of Directors Manual                                    The number, composition, competence and integrity
               In carrying out its duties and responsibilities, the Board   of members of the Board of Directors of Bank Mega
               of Directors of Bank Mega is guided by the Board of          are in accordance with the Bank’s business activities
               Directors Manual which is periodically evaluated and         and comply with the provisions of the Financial
               updated with reference to the applicable regulations         Services Authority, including:
               and provisions in Indonesia. This manual is binding on       1. The number of members of the Board of
               every member of the Board of Directors in carrying               Directors is more than 3 (three) people.
               out the Bank’s management functions. In 2024, the            2. All members of the Board of Directors are
               Board of Directors Manual of Bank Mega has been                  domiciled in Indonesia.
               updated and renewed to comply with POJK No. 17 of



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                 3.   Replacement and/or appointment of the                          7.   No member of the Board of Directors, either
                      Board of Directors has taken into account the                       individually or collectively, owns more than 25%
                      recommendations of the Remuneration and                             (twenty five percent) of the paid-up capital in
                      Nomination Committee, and obtained approval                         another company.
                      from the GMS.                                                  8.   The Board of Directors does not grant general
                 4.   All members of the Board of Directors have                          power of attorney to another party that results in
                      more than 5 (five) years of experience in banking                   the transfer of duties and functions of the Board
                      operations as bank executive officers.                              of Directors.
                 5.   Have passed the Fit & Proper Test and have                     9.   The Board of Directors also does not use
                      obtained a Letter of Approval from the OJK.                         individual advisors and/or professional services
                 6.   No member of the Board of Directors, either                         as consultants.
                      individually or jointly, owns shares reaching 5%
                      (five percent) or more in Bank Mega or in other                The composition and composition of the membership
                      banks and companies domiciled in and outside                   of the Board of Directors of Bank Mega at the end of
                      the country.                                                   2024 is as follows:

                 Table of Board of Directors Members, Basis of Appointment and OJK Approval
                             Name                         Position                        AGM                    OJK/BI approval
                   Kostaman Thayib           President Director                     1 Maret 2024    No.15/28/GBI/DPIP/ Rahasia, tanggal 11 Juli
                                                                                                    2013

                   Lay Diza Larentie         Vice President Director (Business)     1 Maret 2024    No.SR-77/PB.02/2023 tanggal 06 Juni 2023

                   Indivara Erni             Vice President Director (Support)      1 Maret 2024    No.SR-77/PB.02/2023 tanggal 06 Juni 2023

                   Martin Mulwanto           Director of Treasury & International   1 Maret 2024    No.SR-166/D.03/2014 tanggal 18 September
                                             Banking                                                2014

                   Yuni Lastianto            Director of Compliance & HC            1 Maret 2024    No.14/90/GBI/DPIP/   Rahasia,   tanggal   24
                                                                                                    Agustus 2012

                   Madi Darmadi Lazuardi     Director of Credit                     1 Maret 2024    No.15/26/GBI/ DPIP/Rahasia, tanggal 11 Juli
                                                                                                    2013

                   C. Guntur Triyudianto     Director of Operations                 1 Maret 2024    No.SR-185/PB.12/2018 tanggal 10 September
                                                                                                    2018

                   YB Hariantono             Director of Information Technology     1 Maret 2024    No.SR-14/PB.02/2023 tanggal 21 Maret 2023



                 Term of Office of Board of Directors Members                             a.  His/her term of office ends in accordance
                 1.   The term of office of a member of the Board of                          with the provisions of the Bank’s Articles of
                      Directors is calculated from the date determined                        Association;
                      at the GMS that appointed him/her until the                         b. Resigns in accordance with applicable
                      closing of the 3rd (third) Annual GMS after the                         provisions;
                      date of his/her appointment without prejudice to                    c. No longer meets the requirements of laws
                      the right of the GMS to dismiss him/her at any                          and regulations;
                      time in accordance with the Bank’s Articles of                      d. Dies; and
                      Association and applicable provisions.                              e. Dismissed based on the decision of the GMS.
                 2.   In the event that the position of a member of                  6.   Members of the Board of Directors whose term
                      the Board of Directors is vacant resulting in the                   of office has ended may be reappointed by
                      number of members of the Board of Directors                         taking into account the applicable provisions.
                      being less than 3 (three) people, then within a
                      period of 60 (sixty) calendar days at the latest,              Fit and Proper Assessment
                      the Bank must hold a GMS to fill the vacancy.                  Candidates for the Board of Directors must undergo
                 3.   A member of the Board of Directors may                         a Fit and Proper Test and obtain approval from
                      be temporarily dismissed by the Board of                       the Financial Services Authority (OJK) before
                      Commissioners by stating the reasons for the                   carrying out their duties and functions as members
                      dismissal.                                                     of the Bank’s Board of Directors. This requirement
                 4.   Such temporary dismissal must be notified in                   is regulated under OJK Regulation No. 27/
                      writing to the relevant member of the Board of                 POJK.03/2016 on the Fit and Proper Assessment for
                      Directors, and followed up in accordance with                  Key Parties in Financial Service Institutions. Members
                      applicable provisions.                                         of the Board of Directors must demonstrate integrity,
                 5.   The term of office of a member of the Board of                 competence, and a sound financial reputation.
                      Directors ends if:

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               Duties and Responsibilities of the Board of                14. Members of the Board of Directors cannot be
               Director                                                       held responsible for the Bank’s losses if they can
               The Board of Directors acts as the governing body              prove:
               of the Bank, collectively responsible for managing             •   The loss is not due to his/her fault or
               the institution in accordance with the Articles of                 negligence
               Association and applicable regulations to achieve              •   Has carried out management in good faith,
               the Bank’s objectives. Key duties and responsibilities             full responsibility, and caution for the benefit
               include:                                                           and in accordance with the intent and
               1. Each member of the Board of Directors must                      purpose of the Bank.
                   carry out their duties and responsibilities in good        •   Has no conflict of interest either directly or
                   faith, with full responsibility, and with caution.             indirectly over management actions that
               2. In carrying out their duties and responsibilities               result in losses.
                   for management, the Board of Directors must                •   Has taken action to prevent the occurrence
                   hold an Annual GMS and other GMS as stipulated                 or continuation of such losses.
                   in laws and regulations and the Bank’s Articles of     15. The duties and responsibilities of the Board of
                   Association.                                               Directors as the Main Entity in implementing
               3. The Board of Directors must be accountable                  Integrated Governance of the Mega Corpora
                   for the implementation of their duties to                  Financial Conglomerate, at least include:
                   shareholders through the GMS.                              •   The Board of Directors of the Main Entity must
               4. Create strategic policies related to the                        ensure the implementation of Integrated
                   management of the Bank in accordance with the                  Governance in the financial conglomerate.
                   authority granted.                                         •   Prepare Integrated Governance guidelines.
               5. Create and compile an annual work plan that also            •   Direct,     monitor,     and     evaluate   the
                   includes the Bank’s annual budget and submit it                implementation of Integrated Governance
                   to the Board of Commissioners for approval.                    guidelines.
               6. Implement the principles of good governance in              •   Follow up on the direction or advice of the
                   every business activity of the Bank at all levels or           Board of Commissioners of the Main Entity in
                   levels of the organization.                                    order to improve the Integrated Governance
               7. Ensure that the implementation of risk                          guidelines.
                   management is adequate in accordance with the              •   Must ensure that audit findings and
                   Risk Management Policy and Risk Management                     recommendations from the Integrated
                   Strategy that have been established.                           Audit Work Unit, external auditors, results
               8. Foster an anti-fraud culture and a culture of                   of supervision by the Financial Services
                   compliance throughout the organization.                        Authority and/or results of supervision by
               9. Following up on audit findings and external                     other authorities have been followed up.
                   recommendations, results of supervision by the         16. The duties and responsibilities of the Board of
                   Financial Services Authority, Bank Indonesia and/          Directors as the Main Entity in the implementation
                   or results of supervision by other authorities.            of Integrated Risk Management of the Mega
               10. Preparing remuneration policies and disclosing             Corpora Financial Conglomerate, at least include:
                   to employees the Bank’s strategic policies in the          •   Preparing a written and comprehensive
                   field of personnel.                                            Integrated Risk Management policy in
               11. Providing Financial Reports and the Bank’s                     accordance with the provisions of the OJK
                   business activities to authorized parties as                   regulations.
                   stipulated in banking regulations and applicable           •   Implementing         the     Integrated    Risk
                   laws.                                                          Management policy that has been set.
               12. To     support      the   effectiveness     of   the       •   Developing a risk culture as part of
                   implementation of its duties and responsibilities,             the implementation of Integrated Risk
                   the Board of Directors may form committees.                    Management in the Financial Conglomerate.
                   In forming a committee, the Board of Directors             •   Ensuring the effectiveness of human
                   is required to evaluate the performance of the                 resource management that includes the
                   committee at the end of each financial year.                   competence, qualifications and adequacy of
               13. Each member of the Board of Directors is jointly               human resources at the Bank to carry out the
                   and severally liable for the Bank’s losses caused              Integrated Risk Management function.
                   by errors or negligence of members of the Board            •   Ensuring that the implementation of
                   of Directors in carrying out their duties.                     Integrated Risk Management has been
                                                                                  carried out independently.



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                      •    Evaluating the results of the Integrated Risk    •   Establishing the company’s future business plans
                           Management Work Unit review periodically             and strategies.
                           of the Integrated Risk Management process.       •   Ensuring that supervisory functions and
                      •    Evaluating and adjusting the risk strategy           risk management/risk control are properly
                           and framework as part of the Integrated Risk         implemented in accordance with the principles of
                           Management policy at least 1 (one) time in           Good Corporate Governance across all business
                           1 (one) year or at any time in the event of          activities of the Bank at every organizational
                           changes in factors that significantly affect         level.
                           the business activities of the Financial         •   Ensuring that the implementation and duties of
                           Conglomerate.                                        the Board of Directors comply with regulations
                      •    Have adequate understanding of the risks             set by the Financial Services Authority (OJK)
                           inherent in all business activities within the       and/or other relevant authorities.
                           Financial Conglomerate and be able to take       •   Supervising and evaluating criminal and fraud-
                           necessary actions in accordance with the             related cases.
                           risk profile of the Financial Conglomerate.      •   Ensuring that management’s measures in
                                                                                addressing legal cases or issues effectively
                 Division of Duties of the Board of Directors                   minimize legal risks.
                 The division of duties of the Board of Directors is as     •   Ensuring the timely and accurate provision of
                 follows:                                                       financial reports for internal and external parties
                 1. The division of duties of the Board of Directors            while ensuring financial information complies
                      is decided in the GMS. In the event that the GMS          with applicable regulations.
                      does not determine, then the division of duties       •   Fostering good relations with regulators (OJK,
                      and authority of the members of the Board of              IDX, BI, KSEI), media, professional institutions
                      Directors is determined based on the decision of          (PERBANAS, IBI), and other stakeholders,
                      the Board of Directors with the approval of the           while monitoring the company’s compliance
                      Board of Commissioners.                                   with obligations as a publicly listed entity in
                 2. In carrying out their duties, each Director can             accordance with stock exchange, banking, and
                      make decisions in accordance with the division            capital market regulations.
                      of duties and authority.                              •   Developing       a     communication      strategy
                 3. The position of each member of the Board of                 encompassing both external and internal aspects
                      Directors is equal. The task of the President             to ensure a continuously positive corporate
                      Director is to coordinate the activities/work             perception and effective reputation management
                      activities of the Directors.                              in alignment with company policies.
                 4. In the event that one of the Directors is               •   Ensuring the proper execution of supervision and
                      temporarily unable to do so, the President                audits across all Bank Mega offices to enhance
                      Director can determine a temporary replacement            efficiency and minimize deviations, including
                      with the approval of the Board of Commissioners.          both financial and non-financial risks.
                      Specifically for the temporary replacement            •   Overseeing the accurate and timely dissemination
                      of the Director in charge of the compliance               of financial information to internal and external
                      function, it must follow the regulations of the           stakeholders.
                      Financial Services Authority concerning the           •   Managing the Bank’s overhead costs by
                      Implementation of Compliance Functions for                implementing cost-efficiency measures while
                      Commercial Banks.                                         ensuring compliance with established policies
                                                                                and procedures.
                 Scope of Work and Responsibilities of Each                 •   Ensuring the successful achievement of the
                 Member of the Board of Directors                               company’s business targets.

                 Kostaman Thayib                                            Lay Diza Larentie
                 President Director                                         Vice President Director
                 •   Complying with the duties and authorities of the       (Consumer Banking & Credit)
                     Board of Directors as stipulated in the Articles of    •   Coordinating and overseeing all Consumer
                     Association.                                               Banking functions in carrying out their duties
                 •   Coordinating and overseeing all Directors in               for the benefit of the company, ensuring that the
                     carrying out their duties for the benefit of the           company’s objectives and goals are achieved.
                     company, ensuring that the company’s objectives        •   Coordinating and supervising the Credit Director
                     and goals are achieved.                                    in executing their responsibilities to align with
                                                                                the company’s interests and objectives.

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               •    Ensuring the achievement of targets and the         •   Coordinating the management of the collateral
                    seamless execution of funding and lending               assessment process in accordance with
                    programs within the Credit Directorate.                 applicable operating standards in order to
               •    Achieving financial targets for Consumer Banking        produce optimal work productivity
                    and Credit.                                         •   Ensuring the achievement of collection targets,
               •    Increasing market share.                                the recovery process that has been set runs
               •    Enhancing product development and sales                 according to procedures.
                    growth of Funding, Wealth Management & Credit       •   Minimizing the risk of loss and complaint impact
                    Card products.                                          arising from collection.
               •    Improving the Company’s Brand Image.
               •    Increasing Customer Loyalty with effective          Madi D. Lazuardi
                    product and program development.                    Credit Director
               •    Monitoring the creation of Customer Segment         •  Coordinating and supervising all Work Units
                    programs in acquiring new customers and                in the Credit Directorate in carrying out their
                    maintaining existing customers                         duties for the benefit of the company so that the
               •    Planning in developing and determining Credit          company’s goals and objectives are achieved.
                    Cards, Funding, Wealth Management & Loans           •  Determining business strategies and targets in
                    business strategies nationally to improve target       the Credit Directorate.
                    achievement.                                        •  Monitoring and supervising action plans for
               •    Monitoring, coordinating for work program              achieving business targets in the credit and
                    planning for all Funding, Credit Cards & Loans         profit sectors set in Regional Offices and Branch
                    marketing activities nationally in determining         Offices.
                    target achievement strategies.                      •  Ensuring that tasks and implementation in
                                                                           the Credit Directorate are in accordance with
               Indivara Erni                                               regulations (Bank Indonesia, Financial Services
               Vice President Director                                     Authority and/or other relevant authorities).
               (Risk,    Operations,     Information     Technology,    •  In charge of achieving targets including portfolio,
               Compliance & Human Capital)                                 profitability and collectibility in all credit sectors
               •   Coordinating and supervising all Risk functions         nationally according to the company’s strategy.
                   in carrying out their duties for the benefit of      •  Coordinating the development and supervision
                   the company so that the company’s intent and            of HR in the Credit Directorate to improve the
                   objectives are achieved.                                quality and capabilities of employees through
               •   Coordinating the Directors of Operations,               training and coaching so that all work targets are
                   Information Technology and Compliance &                 achieved.
                   Human Capital in carrying out their duties for the   •  Collaborate with other Directorates to conduct
                   benefit of the company so that the company’s            reviews and improvements in the dimensions of
                   intent and objectives are achieved.                     people, process, product, and portfolio.
               •   Ensuring all functions and processes and program
                   implementation in the Directorate of Operations,     Martin Mulwanto
                   Information Technology and Compliance &              Director of Treasury & International Banking
                   Human Capital run in harmony and achieve the         •   Coordinating and supervising all Work Units
                   set work targets.                                        in the Directorate of Treasury & International
               •   Supervising and be accountable for the                   Banking (TIB) in carrying out their duties for
                   development of policies, procedures, work                the benefit of the company in achieving the
                   processes and application systems under the              company’s goals and objectives.
                   Risk function.                                       •   Determining business strategies and targets
               •   Supervise related to the provision of credit             in the Directorate of Treasury & International
                   proposal analysis with reference to applicable           Banking (TIB).
                   provisions/regulations.                              •   Supervising and ensuring that the Minimum
               •   In charge of providing information & risk                Reserve Requirement is met in accordance with
                   analysis results in the form of business strategy        that stipulated by BI.
                   preferences (Bank portfolio management)              •   Supervising and managing the implementation of
               •   Supervising the measures required to mitigate            Treasury transactions while still paying attention
                   risks both directly and indirectly                       to the Market Risk and Liquidity Risk signs faced
               •   Coordinating the management of Credit                    by the Bank.
                   Collection and Remedial and Asset Recovery,
                   including AYDA

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                 •    Supervising and ensuring that interbank facilities   •   Ensure that costs incurred are effective and
                      are in accordance with applicable internal and           efficient in accordance with existing policies.
                      external standard procedures or regulations.         •   Ensure that the processes carried out by the
                 •    Fostering good relations with correspondent              work unit are in accordance with the established
                      banks in order to support the smooth operation           service standards.
                      of international banking transactions with the       •   Coordinate with other directorates in terms of
                      principle of mutual benefit (reciprocal business).       problem solving or other interests.
                 •    Supervising and evaluating all activities related    •   Consistently develop the work processes carried
                      to Capital Market Services activities (including         out in each operations work unit.
                      Trustees and Custodians).                            •   In charge of developing human resources to
                 •    Performing supervisory functions on Treasury             match the required competencies and ensuring
                      & Financial Institution, Capital Market, and TIB         career levels that match the needs of the
                      Business Support activities in accordance with           organization.
                      applicable regulations.
                 •    Ensuring that company targets are achieved in        YB Hariantono
                      accordance with the business plan                    Director of Information Technology
                                                                           •   Coordinate and supervise all Work Units in the
                 Yuni Lastianto                                                Information Technology Directorate in carrying
                 Director of Compliance & Human Capital                        out their duties for the benefit of the company
                 •   Melaksanakan     tugas    untuk     kepentingan           so that the company’s goals and objectives are
                     Perseroan guna mencapai maksud dan tujuan                 achieved.
                     Perseroan.                                            •   Setting strategies and targets in the Information
                 •   Menetapkan strategi kerja dan sasaran Direktorat          Technology Directorate.
                     Compliance & Human Capital.                           •   Establish work guidelines for Information
                 •   Memastikan seluruh kegiatan usaha Bank telah              Technology that are in line with regulations,
                     sesuai dengan ketentuan regulator, peraturan              efficient and contain adequate control and risk
                     perundang-undangan/prinsip        tata    kelola          mitigation elements.
                     perusahaan yang baik pada seluruh jenjang             •   Develop and ensure that policies that have been
                     organisasi.                                               established can be implemented in accordance
                 •   Memastikan penerapan prinsip “Know Your                   with applicable regulations.
                     Customer” dan “Get to Know Your Employee” di          •   Build a strong team by developing individuals
                     Bank Mega telah sesuai dengan ketentuan yang              who have competence in the field of Information
                     berlaku.                                                  Technology.
                 •   Memantau dan mengevaluasi kasus tindak
                     pidana atau penipuan.                                 •   Build systems to run in accordance with
                 •   Memastikan tercapainya sasaran korporasi                  applicable policies.
                     Direktorat Compliance & Human Capital sesuai          •   Coordinate with other directorates to ensure
                     dengan rencana bisnis.                                    all bank systems can run according to the set
                 •   Mengawasi dan mengevaluasi seluruh kegiatan               targets,
                     yang terkait dengan SDM.
                 •   Mengawasi dan mengevaluasi seluruh kegiatan
                     yang terkait dengan Public Affairs.                   Concurrent Positions and Independence of
                                                                           the Board of Directors
                 C. Guntur Triyudianto                                     In accordance with the Board of Directors Charter,
                 Director of Operations                                    all members of the Board of Directors of Bank Mega
                 •   Determine and implement the strategy of the           do not hold concurrent positions as members of the
                     Operations Directorate in accordance with             Board of Directors, Board of Commissioners, Sharia
                     company policies to support the targets set by        Supervisory Board, or Executive Officers in other
                     the company.                                          banks, companies, and/or institutions.
                 •   Coordinate and ensure that all operations
                     functions can run according to applicable             Regarding independence, each member of the Board
                     internal and external provisions and procedures.      of Directors, individually or collectively, does not own
                 •   Ensure that operational processes related to          more than 25% of the paid-up capital in any other
                     branches, credit processes, treasury, payment         company. Additionally, the Board of Directors does
                     systems and other support can run well.               not engage individual advisors and/or professional
                 •   Ensure and evaluate work processes to have            services as experts or consultants. Members of the
                     sufficient control to mitigate operational risks.

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               Board of Directors are also prohibited from granting                                                  Membership in Organizations/
                                                                                      No.          Name
                                                                                                                            Associations
               general power of attorney to any party that would
                                                                                       6.    Madi Darmadi        Member of the Communications
               result in the delegation of their duties and functions.                       Lazuardi            Division of IBI (Indonesian
                                                                                                                 Bankers Association)
               Conflict of Interest of the Board of Directors                          7.    C. Guntur           Member of the Operational
               Bank Mega has an internal policy related to Conflict                          Triyudianto         Director Communication Forum
               of Interest which is stated in:                                         8.    YB. Hariantono      •    Member of ICIO Community
               •    Decree of the Board of Directors No.99/                                                           (Association of Chief
                                                                                                                      Information Officer Indonesia)
                    DIRBM/22 dated December 20, 2022 concerning                                                  •    Member of ASPI (Association
                    Affiliated Transactions, Conflict of Interest                                                     of Indonesian Payment
                                                                                                                      Systems)
                    Transactions, and Material Transactions
               •    Decree of the Board of Directors No.033/
                    DIRBM/24 dated March 26, 2024 concerning                         Policy on Loan Provision for the Board of
                    Guidelines for Implementing Bank Governance                      Directors
                                                                                     The loan provision policy for Board of Directors is
               Both internal provisions refer to:                                    explained in the sub-chapter Provision of Funds to
               •  POJK No.42/POJK.04/2020 dated July 1, 2020                         Related Parties and Management in the Chapter
                  concerning Affiliated Transactions and Conflict                    Management Discussion and Analysis in this Annual
                  of Interest Transactions.                                          Report.
               •  POJK No.17/POJK.04/2020 dated April 21, 2020
                  concerning Material Transactions and Changes in                    Implementation of Duties and Responsibilities
                  Business Activities.                                               of Board of Directors in 2024
               •  POJK No.17 of 2023 dated 14 September 2023                         The Board of Directors has carried out its duties
                  concerning the Implementation of Governance                        and responsibilities in accordance with the authority
                  for Commercial Banks.                                              stipulated in the Bank’s Articles of Association
                                                                                     and is fully responsible for the implementation of
               Members of the Board of Directors must avoid any                      the Bank’s management. In addition, the Board of
               form of conflict of interest in carrying out their duties             Directors has a Board of Directors Charter (Board
               in managing the Bank. In the event of a conflict of                   Manual for Board of Directors Members) which is a
               interest, members of the Board of Directors are                       guideline and work procedure that, among others,
               required to disclose the conflict of interest in every                regulates: duties and responsibilities of the Board of
               decision that meets the conditions for a conflict                     Directors, work ethics and working hours, and Board
               of interest and are prohibited from taking actions                    of Directors meetings. The Board Manual is prepared
               that have the potential to harm the Bank or reduce                    based on OJK regulations, the Company’s Articles of
               the Bank’s profits. During 2024 there were no                         Association and applicable laws and regulations.
               transactions containing a conflict of interest.
                                                                                     Implementation of duties and responsibilities of the
               Selama tahun 2024 tidak terdapat transaksi yang                       Board of Directors in 2024, among others:
               mengandung benturan kepentingan.                                      1. Determining the Bank’s objectives and strategies
                                                                                        for the long, medium, and annual terms as
               Membership in Organizations/Associations                                 outlined in the Bank’s Corporate Plan and
                                               Membership in Organizations/             Business Plan.
                No.          Name
                                                      Associations                   2. Create strategic policies related to the
                  1.   Kostaman Thayib     •    Deputy Chairman of the                  management of the Bank in accordance with
                                                Organizational Division of
                                                Perbanas (Association of
                                                                                        the authority given, and evaluate these policies
                                                Indonesian National Banks)              periodically.
                                           •    Member of the Social Division        3. Prepare remuneration policies and disclose to
                                                of IBI (Indonesian Bankers
                                                Association)                            employees regarding strategic Bank policies in
                 2.    Lay Diza Larentie   -
                                                                                        the field of personnel.
                                                                                     4. Implement the principles of good governance
                 3.    Indivara Erni       -
                                                                                        and the application of risk management in every
                 4.    Martin Mulwanto     Coordinator 1 of the Pricing
                                                                                        business activity of the Bank at all levels or levels
                                           Committee of the Indonesian
                                           Money Market and Foreign                     of the organization.
                                           Exchange Market Association               5. Foster a culture of risk awareness, a culture of
                                           (APUVINDO)
                                                                                        compliance and an anti-fraud culture in all levels
                 5.    Yuni Lastianto      Member of FKDKP (Banking
                                           Compliance Director
                                                                                        of the organization.
                                           Communication Forum)


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                 6.  Improve the knowledge, skills and abilities of                  11.     Organize an annual GMS as stipulated in banking
                     all Bank employees at all levels or levels of the                       regulations and legislation and the Articles
                     organization.                                                           of Association, and be accountable for the
                 7. Conduct an evaluation of the performance of the                          implementation of its duties to the Board of
                     committee at the end of each financial year.                            Commissioners and shareholders through the
                 8. Follow up on the findings of the Internal Audit,                         GMS.
                     External Audit, and the results of supervision
                     by Bank Indonesia, the Financial Services                       During 2024, the Board of Directors has issued
                     Authority and the results of supervision by other               internal policies and procedures related to the
                     authorities.                                                    Bank’s operations, both new and updated policies
                 9. Conduct evaluation and monitoring of the Bank’s                  and procedures, in the form of Decrees and Circulars
                     prudential principles and compliance and the                    of the Board of Directors (134 Decrees of the Board
                     implementation of internal control.                             of Directors and 405 Circulars of the Board of
                 10. Transparency of financial and non-financial                     Directors). These internal policies and procedures
                     conditions to Stakeholders as stipulated in                     have been published to all levels of the organization
                     banking regulations and applicable laws.                        through Megaweb Intranet.

                 Board of Directors Meeting in 2024
                 Throughout 2024, Bank Mega’s Board of Directors held meetings with the following agenda:

                                                                                                                Joint Meeting
                              Name                          Position
                                                                                    Number of Meetings Number of Attendance Attendance Rate
                   Kostaman Thayib             President Director                                46                      46              100%
                   Lay Diza Larentie           Deputy President Director                         46                      40               87%
                   Indivara Erni               Deputy President Director                         46                      43               93%
                   Madi D. Lazuardi            Credit Director                                   46                      44               96%
                   Martin Mulwanto             Treasury and International Banking                46                      40               87%
                                               Director
                   Yuni Lastianto              Compliance and Human Resources                    46                      43               93%
                                               Director
                   C. Guntur Triyudianto       Operations Director                               46                      44               96%
                   YB Hariantono               Information Technology Director                   46                      44               96%


                      No.             Date               No. of Minutes                No.               Date                    No. of Minutes
                      1.    08 January 2024            NT.001/DIRBM/24                     24.   15 July 2024                   NT.024/DIRBM/24
                      2.    15 January 2024            NT.002/DIRBM/24                     25.   22 July 2024                   NT.025/DIRBM/24
                      3.    22 January 2024            NT.003/DIRBM/24                     26.   29 July 2024                   NT.026/DIRBM/24
                      4.    29 January 2024            NT.004/DIRBM/24                     27.   05 August 2024                 NT.027/DIRBM/24
                      5.    05 February 2024           NT.005/DIRBM/24                     28.   12 August 2024                 NT.028/DIRBM/24
                      6.    12 February 2024           NT.006/DIRBM/24                     29.   19 August 2024                 NT.029/DIRBM/24
                      7.    19 February 2024           NT.007/DIRBM/24                     30.   26 August 2024                 NT.030/DIRBM/24
                      8.    26 February 2024           NT.008/DIRBM/24                     31.   02 September 2024              NT.031/DIRBM/24
                      9.    04 March 2024              NT.009/DIRBM/24                     32.   09 September 2024              NT.032/DIRBM/24
                      10.   18 March 2024              NT.010/DIRBM/24                     33.   23 September 2024              NT.033/DIRBM/24
                      11.   25 March 2024               NT.011/DIRBM/24                    34.   30 September 2024              NT.034/DIRBM/24
                      12.   01 April 2024               NT.012/DIRBM/24                    35.   07 October 2024                NT.035/DIRBM/24
                      13.   22 April 2024               NT.013/DIRBM/24                    36.   14 October 2024                NT.036/DIRBM/24
                      14.   29 April 2024              NT.014/DIRBM/24                     37.   21 October 2024                NT.037/DIRBM/24
                      15.   06 May 2024                 NT.015/DIRBM/24                    38.   28 October 2024                NT.038/DIRBM/24
                      16.   13 May 2024                NT.016/DIRBM/24                     39.   04 November 2024               NT.039/DIRBM/24
                      17.   20 May 2024                 NT.017/DIRBM/24                    40.   11 November 2024               NT.040/DIRBM/24
                      18.   27 May 2024                 NT.018/DIRBM/24                    41.   18 November 2024               NT.041/DIRBM/24
                      19.   03 June 2024                NT.019/DIRBM/24                    42.   25 November 2024               NT.042/DIRBM/24
                      20.   10 June 2024               NT.020/DIRBM/24                     43.   09 December 2024               NT.043/DIRBM/24
                      21.   24 June 2024                NT.021/DIRBM/24                    44.   16 December 2024               NT.044/DIRBM/24
                      22.   01 July 2024               NT.022/DIRBM/24                     45.   23 December 2024               NT.045/DIRBM/24
                      23.   08 July 2024               NT.023/DIRBM/24                     46.   30 December 2024               NT.046/DIRBM/24




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               Sepanjang tahun 2024, Direksi telah melaksanakan 46 kali rapat Direksi dan 34 kali rapat gabungan dengan
               Dewan Komisaris. Frekuensi kehadiran rapat adalah sebagai berikut:

                                                                                                       Joint Meeting
                            Name                       Position
                                                                             Number of Meetings Number of Attendance Attendance Rate
                Chairul Tanjung            President Commissioner                       34                      33              97%

                Yungky Setiawan*           Deputy President Commissioner                34                        4             12%

                Achjadi Ranuwisastra       Independent Commissioner                     34                      33              97%

                Lambock V. Nahattands      Independent Commissioner                     34                      25              74%

                Hizbullah                  Independent Commissioner                     34                      32              94%

                Kostaman Thayib            President Director                           34                      34             100%

                Lay Diza Larentie          Deputy President Director                    34                      28              82%

                Indivara Erni              Deputy President Director                    34                      33              97%

                Madi D. Lazuardi           Credit Director                              34                      33              97%

                Martin Mulwanto            Treasury and International                   34                      29              85%
                                           Banking Director

                Yuni Lastianto             Compliance and Human                         34                      32              94%
                                           Resources Director

                C. Guntur Triyudianto      Operations Director                          34                      32              94%

                YB Hariantono              Information Technology Director              34                      32              94%




                 No.               Date            No. of Minutes               No.             Date                   No. of Minutes

                  1.    08 January 2024      NT.001/DEKOM-DIRBM/24              18.     22 July 2024             NT.018/DEKOM-DIRBM/24

                  2.    15 January 2024     NT.002/DEKOM-DIRBM/24               19.     29 July 2024             NT.019/DEKOM-DIRBM/24

                  3.    22 January 2024     NT.003/DEKOM-DIRBM/24               20.     05 August 24             NT.020/DEKOM-DIRBM/24

                  4.    05 February 2024    NT.004/DEKOM-DIRBM/24               21.     12 August 24             NT.020/DEKOM-DIRBM/24

                  5.    12 February 2024    NT.005/DEKOM-DIRBM/24               22.     19 August 24             NT.022/DEKOM-DIRBM/24

                  6.    19 February 2024    NT.006/DEKOM-DIRBM/24               23.     02 September 2024        NT.023/DEKOM-DIRBM/24

                  7.    04 March 2024        NT.007/DEKOM-DIRBM/24              24.     09 September 2024        NT.024/DEKOM-DIRBM/24

                  8.    18 March 2024       NT.008/DEKOM-DIRBM/24               25.     07 October 2024          NT.025/DEKOM-DIRBM/24

                  9.    01 April 2024       NT.009/DEKOM-DIRBM/24               26.     14 October 2024          NT.026/DEKOM-DIRBM/24

                  10.   22 April 2024        NT.010/DEKOM-DIRBM/24              27.     28 October 2024          NT.027/DEKOM-DIRBM/24

                  11.   06 May 2024          NT.011/DEKOM-DIRBM/24              28.     04 November 2024         NT.028/DEKOM-DIRBM/24

                  12.   20 May 2024          NT.012/DEKOM-DIRBM/24              29.     11 November 2024         NT.029/DEKOM-DIRBM/24

                  13.   03 June 2024         NT.013/DEKOM-DIRBM/24              30.     18 November 2024         NT.030/DEKOM-DIRBM/24

                  14.   10 June 2024         NT.014/DEKOM-DIRBM/24              31.     02 December 2024         NT.031/DEKOM-DIRBM/24

                  15.   01 July 2024         NT.015/DEKOM-DIRBM/24              32.     09 December 2024         NT.032/DEKOM-DIRBM/24

                  16.   08 July 2024         NT.016/DEKOM-DIRBM/24              33.     16 December 2024         NT.033/DEKOM-DIRBM/24

                  17.   15 Juli 2024         NT.017/DEKOM-DIRBM/24              34.     23 December 2024         NT.034/DEKOM-DIRBM/24



               Training and Competency Development for the Board of Directors 2024
               Bank Mega consistently facilitates training and competency enhancement programs for the Board of Directors.

               Throughout 2024, members of the Board of Directors have participated in various training and development
               programs, including:

               Program Orientasi bagi Anggota Direksi Baru
               In 2024, no orientation activities were conducted for new Directors, as there were no new appointments to the
               Board of Directors.



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                 Throughout 2024, members of the Bank’s Board of Directors have participated in the following training and
                 competency development programs:

                   No.                       Title of Training Attended                      Organizer           Date                 Venue

                    1.   Kostaman Thayib

                         Mega Leaders Conference 2024 “Refocusing On Business             Bank Mega          18-19 Januari   Bandung.
                         Strategy For Sustainable Growth”,                                                       2024

                         Pertemuan Koordinasi Tahunan 2024: Peran Pencegahan dan          PPATK               30 Januari     Hotel Intercontinental
                         Pemberantasan TPPU-TPPT-PPSPM Dalam Menyongsong                                        2024         Jakarta.
                         Indonesia Emas 2025

                         Pertemuan Tahunan Industri Jasa Keuangan 2024 - Sektor           OJK                20 Februari     Hotel The St. Regis,
                         Jasa Keuangan yang Kuat dan Stabil untuk Mendukung                                     2024         Jakarta.
                         Pertumbuhan Ekonomi yang Berkelanjutan

                         Visa Asia Pacific Senior Client Council (SCC) - Innovating For   VISA                  27-29        Hong Kong.
                         The Future: Balancing Growth, Technological Evolution, and                            Februari
                         Shifting Consumer Expectations in A Rapidly Changing World                             2024

                         Seminar Penyelarasan Manajemen Risiko untuk Direksi:             BARa                7-8 Maret      Wisma Mandiri I,
                         Meningkatkan Efektivitas Penerapan Manajemen Risiko Untuk                              2024         Jakarta Pusat.
                         Mewujudkan Industri Perbankan yang Berkelanjutan

                         Seminar Economic Outlook 2024 - Menopang Keberlanjutan           PERBANAS             22 Maret      Hotel Indonesia
                         Perekonomian Melalui Transisi EBT dan UMKM Naik Kelas                                  2024         Kempinski, Jakarta.

                         Executive Banking Forum: Infobank Executive Lunch 2024           Infobank           2 Mei 2024      Hotel Fairmont,
                         (Sharing Session with Bpk. Ignasius Jonan, Menteri Energi dan                                       Jakarta.
                         Sumber Daya Mineral 2016-2019)

                         2024 Prudential International Insurance Conference (PIIC)        Prudential          16-20 Juli     Fairmont The Queen
                                                                                                                2024         Elizabeth Hotel,
                                                                                                                             Montreal, Canada.

                         Visa Executive Program at the Olympic Games Paris 2024           VISA                25-29 Juli     Paris.
                                                                                                                2024

                         Launching Buku Panduan Resiliensi Digital (Digital Resilience)   OJK                20 Agustus      Four Seasons Hotel
                                                                                                                2024         Jakarta.

                         Central Banking Services Festival 2024 - Embracing Innovation    Bank Indonesia     28 Agustus      Hotel St. Regis, Jakarta.
                         for The Future of Central Banking Services                                             2024

                         Sosialisasi Penerapan Program APU-PPT & PPPSPM di                Allo Bank         12 September     Menara Bank Mega,
                         Lingkungan Mega Corpora                                                                2024         Jakarta.

                         Komitmen Deklarasi Anti Fraud #ZeroTolerance                     Bank Mega           18 Oktober     Menara Bank Mega,
                                                                                                                 2024        Jakarta.

                         Workshop Cyber Risk and Data Privacy Awareness for Top           Bank Mega          23 Oktober      Menara Bank Mega,
                         Level Management Bank Mega                                                             2024         Jakarta.

                         Pertemuan Tahunan Perbankan Syariah 2024 - Akselerasi            OJK                25 Oktober      The Hermes Palace
                         Pengembangan Perbankan Syariah Membangun Negeri                                        2024         Hotel, Banda Aceh.

                         Diskusi Program Tiga Juta Rumah (bersama Menteri                 Menteri            28 Oktober      Kementerian PUPR,
                         Perumahan dan Kawasan Pemukiman)                                 Perumahan             2024         Jakarta.
                                                                                          dan Kawasan
                                                                                          Pemukiman

                         CEO Networking 2024: Navigating Global Market Forces and         Pasar Modal       26 November      Raffles Hotel, Jakarta.
                         Technology Innovation for Sustainable Business                   Indonesia             2024

                         Pertemuan Tahunan Bank Indonesia 2024: Sinergi Memperkuat        Bank Indonesia    29 November      Grha Bhasvara
                         Stabilitas dan Transformasi Ekonomi Nasional                                           2024         Icchana - Kompleks
                                                                                                                             Perkantoran Bank
                                                                                                                             Indonesia, Jakarta.

                    2.   Lay Diza Larentie

                         Mega Leaders Conference 2024 “Refocusing On Business             Bank Mega          18-19 Januari   Bandung.
                         Strategy For Sustainable Growth”                                                        2024

                         Economic Outlook 2024 - Year of Optimism                         CNBC Indonesia     29 Februari     Hotel Ritz-Carlton
                                                                                                                2024         Pacific Place, Jakarta

                         Seminar Penyelarasan Manajemen Risiko bagi Direksi:              BARa                  4-5          Mandiri Club, Jakarta.
                         Meningkatkan Efektivitas Penerapan Manajemen Risiko untuk                           September
                         Mewujudkan Industri Perbankan yang Berkelanjutan                                      2024

                         Sosialisasi Penerapan Program APU-PPT & PPPSPM di                Allo Bank         12 September     Menara Bank Mega,
                         Lingkungan Mega Corpora                                                                2024         Jakarta.




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                No.                     Title of Training Attended                        Organizer          Date                  Venue

                       Komitmen Deklarasi Anti Fraud #ZeroTolerance                  Bank Mega            18 Oktober     Menara Bank Mega,
                                                                                                             2024        Jakarta.

                       Workshop Cyber Risk and Data Privacy Awareness for Top        Bank Mega            23 Oktober     Menara Bank Mega,
                       Level Management Bank Mega                                                            2024        Jakarta.

                 3.    Indivara Erni

                       Pelatihan dan Sosialisasi PMK No.122 Tahun 2023 Mengenai      Bank Mega            11 Januari     Menara Bank Mega,
                       Petunjuk Pelaksanaan Lelang                                                           2024        Jakarta.

                       Mega Leaders Conference 2024 “Refocusing On Business          Bank Mega           18-19 Januari   Bandung.
                       Strategy For Sustainable Growth”                                                      2024

                       Economic Outlook 2024 - Year of Optimism                      CNBC Indonesia      29 Februari     Hotel Ritz-Carlton
                                                                                                            2024         Pacific Place, Jakarta.

                       Focus Group Discussion (FGD) Kemendagri dan OJK tentang       OJK                 4 Maret 2024    Hotel Borobudur,
                       Pemenuhan Modal Inti Minimum (MIM) Bank Pembangunan                                               Jakarta.
                       Daerah (BPD): Penguatan dan Konsolidasi BPD

                       Pertemuan Pembahasan Penerapan Tata Kelola Konglomerasi       OJK                 5 Juni 2024     Kantor OJK (Menara
                       Keuangan Mega Corpora                                         (Departemen                         Radius Prawiro),
                                                                                     Pengawasan                          Jakarta.
                                                                                     Konglomerasi
                                                                                     Keuangan)

                       Prospera on Climate Risk Management Policies for Indonesian   OJK                 28 Juni 2024    Raffles Jakarta Hotel,
                       Banks - Kick Off Ceremony Cooperation OJK                                                         Jakarta.

                       Seminar Penyelarasan Manajemen Risiko bagi Direksi:           BARa                    4-5         Mandiri Club, Jakarta.
                       Meningkatkan Efektivitas Penerapan Manajemen Risiko untuk                          September
                       Mewujudkan Industri Perbankan yang Berkelanjutan                                     2024

                       Sosialisasi Penerapan Program APU-PPT & PPPSPM di             Allo Bank           12 September    Menara Bank Mega,
                       Lingkungan Mega Corpora                                                               2024        Jakarta.

                       Komitmen Deklarasi Anti Fraud #ZeroTolerance                  Bank Mega            18 Oktober     Menara Bank Mega,
                                                                                                             2024        Jakarta.

                       Workshop Cyber Risk and Data Privacy Awareness for Top        Bank Mega            23 Oktober     Menara Bank Mega,
                       Level Management Bank Mega                                                            2024        Jakarta.

                       Sosialisasi Rancangan Peraturan Otoritas Jasa Keuangan        OJK                 2 Desember      Menara Radius Prawiro,
                       (RPOJK) tentang Konglomerasi Keuangan dan Perusahaan                                 2024         Komplek Perkantoran
                       Induk Konglomerasi Keuangan                                                                       Bank Indonesia, Jakarta
                                                                                                                         Pusat.

                 4.    Yuni Lastianto

                       Mega Leaders Conference 2024 “Refocusing On Business          Bank Mega           18-19 Januari   Bandung.
                       Strategy For Sustainable Growth”                                                      2024

                       Pertemuan Koordinasi Tahunan 2024: Peran Pencegahan dan       PPATK                30 Januari     Online.
                       Pemberantasan TPPU-TPPT-PPSPM Dalam Menyongsong                                      2024
                       Indonesia Emas 2025

                       Webinar Outlook Ekonomi dan Keuangan di Tahun 2024            OJK Institute       22 Februari     Online.
                                                                                                            2024

                       Seminar Penyelarasan Manajemen Risiko untuk Direksi:          BARa                 7-8 Maret      Wisma Mandiri I,
                       Meningkatkan Efektivitas Penerapan Manajemen Risiko Untuk                            2024         Jakarta Pusat.
                       Mewujudkan Industri Perbankan yang Berkelanjutan

                       Seminar Data Protection: Legal & Information System           Bursa        Efek   3 Juni 2024     Gedung Bursa Efek
                                                                                     Indonesia                           Indonesia, Jakarta.

                       Prakonvensi Rancangan Standar Kompetensi Kerja Nasional       OJK                 4 Juni 2024     Swiss-Belhotel,
                       Indonesia (RSKKNI) Bidang Manajemen Risiko Perbankan                                              Cirebon.

                       Kegiatan Rembuk Nasional PPATK - 22 Tahun Gerakan             PPATK               6 Juni 2024     Gedung PPATK,
                       Nasional APU PPT dan Pendanaan Proliferasi Senjata                                                Jakarta.
                       Pemusnah Massal Indonesia

                       Kick Off AKUBISA dan Diseminasi Kajian Model Bisnis           Bank Indonesia      24 Juni 2024    Gedung Bank
                       Pembiayaan UMKM                                                                                   Indonesia, Jakarta.

                       Konvensi Nasional Rancangan Standar Kompetensi Kerja          OJK                  8 Juli 2024    Hotel DoubleTree,
                       Nasional Indonesia (RSKKNI) Bidang Manajemen Risiko                                               Surabaya.
                       Perbankan

                       Peluncuran dan Penjelasan Pelaksanaan FIR on ML/TF Tahun      PPATK               20 Agustus      Gedung PPATK,
                       2024                                                                                 2024         Jakarta.

                       FGD Penerapan Sertifikat-el                                   PERBANAS             27 Agustus     Hotel Ayana, Jakarta.
                                                                                                             2024




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                   No.                     Title of Training Attended                     Organizer             Date                  Venue

                         Sosialisasi Komitmen dan Tindak Lanjut Rembuk Nasional        FKDKP                6 September     Online.
                         tanggal 6 Juni 2024 PPATK dan FKDKP                                                    2024

                         Sosialisasi Penerapan Program APU-PPT & PPPSPM di             Allo Bank           12 September     Menara Bank Mega,
                         Lingkungan Mega Corpora                                                               2024         Jakarta.

                         Green Financial Crime International Seminar: Optimizing       Universitas              24          Online.
                         Collaboration in Mitigating and Eradicating Green Financial   Andalas   &          September
                         Crime in Indonesia Toward Indonesia Emas 2045                 PPATK                  2024

                         Komitmen Deklarasi Anti Fraud #ZeroTolerance                  Bank Mega             18 Oktober     Menara Bank Mega,
                                                                                                                2024        Jakarta.

                         Workshop Cyber Risk and Data Privacy Awareness for Top        Bank Mega            23 Oktober      Menara Bank Mega,
                         Level Management Bank Mega                                                            2024         Jakarta.

                         Road to 3rd Indonesia Data Privacy and Protection             PT.      Xynexis     6 November      Indigo Hotel, Bandung.
                         Symposium 2025 (Exchange Sessions & CISO Briefing)            International &         2024
                                                                                       KOMINFO

                         Sosialisasi Ketentuan Perbankan (terkait RPOJK yang           OJK                      OJK         7 November 2024
                         akan berlaku bagi Bank Umum: RPOJK tentang Perluasan
                         Kegiatan Usaha Perbankan, RPOJK tentang Integritas
                         Pelaporan Keuangan, RPOJK Perubahan atas POJK No. 42/
                         POJK.03/2015, dan RPOJK Perubahan atas POJK No. 50/
                         POJK.03/2017)

                         Seminar Nasional: Memerangi Judi Online dan Kejahatan Baru    PPATK                19 November     Hotel Four Seasons,
                         Era Ekonomi Digital 5.0                                                                2024        Jakarta.

                         Live Talkshow kelas Literasi ke-3 dengan tema RUU             PPATK               20 November      Online.
                         Perampasan Aset: Mengapa Harus Tetap Disahkan?                                        2024

                         Sosialisasi Rancangan Peraturan Otoritas Jasa Keuangan        OJK                  2 Desember      Online.
                         (RPOJK) tentang Konglomerasi Keuangan dan Perusahaan                                  2024
                         Induk Konglomerasi Keuangan

                         Focus Group Discussion terkait Penerapan Pengendalian         OJK                  18 Desember     Online.
                         Internal dalam Proses Pelaporan Keuangan Bank                                          2024

                    5.   C. Guntur Triyudianto

                         Mega Leaders Conference 2024 “Refocusing On Business          Bank Mega            18-19 Januari   Bandung.
                         Strategy For Sustainable Growth”                                                       2024

                         Seminar Penyelarasan Manajemen Risiko untuk Direksi:          BARa                  7-8 Maret      Wisma Mandiri I,
                         Meningkatkan Efektivitas Penerapan Manajemen Risiko Untuk                             2024         Jakarta.
                         Mewujudkan Industri Perbankan yang Berkelanjutan

                         Sharing Session: Rancangan Peraturan Pemerintah Tentang       Forum                16 Mei 2024     Hotel Santika Premiere
                         Peraturan Pelaksanaan Undang-Undang Nomor 27 Tahun 2022       Komunikasi                           Slipi, Jakarta.
                         tentang Perlindungan Data Pribadi (RPP PDP)                   Direktur
                                                                                       Operasional
                                                                                       Perbankan
                                                                                       (FKDOP)

                         Sosialisasi Pembayaran kepada Industri PJP/PIP dengan         Bank Indonesia       26 Agustus      Hotel Bidakara, Jakarta.
                         tema Enhancing Fraud Detection Systems to Strengthen                                  2024
                         Cybersecurity Resilience in the Payment System Industry

                         Sosialisasi Penerapan Program APU-PPT & PPPSPM di             Allo Bank           12 September     Auditorium, Menara
                         Lingkungan Mega Corpora                                                               2024         Bank Mega, Jakarta.

                         Komitmen Deklarasi Anti Fraud #ZeroTolerance                  Bank Mega             18 Oktober     Menara Bank Mega,
                                                                                                                2024        Jakarta.

                         Workshop Cyber Risk and Data Privacy Awareness for Top        Bank Mega            23 Oktober      Menara Bank Mega,
                         Level Management Bank Mega                                                            2024         Jakarta.

                    6.   YB. Hariantono

                         Mega Leaders Conference 2024 “Refocusing On Business          Bank Mega            18-19 Januari   Bandung
                         Strategy For Sustainable Growth”                                                       2024

                         Economic Outlook 2024 - Year of Optimism                      CNBC Indonesia       29 Februari     Hotel Ritz-Carlton
                                                                                                               2024         Pacific Place, Jakarta.

                         Tech & Telco Summit 2024 - AI Meets Telco: Reimagining        CNBC Indonesia      5 Maret 2024     Menara Bank Mega,
                         Business in Digital Landscape                                                                      Jakarta.

                         Women Leadership Forum                                        iCIO Community      6 Maret 2024     Habitate, Jakarta.

                         Seminar Penyelarasan Manajemen Risiko untuk Direksi:          BARa                  7-8 Maret      Wisma Mandiri I,
                         Meningkatkan Efektivitas Penerapan Manajemen Risiko Untuk                             2024         Jakarta
                         Mewujudkan Industri Perbankan yang Berkelanjutan




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                                                                             Governance




                No.                      Title of Training Attended                       Organizer          Date                 Venue

                       Google Cloud Leaders Exchange - Melambung Tinggi Bersama       Google Cloud         19 Maret      The Langham, Jakarta.
                       Cloud melalui Transformasi AI                                                         2024

                       iCIO Exchange Goes To Green Data Centre XL Axiata - Secure     iCIO               29 Mei 2024     Data Centre XL Axiata,
                       Credible Insights to Fortify Your Organization’s Strategic     Community &                        Cibitung.
                       Outlook by Prioritizing Data Security Measures                 XL Axiata

                       Phygital Convergence: Elevating Banking Experience             PT. Intikom        17 Juli 2024    Raffles Hotel, Jakarta.
                                                                                      Berlian Mustika

                       Infobank - Backbase Power Breakfast: Unveilling Economic       Infobank           18 Juli 2024    Hotel Indonesia
                       Insight & Strategies For Tomorrows Leaders                                                        Kempinski, Jakarta.

                       Infobank - Backbase Leadership Banking Insights Forum          Infobank           18 Juli 2024    Hotel Indonesia
                       2024 Bertajuk Digital Banking 4.0: Advancing And Growth In                                        Kempinski, Jakarta.
                       Indonesia’s Banking Economy

                       FEKDI x KKI 2024 (Festival Ekonomi Keuangan Digital            Kementerian        1-2 Agustus     Jakarta Convention
                       Indonesia dan Karya Kreatif Indonesia)                         Pariwisata             2024        Center, Jakarta.
                                                                                      dan Ekonomi
                                                                                      Kreatif/Badan
                                                                                      Pariwisata dan
                                                                                      Ekonomi Kreatif

                       Sovereign AI: Empowering Indonesia’s Future (Launching         Kominfo             21 Agustus     Hotel Indonesia
                       Cloudeka GPU Lintasarta)                                                              2024        Kempinski, Jakarta.

                       The Big Idea Forum - The Age of AI: Should We Be Afraid?       CNN Indonesia      30 Agustus      TransMedia Building,
                                                                                                            2024         Jakarta.

                       Focus Group Discussion (The Necessity of Optimized IT          iCIO               11 September    Hotel Fairmont,
                       Strategies, Cutting-edge Security Measures: Innovation,        Community               2024       Jakarta.
                       Challenges and Future Direction)

                       Sosialisasi Penerapan Program APU-PPT & PPPSPM di              Allo Bank         12 September     Menara Bank Mega,
                       Lingkungan Mega Corpora                                                              2024         Jakarta.

                       Komitmen Deklarasi Anti Fraud #ZeroTolerance                   Bank Mega           18 Oktober     Menara Bank Mega,
                                                                                                             2024        Jakarta.

                       Workshop Cyber Risk and Data Privacy Awareness for Top         Bank Mega          23 Oktober      Menara Bank Mega,
                       Level Management Bank Mega                                                           2024         Jakarta.

                       Prima Executive Gathering 2024: Leveraging Collaboration for   PT. Rintis         24 Oktober      The Meru Sanur, Bali.
                       Optimal Performance and Cyber Resilience                       Sejahtera             2024

                       Executive Leadership Forum and iCIO Awards 2024: Adapting      iCIO               6 November      Thamrin Nine Ballroom,
                       To Uncertainty: Empowering Business Resilience in A Dynamic    Community             2024         Jakarta.
                       Era

                       Program iCIO Traveler Goes to Bali Becoming A Cyber-           iCIO                  21-23        Bali.
                       Resilient Organization: Challenges and Roadmaps                Community           November
                                                                                                            2024

                       The Future of Corporate Banking and Multiplatform Threat       Comarch            3 Desember      Kempinski Hotel,
                       Protection for Banking Security                                                      2024         Jakarta.

                 7.    Madi Darmadi Lazuardi

                       Mega Leaders Conference 2024 “Refocusing On Business           Bank Mega          18-19 Januari   Bandung.
                       Strategy For Sustainable Growth”                                                      2024

                       Economic Outlook 2024 - Year of Optimism                       CNBC Indonesia     29 Februari     Hotel Ritz-Carlton
                                                                                                            2024         Pacific Place, Jakarta.

                       Seminar Penyelarasan Manajemen Risiko bagi Direksi:            BARa                   4-5         Mandiri Club, Jakarta.
                       Meningkatkan Efektivitas Penerapan Manajemen Risiko untuk                          September
                       Mewujudkan Industri Perbankan yang Berkelanjutan                                     2024

                       Sosialisasi Penerapan Program APU-PPT & PPPSPM di              Allo Bank         12 September     Menara Bank Mega,
                       Lingkungan Mega Corpora                                                              2024         Jakarta.

                       Komitmen Deklarasi Anti Fraud #ZeroTolerance                   Bank Mega           18 Oktober     Menara Bank Mega,
                                                                                                             2024        Jakarta.

                       Workshop Cyber Risk and Data Privacy Awareness for Top         Bank Mega          23 Oktober      Menara Bank Mega,
                       Level Management Bank Mega                                                           2024         Jakarta.




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                   No.                     Title of Training Attended                     Organizer            Date                  Venue

                    8.   Martin Mulwanto

                         Mega Leaders Conference 2024 “Refocusing On Business           Bank Mega          18-19 Januari   Bandung.
                         Strategy For Sustainable Growth”                                                      2024

                         Economic Outlook 2024 - Year of Optimism                       CNBC Indonesia     29 Februari     Hotel Ritz-Carlton,
                                                                                                              2024         Pacific Place, Jakarta.

                         Seminar Penyelarasan Manajemen Risiko untuk Direksi:           BARa                7-8 Maret      Wisma Mandiri I,
                         Meningkatkan Efektivitas Penerapan Manajemen Risiko Untuk                            2024         Jakarta.
                         Mewujudkan Industri Perbankan yang Berkelanjutan

                         Kegiatan Silaturahmi Gubernur Bank Indonesia dengan            Bank Indonesia     8 Mei 2024      Bank Indonesia,
                         Asosiasi Pasar Uang dan Pasar Valuta Asing Indonesia                                              Jakarta.
                         (APUVINDO)

                         PPL Online WPPE: Kupas Tuntas Future di Pasar Modal            TICMIEDU             14-25         Online.
                         Indonesia                                                                        Agustus 2024

                         2024 J.P. Morgan Investment Forum - Road to Indonesia’s        J.P. Morgan        4 September      Hotel St. Regis,
                         Golden 2045 Vision                                                                    2024        Jakarta.

                         Sosialisasi Penerapan Program APU-PPT & PPPSPM di              Allo Bank         12 September     Menara Bank Mega,
                         Lingkungan Mega Corpora                                                              2024         Jakarta.

                         Workshop Cyber Risk and Data Privacy Awareness for Top         Bank Mega          23 Oktober      Menara Bank Mega,
                         Level Management Bank Mega                                                           2024         Jakarta.


                 Assessment on             the    Board      of    Directors         Assessment on the Performance of the
                 Performance                                                         Committees under the Board of Directors
                 The Board of Directors Performance Assessment                       As outlined in the Board Manual, the Board of
                 is conducted once a year with reference to the                      Directors may establish committees to enhance the
                 provisions stipulated in the Decree of the Board                    effectiveness of their duties and responsibilities.
                 of Commissioners No. 014/DEKOM/XII/16 dated                         In line with this, the Board of Directors is required
                 December 23, 2016 concerning Self-Assessment                        to evaluate each committee’s performance at the
                 of the Board of Commissioners and Board of                          end of the financial year. As of December 31, 2024,
                 Directors, and Succession in the Board of Directors                 eight committees have been formed under the
                 Nomination Process, and/or the Decree of the Board                  Board of Directors, including the Risk Management
                 of Commissioners No. 011/DEKOM/XI/23 dated                          Committee, Asset and Liability Committee (ALCO),
                 November 13, 2023 concerning the Work Guidelines                    Credit Policy Committee, Information Technology
                 and Rules of Procedure of the Remuneration and                      Steering Committee, Human Resources Committee,
                 Nomination Committee. The Board of Directors                        Product Committee, Crisis Management Committee,
                 Assessment is conducted in accordance with                          and Credit Committee.
                 the established criteria which include duties
                 and responsibilities in accordance with related                     Overall, the Board of Directors considers these
                 regulations. Self-Assessment is followed by the                     eight committees to have effectively fulfilled their
                 implementation of succession in the nomination                      duties and responsibilities throughout 2024. A more
                 process for Members of the Board of Directors. This is              detailed explanation of their implementation can
                 part of the process of preparing for the sustainability             be found in the Committees Under the Board of
                 of leadership by obtaining potential candidates to                  Directors section.
                 occupy the position of Directors. Ultimately, the
                 selected potential candidates will be nominated as
                 Members of the Board of Directors to the Board of
                 Commissioners.




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               Transparency of Information related
               to the Board of Commissioners and
               the Board of Directors

               DIVERSITY OF THE COMPOSITION OF                          Career and experience
               THE BOARD OF COMMISSIONERS AND                           Members of the Board of Commissioners are
               BOARD OF DIRECTORS                                       experienced in the financial and banking industry,
                                                                        with various careers that have been undertaken, such
               The management of Bank Mega firmly believes              as Chairman of the National Economic Committee
               that diversity within the composition of the Board       and Coordinating Minister for the Economy, Special
               of Commissioners and Board of Directors brings a         Staff of the Ministry, and have been key persons in
               breadth of perspectives, backgrounds, experiences,       various leading banks in Indonesia.
               and expertise, all of which collectively enhance the
               depth and quality of business decisions. Furthermore,    Board of Directors Diversity
               the composition of the Board of Commissioners and        Similar to the Board of Commissioners, the Board of
               Board of Directors adheres to prevailing regulations,    Directors of Bank Mega also embodies diversity in
               particularly POJK No. 33/POJK.04/2014, which             alignment with the provisions set forth in POJK No.
               mandates that members of the Board must possess          17 of 2023.
               knowledge and/or expertise relevant to the needs
               of the Issuer or Public Company. Additionally, POJK      Educational Background
               No. 17 of 2023 stipulates that the appointment           Members of the Board of Directors have various
               and/or replacement of members of the Board of            educational backgrounds, from S1 to S2 from within
               Commissioners and Board of Directors must prioritize     and outside the country, with various majors such
               a composition that is professional, independent,         as engineering, geology, economics, business
               alignment of competencies, and diversity. This           administration management, and law.
               diversity encompasses various aspects, including
               career     background,      professional  experience,    Age
               educational qualifications, and gender representation.   Members of the Board of Directors consist of various
                                                                        ages, between 55 years to 62 years, which reflects
               Diversity of the Board of Commissioners                  a long and proven track record of experience in the
               In accordance with POJK No. 17 of 2023, the diversity    financial and banking industry.
               of the Board of Commissioners can be assessed
               from four aspects: background, age, career and           Career and experience
               experience, and gender.                                  Members of the Board of Directors are experienced
                                                                        in the financial and banking industry with various
               Educational background                                   careers that have been undertaken such as at Bank
               Members of the Board of Commissioners of Bank            Indonesia and becoming key persons in leading
               Mega have diverse educational backgrounds,               financial and banking institutions with reliable
               from S1 to S3, from within and outside the country       competence.
               with various majors such as dentistry, economics,
               management and law.                                      Gender
                                                                        Members of the Board of Directors number 8 people,
               Age                                                      consisting of 6 men and 2 women, so that the ratio
               The age range of members of the Board of                 of female members of the Board of Directors to the
               Commissioners, ranging from 63 years to 79 years,        total members of the Board of Directors is 25%. In
               reflects a long track record of experience in the        addition, the two female members of the Board
               financial and banking industry.                          of Directors were appointed as Deputy President
                                                                        Directors of Bank Mega.




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                 CONCURRENT POSITIONS OF THE                              NOMINATION AND REMUNERATION OF
                 BOARD OF COMMISSIONERS AND                               THE BOARD OF COMMISSIONERS AND
                 BOARD OF DIRECTORS                                       THE BOARD OF DIRECTORS

                 In matters of concurrent positions, the Board of         The appointment of members of the Board of
                 Commissioners and Board of Directors of Bank             Commissioners and the Board of Directors, as well as
                 Mega remain fully committed to complying with            the determination of their remuneration, falls under
                 applicable laws, regulations, and requirements set       the authority of shareholders through the General
                 forth by regulatory authorities. Detailed explanations   Meeting of Shareholders (GMS) mechanism.
                 regarding the concurrent positions held by each
                 member of the Board of Commissioners and Board           Nomination of the Board of Commissioners and the
                 of Directors are provided in their respective profiles   Board of Directors
                 within the Company Profile section of this Annual        The nomination process for the Board of
                 Report.                                                  Commissioners and Board of Directors is governed
                                                                          by the Decree of the Board of Commissioners No.
                 PERFORMANCE ASSESSMENT OF THE                            SK.012/DEKOM/XI/23 dated November 13, 2023,
                 BOARD OF COMMISSIONERS AND THE                           concerning the Nomination Policy for the Board
                 BOARD OF DIRECTORS                                       of Commissioners and Members of the Board of
                                                                          Directors.
                 In accordance with the Board Manual, the Board
                 of Commissioners implements a self-assessment            The nomination mechanism for members of the
                 policy to evaluate the performance of both               Board of Commissioners and the Board of Directors
                 the Board of Commissioners and the Board of              is structured as follows:
                 Directors. This policy is outlined in the Decree of      1. The Remuneration and Nomination Committee
                 the Board of Commissioners No. 014/DEKOM/                     holds a discussion meeting, documented in
                 XII/16 dated December 23, 2016, regarding the                 the minutes, which includes the rationale,
                 Self-Assessment of the Board of Commissioners                 considerations, and qualifications of the
                 and the Board of Directors and the Succession                 proposed candidates, including their track
                 Process in the Nomination of the Board of Directors.          records.
                 It is also regulated in the Decree of the Board          2. The Remuneration and Nomination Committee
                 of Commissioners No. 011/DEKOM/XI/23 dated                    provides written notification to the Board of
                 November 13, 2023, concerning the Work Guidelines             Commissioners regarding the candidates for the
                 and Rules of Procedure of the Remuneration and                Board of Commissioners and/or the Board of
                 Nomination Committee.                                         Directors.
                                                                          3. The Board of Commissioners, after considering
                 Board of Commissioners Performance Assessment                 the recommendations from the Remuneration
                 The Board of Commissioners performance assessment             and Nomination Committee, submits the
                 is carried out in accordance with the established             proposal to the shareholders for discussion in
                 criteria, which include duties and responsibilities in        the General Meeting of Shareholders (GMS).
                 accordance with related regulations, and is carried      4. The GMS decision regarding the composition
                 out 1 (one) time in 1 (one) year.                             of the Board of Commissioners and/or Board of
                                                                               Directors is formalized in the Deed of Minutes or
                 Board of Directors Performance Assessment                     GMS Resolutions and reported to the Financial
                 The Board of Directors performance assessment                 Services Authority (OJK) no later than 10 (ten)
                 is carried out in accordance with the established             days after the GMS. The resolution must also
                 criteria, which include duties and responsibilities           be reported to the Ministry of Law and Human
                 in accordance with related regulations. Self-                 Rights through a notary no later than 30 (thirty)
                 Assessment is followed by the implementation of               days after the deed’s issuance.
                 succession in the nomination process for members of      5. Members of the Board of Commissioners and/
                 the Board of Directors. This is part of the process of        or the Board of Directors approved by the GMS
                 preparing for leadership sustainability by obtaining          must undergo a Fit and Proper Test conducted
                 potential candidates to occupy the position of Board          by OJK.
                 of Directors.




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               Implementation of Remuneration Governance
               The implementation of remuneration governance at Bank Mega is regulated under the Board of Directors
               Decree No. SK.093/DIRBM/22 dated November 24, 2022, concerning Remuneration Governance at PT Bank
               Mega, Tbk. This policy has been in effect since January 1, 2017, in accordance with the provisions set forth in OJK
               Regulation No. 45/POJK.03/2015 dated December 23, 2015, and OJK Circular Letter No. 40/SEOJK.03/2016
               dated September 26, 2016, on the Implementation of Governance in Remuneration for Commercial Banks.
               These provisions have applied to remuneration calculations since 2017, with payments made in 2018.

               Remuneration of the Board of Commissioners and Directors
               The Board of Commissioners and Directors receive the following remuneration and facilities packages:

                                                                                               Board of Commissioners                 Board of Directors
                 No                       Type of Income/ Facilities
                                                                                                Person          Rp Million           Person          Rp Million
                  1     Remuneration (Salary, bonuses, routine allowances, tantiem,                       4            27,154                    8         77,425
                        and other facilities in non-kind form)
                  2     Other facilities in kind (housing, health insurance, etc.) that:
                        • Can be owned                                                                    4               115                    8             163
                        • Cannot be owned
                Total                                                                                                  27,269                              77,588



               Meanwhile, the remuneration package categorized by income levels received by members of the Board of
               Commissioners and the Board of Directors over a period of one year is as follows:

                Total Remuneration per Person in 1 (one)
                                                                             Number of Directors                     Number of the Board of Commissioners
                                Year*)
                Above Rp2 billion                                                       8                                                  4
                Above Rp1 billion - Rp2 billion                                         -                                                  -
                Above Rp500 million - Rp1 billion                                       -                                                  -
                Rp500 million and below                                                 -                                                  -


               The number of members of the Board of Commissioners, Directors and employees who receive variable
               remuneration for 1 (one) year and the total nominal amount is as follows:

                                                            Board of Commissioners                 Board of Directors                          Employees
                 No          Variable Remuneration
                                                             Person          Rp Million         Person          Rp Million           Person          Rp Million
                  1     TOTAL                                    -                -                 -                 -                -                   -



               Remuneration for Risk Takers
               The following table explains the composition and number of parties holding positions as Material Risk Takers
               (MRT) as of December 31, 2024

                                              MRT Position                                                             Number of MRT
                Board of Commissioners                                                                                           4
                Board of Directors                                                                                               8
                Group Head                                                                                                       6
                Regional Head                                                                                                    8
                Selective Division Head*                                                                                        21

               *Selective Division Heads categorized as MRT can be adjusted annually based on Management Decision.




               The amount of MRT remuneration given in 1 (one) year is as follows:

                 A.     Fixed Remuneration *)                                                                                Rp Million
                        1.   Cash                                                                                            Rp183.866
                        2. Shares/share-based instruments issued by the Bank                                                     -



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                    B.     Variable Remuneration *)                                                  Not Deferred                          Deferred
                           1.   Cash                                                                         -                                   -
                                • BOD - BOC - Committee of Experts (2018-2021)                               -                                   -
                                • MRT Employee (2021-2023)                                                   -                                   -
                           2. Shares/share-based instruments issued by the Bank


                 Variable remuneration for Material Risk Takers is given in cash (100%) with a deferral period carried out in
                 stages over a period of 3 (three) years which is given on a pro rata basis with a scheme according to the table
                 below:

                     Material Risk Takers
                                                     Direct Payment        1st year payment              2nd year payment               3rd year payment
                           (MRT)
                   Board of Commissioners
                                                           80%                    6.66%                          6.66%                           6.66%
                   Board of Directors

                   Group Head

                   Regional Head                           85%                      5%                             5%                                5%

                   Selective Division Head



                 The deferred bonus payment for the 1st year is paid in the following year after the direct payment and so on
                 until the payment for the 3rd year.

                                                                                                 Total Reduction During Reporting Period
                           Types of Variable            Remaining Pending Amount
                            Remuneration                       (Rp Million)                   Due to Explicit                         Due to Implicit
                                                                                              Adjustment (A)                          Adjustment (B)
                   Cash (Rp Million)                              11,688

                   Shares/Share-based
                   instruments issued by the
                   Bank (in share certificates and
                                                                      -                              -                                       -
                   nominal millions of Rupiah
                   which is the conversion of the
                   share certificates)

                   Total                                          11,688


                 Other Quantitative Information
                 Other quantitative information related to the Highest and Lowest Salary Ratio in the Bank and the number of
                 employees affected by termination of employment and the total nominal severance pay paid by Bank Mega in
                 2024 are as follows:

                                               Description                                                                Ratio
                   a. Highest and Lowest Employee Salary Ratio                                                           41.28 : 1

                   b. Highest and Lowest Director Salary Ratio                                                               3:1

                   c. Highest and Lowest Board of Commissioners Salary Ratio                                              4.26 : 1

                   d. Highest Director Salary Ratio and Highest Employee Salary                                           4.38 : 1
                      Ratio


                  Nominal Amount of Severance Pay Paid per Person in 1 (one) year                            Number of Employees
                   Above IDR1 Billion                                                                                             0

                   Between IDR 500 million to IDR1 Billion                                                                        1

                   Up to IDR500 Million                                                                                      357




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               Committees Under
               The Board of Commissioners


               In carrying out the Bank’s supervisory functions and                      4.    Decree of the Board of Commissioners No.
               duties, the Board of Commissioners is assisted by                               009/DEKOM/XI/23 dated November 13, 2023
               Committees under the Board of Commissioners. This                               concerning the Audit Committee Charter.
               is in accordance with the Board of Commissioners
               Charter (Board Manual) which states that the Board                        Audit Committee Charter
               of Commissioners shall establish an Audit Committee,                      The Audit Committee Charter was prepared based
               Risk Monitoring Committee, and Remuneration and                           on POJK No.55/POJK.04/2015 on the Establishment
               Nomination Committee in order to support the                              and Work Implementation Guidelines of Audit
               effectiveness of the implementation of its duties and                     Committee, and Bank Mega’s Articles of Association.
               responsibilities.                                                         The Audit Committee Charter was signed by the
                                                                                         Board of Commissioners on November 13, 2023, and
                                                                                         regulates among others:
               AUDIT COMMITTEE                                                           1. Composition,    structure     and    membership
                                                                                             requirements;
               The Audit Committee is a Committee established                            2. Duties and responsibilities, and authorities;
               under and accountable to the Board of                                     3. Rules of procedure;
               Commissioners, tasked with supporting the Board                           4. Meetings, quorum and decision-making,
               in overseeing audit-related matters. In fulfilling                        5. Term of office of independent Committee
               its responsibilities, the Audit Committee provides                            members;
               independent opinions on issues requiring the Board                        6. Performance evaluation mechanism; and
               of Commissioners’ attention, ensuring alignment                           7. Review period of guidelines and work rules.
               with governance principles and applicable laws and
               regulations.                                                              Organizational Structure and Composition
                                                                                         Bank Mega Audit Committee Charter regulates the
               Legal Basis for Establishment                                             structure and membership of the Audit Committee,
               1.   Financial Services Authority Regulation No. 17 of                    which is appointed and dismissed by the Board of
                    2023 dated September 14, 2023 concerning the                         Commissioners and is responsible to the Board of
                    Implementation of General Bank Governance.                           Commissioners.
               2.   Financial Services Authority Regulation No.
                    55/POJK.04/2015 dated December 23, 2015                              The Audit Committee consists of 3 (three) members,
                    concerning the Establishment and Guidelines for                      with the composition of membership at the end of
                    the Implementation of the Audit Committee.                           2024 consisting of 1 (one) Independent Commissioner
               3.   Decree of the Board of Directors No. SK. 111/                        as Chairperson and member and 2 (two) members of
                    DIRBM/23 dated August 31, 2023 concerning the                        the Audit Committee from independent parties, with
                    Audit Committee of PT Bank Mega Tbk.                                 the following composition:

                         Name                 Position        Appointment Date         Areas of expertise              Concurrent Position
                Hizbullah*                 Chairman          01 September 2023         Banking               Independent Commissioner of PT Bank
                                                                                                             Mega Tbk

                Purwo Junianto             Member            01 September 2023         Finance &             -
                                                                                       Banking

                Ivan Purnama Sanoesi       Member            01 September 2023         Finance &             a. Member of the Risk Monitoring
                                                                                       Banking                  Committee of PT Bank Hibank Indonesia
                                                                                                                (Member of BNI)
                                                                                                             b. Member of the Audit Committee of
                                                                                                                PT Bank SMBC Indonesia Tbk
                                                                                                             c. Member of the Risk Monitoring
                                                                                                                Committee of PT Bank Ina Perdana Tbk
                                                                                                             d. Member of the Risk Monitoring
                                                                                                                Committee of PT BCA Digital

               * Appointed as Chairman of the Audit Committee replacing Lambock V. Nahattands on August 31, 2023


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                 The Bank Mega Audit Committee is chaired by an Independent Commissioner who also serves as a member,
                 with the following organizational structure:


                                                                    Committee Chairman
                                                                 Independent Commissioner




                                            Member                                                      Member
                         Independent Members who have expertise                       Independent Members who have expertise
                            in the field of finance or accounting                           in the field of law or banking



                 The implementation of duties and responsibilities                  the adequacy of internal control including the
                 of Bank Mega Audit Committee is stipulated in                      adequacy of the financial reporting process.
                 the Decree of Board of Commissioners No. 009/                 2.   The monitoring and evaluation above are at least
                 DEKOM/XI/23 dated November 13, 2023 on Audit                       carried out on:
                 Committee Charter. The Charter was updated based                   a. Implementation of the duties of the Internal
                 on the prevailing OJK regulations.                                     Audit Work Unit.
                                                                                    b. Compliance of the implementation of
                 Independence of the Audit Committee                                    audits by the Public Accounting Firm with
                 In carrying out its duties, the Audit Committee                        applicable audit standards.
                 must be independent. Each member of the Audit                      c. Implementation of follow-up actions by the
                 Committee has met the following independence                           Board of Directors on the findings of the
                 criteria:                                                              Internal Audit Work Unit, public accountants,
                 11. Is not a person who works or has the authority                     and the results of supervision by Bank
                      and responsibility to plan, lead, control,                        Indonesia and the Financial Services Authority
                      supervise the activities of the Bank within the                   in order to provide recommendations to the
                      last 6 (six) months, except for the Independent                   Board of Commissioners.
                      Commissioner.                                            3.   Recommending the appointment of Public
                 2. Does not have direct or indirect shares in the                  Accountants and Public Accounting Firms to
                      Bank.                                                         conduct annual financial report audits to the
                 3. Does not have an affiliated relationship with the               Board of Commissioners.
                      Bank, members of the Board of Commissioners,             4.   Evaluating the implementation of annual financial
                      members of the Board of Directors, or Major                   report audits by the Public Accounting Firm.
                      Shareholders of the Bank; and                            5.   Provide recommendations to the Board of
                 4. Does not have a direct or indirect business                     Commissioners regarding the appointment of an
                      relationship related to the Bank’s business                   independent quality controller from an external
                      activities.                                                   party to conduct a review of internal audit
                                                                                    performance.
                 All members of the Audit Committee have signed an             6.   Provide recommendations for the termination
                 Independent Statement letter documented by the                     and appointment of the Head of the Internal
                 Corporate Secretary.                                               Audit Work Unit.

                 Duties and Responsibilities of the Audit                      Profile of Audit Committee Members
                 Committee                                                     The complete profile of Audit Committee members
                 The Audit Committee has fulfilled its duties                  can be seen in the Profile of Board of Commissioners
                 and responsibilities by providing independent,                Members and Profile of Non-Commissioners
                 professional opinions on reports and other                    Committee Members, in the Company Profile chapter
                 information submitted by the Board of Directors.              in this Annual Report.
                 Additionally, it identifies key issues that require the
                 attention of the Board of Commissioners, including:           Audit Committee Meetings and Attendance
                 1. Monitoring and evaluating the planning and                 Bank Mega Audit Committee held regular meetings
                     implementation of audits and monitoring the               at least 1 (one) time in 1 (one) month, in accordance
                     follow-up of audit results in order to assess             with the provisions in the Audit Committee Charter
                                                                               and POJK No.17 of 2023. In addition, the meeting



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               can only be held if attended by at least 50% (fifty percent) of the total members. During 2024, the Audit
               Committee held 20 (twenty) meetings, which were attended by all committee members. The results of the
               Audit Committee Meeting decisions are set forth in a meeting minutes and well documented.

               Audit Committee Meeting Attendance Data 2024
                  No                  Name of Meeting Participants                          Meeting Attendance            Attendance Percentage
                  1.    Hizbullah                                                            20 (Twenty) times                      100%

                  2.    Purwo Junianto                                                       20 (Twenty) times                      100%

                  3.    Ivan Purnama Sanoesi                                                 20 (Twenty) times                      100%

                Total Meetings During the Year                                              20 (Twenty) times


               Audit Committee Meeting Agenda

                No.              Date                                                          Agenda
                  1    23 January 2024         Evaluasi Rencana Kerja dan Anggaran IADT PT Bank Mega Tbk Tahun 2024

                  2    23 January 2024         1. Evaluation of the Results of the Implementation of IADT Tasks of PT Bank Mega Tbk for the Period
                                                  of Semester II of 2023.
                                               2. Evaluation of the Implementation of the Board of Directors’ Follow-up on Internal and External
                                                  Audit Findings in Semester II of 2023.

                  3    24 January 2024         1. Closing Meeting with External Audit (KAP AAJ/RSM Indonesia).
                                               2. Presentation of the implementation of the Audit for the Fiscal Year 2023.

                 4     27 February 2024        Evaluation of the Results of the Implementation of IADT Tasks of PT Bank Mega Tbk for the period
                                               of January 2024.

                  5    21 March 2024           Evaluation of the Results of the Implementation of IADT Tasks of PT Bank Mega Tbk for the period
                                               of February 2024.

                  6    19 April 2024           Evaluation of the Results of the Implementation of the Audit of the Financial Statements of PT Bank
                                               Mega Tbk by the Public Accounting Firm (KAP) for the Fiscal Year 2023.

                  7    19 April 2024           Evaluation of the Audit Report for Quarter I/2024.

                  8    17 May 2024             Evaluation of the Conformity of the Financial Statements of PT Bank Mega Tbk with Accounting
                                               Standards for the positions of March 31, 2024 and December 31, 2023.

                  9    29 May 2024             Evaluation of the Audit Report April 2024.

                 10    26 June 2024            Evaluation of the Audit Report May 2024.

                 11    24 July 2024            1. Evaluation of the Results of the Implementation of the IADT Tasks of PT Bank Mega Tbk Semester
                                                  I of 2024.
                                               2. Evaluation of the Implementation of the Board of Directors’ Follow-up on Internal and External
                                                  Audit Findings Semester I of 2024.

                 12    31 July 2024            Evaluation of the Conformity of the Financial Report of PT Bank Mega Tbk with Accounting Standards
                                               for the positions of June 30, 2024 and December 31, 2023.

                 13    13 August 2024          Internal Fraud at the Medan Regional Operations Center.

                 14    28 August 2024          Evaluation of Audit Report July 2024.

                 15    18 September 2024       Proposal for Appointment of Public Accounting Firm (KAP) for Fiscal Year 2024.

                 16    25 September 2024       Evaluation of Audit Report August 2024.

                 17    23 October 2024         Evaluation of Audit Report September 2024.

                 18    20 November 2024        Kick off Meeting with External Audit (KAP) for Implementation of Financial Statement Audit for Fiscal
                                               Year 2024.

                 19    04 December 2024        Recommendation for Termination and Appointment of Head of Internal Audit Work Unit (IADT) of
                                               PT Bank Mega Tbk

                 20    04 December 2024        Evaluation of Audit Report October 2024



               2024 Training
               In 2024, members of the Audit Committee have attended various training programs. Training programs for
               Audit Committee members can be seen in the Profiles of Board of Commissioners Members and Profiles of
               Non-Commissioners Committee Members, in the Company Profile chapter in this Annual Report.




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                 Audit Committee Work Program and Work Realization
                 Throughout 2024, the Audit Committee has conducted discussions and provided recommendations on various
                 key activities undertaken by the Bank, including:

                      No                  Work Program                                                   Work Realization
                      1.     Evaluate the Annual Audit Work Plan          An evaluation of the 2024 IADT Annual Audit Work Plan (RKAT) has been
                             (RKAT) of IADT 2024.                         carried out.

                      2.     Evaluate the conformity of PT Bank Mega      An evaluation has been carried out on the conformity of the financial statements
                             Tbk’s financial statements with accounting   of PT Bank Mega Tbk with accounting standards.
                             standards.

                      3.     Evaluate the results of the audit            An evaluation has been carried out on the results of the audit implementation of
                             implementation of PT Bank Mega Tbk by        PT Bank Mega Tbk by KAP for the 2024 financial year.
                             the Public Accounting Firm.

                      4.     Make      recommendations    for    the      A recommendation has been made for the appointment of a Public Accounting
                             appointment of a Public Accounting Firm      Firm to audit the financial statements for the 2024 financial year.
                             for the 2024 financial year.

                      5.     Evaluate the results of the internal audit   An evaluation has been carried out on the results of the implementation of
                             implementation and the adequacy of the       internal audits and the adequacy of audit reporting. The implementation is by
                             audit reporting for the 2024 audit year.     evaluating the monthly internal audit reports and stating them in the Minutes of
                                                                          the Review Meeting, to be submitted to the Board of Commissioners.

                      6.     Evaluate the implementation of the Board     An evaluation has been carried out on the implementation of follow-up actions
                             of Directors’ follow-up on internal and      for improvement by the Board of Directors regarding internal and external audit
                             external audit findings.                     findings.

                      7.     Make      Recommendations        for   the   A recommendation has been made for the Termination & Appointment of the
                             Termination & Appointment of the Head        Head of the Internal Audit Work Unit of PT Bank Mega Tbk.
                             of the Internal Audit Work Unit of PT Bank
                             Mega Tbk




                 RISK MONITORING COMMITTEE                                                Risk Monitoring Committee Charter
                                                                                          Bank Mega has had a Risk Monitoring Committee
                 The Risk Monitoring Committee is a body                                  Charter signed by the Board of Commissioners of
                 established under and accountable to the Board                           Bank Mega on November 13, 2023, by referring to
                 of Commissioners, tasked with assisting in the                           POJK No. 17 Year 2023 on the Implementation of
                 oversight function and providing recommendations                         Governance for Commercial Banks, and SEOJK
                 to the Board of Directors. Its role is to ensure that                    No. 34/SEOJK.03/2016 on the Implementation
                 the Bank’s risk management implementation                                of Risk Management for Commercial Banks. The
                 adheres to adequate procedures and methodologies,                        Risk Monitoring Committee Charter has also been
                 allowing risks to be effectively controlled within the                   uploaded on the Bank’s website.
                 predetermined limits.
                                                                                          The Risk Monitoring Committee Charter regulates
                 Legal Basis for Establishment                                            among others:
                 1.        Financial Services Authority Regulation No. 17 of              •  Composition,    structure     and     membership
                           2023 dated September 14, 2023 concerning the                      requirements;
                           Implementation of General Bank Governance.                     •  Duties and responsibilities, as well as authority,
                 2.        Financial Services Authority Regulation No. 18/                •  Committee rules, meetings, quorum and decision
                           POJK.03/2016 dated March 16, 2016 concerning                      making.
                           the Implementation of Risk Management for                      •  Term of office of Committee members from
                           General Banks.                                                    independent parties;
                 3.        Decree of the Board of Directors No. SK. 025/                  •  Performance evaluation mechanism, review
                           DIRBM/22 dated February 25, 2022 concerning                       period, and work order.
                           the Risk Monitoring Committee of PT Bank Mega
                           Tbk.                                                           Number and Composition of Risk Monitoring
                 4.        Decree of the Board of Commissioners No.                       Committee Members
                           010/DEKOM/XI/23 dated November 13, 2023                        The Risk Monitoring Committee consists of 3 (three)
                           concerning the Risk Monitoring Committee                       members, with the composition of membership at
                           Charter.                                                       the end of 2024 consisting of 1 (one) Independent
                                                                                          Commissioner as Chairperson and member and 2




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               (two) members from independent parties, with the following composition:

                         Name               Position          Appointment Date          Area of Expertise             Concurrent Position
                Achjadi Ranuwisastra        Chairman               1 March 2022         Perbankan           1. Independent Commissioner of PT
                                                                                                               Bank Mega Tbk
                                                                                                            2. Chairman of the Committee at PT
                                                                                                               Bank Mega Tbk:
                                                                                                               • Remuneration and Nomination
                                                                                                                  Committee
                                                                                                               • Integrated Governance
                                                                                                                  Committee
                                                                                                               • Risk Monitoring Committee

                Iramady Irdja               Member                 1 March 2022         Finance                                -

                Adrial Salam                Member                 1 March 2022         Risk Management                        -



               The Risk Monitoring Committee consists of at least 3 (three) members, one of whom is a concurrent Commissioner
               and 2 (two) members of the Risk Monitoring Committee from independent parties with expertise in Finance
               and Risk Management.

               The Bank’s Risk Monitoring Committee is chaired by an Independent Commissioner, concurrently a member,
               with the following structure:


                                                                       Committee Chairman
                                                                    Independent Commissioner




                                      Member                                                                  Member
                   Independent Party Members who have expertise                            Independent Party Member who has expertise
                               in the field of finance                                           in the field of Risk Management




               Independence            of    the       Risk        Monitoring          opinions and recommendations to the Board of
               Committee                                                               Commissioners regarding the Risk Management
               All members of the Risk Monitoring Committee are                        Policy and its implementation, namely:
               independent parties with no financial, managerial,                      1. Evaluating the suitability between the risk
               share ownership, and/or family relationships with the                       management policy and the implementation of
               Board of Commissioners, Board of Directors, and/                            the policy.
               or Controlling Shareholders, nor any affiliations with                  2. Monitoring and evaluating the implementation of
               the Bank that could compromise their ability to act                         the duties of the Risk Management Committee
               independently. None of the independent members of                           and the Risk Management Work Unit in order
               the Committee are former members of the Board of                            to provide recommendations to the Board of
               Directors or former executive officers from the same                        Commissioners.
               bank.
                                                                                       Profile of Risk Monitoring Committee Members
               All members of the Risk Monitoring Committee have                       The profiles of the members of the Risk Monitoring
               signed an Independent Statement letter documented                       Committee can be found in the Profiles of Board
               by the Corporate Secretary.                                             of Commissioners Members and Profiles of Non-
                                                                                       Commissioners Committee Members, in the Company
               Duties and Responsibilities                    of    the    Risk        Profile chapter of this Annual Report.
               Monitoring Committee
               The Risk Monitoring Committee has assisted in the                       Meetings and Attendance at Risk Monitoring
               implementation of the supervisory and coaching                          Committee Meetings
               functions by the Board of Commissioners towards                         POJK No.17 of 2023 stipulates that the Risk Monitoring
               the Board of Directors and its staff in terms of                        Committee shall hold a meeting at least 1 (one) time
               implementing risk management by providing                               in 1 (one) month. This is in line with the provisions in



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                 Bank Mega’s Risk Monitoring Committee Charter which stipulates that the Risk Monitoring Committee meeting
                 is held periodically at least 1 (one) time in 1 (one) month, with the condition that it must be attended by majority
                 or more than 1/2 of the members. During 2024, the Risk Monitoring Committee held 13 (thirteen) meetings,
                 which were attended by all Committee members. The decisions of the Risk Monitoring Committee Meetings are
                 set out in the minutes of the meetings and are well documented.

                 Attendance of the 2024 Risk Monitoring Committee Meeting
                    No                 Name of Meeting Participants                            Meeting Attendance              Attendance Percentage
                     1.    Achjadi Ranuwisatra                                                  13 (thirteen) times                     100%

                     2.    lramady lrdja                                                        13 (thirteen) times                     100%

                     3.    Adrial Salam                                                         13 (thirteen) times                     100%

                   Total Meetings During the Year                                               13 (thirteen) times


                 Risk Monitoring Committee Meeting Agenda 2024
                    No.             Date                                                            Agenda
                     1     31 January 2024          Risk Profile Evaluation Quarter IV/2023

                     2     02 February 2024         Risk Management Implementation Evaluation in 2023

                     3     27 February 2024         Risk Profile Evaluation Period January 2024

                     4     26 March 2024            Risk Profile Evaluation Period February 2024

                     5     24 April 2024            Risk Profile Evaluation Quarter I/2024

                     6     22 May 2024              Risk Profile Evaluation Period April 2024

                     7     26 June 2024             Risk Profile Evaluation Period May 2024

                     8     22 July 2024             Risk Profile Evaluation Quarter II/2024

                     9     21 August 2024           Risk Profile Evaluation Period July 2024

                    10     27 September 2024        Risk Profile Evaluation Period August 2024

                     11    18 October 2024          Risk Profile Evaluation Quarter II/2024

                    12     22 November 2024         Risk Profile Evaluation Period October 2024

                    13     20 December 2024         Risk Profile Evaluation Period November 2024



                 2024 Training
                 In 2024, members of the Risk Monitoring Committee have attended various training programs. Training programs
                 for members of the Risk Monitoring Committee can be seen in the Profiles of Board of Commissioners Members
                 and Profiles of Non-Commissioners Committee Members, in the Company Profile chapter of this Annual Report.

                 Risk Monitoring Committee Work Program and Work Realization
                 During 2024, the Risk Monitoring Committee has discussed and submitted suggestions regarding various risk
                 management activities carried out by the Bank, including:

                   No                  Work Program                                                     Work Realization
                    1.    Evaluate Bank Mega’s Risk Profile            An evaluation of Bank Mega’s Risk Profile for quarter IV/2023, quarter I/2024,
                                                                       quarter II/2024 and quarter III/2024 has been conducted.

                                                                       The Risk Profile has been prepared in accordance with the provisions of the
                                                                       Regulator. The Bank’s Risk Profile is relatively stable during 2024, namely at a
                                                                       low to moderate level.

                    2.    Assess the effectiveness of the Risk         Actively attending monthly KMR meetings.
                          Management Committee and Risk
                          Management Work Unit                         KMR and RIMG have carried out their functions as they should, so that the
                                                                       implementation of risk management has been running in accordance with the
                                                                       provisions. Risk parameters that exceed Risk Appetite and enter Risk Tolerance
                                                                       have been discussed and their improvements have been followed up.
                                                                       Actively attending quarterly KMRT meetings.

                    3.    Assess the effectiveness of the Integrated   Actively attending monthly KMR meetings.
                          Risk Management Committee
                                                                       KMRT at Mega Corpora’s Integrated Finance has been running in accordance
                                                                       with the provisions. The Integrated Risk Profile can be maintained at a low to
                                                                       moderate level until October 2024.


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                 No                  Work Program                                                    Work Realization

                 4.    Monitoring Risk Limits on Credit Risk,         Evaluate monthly Risk Limit reports and attend monthly ALCO meetings.
                       Market Risk, Liquidity Risk, Strategic Risk,
                       Operational Risk, Legal Risk, Compliance       In general, Risk Limits can be maintained in the range of the Bank’s Risk
                       Risk and Reputation Risk                       Appetite and Risk Tolerance.

                 5.    Provide information and advice to the          The information and suggestions are submitted through Service Memos to the
                       Board of Commissioners                         Board of Commissioners throughout 2024.

                 6.    Evaluate the implementation of the             The evaluation results are submitted through Service Memos to the Board of
                       Recovery Plan in 2024                          Commissioners.

                 7.    Evaluate the implementation of the             An evaluation of the implementation of the compliance function has been
                       compliance function per semester in 2023       carried out for semester II of 2023 and semester I of 2024.
                       and 2024.




               REMUNERATION                    AND        NOMINATION                   Remuneration and Nomination Committee
               COMMITTEE                                                               Charter
                                                                                       Bank Mega has a Remuneration and Nomination
               In supporting the Board of Directors’ succession                        Committee Charter that was prepared based on
               program, the Board of Commissioners is assisted                         the prevailing laws and regulations, including POJK
               by the Nomination and Remuneration Committee to                         No. 17 Year 2023 regarding the Implementation of
               ensure the diversity of the composition of the Board                    Governance for Commercial Banks, and POJK No.
               of Commissioners and Board of Directors consisting                      45/POJK.03/2015 regarding the Implementation
               of individuals with the highest standards of integrity.                 of Governance in Providing Remuneration for
               In addition, the Nomination and Remuneration                            Commercial Banks.
               Committee      is   also   tasked    with   providing
               recommendations to the Board of Commissioners                           Bank Mega’s Remuneration and Nomination
               regarding the remuneration package for members of                       Committee Charter was signed by Bank Mega’s
               the Board of Directors and Board of Commissioners.                      Board of Commissioners on November 13, 2023,
                                                                                       and    regulates    among     others:   composition,
               Legal Basis for Establishment                                           structure and membership requirements; duties
               Financial Services Authority Regulation No. 34/                         and responsibilities as well as authority; committee
               POJK.04/2014 dated December 8, 2014 on the                              rules; meetings, quorum and decision making; term
               Implementation of the Nomination and Remuneration                       of service of committee members from independent
               Committee of Issuers or Public Companies.                               parties; performance evaluation mechanism; as well
               •   Financial    Services   Authority     Regulation                    as review period of guidelines and work rules.
                   No. 34/POJK.04/2014 dated December 8,
                   2014 concerning the Implementation of the                           Organizational Structure and Composition
                   Nomination and Remuneration Committee of                            The structure of Remuneration and Nomination
                   Issuers or Public Companies.                                        Committee is regulated in Bank Mega Remuneration
               •   Financial Services Authority Regulation No. 17 of                   and Nomination Committee Charter, where
                   2023 dated September 14, 2023 concerning the                        the Committee shall consist of at least: 1 (one)
                   Implementation of General Bank Governance.                          Independent Commissioner as the Chairman; 1
               •   Board of Directors Decree No. SK. 011/XI/23                         (one) Non-Independent Commissioner; and 1 (one)
                   dated November 13, 2023 concerning the                              Executive Officer in charge of Human Resources
                   Work Guidelines and Rules of Procedure of the                       function, or 1 (one) employee representative of
                   Remuneration and Nomination Committee.                              the Bank. In the event that the members of the
               •   Decree of the Board of Commissioners No. 013/                       Remuneration and Nomination Committee are
                   DIRBM/24 dated March 1, 2024 concerning the                         determined to be more than 3 (three) persons, the
                   Remuneration and Nomination Committee of PT                         Independent Commissioners must be at least 2 (two)
                   Bank Mega Tbk.                                                      persons.




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                 Bank Mega Remuneration and Nomination Committee is chaired by an Independent Commissioner who is also
                 a member, with the following structure:


                                                                    Committee Chairman
                                                                 Independent Commissioner




                                                                                                       Member
                                           Member
                                                                                  Executive Officer in charge of HR function/Bank
                                 Non-Independent Commissioner
                                                                                             Employee Representative



                 Komposisi Komite Remunerasi dan Nominasi Bank Mega per 31 Desember 2024 adalah sebagai berikut:

                           Name              Position       Appointment Date    Area of Expertise             Concurrent Position
                   Achjadi Ranuwisastra     Chairman           1 March 2022         Banking          a. Independent Commissioner of
                                                                                                        PT Bank Mega Tbk
                                                                                                     b. Chairman of the Committee at
                                                                                                        PT Bank Mega Tbk:
                                                                                                        • Risk Monitoring Committee
                                                                                                        • Integrated Governance
                                                                                                           Committee

                   Lambock V.                Member            1 March 2024         Banking          a. Independent Commissioner of
                   Nahattands                                                                           PT Bank Mega Tbk
                                                                                                     b. Special Staff of the National
                                                                                                        Economic Council of the Republic of
                                                                                                        Indonesia for Law and Legislation.

                   Anwar V. Purba            Member            1 March 2022           SDM



                 There is no special honorarium for each member of             Duties and Responsibilities
                 the Remuneration and Nomination Committee.                    The Remuneration and Nomination Committee
                                                                               has duties and responsibilities to assist the Board
                 The implementation of the duties and responsibilities         of Commissioners in carrying out its duties and
                 of the Remuneration and Nomination Committee is               functions, relating to the remuneration and
                 stated in the Decree of the Board of Commissioners            nomination functions.
                 No.011/DEKOM/XI/23 dated November 13, 2023
                 concerning the Guidelines and Rules of Procedure of           The duties and responsibilities of the Remuneration
                 the Remuneration and Nomination Committee. The                and Nomination Committee related to the
                 guidelines are prepared based on the applicable OJK           remuneration policy are as follows:
                 provisions.                                                   1. Provide recommendations to the Board of
                                                                                  Commissioners regarding the remuneration
                 All members of the Remuneration and Nomination                   structure, remuneration policy, and amount
                 Committee have signed an Independent Statement                   of remuneration for members of the Board
                 Letter documented by the Corporate Secretary.                    of Directors and/or members of the Board of
                                                                                  Commissioners, which must be evaluated by the
                 Profile of Remuneration and Nomination                           Remuneration and Nomination Committee at
                 Committee Members                                                least 1 (one) time in 1 (one) year.
                 The complete profile of the members of the                    2. Assist the Board of Commissioners in assessing
                 Remuneration and Nomination Committee can be                     performance with the suitability of remuneration
                 seen in the Profiles of Members of the Board of                  received by each member of the Board of
                 Commissioners and Profiles of Members of the Non-                Directors and/or member of the Board of
                 Commissioners Committee, in the Company Profile                  Commissioners.
                 chapter in this Annual Report.                                3. Submit evaluation results and recommendations
                                                                                  to the Board of Commissioners regarding the
                                                                                  overall employee remuneration policy to be
                                                                                  submitted to the Board of Directors.




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               Meanwhile, the duties and responsibilities of the             •    Providing proposals for candidates who meet
               Remuneration and Nomination Committee related to                   the requirements as members of the Board
               the nomination policy are as follows:                              of Directors and/or members of the Board of
               1. Provide recommendations to the Board of                         Commissioners to the Board of Commissioners
                   Commissioners regarding the composition of the                 to be determined at the General Meeting of
                   positions of members of the Board of Directors                 Shareholders.
                   and/or members of the Board of Commissioners,
                   policies and criteria required in the nomination          Remuneration and Nomination Committee
                   process, and performance evaluation policies              Meeting
                   for members of the Board of Directors and/or              In accordance with POJK No. 17 of 2023 and Bank
                   members of the Board of Commissioners.                    Mega’s Remuneration and Nomination Committee
               2. Assist the Board of Commissioners in assessing             Charter which stipulates that Remuneration and
                   the performance of members of the Board                   Nomination Committee meetings must be held
                   of Directors and/or members of the Board of               at least 1 (one) time in 3 (three) months, Bank
                   Commissioners based on benchmarks that have               Mega’s Remuneration and Nomination Committee
                   been prepared as evaluation materials.                    periodically holds meetings at least 1 (one) time in 3
               3. Provide recommendations to the Board of                    (three) months. Other meeting requirements are that
                   Commissioners regarding capacity building                 it must be attended by the majority of Committee
                   programs for members of the Board of Directors            members, including the presence of 1 (one)
                   and/or members of the Board of Commissioners.             Independent Commissioner and 1 (one) Executive
                                                                             Officer in charge of human resources function, or 1
               Implementation of Duties and Responsibilities                 (one) Bank employee representative.
               of the Remuneration and Nomination
               Committee                                                     The attendance level of all members of Bank Mega
               The Remuneration and Nomination Committee has                 Remuneration and Nomination Committee in the
               supported the Board of Commissioners in carrying              internal meeting of Remuneration and Nomination
               out its supervisory and advisory functions over               Committee along with the meeting agenda in 2024
               the Board of Directors and its management team                is as follows:
               regarding the implementation of remuneration and
               nomination policies. This has been done by providing          Attendance at Remuneration and Nomination
               opinions and recommendations to the Board of                  Committee Meetings
               Commissioners, including:                                     During the year, the Remuneration and Nomination
               •   Conducting evaluations and recommendations                Committee met 6 (six) times and was attended by
                   on the overall employee remuneration policy to            all members of the Remuneration and Nomination
                   the Board of Commissioners.                               Committee (100% attendance rate of Committee
               •   Conducting evaluations and recommendations                members). The results of the Remuneration and
                   on the overall remuneration policies of the Board         Nomination Committee Meeting decisions are set
                   of Commissioners and Board of Directors to the            forth in a meeting minutes and are well documented.
                   Board of Commissioners.



               Remuneration and Nomination Committee Meeting Agenda Table

                           Date                                                      Agenda
                05 February 2024       Recommendation for Appointment of Members of the Board of Directors and Changes to the
                                       Composition of the Board of Commissioners at the 2024 GMS

                19 February 2024       Evaluation of the Implementation of the Remuneration Policy for Semester II of 2023

                26 June 2024           Evaluation of the Implementation of the Remuneration Policy for Semester I of 2024

                23 September 2024      Evaluation of the Implementation of the Remuneration Policy and Implementation of the SMR Program
                                       for Members of the Board of Directors and Board of Commissioners

                20 December 2024       Evaluation of the Implementation of the Remuneration Policy for Semester II of 2024




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                 Work Program and Work Realization of the Remuneration and Nomination Committee

                 During 2024, the Remuneration and Nomination Committee has discussed and submitted suggestions
                 regarding various important activities carried out by the Bank, including:

                   No                      Work Program                                                 Work Realization
                    1    Recommendation for Appointment of Board of             Proposed to the Board of Commissioners, to be determined at the
                         Directors Members and Changes to the Composition of    General Meeting of Shareholders of PT Bank Mega Tbk in 2024.
                         the Board of Commissioners

                    2    Evaluation of the Implementation of the Remuneration   Evaluation results submitted to the Board of Commissioners
                         Policy for Semester II of 2023

                    3    Proposed Honorarium/Salary and Allowances for the      Proposed to the Board of Commissioners, to be determined after
                         Board of Commissioners and Board of Directors in       the General Meeting of Shareholders of PT Bank Mega Tbk in 2024.
                         2024 and Division of Directors’ Duties

                    4    Evaluation of the Implementation of the Remuneration   Evaluation results submitted to the Board of Commissioners.
                         Policy for Semester 1 of 2024.

                    5    Evaluation of the Implementation of the Remuneration   Evaluation results submitted to the Board of Commissioners.
                         Policy and Implementation of the SMR Program for
                         Members of the Board of Directors and Board of
                         Commissioners

                    6    Evaluation of the Implementation of the Remuneration   Evaluation results submitted to the Board of Commissioners.
                         Policy for Semester II of 2024



                 Remuneration of Remuneration and Nomination Committee Members in 2024
                 There is no special remuneration paid to members of Remuneration and Nomination Committee other than that
                 paid monthly as Commissioner or Executive Officer.

                 Bank Mega as the Main Entity (EU) of Mega Corpora Financial Conglomeration (KKMC) has established
                 Integrated Risk Management Committee and Integrated Governance Committee to assist the implementation
                 of duties of the Board of Commissioners as the EU Board of Commissioners, particularly in carrying out
                 supervisory functions over the implementation of Integrated Risk Management and Integrated Governance in
                 KKMC, in accordance with the prevailing laws and regulations.




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               Committee Under
               The Board of Directors


               As stipulated in the Board Manual, the Board of Directors may establish committees to support the effective
               implementation of the duties and responsibilities of the Board of Directors. Board of Directors level committee
               is also known as Executive Committee (Exco). Bank Mega has 8 (eight) Executive Committees, namely:

                No.                             Komite                                    Nomor SK Direksi                Tanggal SK Direksi
                  1.   Risk Management Committee                                    SK.No.069/DIRBM/23              12 June 2023

                 2.    Asset and Liabilities Committee (ALCO)                       SK.No.064/DIRBM/23              4 May 2023

                 3.    Credit Policy Committee                                      SK.No.130/DIRBM/24              11 December 2024

                 4.    Information Technology Steering Committee                    SK.NO.067/DIRBM/23              5 June 2023

                 5.    Human Resources Committee                                    SK.No.062/DIRBM/23              13 April 2023

                 6.    Product and Process Committee for Issuing New                SK.No.098/DIRBM/24              29 August 2024
                       Products or Activities

                 7.    Credit Committee*                                            SK.NO.094DIRBM/24               14 August 2024

                 8.    Crisis Management Committee                                  SK.No.076/DIRBM/23              13 June 2023

               Note :
               * Has been updated again with SK.No.004/DIRBM/25 dated January 14, 2025)




               RISK MANAGEMENT COMMITTEE

               Main Functions and Authorities
               The Risk Management Committee has the main function and authority to provide recommendations to the
               President Director, in formulating and improving policies related to risk management, as well as evaluating the
               development and condition of the risk profile.

               Structure and Membership
               The membership composition of the Risk Management Committee as of December 31, 2024 is as follows:

                 Positions on the Committee                                                     Filled By
                Chairman of the Committee          President Director

                Secretary                          Market, Liquidity & Integrated Risk Management (MIRG) Head.

                                                   The Secretary is assisted by other Risk Management Work Units (SKMR) in preparing meeting
                                                   materials, namely:
                                                   a. Credit Risk Management (CRMG) Head;
                                                   b. Operasional Risk Management (ORMG) Head.
                                                   c. IT & Cyber Risk Management (ITCR) Head.

                Permanent Members with             All member of the Board of Directors
                Voting Rights

                Non-Permanent Members              a.   Compliance & GCG (CGCG) Head;
                with no Voting Rights              b.   Internal Audit (IADT) Head;
                                                   c.   Financial Control (FICO) Head;
                                                   d.   Crime & Fraud Investigation (CFIN) Head;
                                                   e.   Treasury & Financial Institution (TSFI) Head;
                                                   f.   Treasury & International Banking Business Support (TIBS) Head;
                                                   g.   Strategic & Business Development (SBDV) Head;
                                                   h.   Business Performance Management & Analytics (BPMA) Head;
                                                   i.   Retail Product Management Head (RPMG) Head;
                                                   j.   Corporate Funding Head (COFN) Head;
                                                   k.   Human Capital Management Head (HCMG) Head;




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                      Positions on the Committee                                               Filled By

                                                      l. Human Capital Reward Operations & Service (HCRO) Head;
                                                      m. IT Infrastructure & Operations (ITSO) Head;
                                                      n. Network Operations (NTOP) Head;
                                                      o. Process Management & Internal Control (PMIC) Head;
                                                      p. Account Services (ACSS) Head;
                                                      q. Customer Experience & Customer Care (CECC) Head;
                                                      r. Corporate Affairs (COAF) Head;
                                                      s. Credit Business (CRBS) Head;
                                                      t. CCPL Marketing & Business Support (CPMB) Head.

                   Non-Permanent Members              Related Work Unit Leaders.
                   with No Voting Rights



                 Duties and Responsibilities                    of    the      Risk    No.                      Discussion Material

                 Management Committee                                                   5.    Credit rating development roadmap
                 1)        Preparation of Risk Management policies and                  6.    Application Risk Profile M Smile
                           changes thereto, including Risk Management                   7.    Risk Limit Monitoring Position January 2024
                           strategies, risk levels taken, and Risk tolerance,           8.    Monitoring & Review of Economic Sector Limit January
                                                                                              2024
                           Risk Management frameworks and contingency
                                                                                        9.    Risk Limit Monitoring Position February 2024
                           plans to anticipate abnormal conditions.
                 2)        Improvement of the Risk Management process                   10.   Monitoring Limit of Economic Sector Position February
                                                                                              2024
                           periodically or incidentally as a result of changes
                                                                                        11.   Review of Market, Strategic, Operational, Legal,
                           in external and internal conditions of the Bank that               Compliance and Reputation Risk Profile Indicators
                           affect capital adequacy, the Bank’s Risk Profile,            12.   Risk Profile for Quarter I - 2024
                           and the ineffectiveness of the implementation                13.   Risk Limit Monitoring Position March 2024
                           of Risk Management based on the evaluation                   14.   Monitoring Limit of Economic Sector Position March
                           results.                                                           2024
                 3)        Determination of policies and/or business                    15.   Clear Desk Clear Screen (CDCS) inspection report
                           decisions that deviate from normal procedures,               16.   Risk Limit Monitoring Position April 2024
                           such as significant business expansion exceeding             17.   Monitoring Limit of Economic Sector Position April
                           the Bank’s previously established business plan,                   2024

                           or taking a position/Risk exposure that exceeds              18.   Review of Risk Limit & Risk Profile Credit 2024

                           the established limit.                                       19.   CKPN Book Update

                 4)        Establishing Risk Limit (Risk Appetite and Risk             20.    Risk Limit Monitoring Position May 2024
                           Tolerance) for each Risk area (Risk Taking Limit).           21.   Monitoring Limit Economic Sector Position May 2024
                 5)        Monitoring and evaluating and implementing                  22.    Monitoring Policy PT Bank Mega Tbk
                           Risk Limits in accordance with applicable Risk              23.    Assessment of Bank Health Level Period I - 2024
                           Limit provisions                                            24.    Risk Limit Monitoring Position June 2024
                 6)        Evaluating the Risk Profile Report and PTKB                 25.    Monitoring Limit Economic Sector Position June 2024
                           Report before being submitted to the Financial              26.    Determination of Soft Limit BMPK
                           Services Authority (OJK) as a routine report.                27.   Climate Risk Management & Scenario Analysis (CRMS)
                 7)        Monitoring significant issues through reports                      and Implementation of Climate Risk Stress Test (CRST)

                           submitted by the Risk Management Committee                  28.    Monitoring & Review of Economic Sector Limit Position
                                                                                              July 2024
                           secretariat.
                                                                                       29.    Review of Parameters of Operational & Reputational
                                                                                              Risk Profile Parameters
                 Risk Management Committee Activities in                               30.    Monitoring Limit Economic Sector Position July 2024
                 2024                                                                   31.   Monitoring Operational Risk
                 The Risk Management Committee has held a
                                                                                       32.    Risk Limit Monitoring Position August 2024
                 Committee meeting to discuss the implementation
                                                                                       33.    Monitoring Limit Economic Sector Position August
                 of risk management as follows:                                               2024
                                                                                       34.    Monitoring Operational Risk
                   No.                        Discussion Material                      35.    Risk Profile Report Quarter III 2024
                      1.     Bank Health Level Assessment for Semester II - 2023       36.    Risk Limit Monitoring Position September 2024
                      2.     Risk Limit Monitoring Position 31 December 2023            37.   Monitoring Limit Economic Sector Position September
                                                                                              2024
                      3.     Economic Sector Limit Monitoring Position December
                             2023                                                      38.    Follow-up Report on ORGM Risk Issues at Bank Level
                                                                                              2023 (Quarter III)
                      4.     ITCR Dashboard
                                                                                       39.    Risk Limit Monitoring Position October 2024




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                No.                        Discussion Material                           ASSET AND LIABILITY COMMITTEE
                 40.      Monitoring Limit Economic Sector Position October              (ALCO)
                          2024
                    41.   Addition of Risk Control Area in Operational Risk
                          Management Framework Policy
                                                                                         Primary Functions and Authorities
                 42.      Risk Limit Monitoring Position November 2024
                                                                                         The Asset and Liability Committee (ALCO) is
                                                                                         established to support the Board of Directors and is
                 43.      Monitoring Limit Economic Sector Position November
                          2024                                                           responsible for analyzing and evaluating asset and
                 44.      Monitoring of Maturity Provisions                              liability management, as well as assisting the Board
                                                                                         of Directors in decision-making by formulating
                                                                                         policies, strategies, and objectives to manage the
                                                                                         Bank’s assets and liabilities in an integrated manner.



               Structure and Membership
               As of December 31, 2024, the composition of the Asset and Liability Committee (ALCO) is as follows:

                    Positions on the Committee                                                     Filled By
                Chairman                            President Director

                Vice Chairman                       Director of Treasury & International Banking
                                                    (concurrently as a permanent member).

                Permanent Members                   a.   Vice President Director in charge of Consumer Banking & Credit.
                                                    b.   Vice President Director in charge of Risk, Operations, IT, Compliance & Human Capital.
                                                    c.   Director of Credit.
                                                    d.   Director of Operations.
                                                    e.   Director of Information Technology.
                                                    f.   Director of Compliance & Human Capital (as a non-voting member).
                                                    g.   Treasury & Financial Institution Head.
                                                    h.   Treasury & International Banking Business Support Head Credit Business Head.
                                                    i.   Retail Product Management Head.
                                                    j.   Market, Liquidity & Integrated Risk Management Head.
                                                    k.   Corporate Funding Head.

                Non-permanent Members               Other related Work Unit Top Leaders (as other invited participants as needed).

                Secretary                           Financial Control Head




               Duties and Responsibilities of the ALCO                                   4) Ensuring that in implementing the ALMA
               Committee                                                                    strategy, the Bank maintains the Bank-wide risk
               1) Setting short-term and long-term financial                                level at a level that is in accordance with risk
                  targets.                                                                  appetite.
               2) Ensuring that the financial targets set by the
                  Bank are approved by the Bank’s Commissioners.                         ALCO Activities in 2024
               3) Setting the ALMA (Asset and Liabilities                                The ALCO Committee has held meetings to discuss
                  Management) strategy.                                                  the following matters:


                No.                                                            Discussion Material
                    1.    Economic Indicator: Inflation from various countries, geopolitical and economic growth in the world and Indonesia, as well as
                          macroeconomic developments and exchange rates.

                    2.    Risk Management: Discussion of risk limits and risk tolerance from several financial indicators LDR, LCR, NSFR, Capital Ratio
                          and other financial indicators.

                    3.    Financial prediction: Position of credit achievement, DPK, COF and PBT




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                 CREDIT POLICY COMMITTEE

                 Primary Functions and Authorities
                 The Credit Policy Committee serves a key function in supporting and assisting the Board of Directors in
                 overseeing the implementation and execution of the Bank’s Credit Policy.

                 Structure and Membership
                 As of December 31, 2024, the composition of the Credit Policy Committee is as follows:

                                  Positions on the Committee                                         Filled By
                   Credit         Chairman                      President Director

                                  Vice Chairman                 Vice President Director (Business)

                                  Secretary                     Process Management & Internal Control Head

                                  Permanent Members             a. Directorate Vice President Director (Risk, Compliance, Operations &
                                                                   Information Technology) (Deputy President Director) (Support)
                                                                b. Directorate Credit (Director)
                                                                c. Directorate Compliance (Director)
                                                                d. Directorate Operations (Director)
                                                                e. Directorate Information Technology (Director)
                                                                f. Compliance & GCG - CGCG (Head)
                                                                g. Credit Risk Management - CRMG (Head)
                                                                h. Internal Audit - IADT (Head)
                                                                i. Credit Business - CRBS (Head
                                                                j. Strategic Business Development - SBDV (Head)
                                                                k. Corporate Sales – COSA (Head)
                                                                l. Indirect Channel - INCH (Head)
                                                                m. Retail & Commercial Business - RBCS (Head)
                                                                n. Consumer Loans - CSLN (Head)
                                                                o. Corporate Legal - COLG (Head)
                                                                p. National Credit Review & Restructure - NCRR (Head)
                                                                q. Centralized Credit Operations - CCOP (Head)
                                                                r. Collection Strategy & Support - CLSS (Head)
                                                                s. Treasury & Financial Institution (Head)

                   Credit Card    Chairman                      President Director
                   and Personal
                   Loan           Vice Chairman                 Vice President Director (Business)

                                  Secretary                     Process Management & Internal Control Head

                                  Permanent Members             a. Vice President Director (Risk, Compliance, Operations & Information
                                                                   Technology)
                                                                   (Deputy President Director) (Support)
                                                                b. Compliance Directorate (Director)
                                                                c. Operations Directorate (Director)
                                                                d. Information Technology Directorate (Director)
                                                                e. Compliance & GCG - CGCG (Head)
                                                                f. Credit Risk Management - CRMG (Head)
                                                                g. Internal Audit - IADT (Head)
                                                                h. Corporate Legal - COLG (Head)
                                                                i. Centralized Credit Operations - CCOP (Head)
                                                                j. Collection Strategy & Support - CLSS (Head)
                                                                k. CCPL Marketing & Business Support - CPMB (Head)
                                                                l. CCPL Product, Portfolio & Acquisition Marketing – CPAM (Head)
                                                                m. CCPL Partnership & Acquiring - CPPA (Head)
                                                                n. Account Services - ACSS (Head)
                                                                o. Customer Experience & Customer Care - CECC (Head)

                                  Non-Permanent Members         All other work units outside of permanent members
                                                                related to the discussion material


                 Duties and Responsibilities of the Credit Policy Committee
                 1.   Provide input to the Board of Directors in the preparation of credit policies, especially those related to the
                      formulation of prudential principles in credit.
                 2.   Supervise, implement, and apply the Bank Credit Policy (KPB) consistently and consistently and formulate
                      solutions if there are obstacles/constraints in the implementation of KPB.
                 3.   Conduct periodic reviews of KPB and provide suggestions to the Board of Directors if changes/
                      improvements to KPB are needed.




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               4.  Monitor and evaluate the development and                          No.                      Discussion Material

                   quality of the overall credit or financing portfolio               4.    Preparation of Productive Asset Quality Difference
                                                                                            Reports
                   including the determination of credit risk limits
                   and economic sector risk limits. This is done                      5.    Temporary Change Matrix of Authorities of Officials in
                                                                                            the Credit Sector
                   monthly by the Credit Risk Management Work
                                                                                      6.    Credit Restructuring Reporting
                   Unit.
               5. Monitor and evaluate the correctness and                            7.    KPR Product Meeting
                   quality of the use of the authority to decide on                   8.    Authority Matrix for Service Charge, Refund, and
                   Credit or Financing through the BWMK usage                               Switch Fee Elimination (Credit Card)

                   monitoring report. Done monthly by the Credit                      9.    Mega Corporate Card (Credit Card)
                   Risk Management Work Unit.                                        10.    Updating of Credit Restructuring Policy
               6. Monitor and evaluate the accuracy of the                           11.    Relocation of Credit Business Team in the Region
                   process of providing, development, and quality
                                                                                     12.    Discussion of MAK
                   of credit or financing provided to parties related
                                                                                     13.    Rescue and Settlement of Non-Performing Credit
                   to the Bank and certain large Debtors. This
                   implementation is carried out continuously by                     14.    Second Amendment to the Corporate Credit Guidelines

                   the Credit Control Unit, Compliance Work Unit,                    15.    Credit Limit Policy based on economic sector and
                                                                                            economic sector monitoring mechanism
                   and Internal Audit Work Unit.
               7. Monitor and evaluate the implementation of                         16.    Authorities of Officials in the Credit Sector

                   BMPK provisions. BMPK monitoring is carried                       17.    Credit Committee Updates
                   out by the Centralized Credit Operations Work                     18.    Risk Limit Policy Updates
                   Unit every month and is supervised by the
                                                                                     19.    Second Amendment to the Corporate Credit Guidelines
                   Compliance Work Unit.
                                                                                     20.    Credit Policy Committee Updates
               8. Monitor and evaluate compliance with the
                                                                                     21.    First Amendment to the KPB Book
                   provisions of laws and regulations and other
                   regulations in the implementation of credit                       22.    Creating Call Report Provisions
                   provision, carried out continuously by the Credit                 23.    Policies and Procedures Monitoring of Productive
                   Control Unit, Compliance Work Unit, and Internal                         Asset Credit Quality Determination

                   Audit Work Unit.                                                  24.    Guidelines for Determining Allowance for Impairment
                                                                                            Losses on Bank Financial Assets
               9. Monitor and evaluate the settlement of
                   problematic credit or financing in accordance                     25.    Update on Credit Provision in the Consumer Credit
                                                                                            Segment Specifically for Bank Mega Employees (Non-
                   with that stipulated in the KPB, carried out by                          Credit Card)
                   the Special Asset Management Work Unit and
                                                                                     26.    Update on Credit Archive Documentation
                   the Legal Work Unit.
                                                                                     27.    Update on Collateral Taken Over/AYDA
               10. Monitoring and evaluating the Bank’s efforts
                   in meeting the adequacy of the PPKA Asset                         28.    Update on Financing Transactions Using Banker’s
                                                                                            Acceptance
                   Quality Assessment Provision, and in addition
                                                                                     29.    Update on Reprimant Letter I, II, and Reprimant Letter
                   the Allowance for Impairment Losses - CKPN,                              III Formats and Settlement of All Obligations
                   is carried out every month by the Credit Risk
                                                                                     30.    Update on Import Letter of Credit (L/C) Transactions
                   Management Work Unit, the Centralized Credit                             and Domestic Documented Letters of Credit (SKBDN)
                   Operations Work Unit, and the Financial Control
                                                                                     31.    Discussion on Updates on Making of Credit Approval
                   Work Unit.                                                               Notification Letters (SPPK) and Cooperation Approval
                                                                                            Notification Letters (SPPKS)

               Activities of the Credit Policy Committee in                          32.    Update on Import Letter of Credit (L/C) Transactions
                                                                                            and Domestic Documented Letters of Credit (SKBDN)
               2024
               During the year 2024, the Credit Policy Committee                     33.    Update on Making of Credit Approval Notification
                                                                                            Letters (SPPK) and Cooperation Approval Notification
               held meetings with discussion of materials related to                        Letters (SPPKS)
               credit policy as follows:
                                                                                     34.    Update on Credit Archive Documentation

                                                                                     35.    Update on Back to Back Credit Facility Provision
                No.                       Discussion Material
                                                                                     36.    Update on Credit Limits Based on Economic Sector &
                    1.   Updating the Use of Bank Scorecards. Provision of                  Economic Sector Monitoring Mechanism
                         Back To Back (BTB) Credit
                                                                                     37.    Update of Officials’ Authorities in the Credit Sector
                    2.   Facilities with Collateral of Foreign Exchange Deposits
                         from Natural Resource Exports (DHE-SDA)                     38.    Update of Domestic Documentary Letter of Credit
                                                                                            (SKBDN) or Letter of Credit (L/C) UPAS/UPAU
                    3.   Credit Portfolio Management                                        Financing Transactions at Counterparty Banks

                                                                                     39.    Update of Mega Linkage Program



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                   No.                    Discussion Material                          No.                     Discussion Material

                   40.   Update of Account Receivable (A/R) Financing Facility         48.   Update of Officials’ Authorities in the Credit Sector
                         Provisions and Procedures
                                                                                       49.   Debtor Group Naming Provisions
                   41.   Update of I-Deb Checking for Credit Facilities (Non-
                         Credit Card)                                                  50.   Update of Write-Off and Write-Off of Credit Bills

                   42.   Update of Credit Archive Documentation                        51.   Update of Making Credit Decision Memorandum (MKK)

                   43.   Update of Rescue and Settlement of Non Performing             52.   Revision of Update of Officials’ Authorities in the Sector
                         Credit (Non-Credit Card)                                      53.   Update of Credit Analysis Memorandum (MAK)
                   44.   Update of Interbank Facilities                                      Format on Small and Medium Enterprises (SME) Credit
                                                                                             Segment - Medium Enterprises (KUM), Commercial,
                   45.   Update of Deposit Guarantee Loan (PJD                               Indirect Channel, and Corporate

                   46.   Update of Bank Guarantee                                      54.   Bank Credit Policy Book

                   47.   Update of Credit Committee                                    55.   Changes to the Corporate Guidelines




                 INFORMATION TECHNOLOGY STEERING COMMITTEE

                 Primary Functions and Authorities
                 The Information Technology Steering Committee of Bank Mega is responsible for providing recommendations
                 to the Board of Directors regarding strategic plans, policies, development, and implementation of the Bank’s
                 information technology.

                 Structure and Membership
                 As of December 31, 2024, the composition of the Information Technology Steering Committee is as follows:

                   Positions on the Committee                                                 Filled By
                   Steering Committee
                   a. Chairman                     a. President Director
                   b. Vice Chairman                b. Director of Information Technology
                   c. Members                      c. Board of Directors

                   Secretary                       Top Leader of IT Project Management Work Unit

                   Working Committee               a. All Top Leaders of Information Technology (IT) Work Units
                                                   b. Top Leaders of other related Work Units.
                                                   c. Top Leader of Related Initiator/Product Owner Work Units



                 Duties and Responsibilities of the Information                          Technology sector so that the Bank’s investment
                 Technology Steering Committee                                           in the Information Technology sector contributes
                 Provide direction and decisions within the following                    to achieving the Bank’s business goals.
                 scope:                                                              7. Monitoring       of    Information     Technology
                 1. Information Technology Strategic Plan that is in                     performance and efforts to improve Information
                     line with the Bank’s strategic plan and business                    Technology performance.
                     activities.                                                     8. Efforts to resolve various problems related to
                 2. Formulation of primary Information Technology                        Information Technology that cannot be resolved
                     policies, standards, and procedures.                                by the user work unit and the Information
                 3. Conformity between approved Information                              Technology organizer effectively, efficiently, and
                     Technology projects and the Information                             on time.
                     Technology Strategic Plan.                                      9. Adequacy and allocation of resources owned by
                 4. Conformity between the implementation of                             the Bank.
                     Information Technology projects and the agreed                  10. Conduct evaluation and approval for the
                     project plan.                                                       implementation of Information Technology
                 5. Conformity between Information Technology                            projects that require an investment of more than
                     and the needs of the management information                         IDR1,000,000,000 (one billion rupiah).
                     system and the needs of the Bank’s business                     11. Conduct a review of the effectiveness of the
                     activities.                                                         project after going live against the established
                 6. Effectiveness of steps in minimizing the risk                        forecast/plan.
                     of the Bank’s investment in the Information



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               Activities of the Information Technology                               No.                    Discussion Material

               Steering Committee in 2024                                              1.   Technology Raker Project 2024
               During 2024, the Information Technology Committee                       2.   Technology Deliverables Portfolio 2024
               has held several meetings with discussions on                           3.   Technology Budget Approval
               materials related to Information Technology policies
                                                                                       4.   Technology Budget Utilization
               as follows:
                                                                                       5.   Technology Operation

                                                                                       6.   LRPTI & RPPB

                                                                                       7.   Technology Budget Expense




               HUMAN RESOURCES COMMITTEE

               Basic Function and Authority
               The Human Resources Committee has the main function and authority to assist the Board of Directors in
               managing the Bank related to human resource development.

               Structure and Membership
               The composition of the Information Technology Steering Committee membership as of December 31, 2024 is
               as follows:

                    Positions on the Committee                                               Filled By
                Chairman of the Committee        President Director

                Deputy Chairman                  Director in charge of Human Resources
                concurrently as Member

                Member of the Committee          a.   President Director (Chairman and member).
                                                 b.   Vice President Director.
                                                 c.   Director in charge of Human Resources (Vice Chairman and Member).
                                                 d.   Top Leader of the Work Unit in charge of Human Resources concurrently serves as the
                                                      Secretary of the Committee.



               Duties and Responsibilities of the Human                              Activities of the Human Resources Committee
               Resources Committee                                                   in 2024
               1.     Study, discuss problems and determine the                      During 2024, the Human Resources Committee has
                      direction and policies in the field of Human                   conducted meetings with discussion of materials
                      Resources.                                                     related to Human Resources policies, as follows:
               2.     Discuss and compile the organizational structure
                      of PT Bank Mega Tbk, including the determination                No.                    Discussion Material
                      of positions/job titles in the organization.                     1.   Discussion of cases that occurred at the Branch Office
               3.     Decide and discuss remuneration policies given
                                                                                       2.   Recommendations for sanctions for audit findings at
                      to Employees                                                          the Branch Office
               4.     Determine the form or amount of awards/                          3.   Review of Employee Periodic Salary Increases in 2024
                      sanctions given to Employees.




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                 PRODUCT COMMITTEE                                                   5.        Submit every report on the plan and realization
                                                                                               of the issuance of new products or activities of
                 Fungsi Pokok dan Wewenang                                                     the Bank made by the initiator to the OJK in
                 1.     Ensure that new products or activities to be                           accordance with the provisions.
                        developed are in accordance with the Bank’s                  6.        Conduct evaluations of the Bank’s products and
                        plans and strategies as well as the risks faced.                       activities.
                 2.     Provide approval and recommendations for                     7.        Monitor the implementation of product
                        proposed New Products or Activities.                                   evaluations carried out by the initiator/product
                 3.     Ensure completeness of documents in the                                owner.
                        process of principle approval of product
                        proposals and registration of each submission of             Struktur dan Keanggotaan
                        new products or activities.                                  The membership composition of the Product
                 4.     Monitor the fulfillment of provisions relating to            Committee as of December 31, 2024 is as follows:
                        the issuance of new products or activities.


                      Positions on the Committee                                                  Filled By
                   Chairman Steering Committee     President Director

                   Member Steering Committee       Board of Directors.

                   Secretary                       a. Funding Products and Consumer Credit Products:
                   (concurrently Chair of the         Retail Product Management Head.
                   Working Committee):             b. Non-Consumer Credit Products:
                                                      Strategic & Business Development Head.
                                                   c. Credit Card Products:
                                                      CCPL Product, Portfolio & Acquisition Marketing Head.
                                                   d. Treasury Products:
                                                      Treasury & International Banking Business Support Head.

                   Working Committee:              a. Compliance & GCG Head.
                                                   b. Anti Money Laundering Head.
                                                   c. Internal Audit Head.
                                                   d. Risk Management (Operational Risk Management Head, Credit Risk Management Head,
                                                      Market, Liquidity & Integrated Risk Management Head, dan IT & Cyber Risk Management).
                                                   e. Personal Data Protection Head.
                                                   f. Process Management & Internal Control Head.
                                                   g. Corporate Legal Head.
                                                   h. Financial Control Head.
                                                   i. Process & System Development Head.
                                                   j. IT Project Management Head.
                                                   k. Transformation Project Head.
                                                   l. Head other related.
                                                   m. Head Initiator/Product Owner.



                 Duties and Responsibilities of the Product                          7.        Monitor the implementation of product
                 Committee                                                                     evaluations carried out by the initiator/product
                 1.     Ensure that new products or activities to be                           owner.
                        developed are in accordance with the Bank’s
                        plans and strategies as well as the risks faced.             Activities of the Product Committee in 2024
                 2.     Provide approval and recommendations for                     The Product Committee has held several meetings
                        proposed New Products or Activities.                         with discussion of product development materials
                 3.     Ensure completeness of documents in the                      throughout 2024 as follows:
                        process of principle approval of product
                        proposals and registration of each submission of              No.                          Discussion Material
                        new products or activities.                                       1.     Working Committee KPR Revamp
                 4.     Monitor the fulfillment of provisions relating to
                                                                                          2.     Pocket Feature (Zaku) on M-Smile
                        the issuance of new products or activities.
                                                                                          3.     Remittance Transfer on M-Smile Application
                 5.     Submit every report on the plan and realization
                        of the issuance of new products or activities of                  4.     Qris Tap NFC Transaction on Mega Smart Mobile
                                                                                                 (M-Smile)
                        the Bank made by the initiator to the OJK in
                                                                                          5.     Tap to Pay Feature on Debit Card
                        accordance with the provisions.
                 6.     Conduct evaluations of the Bank’s products and                    6.     Virtual Debit Card Information Technology Service
                                                                                                 Provider for Financial Services Institutions Banks in the
                        activities.                                                              Context of Financial Conglomeration



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                No.                       Discussion Material            •     Komite Kredit Treasury & International Banking
                 7.     Tap to Pay Feature on Credit Card                      (Tib) - Foreign Exchange Perorangan
                 8.     Apply CC on M-Smile                              •     Komite Kredit Treasury & International Banking
                 9.     Skor Biometrik Apply CC on M-Smile                     (Tib) - Bonds Badan Usaha Untuk Credit Facility
                                                                               (Money Market Line Dan Bonds Issuer Line)
                 10.    Credit Card Service Features on M-Smile
                                                                         •     Komite Kredit Treasury & International Banking
                 11.    Credit Card Block Feature on M-Smile
                                                                               (Tib) - Bonds Badan Usaha Untuk Trading Facility
                 12.    Apply CC on M-Auto                                     (Bonds Trading Line)
                 13.    Credit Card Activation on M-Smile                •     Komite Kredit Kartu Kredit Dan/Atau Personal
                 14.    Credit Card Information on M-Smile                     Loan
                 15.    Gen Z Credit Card
                                                                         Duties and Responsibilities of the Credit
                                                                         Committee
                                                                         1.    Make decisions on credit applications in
               CREDIT COMMITTEE                                                accordance with its authority.
                                                                         2.    Coordinate with the Asset and Liabilities
               Fungsi Pokok dan Wewenang                                       Committee (ALCO) in terms of funding.
               Komite Kredit mempunyai fungsi pokok dan                  3.    Maintain the quality of the Bank’s credit portfolio
               wewenang dalam membantu pelaksanaan tugas                 4.    Prevent or minimize Bank losses arising from the
               Direksi, khususnya terkait dengan pengelolaan kredit            impact of problematic credit
                                                                         5.    Carry out its duties with full responsibility,
               Struktur dan Keanggotaan                                        especially in relation to providing objective,
               Komite Kredit Bank Mega per 31 Desember 2024,                   honest and thorough credit approvals.
               terdiri dari:                                             6.    Reject requests and/or influence from parties
               •   Komite Kredit Korporasi                                     interested in credit applicants to provide formal
               •   Komite Kredit Komersial                                     credit approvals;
               •   Komite Kredit Usaha Kecil Dan Menengah (Ukm)          7.    Comply with and follow all existing provisions,
               •   Komite Kredit Konsumer                                      both provisions of the Regulator and internal
               •   Komite Kredit Indirect Channel                              Bank provisions.
               •   Komite Kredit Treasury & International Banking
                   (Tib) - Prime Bank & Bank Bumn                        Credit Committee Activities in 2024
               •   Komite Kredit Treasury & International Banking        The Credit Committee has held meetings with
                   (Tib) - Non Prime Bank                                discussion of materials related to credit management
               •   Komite Kredit Treasury & International Banking        policies throughout 2024 which are summarized in
                   (Tib) - Institusi Keuangan Non Bank (Perusahaan       the following table:
                   Manajemen Aset Dan Sekuritas)
               •   Komite Kredit Treasury & International Banking
                   (Tib) – Foreign Exchange Badan Usaha


                                                                      Number of Credit Proposals that have been decided during 2024
                                       Credit Segment                                      Credit Restructuring
                                                                      Credit Committee                                   Total
                                                                                               Committee
                Corporate Credit                                                88                   1                      89

                Indirect Channel Credit                                         27                   0                      27

                Treasury Credit & International Banking                        208                   0                    208

                Commercial Credit                                               47                   9                      56

                Consumer Credit                                                 59                   8                      77

                SME Credit - KUM                                               730                  14                    752

                Total                                                         1,159                 32                   1,209




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                 CRISIS MANAGEMENT COMMITTEE

                 ain Functions and Authorities
                 The Crisis Management Committee has the primary function of assisting the Board of Directors in the
                 management of the Bank, particularly in relation to crisis management.

                 Structure and Membership
                 The composition of the Crisis Management membership as of December 31, 2024 is as follows:

                      Positions on the Committee                                                   Filled By
                   Chairman of the Committee       President Director

                   Member of the Committee         All Members of the Board of Directors

                   Secretary (also serves as       Vice President Director (Support), in daily implementation assisted by Market, Liquidity &
                   Head of Working Group)          Integrated Risk Management
                                                   Head (MIRG Head)

                   Working Group                   a. Top Leader of the Work Unit related to the Recovery Plan a. Market Liquidity & Integrated Risk
                                                      Management (MIRG);
                                                   b. Credit Risk Management (CRMG);
                                                   c. Operational Risk Management (ORMG);
                                                   d. IT & Cyber Risk Management (ITCR);
                                                   e. Financial Control (FICO);
                                                   f. Treasury & International Banking (TIBS);
                                                   g. Treasury & Financial Institutions (TSFI);
                                                   h. Centralized Credit Operations (CCOP);
                                                   i. Centralized Transactional Operations (CTOP);
                                                   j. Property & Facility Services (PRFS);
                                                   k. CCPL Marketing & Business Support (CPMB);
                                                   l. Strategic & Business Development (SBDV);
                                                   m. Business Performance Management & Analytics (BPMA);
                                                   n. Retail Product Management (RPMG);
                                                   o. Corporate Funding (COFN);
                                                   p. National Credit Review & Restructure (NCRR);
                                                   q. Credit Collection & Remedial (CCRD);
                                                   r. Credit Asset Recovery (CARC);
                                                   s. Retail & Commercial Business (RECB);
                                                   t. Corporate Sales (COSA);
                                                   u. CCPL Collection;
                                                   v. Corporate Affairs (COAF); and
                                                   w. Other related Work Unit Leaders (if required).



                 Duties and Responsibilities of the Crisis                                      thereto and contingency plans to anticipate
                 Management Committee                                                           abnormal conditions and the choice of actions
                 1.     Ensure that the preparation of the Recovery Plan                        that the Bank will take to respond to financial
                        document has been carried out realistically and                         stress experienced by the Bank in preventing,
                        comprehensively and in accordance with the                              recovering or improving financial conditions.
                        provisions of the regulator/Financial Services
                        Authority (OJK).                                              Crisis Management Committee Activities in
                 2.     Communicate the Recovery Plan to all levels of                2024
                        the Bank’s organization.                                      The Crisis Management Committee has held several
                 3.     Implement the Recovery Plan effectively and on                meetings to discuss the best crisis management
                        time.                                                         policies throughout 2024 as follows:
                 4.     Evaluate and test the Recovery Plan periodically
                        and ensure that the Recovery Plan indicators are                No.                        Discussion Material
                        above the minimum requirements.                                    1.     Trigger Level Recovery Plan
                 5.     Committee members are required to recommend
                                                                                         2.       Update Resolution Plan & Recovery Plan
                        to the Committee Chairperson regarding the
                                                                                         3.       Stress Testing Recovery Plan
                        Recovery Plan which includes the preparation
                        of Recovery Plan guidelines and changes                          4.       Capital Level Thiger




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               Frequency of Meetings oft he Executive Committee under the Board of Directors

                 No                       Committee Name                                            Total Meetings in 1 year

                  1.   Risk Management                                          12 times                           Complete

                 2.    ALCO                                                     12 times                           Complete

                 3.    Credit Policy                                            11 times                           Complete

                 4.    IT Steering                                              2 times                            Complete

                 5.    HR                                                       6 times                            Complete

                 6.    Products :

                       •    SBDV                                                3 times                            Complete

                       •    RPMG                                                5 times                            Complete

                       •    CPMB                                                17 times                           Complete

                       •    TIBS                                                   -                                    -

                 7.    Crisis Management                                        3 times                            Complete

                 8.    Credit Committee                                            -                        Circular credit decisions




               COMMITTEES IN MEGA CORPORA FINANCIAL CONGLOMERATION

               As part of the Mega Corpora Financial Conglomeration, the Bank, in its role as the Main Entity, has established
               the following Committees to fulfill its duties and responsibilities:

                No.                    Committee                                  Decree Number                                 Decree Date
                  1.   Integrated Risk Management Committee    Board of Directors Decree No. SK.051/DIRBM/24                10 June 2024

                 2.    Integrated Governance Committee         BOC Decree No.SK. 006/DEKOM/V/2023                           15 May 2023



               Integrated risk management committee

               Legal basis for establishment
               •  Financial services authority regulation No. 30 of 2024 dated December 19, 2024 concerning financial
                  conglomerates and financial conglomerate holding companies.
               •  Financial services authority regulation No. 17/POJK.03/2014 dated November 18, 2014 concerning the
                  implementation of integrated risk management for financial conglomerates.
               •  Financial services authority circular letter No.14/SEOJK.03/2015 dated may 25, 2015 concerning the
                  implementation of integrated risk management for financial conglomerates.
               •  Board of Directors decree No. 051/DIRBM/24 dated June 10, 2024 concerning the integrated risk
                  management committee.

               Structure and membership of the integrated risk management committee


                Committee Chairman                 Vice President Director (Support) PT Bank Mega Tbk

                Secretary                          Market, Liquidity, & Integrated Risk Management (MIRG) Bank Mega

                Permanent Members with Voting      Board of Directors of PT Mega Corpora
                Rights                             President Director of PT Bank Mega Tbk
                                                   All Directors representing and appointed from LJK in the Mega Corpora Financial
                                                   Conglomerate who oversees the Risk Management function

                Permanent Members without          The Work Unit Leader who represents and is appointed from the LJK in the Mega
                Voting Rights                      Corpora Financial Conglomerate, including the Main Entity, which oversees the Risk
                                                   Management function by considering the representation of each financial services sector

                Non-Permanent Members              The Work Unit Leader of the LJK in the Mega Corpora Financial Conglomerate including
                (without Voting Rights)            the Main Entity, which oversees other related functions




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                 Authorities and Responsibilities of the Integrated Risk Management Committee:
                 The authority and responsibility of the Integrated Risk Management Committee is to evaluate and provide
                 recommendations to the Board of Directors of the Main Entity regarding the implementation of Integrated Risk
                 Management which at least includes:
                 1. Preparation of Integrated Risk Management policies and improvements or refinements based on the results
                     of the implementation evaluation, including the Integrated Risk Management strategy, the level of risk
                     taken (risk appetite) and risk tolerance, the Integrated Risk Management framework, and contingency
                     plans to anticipate abnormal conditions.
                 2. Evaluation of the Integrated Risk Profile Report and the Integrated Minimum Capital Requirement (KPMM)
                     Report.
                 3. Discussion of risk events that are considered to have a high risk to determine mitigation steps.
                 4. Monitoring of significant issues through reports submitted by the KMRT secretariat.
                 5. Forms of follow-up actions required based on the results of the implementation of risk identification,
                     measurement and monitoring

                 Agenda of Discussion of the Integrated Risk Management Committee Meeting in 2024

                   No       Meeting Date        No Meeting Minutes                                       Agenda
                    1    07 February 2024   001/MIRG-KMRT/2024            1.   Financial Highlight Mega Corpora period December 2023
                                                                          2.   Mega Capital Investama Permit Return Process
                                                                          3.   Progress Spin Off Syariah Insurance Unit
                                                                          4.   Integrated Risk Profile Report period December 2023
                                                                          5.   Monitoring Concerns in LJK
                                                                          6.   Integrated KPMM Report period December 2023
                                                                          7.   Integrated Risk Limit Report period December 2023
                                                                          8.   Integrated Stress Test Report period December 2023

                    2    21 May 2024        002/MIRG-KMRT/2024            1.   Financial Highlight Mega Corpora periode Maret 2024
                                                                          2.   Laporan Profil Risiko Terintegrasi periode Maret 2024
                                                                          3.   Review Parameter & Monitoring Concern-Concern di LJK
                                                                          4.   Laporan KPMM Terintegrasi periode Maret 2024
                                                                          5.   Laporan Risk Limit Terintegrasi periode Maret 2024

                    3    04 August 2024     003/MIRG-KMRT/2024            1.   Financial Highlight Mega Corpora period March 2024
                                                                          2.   Integrated Risk Profile Report period March 2024
                                                                          3.   Review of Parameters & Monitoring Concerns in LJK
                                                                          4.   Integrated KPMM Report period March 2024
                                                                          5.   Integrated Risk Limit Report period March 2024

                    4    21 November 2024   004/MIRG-KMRT/2024            1.   Financial Highlight Mega Corpora period September 2024
                                                                          2.   Results of OJK Examination of KK Mega Corpora
                                                                          3.   Gap Analysis BPD Sulteng
                                                                          4.   Integrated Risk Profile Report period September 2024
                                                                          5.   Monitoring Concerns of LJK period September 2024
                                                                          6.   Integrated KPMM Report period September 2024
                                                                          7.   Integrated Risk Limit Report period September 2024

                   Total Meeting                                          4 times



                 Integrated Governance Committee
                 In implementing Integrated Governance of Mega Corpora Financial Conglomerate, Bank Mega as the Main
                 Entity has formed an Integrated Governance Committee.

                 Legal Basis for Establishment
                 •  Financial Services Authority Regulation No. 30 of 2024 dated December 19, 2024 concerning Financial
                    Conglomerates and Financial Conglomerate Holding Companies.
                 •  Financial Services Authority Regulation No. 18/POJK.03/2014 dated November 18, 2014 concerning
                    Implementation of Integrated Governance for Financial Conglomerates.
                 •  Financial Services Authority Circular Letter No.15/SEOJK.03/2015 dated May 25, 2015 concerning
                    Implementation of Integrated Governance for Financial Conglomerates.
                 •  Decree of the Board of Commissioners No. 006/DEKOM/23 dated May 15, 2023 concerning the Integrated
                    Governance Committee.




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               Structure and membership of the Integrated Governance Committee


                Committee Chairman               Independent Commissioner of Main Entity (EU) PT Bank Mega Tbk

                Secretary                        Director of Compliance & Human Capital EU
                                                 The Secretary is assisted by the Integrated Compliance Working Unit (SKKT) under the
                                                 Compliance & GCG Head.

                Permanent Members with Voting    -   Independent Commissioner representing and appointed by the Financial Services Institution
                Rights                               (LJK) of the Financial Conglomerate (KK) Mega Corpora
                                                 -   Independent Party (Member of the Assistant Committee of the Board of Commissioners at
                                                     the EU)
                                                 -   Representative of the Controlling Shareholder (PT. Mega Corpora)
                                                 -   Sharia Supervisory Board (DPS) of the Sharia Banking LJK



               Authorities and Responsibilities of the Integrated Governance Committee:
               The authority and responsibility of the Integrated Governance Committee is to evaluate and provide
               recommendations to the Board of Commissioners (EU) regarding Integrated Governance which at least
               includes:
               a. Evaluating the implementation of Integrated Governance at least through an assessment of the adequacy
                   of internal control and the implementation of integrated compliance functions, including monitoring the
                   implementation of Banking Synergy cooperation.
               b. Providing recommendations to the Board of Commissioners of the Main Entity for the improvement of the
                   Integrated Governance Committee Work Guidelines.
               c. Holding Integrated Governance Committee meetings.

               Implementation of the Integrated Governance Committee Meeting in 2024

                 No      Meeting Date        No Meeting Minutes                                          Agenda
                  1    07 February 2024   001/KTKT/2024                 1. Follow-up to the recommendations of the TKT Committee (results of
                                                                           the KTKT meeting on August 1, 2023).
                                                                        2. Self-Assessment of the Implementation of TKT Semester II of 2023.
                                                                        3. POJK No. 17 of 2023 concerning the Implementation of Commercial
                                                                           Bank Governance (Chapter V).

                  2    02 August 2024     002/KTKT/2024                 1.    Follow-up to the recommendations of the TKT Committee (results of
                                                                              the KTKT meeting on February 2, 2024)
                                                                        2.    Assessment of the Implementation of Integrated Governance of Mega
                                                                              Corpora KK for Semester II - 2023 by the Financial Conglomerate
                                                                              Supervisory Agency (OJK)
                                                                        3.    Self-Assessment of the Implementation of TKT for Semester I of
                                                                              2024.
                                                                        4.    Updates to the Integrated Governance Committee & TKT Guidelines.
                                                                        5.    Progress of Preparation for the Implementation of the Integrated
                                                                              APU, PPT & PPPSPM Programs.

                Total Meeting                                           2 Times




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                 Corporate
                 Secretary


                 Bank Mega has a Corporate Secretary whose primary            DIRBM-COAF/15 dated November 2, 2015. This
                 duties and responsibilities include maintaining              appointment complies with OJK Regulation No. 35/
                 the Bank’s image and safeguarding its interests by           POJK.04/2014 dated December 8, 2014.
                 fostering communication and strong relationships
                 with stakeholders. The Corporate Secretary also
                 serves as a liaison between the Bank, shareholders,          CORPORATE SECRETARY PROFILE
                 and other stakeholders. Additionally, the Corporate
                 Secretary is responsible for ensuring the Bank’s             The profile of Christiana M. Damanik, as Corporate
                 compliance with prevailing laws and regulations,             Secretary and Corporate Affairs Head, is available
                 particularly in the capital markets sector.                  in the Corporate Secretary Profile section of the
                                                                              Corporate Profile chapter in this Annual Report.

                 LEGAL BASIS
                                                                              TERM OF OFFICE AND DOMICILE
                 Bank Mega appointed Ms. Christiana M. Damanik as
                 Corporate Secretary and Corporate Affairs Head,              Christiana M. Damanik has been serving as the
                 in accordance with the report submitted to the               Corporate Secretary effectively since ___________
                 Indonesia Stock Exchange (IDX) and the Financial             and continues to hold this position until now. She is
                 Services Authority (OJK) under Letter No. 262/               domiciled in Jakarta (Bogor?), Indonesia.



                 Corporate Secretary Organizational Structure



                                                      Compliance & Human Capital Director



                                                                Corporate Affairs Head




                                    Corporate Secretariat Head




                     Corporate Secretariat                 Board Office Support                     Corporate Communication &
                          Specialist                              Staff                                 Culture Specialist




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                                                                          Corporate
                                                                          Governance




               ROLE OF THE CORPORATE SECRETARY                                    3.     To assist the Board of Directors in complying
                                                                                         with capital market regulations and their
               Based on the Board Manual, the role of the Corporate                      implementing rules.
               Secretary in the working relationship between the                  4.     To act as a liaison between Bank Mega and
               Board of Commissioners and the Board of Directors                         the Financial Services Authority, PT Bursa Efek
               is as follows:                                                            Indonesia (BEI), other regulators and the public.
               •    Organize document management activities                       5.     To prepare a special list of shares.
                    related to policies issued, minutes of meetings,              6.     To maintain and be responsible for the availability
                    and minutes of meetings attended by the Board                        of the minutes of the meetings of the Board of
                    of Commissioners and Directors.                                      Directors and the joint meetings of the Board of
               •    Act as a liaison between the Board of Directors                      Commissioners and the Board of Directors.
                    and the Board of Commissioners with                           7.     To prepare the necessary materials in connection
                    shareholders, related agencies, the community,                       with the routine reports/activities of the Directors
                    and other stakeholders.                                              that are to be presented to external parties.
               •    Perform protocol functions for the activities                 8.     To be responsible for the organization of the
                    of the Board of Directors and the Board of                           General Meeting of Shareholders.
                    Commissioners, the implementation of the GMS
                    and the official activities of the Bank.
               •    Serve as the Bank’s spokesperson to external                  IMPLEMENTATION OF DUTIES IN 2024
                    parties and collect information related to the
                    Bank and parties outside the Bank related to                  Training and Competency Development
                    the Bank’s business activities and implement                  The Corporate Secretary of Bank Mega has
                    communication strategies in accordance with                   participated in various training and competency
                    the Bank’s needs.                                             development programs throughout 2024. Further
               •    Other functions as specified in the Bank’s Internal           details can be found in the profile of Christiana M.
                    Regulations.                                                  Damanik in the Corporate Profile chapter of this
                                                                                  Annual Report.

               DUTIES AND RESPONSIBILITIES                                        Information Disclosure in 2024
                                                                                  The Corporate Secretary of Bank Mega has
               Corporate Secretary has the following duties and                   disseminated various information related to Bank
               responsibilities:                                                  Mega to the public through mass media, the IDX
               1. To keep abreast of developments in the capital                  website, and the Bank Mega website (https://
                   market, in particular the regulations applicable               b a n k m e g a .co m / i d /te n t a n g - ka m i / h u b u n g a n -
                   to the capital market sector.                                  investor-new/), available in both Indonesian and
               2. Provide services for any information required                   English. In addition, the Corporate Secretary has
                   by shareholders and the public regarding the                   published press releases regarding Bank Mega
                   condition of the Bank, such as requests for                    throughout 2024, which can be accessed at (https://
                   annual reports and annual general meetings.                    bankmega.com/id/tentang-kami/profil-bank-
                                                                                  mega/). The Corporate Secretary has also submitted
                                                                                  both periodic and incidental reports to IDX and OJK,
                                                                                  as follows:

               Table of Outgoing Mail List 2024

                 No.        Date                                               Subject                                                   Objective

                  1    08-Jan-24    Foreign Currency Debt Report for the Period of November 30, 2024                                         OJK
                  2    10-Jan-24    Explanation of Securities Transaction Volatility                                                         OJK
                  3    15-Jan-24    Registration Activity Report as of November 2024                                                        KSEI
                  4    25-Jan-24    Submission of the 2025 Education Implementation Plan Report                                              OJK
                  5    30-Jan-24    Financial Literacy and Inclusion Implementation Plan Report 2025                                        OJK
                  6    07-Feb-24    Foreign Currency Debt Report for the Period of October 31, 2024                                          OJK
                  7    07-Feb-24    Registration activity report as of October 2024                                                          OJK
                  8    07-Feb-24    Publication of PT Bank Mega Tbk Financial Report as of September 30, 2024                                OJK
                  9    07-Feb-24    Submission of the September 2024 Interim Financial Report                                            OJK ; BEI
                 10    12-Feb-24    Foreign Currency Debt Report for the Period of September 30, 2024                                        OJK
                  11   12-Feb-24    Organizational Structure of PT Bank Mega Tbk                                                             OJK



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                   No.           Date                                             Subject                                          Objective

                    12    13-Feb-24     Report on Registration Activity as of September 2024                                          OJK
                    13    15-Feb-24     Survey on the Regulation and Implementation of Transparency of General Bank Reports            BEI
                    14    27-Feb-24     Foreign Currency Debt Report for the Period of August 31, 2024                                 BEI
                    15    29-Feb-24     Report on Registration Activity as of August 2024                                           OJK ; BEI
                    16    05-Mar-24     Advertisement of Information Disclosure on the Financial Statements of PT Mega Corpora      OJK ; BEI
                                        and Subsidiaries
                    17    05-Mar-24     Advertisement of Information Disclosure on the Financial Statements of PT Mega Corpora      OJK ; BEI
                                        and Subsidiaries
                    18    06-Mar-24     Foreign Currency Debt Report for the Period of July 31, 2024                                   BEI
                    19    08-Mar-24     Registration Activity Report as of July 2024                                                   OJK
                    20    08-Mar-24     Publication of PT Bank Mega Tbk Financial Statements as of June 30, 2024                       OJK
                    21    25-Mar-24     Submission of Interim Financial Statements for June 2024                                      KSEI
                    22    25-Mar-24     Foreign Currency Debt Report for the Period of June 30, 2024                                  KSEI
                    23    26-Mar-24     Report on Registration Activity as of June 2024                                                OJK
                    24    28-Mar-24     First Change to the Organizational Structure of PT Bank Mega Tbk                            OJK; BEI
                    25    01-Apr-24     Foreign Currency Debt Report for the Period of May 31, 2024                                   OJK
                    26    03-Apr-24     Report on Registration Activity as of May 2024                                                 OJK
                    27    05-Apr-24     Report on Material Information or Fact                                                         OJK
                    28    30-Apr-24     Report on Registration Activity as of April 2024                                               OJK
                    29    30-Apr-24     Foreign Currency Debt Report for the Period of April 30, 2024                                  OJK
                    30    30-Apr-24     Submission of PT Mega Corpora Annual Report (Parent Company of PT Bank Mega Tbk)               OJK
                    31    30-Apr-24     Submission of PT Mega Corpora Annual Report (Parent Company of PT Bank Mega Tbk)               OJK
                    32    30-Apr-24     Report on the Implementation of Financial Education and Inclusion for Quarter 1 of 2024        OJK
                    33    06-May-24     Submission of Interim Financial Report for March 2024                                          OJK
                    34    06-May-24     Publication of PT Bank Mega Tbk Financial Report as of March 31, 2024                          OJK
                    35    14-May-24     Foreign Currency Debt Report for the Period of March 31, 2024                               OJK ; BEI
                    36    07-Jun-24     Report on Registration Activity as of March 2024                                               OJK
                    37    07-Jun-24     Information of Disclosure Advertisement on Financial Report of PT Mega Corpora and             OJK
                                        Subsidiaries
                    38    02-Jul-24     Submission of Deed of PT Bank Mega Tbk                                                         OJK
                    39    05-Jul-24     Organizational Structure Report of PT Bank Mega Tbk                                            OJK
                    40    09-Jul-24     Account Number of PT Bank Mega Tbk. (MEGA)                                                     OJK
                    41    31-Jul-24     Instruction on Distribution of Cash Dividends on PT Bank Mega Tbk (MEGA) Shares                OJK
                    42    31-Jul-24     Foreign Currency Debt Report for the Period of February 29, 2024                               OJK
                    43    05-Aug-24     Report on Registration Activity as of February 2024                                            OJK
                    44    09-Aug-24     Public Expose Results Report of PT Bank Mega Tbk                                               OJK
                    45    15-Aug-24     Information on Changes in Management                                                           OJK
                    46    15-Aug-24     Submission of Summary of Minutes and Results of the AGMS of PT Bank Mega Tbk                   OJK
                    47    04-Sep-24     Submission of Revised Annual Report and Sustainability Report 2023 of PT Bank Mega Tbk         OJK
                    48    10-Sep-24     Submission of Public Expose Materials                                                          OJK
                    49    19-Sep-24     Report on Public Expose Plan of PT Bank Mega Tbk                                               OJK
                    50    04-Oct-24     Resignation of Deputy President Commissioner of PT Bank Mega Tbk                               OJK
                    51    09-Oct-2024   Foreign Currency Debt Report for the Period of January 31, 2024                                OJK
                    52    09-Oct-24     Report on Registration Activity as of January 2024                                             OJK
                    53    31-Oct-24     Submission of Annual Report and Sustainability Report 2023 of PT Bank Mega Tbk                OJK
                    54    31-Oct-24     Publication of Financial Report of PT Bank Mega Tbk As of 31 Dec 2023                         OJK
                    55    05-Nov-24     Resignation of Deputy President Commissioner of PT Bank Mega Tbk                              OJK
                    56    08-Nov-24     Report of Material Information or Facts Resignation of Deputy President Commissioner of       OJK
                                        PT Bank Mega TBK
                    57    29-Nov-24     Report on Implementation of Financial Education and Inclusion Quarter 4 of 2023                OJK
                    58    29-Nov-24     Report on Business Group Structure                                                             BI
                    59    04-Dec-24     Balance confirmation of PT Bank Mega Tbk securities                                           OJK
                    60    09-Dec-24     Report on Foreign Currency Debts Period 31 December 2023                                       IDX
                    61    09-Dec-24     Report on Registration Activities As of December 2023                                         OJK




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               List of Press Releases in 2024
                 No                                                    Title                                                         Date
                  1    Feel the Freshness of Ponkam Oranges Only 1 MPC Point “BIKIN JADI PERTAMA” provides a Special          4 February 2024
                       Customer Experience (Jakarta)

                  2    Feel the Freshness of Ponkam Oranges Only 1 MPC Point “BIKIN JADI PERTAMA” provides a Special          4 February 2024
                       Customer Experience (Medan)

                  3    Feel the Freshness of Ponkam Oranges Only 1 MPC Point “BIKIN JADI PERTAMA” provides a Special          4 February 2024
                       Customer Experience (Bandung)

                 4     Feel the Freshness of Ponkam Oranges Only 1 MPC Point “BIKIN JADI PERTAMA” provides a Special          4 February 2024
                       Customer Experience (Semarang)

                  5    Feel the Freshness of Ponkam Oranges Only 1 MPC Point “BIKIN JADI PERTAMA” provides a Special          4 February 2024
                       Customer Experience (Surabaya)

                  6    Feel the Freshness of Ponkam Oranges Only 1 MPC Point “BIKIN JADI PERTAMA” provides a Special          4 February 2024
                       Customer Experience (Makassar)

                  7    Feel the Freshness of Ponkam Oranges Only 1 MPC Point “BIKIN JADI PERTAMA” provides a Special          4 February 2024
                       Customer Experience (Balikpapan)

                  8    Bank Mega & IHH Healthcare Malaysia Signed MOU to Increase Access to Quality Health Services for       21 February 2024
                       Bank Mega Cardholders

                  9    Plan to Study While Traveling Abroad “Take Advantage of Various Attractive Packages, Including         23 February 2024
                       Flying to Your Favorite Campus”

                 10    Bank Mega Held Annual General Meeting of Shareholders and Performance Exposure for Financial           1 March 2024
                       Year 2023 “GMS Decided to Distribute Cash Dividend of Rp2.46 Trillion”

                 11    Nonton Bareng Mega: Enjoy the Premiere of Bad Boys 4 - Ride or Die only by redeeming 1 MPC Points      5 June 2024
                       #BikinJadiPirst

                 12    Mega Berbagi Program SD Negeri 16 Siparayo - Pasaman “Saving and Sharing for the Sustainability of     26 June 2024
                       Education of the Nation's Children”

                 13    1 Unit of BMW 520i M Sport for Bank Mega's Lucky Customer in Bandung - Grand Prize Winner              17 July 2024
                       “Meriah Bareng Mega”

                 14    Tap To Pay presents a new way of payment transaction - a practical, safe and fun payment transaction   25 August 2024
                       service #oneTAPahead

                 15    Get “Luxury Travel Experience” with Attractive Offers at Mega Travel Fair Choose Various Attractive    06 September 2024
                       Travel Offers, and pay with Tap to Pay: fast, practical, safe (Jakarta)

                 16    PT Bank Mega Tbk and PT SMI Distributed Syndicated Credit to PT INKA Worth Rp2.1 Trillion              09 September 2024

                 17    Bank Mega Continues “Meriah Bareng Mega #EasyToBecomeA BillionaireWhoCanDoAnything”                    11 September 2024
                       Program

                 18    Get “Luxury Travel Experience” with Attractive Offers at Mega Travel Fair Choose Various Attractive    13 September 2024
                       Travel Offers, and pay with Tap to Pay: fast, practical, safe (Bandung)

                 19    SMP and SMA YPPI Baleendah, Bandung Completed Renovation #Tabungan Mimpi, Restoring Every              11 October 2024
                       Dream of the Nation's Children

                 20    Bank Mega Held “Fun Walk 5K Like a Billionaiere” #EasyToBecomeA BillionaireWhoCanAnything              27 October 2024
                       (Jakarta)

                 21    Bank Mega Holds "Fun Walk 5K Like a Billionaire" #It's Easy to Become a BillionaireWhoCanAnything      1 December 2024
                       (Makassar)

                 22    Bank Mega Holds "Fun Walk 5K Like a Billionaire" #It's Easy to Become a Billionaire WhoCan Do          1 December 2024
                       Anything (Bandung)

                 23    Bank Mega Holds "Fun Walk 5K Like a Billionaire" #It's Easy to Become a Billionaire Who Can Do         8 Decembr 2024
                       Anything (Semarang)

                 24    Bank Mega Holds "Fun Walk 5K Like a Billionaire" #It's Easy to Become a BillionaireWhoCanAnything      8 Decembr 2024
                       (Medan)

                 25    Bank Mega Holds "Fun Walk 5K Like a Billionaire" #It's Easy to Become a Billionaire WhoCan Do          8 December 2024
                       Anything (Samarinda)

                 26    Collaboration between Bank Mega and Metro presents "Radiance of Elegance Fashion Show by               13 December 2024
                       SebastianRed" for MegaFirst Customers




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                 Audit
                 Internal


                 Bank Mega memiliki unit Internal Audit yang                   operasional, dan kegiatan lain melalui proses
                 berfungsi memberikan assurances dan konsultasi                audit;
                 yang bersifat independen dan objektif, dengan tujuan     4.   Memberikan saran atau rekomendasi perbaikan
                 untuk meningkatkan nilai Bank dan memperbaiki                 yang efektif untuk diterapkan pada seluruh
                 operasional Bank, melalui pendekatan yang sistimatis,         tingkatan      manajemen,      terkait   dengan
                 dengan cara mengevaluasi dan meningkatkan                     pemeriksaan audit;
                 efektivitas manajemen risiko, pengendalian, dan          5.   Memantau, menganalisis, dan melaporkan
                 proses tata kelola Bank.                                      pelaksanaan tindak lanjut perbaikan yang telah
                                                                               disepakati dengan manajemen satuan kerja yang
                 Piagam Unit Internal Audit                                    diaudit;
                 Unit Internal Audit bekerja berdasarkan Piagam           6.   Melakukan kegiatan audit di luar RKAT (khusus)
                 Unit Internal Audit yang disusun berdasarkan POJK             apabila dipandang perlu oleh Internal Audit
                 No.56/2015 tentang Pembentukan dan Pedoman                    (IADT), dengan mempertimbangkan potensi
                 Penyusunan Piagam Unit Internal Audit. Piagam                 risiko bagi bank;
                 Audit Internal Bank Mega telah dikinikan pada            7.   Dalam rangka pelaksanaan fungsi sebagai
                 tanggal 18 April 2022. Hal-hal penting yang diatur            Satuan Kerja Audit Intern Terintegrasi, dengan
                 dalam Piagam Unit Internal Audit adalah, antara lain,         mengacu pada Pedoman Tata Kelola Terintegrasi
                 ruang lingkup dan fungsi; struktur dan kedudukan;             Konglomerasi Keuangan PT Mega Corpora,
                 tugas dan tanggung jawab; wewenang; hubungan                  Internal Audit (IADT) melakukan tugas sebagai
                 Unit Internal Audit dengan satuan kerja yang                  berikut:
                 melakukan fungsi pengendalian intern; persyaratan             a. Memantau pelaksanaan audit intern pada
                 auditor intern; kode etik; larangan merangkap tugas                masing-masing Lembaga Jasa Keuangan
                 dan jabatan; pertanggungjawaban internal audit;                    (LJK) terelasi dalam Konglomerasi Keuangan;
                 tanggung jawab dan akuntabilitas; independensi                b. Menyampaikan          laporan     pemantauan
                 dalam memberikan layanan konsultasi atau tugas                     pelaksanaan audit terintegrasi kepada
                 khusus lain; dan koordinasi dengan auditor eksternal.              Direktur yang ditunjuk untuk melakukan
                                                                                    pengawasan terhadap Lembaga Jasa
                 Tugas dan Tanggung Jawab                                           Keuangan (LJK) dalam Konglomerasi
                 Merujuk pada POJK No. 1/2019, Bank Mega                            Keuangan dan Dewan Komisaris Entitas
                 menetapkan tugas dan tanggung Unit Internal Audit                  Utama serta Direktur yang membawahkan
                 sebagaimana yang tertuang dalam Piagam Unit                        fungsi Kepatuhan Entitas Utama.
                 Internal Audit, sebagai berikut:
                 1. Membantu tugas Direktur Utama dan Dewan               Struktur Organisasi dan Komposisi Unit
                     Komisaris dalam melakukan pengawasan dengan          Internal Audit
                     cara menyusun dan merealisasikan Rencana             Secara struktural, Internal Audit (IADT) Bank Mega
                     Kerja Audit Tahunan (RKAT) yang telah disetujui      dipimpin oleh Internal Audit Head yang diangkat
                     Direktur Utama dan Dewan Komisaris dengan            dan diberhentikan oleh Direktur Utama setelah
                     memperhatikan rekomendasi Komite Audit;              mendapat persetujuan dari Dewan Komisaris dengan
                 2. Melakukan pemantauan terhadap pelaksanaan             mempertimbangkan rekomendasi dari Komite Audit,
                     tindakan perbaikan dan pencegahan yang harus         serta dilaporkan kepada OJK. Internal Audit Head
                     dilakukan auditee terkait dengan hasil temuan        berada langsung di bawah dan bertanggung jawab
                     audit;                                               kepada Direktur Utama, serta dapat berkomunkasi
                 3. Menganalisis,     mengevaluasi,  dan     menilai      dengan Direksi, Dewan Komisaris, dan Komite
                     kecukupan serta efektivitas pelaksanaan tata         Audit untuk menginformasikan berbagai hal yang
                     kelola, manajemen risiko dan pengendalian            berhubungan dengan kegiatan audit. Internal
                     intern di bidang keuangan, akuntansi, sumber         Auditor bertanggung jawab secara berjenjang
                     daya manusia, teknologi informasi, pemasaran,        melalui Pemimpin Bagian Audit kepada IADT Head,
                                                                          sebagaimana dijelaskan pada bagan berikut ini:

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                                                                              Corporate
                                                                              Governance




                                                                      President Director



                                                                      Internal Audit Head




                                                                       Head Office, Integration
                    Regional & Branch
                                                                       & Professional Practices                               IT Audit Head
                       Audit Head
                                                                             Audit Head




                    Regional & Branch                     Head Office                      Quality Assurance &
                                                                                                                             IT Audit Auditor
                      Audit Auditor                      Audit Auditor                    Integration Specialist




               Profil Kepala Audit Internal                                          2.    Mampu      mengungkapkan        pandangan   dan
               Harlina Wati Rahardja diangkat menjadi Kepala                               pemikiran tanpa pengaruh atau tekanan dari
               Audit Internal sejak tanggal 16 Desember 2024                               pihak mana pun;
               berdasarkan Surat Keputusan Direksi No.SK.1555/                       3.    Bebas dari benturan kepentingan (conflict of
               DIRBM/PJGP/24, dan telah dilaporkan kepada                                  interest) atas objek atau kegiatan yang diaudit
               PT Bursa Efek Indonesia dan Otoritas Jasa Keuangan                          dan apabila Auditor Intern memiliki benturan
               melalui Surat Nomor 216/DIRBM-HCRO/24 tanggal                               kepentingan, maka yang bersangkutan wajib
               12 Desember 2024. Profil Harlina Wati Rahardja                              menyatakan keterkaitannya sehingga tidak
               sebagai Kepala Audit Internal dapat dilihat pada Bab                        ditugaskan untuk melaksanakan kegiatan audit
               Profil Perusahaan dalam Laporan Tahunan ini.                                terhadap objek atau kegiatan dimaksud;
                                                                                     4.    Tidak melakukan kegiatan-kegiatan yang bersifat
               Sumber Daya Manusia Unit Internal Audit                                     operasional di luar aktivitas audit intern.
               Per 31 Desember 2024, IADT didukung oleh sumber
               daya manusia yang sebagian besar telah bersertifikasi                 Partisipasi Dalam Perhimpunan Profesi
               manajemen risiko, sebagai berikut:
                                                                                     Pelaksanaan Kegiatan Unit Internal Audit Tahun
               Data Sertifikasi Pegawai                                              2024
                       Sertifikasi   Jumlah                                          Sepanjang tahun 2024, Internal Audit (IADT) telah
                No.                                      Keterangan
                         (SMR)       Pegawai                                         melaksanakan kegiatan maupun tugas dan tanggung
                1        Belum          10     Auditor & Specialist                  jawab aktivitas sebagai berikut:
                2           1           22     Auditor & Pemimpin Bagian             a. Melakukan Audit bidang operasional dan bisnis
                                               Audit                                     terhadap 85 Kantor Regional/Kantor Cabang/
                3           2            3     Auditor                                   Kantor Cabang Pembantu.
                4           3            3     IADT Head & Pemimpin                  b. Melakukan Audit terhadap 36 objek di Kantor
                                               Bagian Audit                              Pusat Non Operasional (KPNO), baik itu audit
                Jumlah                  38                                               terhadap Divisi, Audit yang sifatnya Mandatory
                                                                                         menurut Regulator, maupun audit tematik.
                                                                                     c. Melakukan Audit bidang Teknologi Informasi
               Independensi Unit Internal Audit                                          terhadap sebanyak 21 objek.
               Piagam Unit Internal Audit menetapkan bahwa                           d. Melakukan pemantauan terhadap temuan hasil
               setiap anggota Unit Internal Audit harus memenuhi                         audit pada seluruh auditee.
               persyaratan terkait independensi.     Independensi                    e. Melakukan pemantauan pelaksanaan audit intern
               setiap anggota Unit Internal Audit dapat diukur                           terhadap 10 Lembaga Jasa Keuangan (LJK) pada
               dengan pemenuhan syarat-syarat berikut ini:                               Konglomerasi Keuangan Mega Corpora.
               1. Memiliki kebebasan dalam menetapkan metode,                        f. Bertindak selaku Counterpart Bank Indonesia/
                   cakupan, cara, teknik, dan pendekatan audit                           Otoritas Jasa Keuangan.
                   yang akan dilakukan serta pelaporan hasilnya;

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                 g.        Melakukan peningkatan mutu keterampilan                        Sepanjang tahun 2024, Internal Audit (IADT) Head
                           sumber daya manusia secara berkala dan                         berkomunikasi langsung dengan Direksi, Dewan
                           berkelanjutan   dengan  mengikutsertakan                       Komisaris dan Komite Audit untuk menginformasikan
                           pegawai dalam berbagai pelatihan maupun                        berbagai hal yang berhubungan dengan kegiatan
                           seminar/workshop.                                              audit.

                 Hasil audit dituangkan dalam Laporan Hasil Audit                         Pelatihan Selama Tahun Buku
                 (LHA) yang berisi seluruh temuan dan tanggapan dari                      Selama tahun 2024 Unit Internal Audit secara
                 auditee (pihak-pihak yang diaudit) serta komitmen                        berkelanjutan dan berkala meningkatkan mutu
                 auditee untuk menyelesaikan temuan audit yang                            keterampilan sumber daya manusianya dengan ikut
                 dimaksud dalam jangka waktu yang telah ditetapkan.                       serta dalam berbagai program seminar dan training
                 LHA disampaikan kepada Direktur Utama atau Dewan                         sebagai berikut:
                 Komisaris dengan salinan kepada Dewan Komisaris,
                 Komite Audit, dan Direktur Kepatuhan.


                                                                                                                                     Number of
                   No.                                                         Training
                                                                                                                                     Participants
                      1     Level 5 Risk Management Refresher                                                                             2
                      2     Personal Data Protection Law Awareness                                                                       38
                      3     Tier 6 Risk Management Refresher                                                                              1
                      4     Strengthening Financial Integrity Webinar: Advanced Strategies and Innovations in Anti-Fraud                  16
                      5     Awareness & Preparation for Implementation of Law No. 27 Year 2022 on Personal Data Protection                2
                      6     Bankwide Cyber Exercise Training                                                                              2
                      7     Socialization of BI's LHPK for Internal Audit Participants                                                    10
                      8     Bankwide Cyber Exercise - Ransomware Attack Scenario                                                          2
                      9     Corporate Outbound IADT 2024                                                                                 39
                    10      Cyber Risk & Data Privacy Awareness Workshop Top Level                                                        4
                      11    Management                                                                                                    1
                      12    IT Security Awareness Training                                                                                6
                      13    Empowering Leadership Webinar: How Women Leaders Drive                                                        6
                      14    Company and Institution Performance                                                                           6
                      15    IDEA Data Analytics Training                                                                                  2
                      16    Personal Data Protection Coaching Clinic                                                                      2
                      17    Webinar The Future of Data Analytics in the Financial Industry: Trends and Innovations                        17
                      18    Asian Confederation of Institute of Internal Auditors (ACIIA) Regional Conference - Purposeful Impact         1
                      19    Webinar When Veda Meets Praxis: Enhancing GRC through an Integrated Quality Management System                 1
                   20       Personal Data Protection PIC Workshop                                                                         3
                      21    Webinar Market Conduct Implementation Strategy: Building Trust and Improving Financial Services               10
                            Performance
                   22       Webinar Driving Corporate Performance through Artificial Intelligence                                         3
                   23       Awareness & Preparation for Implementation of Law No. 27 of 2022 on Personal Data Protection                  2
                   24       Agile Auditing Training                                                                                       15
                   25       Webinar The Role of Digital Technology in Improving Accounting Practices                                      4
                   26       Socialization of Electronic Land Certificates                                                                 1
                   27       Webinar How to Mitigate Transition and Physical Risks in the Financial Sector                                 1




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               Compliance
               Function


               Bank Mega’s Compliance Function is guided by POJK          risk exposures, especially in this era of advances in
               No.46/POJK.03/2017 on the Implementation of                information technology, globalization and financial
               Compliance Function of Commercial Banks, which is          market integration.
               to perform a series of preventive actions or steps (ex-
               ante) to ensure that policies, provisions, systems, and    Compliance Structure
               procedures, as well as business activities conducted       Bank Mega has appointed a Director in charge of
               by the Bank are in accordance with OJK and laws            the compliance function (Director of Compliance &
               and regulations, and to ensure the Bank’s compliance       Human Capital) and formed a Compliance Work Unit
               with commitments made by the Bank to OJK and/              (Compliance & GCG) that is independent from the
               or other authorized supervisory authorities. The           operational work unit. The Organizational Structure
               Compliance function plays a very important role in         of the Compliance & Human Capital Directorate
               strengthening the Bank’s structure against possible        refers to the Decree of the Board of Directors No.114/
                                                                          DIRBM/24 dated October 7, 2024.




                                                    Compliance & Human Capital Director



                                                          Compliance & GCG Head




                   Liabilities & Operation Policy
                                                            Credit Policy Compliance                     GCG & Governance
                      Compliance Assurance
                                                              Assurance Specialist                      Integration Specialist
                              Specialist




               The Compliance Work Unit (Compliance & GCG) has            In carrying out the compliance function, the Director
               been supported by human resources, most of whom            of Compliance together with the Compliance Work
               have been certified in risk management as follows:         Unit have submitted the following Compliance
                                                                          Reports:
                                                         Number of        1. Report to OJK:
                No.     Risk Management Certification
                                                         Employees            a. Compliance Report for Semester I - 2024
                  1.   Level 4                               3                     through Letter No. 019/DIR-CHC/2024
                 2.    Level 5                              4                      dated July 22, 2024.
                 3.    Level 6                               1
                                                                              b. Compliance Report for Semester II - 2024
                                                                                   through Letter No. 002/DIR-CHC/2025
                                                                                   dated January 22, 2025.
               There are 3 people who do not yet have a Risk
               Management Certification, namely 2 people who
               just joined in semester I - 2024 and 1 person as an
               administrative staff.




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                 2.   Report to the President Director (copy to the              b. Compliance work plan contained in the Bank
                      Board of Commissioners):                                      Business Plan
                      a. Compliance Report for Quarter I of 2024                c. Special report (if there is a significant
                         through Service Memo No. MD.015/DIR-                       deviation from the provisions of the Financial
                         CHC/24 dated April 30, 2024                                Services Authority (OJK)/Bank Indonesia
                      b. Compliance Report for Quarter III of 2024                  and/or applicable laws and regulations)
                         through Service Memo No. MD.047/DIR-                       addressed to the Financial Services Authority
                         CHC/24 dated October 22, 2024.                             (OJK).
                                                                            10. Conduct self-assessment of the implementation
                 In addition to the above report, the Compliance                of Good Corporate Governance (GCG) and
                 Work Unit (CGCG) submits a monthly report on                   prepare a Governance Implementation Report in
                 the implementation of compliance and governance                accordance with the provisions of the Financial
                 functions to the Director of Compliance.                       Services Authority.
                                                                            11. Act as an Integrated Compliance Work Unit
                 Compliance Framework                                           (Integrated Governance in the Mega Corpora
                 1.   Taking steps to support the creation of a                 Financial Conglomerate), and conduct self-
                      Compliance Culture in all Bank business activities        assessment of the implementation of Integrated
                      at every level of the organization.                       Governance (TKT) and report the implementation
                 2.   Identifying,    measuring,     monitoring,     and        of TKT to OJK.
                      controlling Compliance Risks by referring to
                      the applicable Financial Services Authority           Implementation of Compliance Function in
                      Regulations (POJK) (in coordination with SKMR).       2024
                 3.   Making efforts to ensure that the Bank›s policies     The Compliance Function has carried out its duties
                      and procedures, as well as business activities, are   and responsibilities throughout 2024.       The work
                      in accordance with the provisions of the Financial    programs and work realization of the Compliance
                      Services Authority (OJK), Bank Indonesia (BI)         Function in that year are as follows:
                      and applicable laws and regulations.                  1. Review of Policy Draft
                 4.   Conducting reviews and/or recommending                   a. Conducting a review of the draft operational,
                      updates and improvements to policies and                      credit, product & other internal policies.
                      procedures that have been owned and/or will be           b. Conducting a review of the draft policy
                      issued by the Bank to comply with the provisions              related to the implementation of the
                      of the Financial Services Authority (OJK)/                    compliance and governance functions.
                      Bank Indonesia (BI) and applicable laws and
                      regulations.                                          2.   Credit Provision Monitoring
                 5.   Creating a compliance checklist for plans to               a. Reviewing credit proposals with a certain
                      issue new products, synergy cooperation within                ceiling and cooperation proposals for credit
                      one Bank Business Group (KUB) and the Mega                    distribution (joint financing, etc.).
                      Corpora Financial Conglomerate.                            b. Monitoring credit quality.
                 6.   Ensuring      the    Bank›s   compliance      with         c. Monitoring     the     achievement    of the
                      commitments made by the Bank to the Financial                 Macroprudential Inclusive Financing Ratio
                      Services Authority (OJK)/Bank Indonesia (BI)                  (RPIM).
                      and/or other authorized supervisory authorities.
                 7.   Conducting socialization regarding matters            3.   Implementation of Provisions Socialization
                      related to the Compliance Function and                     As an effort to increase employee awareness
                      applicable policies and procedures.                        of compliance risks and foster and realize the
                 8.   Acting as a contact person for Bank compliance             implementation of a compliance culture at all
                      issues for internal and external parties.                  levels of the Bank›s organization and business
                 9.   Coordinating the preparation of reports related            activities.    The Bank, in this case the CGCG
                      to the compliance function in accordance with              work unit, has implemented the following steps:
                      applicable Financial Services Authority (OJK)              a. Direct socialization that has been carried out
                      regulations, such as:                                          is as follows:
                      a. Compliance Reports as regulated in the                      1) Becoming a facilitator in the Bank›s
                           applicable Financial Services Authority                        internal training programs such as:
                           Regulations (POJK).                                            career development programs (Mega
                                                                                          Management Development Program
                                                                                          and Operation Supervisor Development



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                              Program) and training for new employees            a.     Ensure that every business and operational
                              (New Employee Induction Program).                         activity is in accordance with applicable
                         2) Organizing socialization/training on                        policies and procedures and the limits of
                              Improving     the    Implementation     of                authority granted.
                              Compliance and Governance Culture                  b.     Ensure the implementation of dual control
                              for Regional Office and Branch Office                     (check & balance) in various business and
                              Officials with discussion materials:                      operational activities and be guided by the
                              Compliance and Governance Functions,                      Bank›s prudent principles.
                              Anti-Fraud Strategy, Implementation of             c.     Ensure that each employee has carried out
                              APU PPT & PPPSPM and Operations.                          their duties and responsibilities in accordance
                    b.   Indirect socialization is carried out in the                   with their respective job descriptions.
                         following ways:                                         d.     Increase employee knowledge by discussing
                         1) Through Bank Mega›s internal website                        policies and procedures on an ongoing basis
                              media that can be accessed by all                         and fostering a culture of compliance and
                              employees.                                                risk awareness.
                         2) Create Service Memos to all work units               e.     Provide suggestions/input for improvements
                              and     Branch      Offices/Sub-Branches                  to policies and procedures that are no
                              regarding     internal    and     external                longer appropriate/relevant to business and
                              provisions issued every month.                            operational activity conditions, while still
                              During 2024, 12 Service Memos have                        considering risks and prioritizing the Bank›s
                              been created.                                             prudent principles.
                         3) Create Service Memos to work units
                              related to the implementation of              6.   Review of the completeness of documents for:
                              external provisions (OJK, BI and other             a. Submission of approval for new Bank follow-
                              authorities) that require a review of                  up products to the regulator.
                              internal provisions and/or the creation of         b. Synergy cooperation carried out by Bank
                              an action plan for their implementation.               Mega with Banks in the Bank Business Group.
                              During 2024, 38 Service Memos have                 c. Cooperation in the context of Bancassurance.
                              been created.                                      d. Bank cooperation as a Mutual Fund Selling
                                                                                     Agent (APERD).
               4.   Monitoring of Prudential Principles
                    Monitoring has been carried out on the fulfillment      7.   Monitoring the Fulfillment of Bank Commitments
                    of OJK and BI regulations and the implementation             In collaboration with the Internal Audit Work
                    of the Bank›s prudential principles in fulfilling the        Unit, the Compliance Work Unit also monitors
                    provisions of capital, liquidity, Maximum Credit             the fulfillment of the Bank›s commitments to
                    Limit, asset/credit quality, GWM and foreign                 regulators (Financial Services Authority and
                    exchange management.                                         Bank Indonesia), especially regarding the results
                                                                                 of the audits conducted by the regulators.
               5.   Guidance on Bank Operational Activities
                    Based on the analysis of the Internal Audit                  The Bank›s commitments in 2024 related to the
                    Findings Report in the operational, funding                  audits by the Financial Services Authority (OJK)
                    and credit fields for 2024, 40 guidance Service              and Bank Indonesia (BI) have been followed up
                    Memos have been made addressed to work unit                  according to the agreed deadline and have been
                    leaders at the Head Office, Regional and Branch              reported to OJK and BI.
                    Offices to improve the supervision and guidance
                    function.                                               8.   Monitoring Compliance Risk Limits
                                                                                 In collaboration with the Risk Management
                    Guidance through Service Memos is one of the                 Work Unit, the Compliance Work Unit conducts
                    efforts to reduce repeated audit findings (the               periodic monitoring and assessment (self-
                    same findings in several branch offices) and high            assessment) of the Bank›s compliance risks.
                    risks which are expected to improve the culture
                    of compliance, where all work unit leaders at the
                    Head Office, Regional and Branch Offices to:




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                 Compliance Indicators 2024

                      No.                         Indicators                     Fulfillment                         Description
                      1.     Capital Adequacy Ratio (CAR)                          25.77%           Complies with regulatory requirements

                      2.     Non Performing Loan (NPL) Net                             1.23%        Complies with regulatory requirements

                      3.     Average Minimum Reserve Requirement (GWM) Rupiah          7.95%        Complies with regulatory requirements

                      4.     Average Minimum Reserve Requirement (GWM)                 4.09%        Complies with regulatory requirements

                      5.     Liquidity Coverage Ratio (LCR)                       230.89%           Complies with regulatory requirements

                      6.     Net Stable Funding Ratio (NSFR)                      125.19%           Complies with regulatory requirements

                      7.     Net Foreign Exchange Position (on and off balance         0.34%        Complies with regulatory requirements
                             sheet)

                      8.     Regulatory Examination Follow-up Commitment          Fulfilled         According to the specified deadline

                      9.     Maximum Credit Limit (BMPK):

                             BMPK Violation                                         None

                             BMPK Exceedance                                     Yes (1 time)       Has been reported to OJK and has been
                                                                                                    completed in accordance with the action plan.



                 Compliance Work Unit Work Plan for 2025                                 f.    Monitoring the availability of work guidelines
                 1.        Improving the culture of compliance at every                        for all work units according to the Bank›s
                           level of the organization as a preventive measure/                  organizational structure.
                           effort (ex-ante) to ensure the implementation of
                           compliance with the provisions of the OJK, Bank               Efforts to improve the culture of compliance
                           Indonesia and applicable laws and regulations as              and employee awareness of Compliance Risk
                           well as the implementation of prudential banking              are also carried out through monitoring the
                           principles, which include:                                    implementation of the Board of Directors›
                           a. Conducting a review of the draft internal                  policies regarding the submission of reports and
                               policies and procedures and Bank products                 fulfillment of regulatory provisions, employee
                               that will be issued and implemented.                      sanctions and integrity commitments.
                           b. Monitoring the updating of the Bank›s internal
                               policies and procedures in accordance with                Through this Board of Directors› policy, it
                               the provisions newly issued by the OJK, Bank              is expected to discipline employees to be
                               Indonesia and other authorities.                          more careful in completing their work and
                           c. Monitoring the provision of credit by                      prevent violations, whether intentionally or
                               reviewing and providing opinions on                       unintentionally, which pose risks and are
                               proposed credit facilities that have certain              detrimental to the Bank and are expected to
                               credit ceilings and segmentation. The review              maintain the Bank›s health and governance
                               and opinion in question include compliance                levels in good condition.
                               with the provisions and application of the
                               principle of prudence.                             2.     Regarding efforts to minimize fines/reprimands
                           d. The compliance work unit will coordinate                   from regulators, especially reporting obligations
                               with the work unit that carries out the Ex-               to regulators, the Bank has and will carry out:
                               Post function (internal control and internal              a. Monitoring to ensure that reporting
                               audit) in ensuring compliance with the credit                 obligations are in accordance with the
                               disbursement requirements (covenant).                         specified deadline.
                           e. Monitoring and ensuring that Bank activities               b. Periodic coaching for the Reporting PIC to
                               are in accordance with regulatory provisions,                 submit reports correctly and on time so as
                               such as: completeness of documents and/or                     not to incur fines.
                               completeness of PKS for certain activities.




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                                                                     Corporate
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               3.   For the period of 2025, the Bank will maintain the                   good governance for the Bank guided
                    Bank›s governance implementation assessment                          by regulatory provisions, especially
                    at a value of 2 (Good), including through:                           related to aspects of governance and
                    a. Ensuring that the principles of good                              the quality of credit risk management
                        governance,        namely        transparency,                   implementation.
                        accountability, responsibility, independence                 •   Consistent supervision and monitoring
                        and fairness, are implemented at all levels of                   (ex-ante     and     ex-post)    of   the
                        the organization in the Bank›s activities.                       implementation of internal policies and
                        The implementation of the Bank›s business                        procedures in banking activities.
                        activities must be in line with the Bank›s                   •   Conduct coaching and conduct effective
                        vision, mission, corporate values ​​       and                   socialization/training as well as improve
                        strategies based on the principle of prudence                    internal control to minimize audit
                        and regulations of the Financial Services                        findings, fraud and fines and warnings
                        Authority, Bank Indonesia and applicable                         from OJK, Bank Indonesia and other
                        laws and regulations.                                            authorities.
                    b. Improvement of the governance structure                c.     Ensure the implementation of Governance
                        and governance process, including:                           based on Good Governance Guidelines for
                        •    Improving human resource management                     Public Companies, through the fulfillment of
                             in line with the Bank›s development                     recommendations set out in the guidelines
                             based on competency, integrity and risk                 and conducting periodic evaluations for
                             management.                                             their improvement.
                        •    Procurement/updating        and    review
                             of internal policies and procedures
                             to support the implementation of




               Internal
               Control System


               The Internal Control System (ICS) at Bank Mega is          The implementation of risk management and the
               a critical component of the Bank’s management              Internal Control System is a collective responsibility
               framework, serving as the foundation for safe and          across all levels of Bank Mega, from senior
               sound operational activities. An effective Internal        management to operational staff. Risk awareness is
               Control System aids management in safeguarding             continuously instilled throughout the organization.
               the Bank’s assets, ensuring the reliability of financial   Bank Mega periodically reviews the adequacy of task
               and managerial reporting, enhancing compliance             segregation, dual control/dual custody mechanisms,
               with prevailing regulations and legal provisions,          as well as policies and procedures related to the
               and mitigating the risks of losses, irregularities, and    Internal Control System to provide a sufficient level
               breaches of prudential principles.                         of assurance.




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                 Legal Basis for Determination                            Operational Control in practice is related to the
                 Bank Mega’s Internal Control System is established       Defense Line Work Unit in order to implement a
                 in accordance with the Financial Services Authority      good internal control system, the Operations Control
                 (OJK) Circular Letter No. 35/SEOJK.03/2017 on            Work Unit cooperates with the controlling work unit
                 Internal Control Standards for Commercial Banks.         through the Three Lines of Defense (TLD) concept.
                 The implementation of this system is expected to         The First Line is Operational Defense; The Second
                 support the achievement of the Bank’s vision and         Line is Risk Management; and the Third Line is IADT.
                 mission, enhance value for various stakeholders,
                 ensure compliance with prevailing regulations, and       The role of Operations Control within the TLD
                 minimize the risk of financial losses.                   concept is as the independent Assessor from the First
                                                                          Line (Operational Implementation Work Unit), and is
                 Alignment of Internal Control System                     done by providing reasonable assurance regarding
                 Implementation with COSO (Internal Control               the implementation of control and Operational Risk
                 Framework)                                               Management.
                 Bank Mega adheres to the Committee of Sponsoring
                 Organizations of the Treadway Commission (COSO)          Any findings indicating potential fraud by the
                 – Internal Control Integrated Framework to ensure        Process Management & Operations Control Unit
                 the adequacy of operational and financial controls,      are communicated to the fraud control unit. If the
                 financial reporting, operational effectiveness and       findings are confirmed as fraud, the resolution
                 efficiency, and compliance with applicable laws and      process is managed by the fraud control unit.
                 regulations.
                                                                          Evaluation of        Internal    Control     System
                 Financial and Operational Controls                       Effectiveness
                 Bank Mega’s Internal Control System comprises two        Bank Mega conducts evaluations of its Internal
                 key aspects, namely operational control and financial    Control System in accordance with the COSO Internal
                 control. Internal controls over operations and           Control Integrated Framework. Control activities are
                 financial reporting are implemented in accordance        systematically planned and implemented to mitigate
                 with international standards outlined in the COSO        risks that could impact the Bank’s performance or
                 - Internal Control Integrated Framework - which          result in financial losses. Issues related to internal
                 consists of five key control components:                 control adequacy are reported to the Board of
                 1. Control Environment                                   Directors, the Board of Commissioners, and the
                 2. Risk Assessment                                       Audit Committee, with follow-up actions taken to
                 3. Control Activities                                    minimize risks.
                 4. Information and Communication
                 5. Monitoring Activities

                 Additionally, Bank Mega has established policies
                 on internal audit and control conducted by the
                 Operational Control Unit. The objectives of these
                 policies are:
                 1. To regulate internal audit and control procedures
                     carried out by Branch Operations Control, the
                     Head Office & Jakarta Operations Control Unit,
                     and the Operations Development & Support Unit
                     within the Process Management & Operations
                     Control (PMOC) division, ensuring structured,
                     effective, and efficient monitoring activities.
                 2. To serve as a reference for other relevant
                     units (such as Internal Audit and others) in
                     implementing the Internal Control System.




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                                                                  Corporate
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               Implementation of Other
               Corporate Governance


               IMPLEMENTATION OF THE ANTI-                                         out by the AMLA Division (Anti Money
               MONEY LAUNDERING PROGRAM,                                           Laundering) at the Head Office and the
               PREVENTION OF TERRORISM                                             responsible officers at the Branches, namely
               FINANCING, AND PROLIFERATION OF                                     the Branch Manager and Operation Manager,
               WEAPONS OF MASS DESTRUCTION                                         as well as other related units such as Capital
               FINANCING (AML, CFT, AND PPPSPM                                     Markets (Custodian Bank and Trustee) and
                                                                                   Credit Cards.
               The Implementation of the AML, CFT, and                      b.     Approval by the Board of Directors and the
               PPPSPM Programs                                                     Board of Commissioners of the Policies and
               As an effort to prevent and minimize the use of banks               Procedures for the AML, CFT, and PPPSPM
               as a means for money laundering, terrorism financing,               programs;
               and proliferation of weapons of mass destruction             c.     Conducting evaluations of the Policies and
               financing, Bank Mega has implemented the AML,                       Procedures for the AML, CFT, and PPPSPM
               CFT, and PPPSPM programs in accordance with the                     programs;
               provisions of POJK 8 of 2023. In the formulation of          d.     Creating periodic reports (monthly, quarterly,
               these provisions, international best practices and                  and semi-annual) related to the reporting
               FATF recommendations have also been taken into                      obligations and the implementation of the
               account. The AML, CFT, and PPPSPM programs                          AML, CFT, and PPPSPM programs.
               implemented by Bank Mega are manifested in the               e.     Approval by the Board of Directors of
               following forms:                                                    the Report on the Plan and Realization of
               1. Risk assessment of money laundering, terrorism                   Customer Data Updates;
                    financing, and/or proliferation of weapons of           f.     Conducting        discussions      on     the
                    mass destruction financing (TPPU, TPPT, and/                   implementation of the AML, CFT, and
                    or PPSPM) or Individual Risk Assessment of the                 PPPSPM programs at meetings of the Board
                    Bank with a risk-based approach, conducted                     of Directors and the Board of Commissioners.
                    periodically by assessing inherent risk and
                    control effectiveness.                             3.   The existence of Policies and Procedures
               2. Active supervision by the Board of Directors              formulated by the AMLA Division, which are
                    and the Board of Commissioners. The active              reviewed/updated/improved      periodically   in
                    role of the Board of Directors and the Board            accordance with applicable regulations. In
                    of Commissioners is essential in ensuring the           order to strengthen the implementation of the
                    effectiveness of the implementation of the AML,         AML, CFT, and PPPSPM programs, procedures
                    CFT, and PPPSPM programs, as their active               related to the implementation of the AML, CFT,
                    involvement will influence the achievement of           and PPPSPM programs are also regulated in
                    the organization’s goals.                               each banking product and activity procedure.
                                                                            Additionally, the AMLA Division conducts
                    The forms of active supervision by the Board            supervision to identify and assess the risks of
                    of Directors and the Board of Commissioners             money laundering, terrorism financing, and/or
                    include the following:                                  proliferation of weapons of mass destruction
                    a. Approval by the Board of Directors                   financing for each product and activity.
                        of the establishment of the AMLA                    The     Policies and    Procedures    for   the
                        Division     (Anti Money     Laundering)            implementation of the AML, CFT, and PPPSPM
                        responsible for the implementation of               programs include:
                        the AML, CFT, and PPPSPM programs.                  a. Implementation of the 5 pillars of the AML,
                        The function of those responsible for the               CFT, and PPPSPM programs;
                        implementation of the AML, CFT, and                 b. Customer Due Diligence (CDD) and/or
                        PPPSPM programs at Bank Mega is carried                 Enhanced Due Diligence (EDD) procedures



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                           for prospective customers/clients/Beneficial            b.   Having clear authority and responsibility
                           Owners (BO)/Walk-in Customers (WIC);                         limits in each unit related to the
                      c.   Screening procedures to ensure that                          implementation of the AML, CFT, and
                           prospective      customers/clients/Beneficial                PPPSPM programs, whether through the first
                           Owners (BO)/Walk-in Customers (WIC) are                      line of defense (risk-taking unit), second line
                           not included in the List of Suspected Terrorists             of defense, or third line of defense;
                           and Terrorist Organizations (DTTOT) and/                c.   Conducting independent audits to ensure
                           or the Proliferation of Weapons of Mass                      the effectiveness of the implementation of
                           Destruction Financing List (DPPSPM), and                     the AML, CFT, and PPPSPM programs by the
                           other relevant watchlists.                                   Internal Audit Unit (IADT Division – Internal
                                                                                        Audit);
                           To comply with the screening obligations,               d.   Following up on all audit results, both
                           the Bank has 8 (eight) types of data sources,                internal and external audits, related to the
                           namely:                                                      implementation of the program.
                           •   List of Suspected Terrorists and Terrorist
                               Organizations, as well as Proliferation of     5.   Information         Management             System
                               Weapons of Mass Destruction Funders;                To optimize transaction monitoring in the
                           •   List of Politically Exposed Persons (PEP)           implementation of the AML, CFT, and PPPSPM
                               and PEP affiliates;                                 programs, Bank Mega continuously develops
                           •   List of Online Gambling Operators;                  information system technology, including:
                           •   List of Unlicensed Online Loan Providers            a. Improving the system and supporting
                               (Illegal Loan Apps);                                    applications for the implementation of the
                           •   List of names issued by relevant                        AML, CFT, and PPPSPM programs, named
                               Authorities related to the prohibition of               ADMS (AML Data Management System);
                               providing banking facilities;                       b. Developing applications for Beneficial
                           •   OFAC (Office of Foreign Assets Control)                 Owners (BO) and Walk-in Customers (WIC)
                               List;                                                   related to the obligation to calculate the risk
                           •   UN (United Nations) List; and                           level for BO and WIC;
                           •   EU Sanctions Lists.                                 c. Developing internal applications to support
                      d.   Implementation of the AML, CFT, and                         reporting obligations in accordance with the
                           PPPSPM programs based on a risk-based                       reporting format requirements of goAML
                           approach (Risk-Based Approach);                             PPATK;
                      e.   Procedures for monitoring customer profiles,            d. Developing the goAML interface system
                           monitoring customer transactions, and Walk-                 to support reporting obligations that have
                           in Customers (WIC);                                         been adjusted to the goAML regulations.
                      f.   Procedures for the customer data update
                           program;                                           6.   Human          Resources        and         Training
                      g.   Procedures for rejecting account openings,              Bank Mega continuously organizes training,
                           rejecting transactions, and closing accounts;           socialization, and reminders regarding the
                      h.   Procedures for conducting Individual Risk               implementation of the AML, CFT, and PPPSPM
                           Assessment (IRA);                                       programs for officials and/or all employees to
                      i.   Procedures for fund transfers;                          enhance their competencies. This is carried out
                      j.   Procedures for cross-border correspondent               through the following:
                           banking (CBCB);                                         a. Training methods are conducted either
                      k.   Procedures for the implementation of                        online/electronic-based       or     in-person,
                           reporting LTKT, LTKL, and LTKM/LTKMP;                       namely:
                      l.   Procedures for reporting the implementation                 •    Electronic or online-based training
                           of the AML, CFT, and PPPSPM programs to                          is conducted via Zoom or through
                           management.                                                      e-learning media, which includes pre-
                                                                                            tests and post-tests for all participants;
                 4.   Effective and independent internal control in the                •    In-person training is provided to all
                      implementation of the AML, CFT, and PPPSPM                            new employees in the form of the New
                      programs is carried out through:                                      Induction Program (NEIP) and the Mega
                      a. Having adequate internal policies and                              Management Development Program
                          procedures to monitor the AML, CFT, and                           (MMDP).
                          PPPSPM programs;



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                                                                     Corporate
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                    b.   Increasing    awareness      and      employee       b.     Implementation of the FIR on ML/TF
                         competency through the creation of an                       (Financial Integrity Rating on Money
                         AML Forum with various discussion topics                    Laundering & Terrorism Financing) by PPATK.
                         presented in the form of questions and                      The FIR on ML/TF refers to an assessment
                         answers (Q&A) to assist in understanding                    through the completion of a questionnaire,
                         the application of the provisions of the                    supported by related attachments, followed
                         AML, CFT, and PPPSPM programs at branch                     by an in-depth interview. The measurement
                         offices. The AML Forum is presented to all                  is based on qualitative and quantitative data
                         Branch Offices or Sub-Branch Offices.                       related to the assessment of the integrity
                    c.   Increasing awareness and competency of                      of the reporting party in supporting the
                         all employees at Bank Mega, especially                      effectiveness of the implementation of the
                         employees in the AMLA Division, regarding                   AML, CFT, and PPPSPM programs;
                         the implementation of the AML, CFT, and              c.     Implementation     of    the   Survey     and
                         PPPSPM programs through certification,                      Effectiveness Index Assessment of PPATK’s
                         refreshers, socialization, and training.                    Performance in Efforts to Prevent and
                                                                                     Combat Money Laundering (TPPU) and
               7.  Implementing               the            customer                Terrorism Financing (TPPT) in 2024 for the
                   data          quality       update        program.                banking sector.
                   The Data Update Program is carried out periodically
                   in accordance with applicable regulations and          The index is intended as a tool for periodic
                   stipulates that the Bank is required to submit the     monitoring and evaluation of PPATK’s performance
                   Target and Actual Data Update Implementation           in the previous year through a national survey
                   to OJK (Financial Services Authority) every year.      targeting stakeholders of the AML and CFT
                   Periodic assistance is provided to all branches        regime (Anti-Money Laundering and Counter-
                   by distributing a data list containing information     Terrorism Financing) who have collaborated
                   that needs to be followed up for completion and/       or   received  products/outputs   from    PPATK.
                   or require data updating corrections.
               8. Improving the quality of reporting Suspicious           The survey is conducted simultaneously nationwide
                   Financial Transactions (LTKM), Cash Financial          using a web-based/online data collection application,
                   Transactions Report (LTKT), International Fund         assisted by an independent surveying institution with
                   Transfer Financial Transactions Report (LTKL),         extensive experience and competence.
                   and the Integrated Service Users Information
                   System (SIPESAT) in accordance with the                22nd Anniversary of the AML and CFT Regime in
                   Regulator’s provisions;                                Indonesia The participation provided by Bank
               9. Establishing and maintaining good relations,            Mega in supporting this anniversary event includes:
                   cooperation, and coordination with Regulators          I. Participating in the AML CTF Office Battle 2024,
                   and Law Enforcement Authorities, particularly          organized to promote the spirit of anti-money
                   in fulfilling requests for customer data and/or        laundering and counter-terrorism financing in
                   information, as well as providing statements in        the context of preventing and combating money
                   efforts to prevent and combat Money Laundering,        laundering (TPPU) and terrorism financing (TPPT),
                   Terrorism Financing, and/or Proliferation of           as well as raising awareness of the dangers
                   Weapons of Mass Destruction Financing.                 and threats of TPPU and TPPT for Indonesia
               10. Actively participating in work programs or             and the international community. This activity
                   activities organized by the Regulator, which           was divided into three selection stages: the
                   include:                                               preliminary round, semifinal round, and final round;
                   a. Preparation        of  the   National    Money      II. Support for socialization in the form of
                       Laundering and Terrorism Financing Risk            creating a flyer for the 22nd Anniversary of
                       Assessment (National Risk Assessment               the AML and CFT Regime in Indonesia, which
                       - NRA) and Sectoral Risk Assessment                was displayed on Bank Mega’s website; and
                       (Sectoral Risk Assessment - SRA);                  III. Technical support in the form of tree planting for
                                                                          the 22nd Anniversary of the AML and CFT Regime in
                                                                          Indonesia. The tree planting was carried out together
                                                                          with 9 other banks under the coordination of FKDKP
                                                                          (Forum Komunikasi Direktur Kepatuhan Perbankan),
                                                                          located in Ngargoretno Village, Magelang Regency,
                                                                          Central Java.



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                 Challenges in Implementing the AML, CFT,                     supporting system for the implementation of the
                 and PPPSPM Programs in 2025                                  AML, CFT, and PPPSPM programs, as well as the
                 With the rapid advancement of digital technology,            support of qualified human resources (HR) in terms
                 supported by the era of digitization, financial              of both competence and adequacy of numbers.
                 service users now have the freedom to carry                  In addition to the internal requirements that must be
                 out transactions anytime and anywhere. This                  met by Bank Mega, support from related government
                 condition will certainly pose significant and diverse        agencies/authorities to assist in the effectiveness of
                 challenges in the effective implementation of                customer identification processes in the financial
                 the AML, CFT, and PPPSPM program provisions.                 services sector plays a crucial role in supporting the
                 To minimize these challenges, Bank Mega anticipates          overall implementation of the AML, CFT, and PPPSPM
                 them by ensuring the existence of a reliable                 programs.




                 Insider Trading
                 Prevention Policy


                 The insider trading prevention policy is outlined in the Integrity Commitment Guidelines, which have been
                 signed by the Board of Commissioners and the Board of Directors of Bank Mega. This policy defines insider
                 trading as trading transactions conducted for personal gain or for the benefit of internal parties within the
                 Bank, based on privileged information to which they are not entitled. Such actions are strictly prohibited for the
                 Board of Directors, as stated in Section F, Prohibitions for the Board of Directors, Point 9, which explicitly forbids
                 directors from deriving personal benefits from the Company’s activities beyond their salary and allowances,
                 including engaging in insider trading.

                 Similarly, insider trading is also prohibited for employees, as stipulated in Section G, Point 14. Employees are
                 expressly forbidden from leveraging their position for personal gain beyond the salary and allowances provided
                 by the Company, including engaging in insider trading.




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               Anti-Corruption
               and Fraud Policy


               The Bank’s anti-corruption and fraud policy is             the Integrity Commitment Guide establishes clear
               outlined in the Integrity Commitment Guide, which          obligations for the Board of Commissioners (Point
               has been signed by the Board of Commissioners              15), the Board of Directors (Point 15), and employees
               and the Board of Directors of Bank Mega. This guide        (Point 19) to avoid conflicts of interest and uphold a
               defines corruption as any act committed fraudulently       workplace that is free from corruption and fraudulent
               or unlawfully by members of the Board of Directors,        activities.
               Board of Commissioners, Bank Management,
               Managers, or Employees that contradicts the Bank’s         Fraud is defined as any act of deviation or omission
               interests or involves the misuse of authority or trust     deliberately carried out to deceive, mislead, or
               for personal gain or the benefit of others or specific     manipulate the Bank, its customers, or other
               groups.                                                    parties. Such fraudulent activities may occur within
                                                                          the Bank’s environment or involve the use of Bank
               Bank Mega places a strong emphasis on anti-                facilities, leading to financial losses for the Bank, its
               corruption and fraud prevention, making it a               customers, or other stakeholders, while providing
               fundamental part of the Bank’s management and              financial benefits to the perpetrator, either directly
               employee commitments. Specifically, Commitment             or indirectly.
               Point 3 requires all management and employees
               to foster a work environment free from corruption,
               bribery, and fraud in connection with their roles within
               the Bank’s organizational structure. Furthermore,




               Corporate Support
               for Anti-Corruption


               Bank Mega is strongly committed to supporting              Bank Mega has conducted a comprehensive fraud
               efforts to prevent and eradicate corruption while          risk assessment to identify potential risks that could
               upholding good governance principles in all aspects        lead to fraud across various operational areas. All
               of its operations. To ensure a transparent, fair, and      work units at Bank Mega, representing 100% of the
               corruption-free work environment, the company has          organization, participate in this risk assessment
               established an anti-fraud and anti-corruption policy       process. Each unit is responsible for evaluating
               applicable to all employees, including the Board           existing risks and assessing the effectiveness of
               of Directors and the Board of Commissioners. This          mitigation controls implemented to reduce or
               policy underscores that Bank Mega does not tolerate        prevent fraud. This fraud risk assessment is crucial
               any form of corruption, abuse of power, or actions         for maintaining transparent and accountable
               taken for personal gain.                                   operations while preventing vulnerabilities that could
                                                                          be exploited for corrupt practices.




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                 Bank Mega also actively communicates its anti-fraud and anti-corruption policies to employees and other
                 stakeholders. This outreach ensures that all relevant parties, both internal and external, clearly understand
                 the policies and know how to prevent, detect, and report any fraudulent or corrupt activities. Through these
                 efforts, Bank Mega aims to cultivate a corporate culture that is free from corruption and fraud.

                 In 2024, Bank Mega provided in-depth training on anti-fraud and anti-corruption to employees and business
                 partners, including suppliers and vendors. This training was attended by Bank Mega employees, business
                 partners, and key suppliers/vendors who play a critical role in maintaining the company’s ethical standards.
                 By offering regular training, Bank Mega seeks to enhance awareness and understanding of the importance of
                 fraud and corruption prevention, as well as the broader impact of such actions on the company and society.

                 Anti-Fraud and Anti-Corruption Training and Socialization

                                                                                                   Periode       Jumlah
                     Program                                Training                                                       Penyelenggara
                                                                                              Pelaksanaan 2024   Peserta
                   eLearning     E-learning - Anti Fraud Strategy                                 Jan-Des          261         Internal

                   Inhouse       Commitment to the Anti-Fraud Declaration #ZeroTolerance        18-Oct-2024       5,292        Internal

                                 Mega Management Development Program                             Feb - Juni         72         Internal

                                 Retail Funding Training Program (RFTP)                        Jan, Mei sd Des     237         Internal

                                 Retail Funding Training Program (RFTP) Pro                      Mar - April        39         Internal

                                 New Employee Induction Program (NEIP)                            Jan-Des         1,534        Internal

                   Offhouse      Socialization of OJK Online Reporting Application (APOLO)      28-Oct-2024           2         OJK
                                 Anti-Fraud Strategy Implementation Report Module (SAF)

                                 Socialization of Handling of Fund Transfer Transactions        28-Oct-2024           2         ASPI
                                 Between Payment System Providers Against

                                 FGD Progress Pilot Project: Fraud Prevention & Refund          10-Oct-2024           2    Bank Indonesia -
                                 Mechanism                                                                                      DSPK

                                 Socialization of Payments to the PJP/PIP Industry with the     26-Aug-2024           1    Bank Indonesia
                                 theme Enhancing Fraud Detection Systems to Strengthen
                                 Cybersecurity Resilience in the Payment System Industry

                                 Workshop on Utilizing Artificial Intelligence in Fraud         29-Jul-2024           1     OJK Institute
                                 Detection

                                 Socialization of POJK on Implementation of Anti-Fraud          27-Jun-2024           4         OJK
                                 Strategies for Financial Services Institutions

                                 FKDKP Webinar - Handling Banking Crimes                        29-Feb-2024           2        FKDKP


                 During 2024, Bank Mega did not encounter any legal cases related to alleged corruption, demonstrating the
                 effectiveness of the company’s anti-fraud and anti-corruption policies. This reflects the success of Bank Mega’s
                 internal control system, training programs, and awareness initiatives in preventing fraud and corruption.

                 Bank Mega’s commitment to anti-corruption extends beyond policies and is realized through concrete actions,
                 including risk assessments, internal supervision, training, and periodic evaluations. With a strong dedication to
                 the principles of transparency, accountability, and integrity, Bank Mega strives to foster a work environment
                 free from all forms of corruption and fraud. The bank also continues to innovate in developing anti-fraud and
                 anti-corruption policies to ensure the sustainability of a clean, fair, and responsible business.




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               Penerapan UU Pelindungan Data
               Pribadi dan Upaya Pelindungan
               Konsumen & Masyarakat Sektor Jasa
               Keuangan

               Penerapan Undang-Undang Pelindungan Data                ketentuan perundang-undang yang berlaku. Bank
               Pribadi                                                 senantiasa memantau perubahan peraturan terkait
               Seiring dengan perkembangan teknologi dan               Pelindungan Data Pribadi untuk memastikan Bank
               meningkatnya kebutuhan akan keamanan Data               menanggapi setiap perubahan dengan tepat.
               Pribadi, Bank senantiasa berkomitmen untuk
               menjaga kepercayaan masyarakat melalui kebijakan        Sebagai bagian dari model tiga lini pertahanan
               dan praktik pengelolaan Data Pribadi yang sesuai        (three lines of defence), Bank memiliki unit kerja
               dengan regulasi. Dalam rangka meningkatkan              Personal Data Protection dan menunjuk pejabat
               kepatuhan    terhadap    peraturan   perundang-         yang menjalankan fungsi Pelindungan Data Pribadi
               undangan, serta sebagai bentuk tanggung jawab           sebagaimana diamanatkan dalam UU PDP yang
               terhadap pelindungan Data Pribadi, Bank telah           bertugas untuk melaksanakan dan memantau
               mengimplementasikan Undang-Undang No. 27                kepatuhan terhadap UU PDP serta mengelola
               Tahun 2022 tentang Pelindungan Data Pribadi (UU         proses manajemen risiko Data Pribadi agar dapat
               PDP).                                                   dilaksanakan secara efektif.

               Dalam implementasinya, Bank bertumpu pada               Selain itu, Bank telah menetapkan struktur tata kelola
               pegawai, teknologi, sistem, kontrol, kebijakan, dan     Pelindungan Data Pribadi, dan terus berupaya untuk
               proses yang tepat untuk memastikan pengelolaan          menanamkan akuntabilitas di seluruh unit kerja
               risiko Data Pribadi dengan tepat. Kebijakan dan         dalam pengelolaan Data Pribadi. Bank berupaya
               prinsip-prinsip Pelindungan Data Pribadi dilaksanakan   menerapkan praktik industri dalam pelindungan dan
               secara konsisten untuk mengelola risiko Data Pribadi    keamanan Data Pribadi. Unit kerja Personal Data
               dan diterapkan di seluruh unit kerja Bank. Kebijakan    Protection bekerja sama dengan para pemangku
               privasi Bank dapat di akses melalui tautan https://     kepentingan (stakeholders) untuk mendorong
               bankmega.com/id/privacy-policy/.                        perencanaan,      implementasi   dan    pemantauan
                                                                       strategi Pelindungan Data Pribadi. Bank melakukan
               Bank telah menyelenggarakan pelatihan kepada            peninjauan secara berkala dan penilaian risiko
               para pegawai dan awareness pelindungan Data             Data Pribadi, serta mengembangkan solusi untuk
               Pribadi sepanjang tahun. Termasuk pelatihan wajib       memperkuat keamanan Data Pribadi.
               (mandatory training) yang berlaku untuk seluruh
               pegawai dan diadakannya sesi pelatihan tambahan         Sebagai institusi keuangan yang mengelola Data
               jika diperlukan, untuk mengikuti perkembangan baru      Pribadi dalam skala besar, Bank berkomitmen untuk
               di bidang Pelindungan Data Pribadi.                     menerapkan standar tinggi dalam Pelindungan Data
                                                                       Pribadi melalui beberapa langkah strategis, yaitu:
               Bank berupaya menunjukkan transparansi kepada           1. Menerapkan Prinsip Privacy by Default dan
               subjek data pribadi dan para pemangku kepentingan           Privacy by Design
               (stakeholders) tentang bagaimana Bank memproses             Bank Menerapkan Prinsip Privacy by Default
               mengumpulkan, menggunakan, mengelola Data                   dan Privacy by Design untuk membangun
               Pribadi, dan memenuhi hak-hak yang terkait dengan           kepercayaan subjek data pribadi dan melindungi
               subjek data pribadi.                                        Data Pribadi mereka. Dengan mengintegrasikan
                                                                           prinsip tersebut ke dalam setiap aspek
               Dalam aktivitasnya Bank juga bekerja sama dengan            operasional Bank, untuk memenuhi ketentuan
               pihak ketiga untuk membantu memastikan upaya                dalam perundang-undangan dan memberikan
               pelindungan yang memadai, sejalan dengan strategi           layanan yang aman dan terpercaya bagi subjek
               Pelindungan Data Pribadi Bank dan memenuhi                  data pribadi.



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                 2.   Mengembangkan Budaya Kepatuhan terhadap                     •   Kebijakan penanganan insiden pelanggaran
                      Pelindungan Data Pribadi                                        Data Pribadi;
                      Bank    mengintegrasikan     pelatihan  terkait             •   Kebijakan Data Subject Request (DSR).
                      Pelindungan Data Pribadi (PDP) sebagai bagian
                      dari budaya privasi Bank. Pelatihan diberikan               Bank secara berkala melakukan sosialisasi
                      secara berkala kepada seluruh pegawai di setiap             kebijakan Pelindungan Data Pribadi kepada
                      tingkatan organisasi Bank, dengan harapan agar              pegawai untuk meningkatkan kesadaran dan
                      seluruh pegawai memahami pentingnya PDP dan                 pemahaman mengenai pentingnya Pelindungan
                      memiliki keterampilan yang dibutuhkan untuk                 Data Pribadi, menginternalisasikan kebijakan
                      melaksanakannya.                                            dalam pekerjaannya sehari-hari, mitigasi risiko
                                                                                  Data Pribadi dan meningkatkan kepatuhan.
                      Melalui pelatihan PDP yang komprehensif,
                      seluruh pegawai akan memiliki kesadaran dan            4.   Meningkatkan Infrastruktur Keamanan Data
                      pemahaman yang sama mengenai Pelindungan                    Mengadopsi teknologi keamanan siber terkini
                      Data Pribadi. Hal ini akan mendorong terciptanya            untuk melindungi Data Pribadi dari ancaman
                      budaya privasi yang kuat di seluruh elemen Bank,            kebocoran data, pengaksesan yang tidak sah
                      di mana setiap pegawai bertanggung jawab                    atau potensi pelanggaran Data Pribadi lainnya.
                      untuk melindungi Data Pribadi yang dikelola di              Hal ini bertujuan agar tercipta lingkungan
                      setiap unit kerjanya masing-masing.                         yang lebih aman bagi subjek data pribadi dan
                                                                                  mempercayakan Data Pribadi mereka untuk
                      Dengan    mengintegrasikan      pelatihan  PDP              dikelola oleh Bank.
                      sebagai bagian dari budaya privasi, Bank dapat
                      memberikan layanan yang aman dan terpercaya            Upaya Pelindungan Konsumen & Masyarakat
                      bagi subjek data pribadi, serta menjaga reputasi       Dalam rangka meningkatkan pelindungan bagi
                      Bank sebagai lembaga yang patuh terhadap UU            nasabah, PT Bank Mega Tbk. (Bank) berkomitmen
                      PDP.                                                   untuk melaksanakan berbagai strategi pelindungan
                                                                             yang sejalan dengan regulasi yang berlaku.
                 3.   Mengembangkan Kebijakan Pelindungan Data               Komitmen ini diwujudkan melalui beberapa langkah
                      Pribadi                                                dan kebijakan operasional sebagai berikut:
                      Bank menyadari bahwa Data Pribadi nasabah              1. Peningkatan Keamanan Data Pribadi Nasabah
                      merupakan aset berharga yang wajib dilindungi.             Sesuai dengan ketentuan perundang-undangan
                      Bank berkomitmen untuk menjaga kerahasiaan                 berlaku, Bank menjamin bahwa seluruh informasi
                      dan keamanan Data Pribadi sesuai dengan                    pribadi nasabah diproses, disimpan, dan digunakan
                      peraturan perundang-undangan yang berlaku                  sesuai dengan prinsip-prinsip transparansi,
                      dan standar industri terbaik.                              keamanan, dan persetujuan dari pemilik data.
                                                                                 Dalam hal ini Bank melakukan pengamanan
                      Sebagai bagian dari komitmen ini, Bank secara              data dengan melakukan enkripsi data sensitif,
                      aktif mengembangkan dan terus memperbarui                  menggunakan sistem otentikasi yang sah dalam
                      kebijakan terkait Pelindungan Data Pribadi                 setiap akses terhadap data nasabah, serta telah
                      yang komprehensif. Sepanjang tahun 2024,                   memiliki kebijakan retensi data yang ketat.
                      Bank menyusun beberapa kebijakan terkait
                      Pelindungan Data Pribadi, antara lain:                      Bank telah menginformasikan kepada Nasabah
                      •    Kebijakan    Pemberitahuan       Privasi   dan         terkait pengamanan Data Pribadi mereka melalui
                           Pelindungan Data Pribadi;                              Pemberitahuan Privasi (Privacy Notice) yang
                      •    Kebijakan Opini Pelindungan Data Pribadi;              dapat diakses oleh Nasabah melalui website
                      •    Kebijakan Record of Processing Activity;               Bank.
                      •    Kebijakan terkait penilaian risiko Data Pribadi
                           seperti Data Protection Impact Assessment
                           (DPIA), Legitimate Interest Assessment
                           (LIA), Third Party Privacy Risk Assessment
                           dan Transfer Impact Assessment (TIA);




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               2.        Pelaksanaan Edukasi dan Sosialisasi Nasabah                 3.   Penanganan Keluhan Nasabah yang Efektif
                         tentang Pelindungan Data Pribadi                                 Bank juga telah menyediakan saluran khusus
                         Bank telah dan akan secara berkelanjutan untuk                   yang transparan dan mudah dijangkau untuk
                         menyelenggarakan program sosialisasi maupun                      menerima serta menangani keluhan nasabah
                         untuk memberikan pemahaman kepada nasabah                        terkait pelindungan data dan layanan perbankan
                         dan edukasi kepada seluruh pegawai Bank terkait                  lainnya.
                         pelindungan data pribadi. Program sosialisasi                    •   Pusat Layanan Konsumen: Bank menyediakan
                         dan edukasi ini meliputi :                                           nomor hotline dan layanan pengaduan
                         •   Kampanye Kesadaran Keamanan Data:                                berbasis daring yang siap melayani nasabah
                             Dilakukan melalui berbagai kanal komunikasi,                     24/7
                             termasuk situs web resmi, aplikasi perbankan,                •   Prosedur Eskalasi Pengaduan yang Jelas:
                             dan media sosial, guna meningkatkan                              Bank akan merespon keluhan dengan cepat
                             kesadaran nasabah mengenai pentingnya                            dan merinci tahapan penyelesaian yang
                             pelindungan data pribadi.                                        akan ditempuh, termasuk jangka waktu
                         •   Pelatihan Kepada Seluruh Pegawai: Melalui                        penyelesaian.
                             materi pelatihan yang diberikan kepada                       •   Penyediaan       Mekanisme     Penyelesaian
                             seluruh pegawai pada seluruh jajaran                             Sengketa: Bank memiliki kerja sama dengan
                             terkait pentingnya pelindungan data pribadi                      lembaga     mediasi   untuk    penyelesaian
                             Nasabah.                                                         sengketa, sebagai langkah terakhir apabila
                                                                                              keluhan nasabah tidak dapat diselesaikan
                                                                                              secara internal.


                                                                                                  Status Penyelesaian
                 No        Jenis Produk dan/atau Layanan   Jumlah            Selesai                 Tidak selesai            Dalam proses
                                                                        Jumlah       Persentase   Jumlah       Persentase   Jumlah       Persentase
                    1      Deposito                                 4            4        100%             0          0%             0          0%

                    2      Tabungan                            326          300            92%             0          0%         26             8%

                    3      Penyaluran Dana Lainnya              21           20            95%             0          0%             1          5%

                    4      Kartu ATM/Debit/Mesin ATM           857          841            98%             0          0%         16             2%

                    5      Kartu Kredit                       2779         2594            93%             0          0%        185             7%

                    6      SMS Banking/Mobile Banking         1184         1156            98%             0          0%         28             2%

                    7      E-Commerce                          115          111            97%             0          0%             4          3%

                    8      Transfer Dana                      1816         1801            99%             0          0%         15             1%

                    9      Bancassurance                            5            5        100%             0          0%             0          0%

                 10        Wealth Management                        1            1        100%             0          0%             0          0%

                    11     Safe Deposit                             1            1        100%             0          0%             0          0%

                    12     Produk Kerja Sama Lainnya                1            1        100%             0          0%             0          0%

                Jumlah                                        7110         6835            96%             0          0%        275             4%

               Status data per 31/12/2024




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                 Whistleblowing
                 System


                 Bank Mega provides a transparent and secure              Additionally, Bank Mega’s Crime & Fraud Investigation
                 reporting channel through the Whistleblowing             Work Unit has been appointed by the Financial
                 System (WBS), allowing both internal and external        Services Authority as one of the Persons in Charge
                 stakeholders to report any violations related to         (PIC) within the Illegal Financial Activity Eradication
                 ethics, fraud, corruption, discrimination, sexual        Task Force (Satgas Pasti) to handle and eradicate
                 harassment, and other misconduct. This system            fraudulent practices and illegal financial activities
                 reflects Bank Mega’s commitment to fostering a           that harm customers and the community. Where
                 clean and transparent work environment, free from        Satgas Pasti has an important role in preventing
                 practices that violate applicable regulations.           crimes related to financial fraud, both those carried
                                                                          out through online and offline transactions.
                 In 2024, Bank Mega received 98 WBS reports related
                 to fraud. Each report was carefully reviewed and         To further strengthen fraud prevention, the Financial
                 addressed by the Crime and Fraud Investigation           Services Authority has designated several banks,
                 Work Unit in accordance with the Bank’s established      including Bank Mega, to be colocated at the Indonesia
                 procedures and regulations. The follow-up process        Anti Scam Center (IASC). This center serves as
                 included thorough investigations and decision-           a control and coordination hub for addressing
                 making in compliance with internal policies and          complaints from customers who have fallen victim to
                 prevailing laws.                                         financial fraud.

                 By implementing an effective Whistleblowing System,      Through its involvement in the Indonesia Anti
                 Bank Mega remains committed to maintaining good          Scam Center, Bank Mega continues to enhance
                 governance principles while upholding integrity and      customer protection systems and collaborates with
                 accountability. This transparent and accountable         the Financial Services Authority and other relevant
                 reporting mechanism is part of the Bank’s broader        institutions to minimize fraudulent activities. This
                 effort to create a secure environment free from          initiative reaffirms Bank Mega’s commitment to
                 fraud and violations, supporting the achievement         fostering a safe, transparent banking ecosystem free
                 of corporate objectives based on honesty and             from illegal financial practices.
                 responsibility.




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                                                        The Whistleblowing System can be accessed through
                                                                  E-mail: fbi@bankmega.com
                                           Telephone (Fixed Line): +6221-7915000 via ex. 15.112, 15.115, 15212 and 15215.
                                                Phone/SMS/Whatsapp: 0822-0822-0500 and 0822-0822-1999

                                                                                   Address:
                                                                    Crime & Fraud Investigation (CFIN) Unit,
                                                                           Menara Bank Mega Lt. 15
                                                                 Jl. Kapten Tendean No. 12-14 A Jakarta 12790




               Flow of Whistleblowing System Mechanism


                 1                                                                      2

                                 The whistleblower may report
                                 suspected violations or fraud                                          Incoming complaints are
                                 through the designated                                                 verified and analyzed
                                 reporting channels, in
                                 accordance with applicable
                                 policies and procedures.




                                 3                                                4                                                    5




                            If the results of the analysis do                    If the results of the report                       If the results of the analysis
                            not find any elements of fraud,                      involve elements of the code                       found one of the elements
                            the report will be submitted                         of ethics, it will be forwarded                    of fraud, and / or criminal
                            back to the Whistleblower that                       to the work unit that handles                      elements, then the Crime &
                            the report does not meet the                         it (for example: Human Capital                     Fraud Investigation Head
                            elements of fraud.                                   Reward, Operations & Services                      instructs the investigation
                                                                                 Unit).                                             process.




                                          7                                                                        6


                                                         Imposition of sanctions in                                               The results of the
                                                         accordance with company                                                  investigation are submitted
                                                         regulations and applicable                                               to the President Director
                                                         legal provisions                                                         and relevant Directors with
                                                                                                                                  a copy to the President
                                                                                                                                  Commissioner / Board of
                                                                                                                                  Commissioners.




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                 Kode
                 Etik


                 Bank Mega memiliki dan menerapkan pedoman tata           Disamping prinsip-prinsip di atas, perilaku insan
                 cara berperilaku yang menjadi panduan seluruh            Bank Mega mengacu dan diatur dalam Kode Etik dan
                 manajemen dan karyawan dalam menjalankan                 Kode Perilaku (Code of Conduct) yang berisi sebagai
                 aktivitas usaha sehari-hari. Pedoman tata cara           berikut:
                 berperilaku tersebut terdiri atas beberapa dokumen
                 dan/atau panduan yang tercakup secara integral           Pernyataan Komitmen Integritas
                 dalam Komitmen Integritas Bank Mega. Secara              Komitmen Integritas berlaku bagi seluruh insan Bank
                 keseluruhan Komitmen Integritas Bank Mega                Mega tanpa memandang jabatan dan posisinya
                 mencakup:                                                di Bank Mega. Seluruh anggota Dewan Komisaris
                 1. Piagam Komitmen Integritas                            dan Direksi Bank Mega telah menandatangani
                 2. Komitmen Manajemen dan Karyawan                       Piagam Pernyataan Komitmen Integritas, termasuk
                 3. Manfaat Komitmen Integritas                           didalamnya pernyataan untuk mematuhi setiap butir
                 4. Prinsip GCG                                           yang terdapat pada Pedoman Perilaku (Code of
                 5. Etika dan Budaya Kerja                                Conduct).
                 6. Kode Etik
                 7. Kewajiban bagi Dewan Komisaris, Direksi, dan          Sosialisasi Kode Etik
                     Pegawai                                              Sosialisasi   Kode       Etik     dilakukan    secara
                 8. Larangan bagi Dewan Komisaris, Direksi, dan           berkesinambungan         dan       konsisten     guna
                     Pegawai                                              menumbuhkan kesadaran dan pemahaman karyawan
                 9. Benturan Kepentingan                                  mengenai perilaku yang sesuai dengan Nilai-nilai
                 10. Deklarasi Anti Fraud                                 Utama Bank dalam melaksanakan pekerjaannya
                 11. Sanksi                                               sehari-hari. Sosialisasi diselenggarakan melalui
                                                                          system “e-Komitmen Integritas” dengan proses
                                                                          pelaksanaan yang dituangkan dalam Surat Edaran
                 NILAI-NILAI UTAMA BANK MEGA DAN                          Direksi No. SE 148/DIRBM-PMOC/2020 tertanggal
                 BUDAYA PERUSAHAAN                                        24 Agustus 2020. Berbagai cara lain juga dilakukan,
                                                                          diantaranya melalui seminar atau workshop,
                 Budaya perusahaan dibentuk berdasarkan Nilai-            pelatihan dan sosialisasi melalui media internal Bank
                 nilai Utama Bank Mega yang menjadi landasan              kepada seluruh karyawan.
                 pelaksanaan tugas dan tanggung jawab manajemen
                 dan seluruh jajaran unit kerja dan karyawan dalam        Pelanggaran dan Sanksi
                 rangka usahanya mencapai tujuan yang ditetapkan          Bank Mega memberikan sanksi yang tegas bagi
                 Bank. Pokok-pokok Nilai Utama Bank Mega yang             karyawan dan/atau manajemen yang melanggar
                 melandasi budaya perusahaan adalah:                      Kode Etik dan Kode Perilaku berdasarkan
                 1. Dynamic                                               peraturan    Perusahaan,   kebijakan   Peraturan
                 2. Entrepreneurship                                      Direksi, dan peraturan perundang-undangan yang
                 3. Trust                                                 berlaku. Dengan demikian diharapkan hal ini akan
                 4. Ethics                                                menimbulkan efek jera bagi pelanggar dan sebagai
                 5. Commitment                                            sarana pembelajaran untuk karyawan lainnya agar
                 6. Synergy                                               senantiasa mematuhi Kode Etik dan Kode Perilaku.




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               Legal
               Cases

               Civil legal issues from July to December 2024                permanent legal force and 161 cases still ongoing at
               (Semester II) and their settlement status are as             the District Court, High Court, and Supreme Court.
               follows:
                                                                            The majority of civil cases faced by Bank Mega are
                                 Legal Issues                 Total         1227 cases with the main legal issues based on the
                                                                            following matters:
                Has permanent legal force In the Settlement   1066
                Process                                                     a) Disputes with debtors and third parties (derden
                In Process of Settlement                        161
                                                                                 verzet).
                                                                            b) Disputes caused by failure to fulfill the
                Total                                         1227
                                                                                 requirements of legal subjects.
                                                                            c) Disputes over ownership of collateral related to
               A brief description of the legal cases is as follows:             PKPU/Bankruptcy.
                                                                            d) State Administration Disputes.
               Civil Cases                                                  e) Industrial Relations Disputes.
               As of Semester II, December 2024, the majority
               of civil cases faced by Bank Mega were recorded
               at 1,227, including 1,066 cases that have reached




               Administrative
               Sanctions


               Throughout 2024, Bank Mega received 14 administrative sanctions in the form of fines from the Financial
               Services Authority (OJK) and Bank Indonesia, totaling IDR170,600,000. The majority of these administrative
               sanctions were imposed due to delays in submitting corrected SLIK (Financial Information Service System)
               reports.




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                 Adequacy of Transparency
                 Financial and Non-Financial

                 Bank Mega telah memenuhi kewajiban dalam hal                      The transparency of the Bank’s non-financial
                 transparansi dan publikasi kondisi keuangan dan                   condition is also carried out as follows:
                 non keuangan kepada Pemangku Kepentingan, serta                   •  Information regarding the Bank’s products is
                 melaporkannya kepada Otoritas Jasa Keuangan                          provided in accordance with regulations governing
                 (OJK) sesuai dengan ketentuan OJK yang berlaku.                      the transparency of bank product information and
                                                                                      the use of customer personal data, presented in the
                 The transparency of the Bank’s financial condition is                form of brochures, leaflets, and other promotional
                 carried out as follows:                                              media, as well as on Bank Mega’s website.
                 •   Monthly     and    Quarterly    Public  Financial             •  Information about the Customer Complaint
                     Statements are submitted to regulators and                       Submission Procedure and the dispute resolution
                     published on Bank Mega’s website;                                process is provided through the Customer
                 •   Bank Mega’s Annual Report is prepared and                        Complaint system, which can be accessed by
                     presented in accordance with Bank Indonesia                      customers through Bank Mega’s website, Call
                     and OJK regulations, and is submitted to                         Center, or communicated via bank staff.
                     shareholders, regulators, rating agencies, various            •  Bank Mega has prepared a Governance
                     banking institutions, and published on Bank                      Implementation Report, which is part of
                     Mega’s website;                                                  the Bank’s Annual Report, with coverage in
                 •   Quarterly and Annual Risk Exposure and Capital                   accordance with applicable regulations and
                     Adequacy Disclosure Reports in accordance with                   provisions. The report is accompanied by the
                     OJK regulations are published on Bank Mega’s                     Bank’s assessment of the implementation of
                     website.                                                         Governance in accordance with the indicators
                                                                                      set by the Financial Services Authority (OJK),
                                                                                      and is submitted to OJK and published on Bank
                                                                                      Mega’s website.




                 Self-Assessment of The
                 Implementation of Commercial
                 Bank Governance
                 In accordance with POJK Number 17 of 2023 and SEOJK Number 13/SEOJK.03/2017 on the Implementation of
                 Governance for Commercial Banks, Bank Mega has conducted a self-assessment of its corporate governance
                 (GCG) implementation for the first and second semesters of 2024. The results of this self-assessment form an
                 integral part of the corporate governance implementation report.

                 The results of Bank Mega’s GCG self-assessment for 2024 are as follows:

                                           Self Assessment
                    Assessment Period                                                         Definition of Rating
                                                Results

                   Semester I - 2024      Individual     2     It reflects that the Bank’s management has generally implemented good corporate
                                                               governance. This is evident from the adequate adherence to governance principles.
                   Semester II - 2024     Individual     2     In cases where there are weaknesses in the implementation of governance principles,
                                                               these weaknesses are generally insignificant and can be addressed through normal
                                                               actions by the Bank’s management.


                 Based on the prudential meeting held on November 17, 2024, OJK has assessed the Bank’s corporate governance
                 implementation for the first semester of 2024 with a rating of 2 (Good).

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                                                                                Corporate
                                                                                Governance




               Implementation of Guidelines
               For Public Company Governance


               In accordance with POJK No. 21/POJK.04/2015 and SEOJK No. 32/SEOJK.04/2015 on the Guidelines for
               Corporate Governance of Public Companies, the Bank has implemented governance practices within the
               Company for the 2024 period, as explained below:

                No.                      Implementation                           Response                       Recommendations

                Increasing the Value of Holding GMS

                  1.   The Company has a method or technical procedure             Applied      The Bank has a technical voting procedure contained
                       for collecting votes (voting) both openly and secretly                   in the GMS rules of procedure.
                       that prioritizes the independence and interests of
                       Shareholders.

                 2.    All members of the Board of Directors and members           Applied      Most members of the Bank’s management attended
                       of the Board of Commissioners of the Public Company                      the Annual GMS.
                       are present at the Annual GMS.

                 3.    A summary of the minutes of the GMS is available on         Applied
                       the website of the Public Company for at least 1 (one)
                       year.

                Improving the Quality of Public Company Communication with Shareholders or Investors

                 4.    Publicly listed companies have a communication              Applied      The Bank has a communication platform to
                       policy with shareholders or investors.                                   shareholders through Public Expose, Press Release,
                                                                                                and email on the Bank’s official website.

                 5.    The    Public   Listed  Company     discloses    its        Applied      The Bank provides access to information disclosure
                       communication policy with shareholders or investors                      through the Company’s official website.
                       on its website.

                Strengthening the Membership and Composition of the Board of Commissioners

                 6.    Determination of the number of members of the               Applied      The Bank has fulfilled the provisions applicable to the
                       Board of Commissioners considers the condition of                        Company based on POJK No. 17 of 2023. The number
                       the Public Listed Company.                                               of members of the Bank’s Board of Commissioners is
                                                                                                4 (four) people.

                 7.    Determination of the number of members of the               Applied      The Bank has fulfilled the provisions applicable to
                       Board of Directors considers the condition of the                        the Company based on POJK No. 17 of 2023. The
                       Public Listed Company.                                                   number of members of the Bank’s Board of Directors
                                                                                                is 8 (eight) persons.

                 8.    Determination of the composition of members of              Applied      The Bank has fulfilled the provisions applicable to
                       the Board of Commissioners takes into account the                        the Company based on POJK No. 17 of 2023.
                       diversity of expertise, knowledge, and experience
                       required.

                 9.    Determination of the composition of members of the          Applied      The Bank has fulfilled the provisions applicable to
                       Board of Directors takes into account the diversity of                   the Company based on POJK No. 17 of 2023.
                       expertise, knowledge, and experience required.

                 10.   Members of the Board of Directors in charge                 Applied      The Bank has fulfilled the provisions applicable to the
                       of accounting or finance have expertise and/or                           Company based on POJK No. 17 of 2023. The Bank’s
                       knowledge in accounting.                                                 Directors are experienced in finance and banking.

                 11.   The Board of Commissioners has a self-assessment            Applied      The Bank has a Board of Commissioners and Board
                       policy to assess the performance of the Board of                         of Directors self-assessment policy, as well as
                       Commissioners.                                                           Succession in the Board of Directors Nomination
                                                                                                Process.

                 12.   The Board of Directors has a self-assessment policy         Applied      The Bank already has a Board of Commissioners
                       to assess the performance of the Board of Directors.                     and Directors Self Assessment Policy, as well as
                                                                                                Succession in the Board of Directors Nomination
                                                                                                Process.

                 13.   The self-assessment policy to assess the performance        Applied      The Bank already has a self-assessment policy so
                       of the Board of Commissioners is disclosed in the                        that there is a self-assessment policy disclosed in
                       Public Listed Company’s Annual Report.                                   the Annual Report.




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                   No.                       Implementation                         Response                     Recommendations

                   14.    The self-assessment policy to assess the performance      Applied    The Bank already has a self-assessment policy
                          of the Board of Directors is disclosed in the Public                 performance of the Board of Directors and the self-
                          Listed Company’s Annual Report.                                      assessment is disclosed in the Annual Report.


                   15.    The Board of Commissioners has a policy regarding         Applied    Policies related to the resignation of members of the
                          the resignation of members of the Board of                           Board of Commissioners are contained in the Board
                          Commissioners if involved in financial crimes.                       Manual and the Bank’s articles of association and are
                                                                                               in accordance with applicable laws and regulations.

                   16.    The Board of Directors has a policy regarding the         Applied    Policies related to the resignation of members of
                          resignation of members of the Board of Directors if                  the Board of Directors are contained in the Board
                          involved in financial crimes.                                        Manual and the Bank’s articles of association and are
                                                                                               in accordance with applicable laws and regulations.

                    17.   The Board of Commissioners or the Committee               Applied    The Bank already has a succession policy in the
                          that carries out the Nomination and Remuneration                     nomination process for members of the Board of
                          function prepares a succession policy in the process                 Directors.
                          of nominating members of the Board of Directors.

                   Improving Corporate Governance Aspects through Stakeholder Participation

                   18.    Public Listed Companies have policies to prevent          Applied    The Bank has a policy to prevent insider trading as
                          insider trading.                                                     stipulated in the Integrity Commitment Guidelines.

                   19.    Public Listed Company has anti-corruption and anti-       Applied    The Company has a policy to prevent corruption and
                          fraud policies.                                                      fraud as stipulated in the anti-fraud strategy policy
                                                                                               and Integrity Commitment Guidelines.

                   20.    Public Listed Company has a policy on the selection       Applied    The Company has policies on vendor qualification,
                          and upgrading of suppliers or vendors.                               verification and evaluation.

                   21.    Public Listed Company has a policy on the fulfillment     Applied    The fulfillment of creditor rights is regulated in detail
                          of creditors’ rights.                                                in the Credit Agreement made between the Bank
                                                                                               and the Creditor.

                   22.    Public Listed Company has a policy on whistleblowing      Applied    The Bank has a whisleblowing system policy in its
                          system.                                                              anti-fraud strategy policy.

                   23.    The Public Listed Company has a policy of providing       Applied    The Bank has a policy on the provision of long-term
                          long-term incentives to Directors and employees                      incentives to Directors and employees as set out in
                                                                                               the remuneration governance policy.

                   Improving the Implementation of Information Transparency

                   24.    Public Listed Company utilizes the wider use of           Applied    The Bank uses social media, the Company’s official
                          information technology in addition to the website as                 website and the IDX website to fulfill the aspect of
                          a medium for information disclosure.                                 information disclosure.

                   25.    The Annual Report of a Public Listed Company              Applied    The Bank discloses the ultimate beneficial owners
                          discloses the ultimate beneficial owner in the                       in the Company’s share ownership as stated in this
                          shareholding of the Public Listed Company of at least                Annual Report.
                          5% (five percent), in addition to the disclosure of the
                          ultimate beneficial owner in the shareholding of the
                          Public Listed Company through the ultimate and
                          controlling shareholders.




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                                                                  Corporate
                                                                  Governance




               Implementation
               of Integrated Governance


               Bank Mega, as the Main Entity, has conducted            Bank Mega as the Main Entity has submitted a
               governance monitoring of related Financial Services     Report related to the Implementation of Integrated
               Institutions (LJK) within the Mega Corpora financial    Governance throughout 2024 to the OJK through
               conglomerate. Efforts undertaken to enhance             the SIPENA application as follows:
               the implementation of Integrated Governance             1. Report on the Implementation of Integrated
               throughout 2024 include the following:                      Governance in 2023 (letter No. 013/DIR-CHC/24
               1. Conducting       coordination    meetings     with       dated May 20, 2024 concerning the Report
                    Members of the Integrated Governance Support           on Integrated Governance of the Financial
                    Group in the Financial Conglomerate of PT Mega         Conglomerate of PT. Mega Corpora in 2023).
                    Corpora 2 (two) times during 2024.                 2. Integrated Governance Self Assessment Report
               2. Conducting Integrated Governance Committee               for Semester II of 2024 (Letter No. 004/DIR-
                    Meetings, during 2024 as many as 2 (two)               CHC/25 dated February 11, 2025 concerning the
                    meetings.                                              Integrated Governance Self Assessment Report
               3. Monitoring the fulfillment of the results of the         for Financial Conglomerate of PT Mega Corpora
                    Integrated Governance Committee meetings/              Semester II - 2024.
                    recommendations.                                   3. Integrated Governance Self Assessment Report
               4. Implementation of Integrated Governance                  for Semester I of 2024 (Letter No. 021/DIR-
                    supervision by the Board of Commissioners              CHC/24 dated August 7, 2024 concerning the
                    of the Main Entity, assisted by the Integrated         Integrated Governance Self Assessment Report
                    Governance Committee. During 2024, the Board           for Financial Conglomerate of PT Mega Corpora
                    of Commissioners of the Main Entity has held 7         Semester I - 2024.
                    (seven) meetings, 2 (two) of which discussed the
                    Implementation of Integrated Governance.
               5. Monitoring the fulfillment of commitments to
                    the results of the OJK Financial Conglomerate
                    examination as of June 30, 2024.




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                 Access to Information
                 and Data


                 All stakeholders have easy access to all material           be accessed through the company’s website at
                 information and data of Bank Mega, including                https://www/bankmega .com. Furthermore,
                 corporate actions, annual reports, financial reports        the Bank provides disclosure information that can be
                 and releases to journalists and investors, which can        accessed via:




                   Corporate Secretary                                        corsec@bankmega.com

                   Address                                                    Menara Bank Mega
                                                                              Jl. Kapten Tendean No. 12-14A, Jakarta 12790

                   Mega Call                                                  08041500010
                                                                              (+62-21) 29601600 (dari luar negeri)

                   Telephone                                                  (+62-21) 7917 5000

                   Facsimile                                                  (+62-21) 7918 7100




                                         Electronic Media                                              Social Media

                   Company Website                    www,bankmega.com        Instagram                               @bankmegaid

                   Capital Market Website                   www.idx.co.id     Facebook                                BankMegaID

                   Custodian Website                        www.ksei.co.id    X                                       @BankMegaID

                   OJK Website                              www.ojk.go.ig     Youtube                            Bank Mega Indonesia

                                                                              TikTok                                  @bankmega




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                                                       Sustainability
                                                       Report




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                                 06
                                                    Sustainability
                                                    Report
                                                     Bank Mega is committed to protecting the environment by always pay attention
                                                     to social aspects and implementing good governance. In this case, the Bank
                                                     has implemented several policies and practices to meet Environmental, Social,
                                                     and Governance (LST/ESG) standards.

                                                     In addition, to implement Finacial Services Authority Regulation No.51/
                                                     POJK.03/2017 Concerning Sustainable Finance, Bank Mega is fully committed
                                                     to implementing a sustainable TJSL program.

                                                     In 2024, sustainable finance will be implemented by the Bank’s Sustainable
                                                     Finance Action Plan (RAKB). Implementing Bank Mega’s sustainability
                                                     principles is discussed thoroughly and presented in the Sustainability Report,
                                                     an inseparable part of the 2024 Annual Report.




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                                                                                              Sustainability
                                                                                              Report




               Cross-Reference Based on
               OJK Circular Letter No. 16/
               SEOJK.04/2021 Regarding
               and Content of the Annual Report
               of Issuers or Public Companies
                                                                       Description                                                           Page

               I.   General Provision
                    1.   In this Financial Services Authority Circular Letter what is meant by:
                         a.   The Annual Report is a report on the Board of Directors and Board of Commissioners accountability
                              in managing and supervising issuers or public companies within a period of 1 (one) fiscal year to the
                              general meeting of shareholders prepared based on the provisions of the Financial Services Authority
                              Regulation concerning the Annual Report of issuers or public companies
                         b.   Issuers are parties who make public offerings
                         c.   A Public Company is a company whose shares are owned by at least 300 (three hundred) shareholders
                              and has a paid-up capital of at least Rp3,000,000,000.00 (three billion rupiah) or a number of
                              shareholders and paid-up capital as determined by the Financial Services Authority
                         d.   A Public Company is an Issuer that has made a public offering of equity securities or a Publically- listed
                              Company
                         e.   A Sustainability Report is a report published to the public that contains the economic, financial, social,
                              and environmental performance of a financial service institution, Issuer, and Public Company in running
                              a sustainable business
                         f    Board of Directors:
                              1)   For an Issuer or a Public Company in the form of a limited liability company, it is the Board of
                                   Directors as referred to in the Financial Services Authority Regulation concerning the Board of
                                   Directors and Board of Commissioners of an Issuer or Public Company; and
                              2) For an Issuer or a Public Company in the form of a legal entity other than a limited liability company,
                                 it is the body that carries out the management of the legal entity as referred to in the laws and
                                 regulations concerning the legal entity.
                         g.   Board of Commissioners:
                              1)   For an Issuer or a Public Company in the form of a limited liability company, the Board of
                                   Commissioners as referred to in the Financial Services Authority Regulation concerning the Board
                                   of Directors and Board of Commissioners of an Issuer or Public Company; and
                              2) For the Issuer or Public Company in the form of a legal entity other than a limited liability company,
                                 it is the body that supervises the legal entity as referred to in the laws and regulations concerning
                                 the legal entity.
                         h.   General Meeting of Shareholders hereinafter abbreviated as GMS:
                              1)   For an Issuer or a Public Company in the form of a limited liability company, it is the GMS as referred
                                   to in the Financial Services Authority Regulation concerning the Planning and Organizing of the
                                   General Meeting of Shareholders of a Public Company; and
                              2) For an Issuer or Public Company in the form of a legal entity other than a limited liability company,
                                 it is the body that has authority that is not given to any other body that carries out management
                                 and supervisory functions, within the limits specified in the legislation and/or articles of association
                                 governing the legal entity.
                    2.   The Annual Report of Issuers or Public Companies is an important source of information for investors or
                         shareholders as one of the basic considerations in making investment decisions and a means of supervision
                         of Issuers or Public Companies.
                    3.   Along with the development of the capital market and the increasing need for information disclosure by
                         investors or shareholders, the Board of Directors and the Board of Commissioners are required to present
                         quality, accurate, and accountable information through the Annual Reports of Issuers or Public Companies.
                    4.   Annual Reports that are prepared regularly and informatively can provide convenience for investors or
                         shareholders and stakeholders in obtaining the required information.
                    5    This Financial Services Authority Circular is a guideline for Issuers or Public Companies that must be applied
                         in preparing Annual Reports and Sustainability Reports.




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                                                                                 Description                                                       Page

                 II.    Format of Annual Report
                        1.   Annual Report should be presented in the printed format and in electronic document copy.                                √
                        2.   The printed version of the Annual Report should be printed on light-colored paper of fine quality, in A4 size,          √
                             bound and can be reproduced in good quality.
                        3.   The Annual Report may present information in the form of pictures, graphs, tables, and/or diagrams by                   √
                             including clear titles and/or descriptions, so that they are easy to read and understand.
                        4.   The Annual Report presented in electronic document format is the Annual Report converted into pdf format.               √
                 III.   Content of Annual Report
                        1.   Annual Report should contain at least the following information:
                             a.   Summary of key financial information;                                                                             12
                             b.   Stock information (if any);                                                                                       17
                             c.   The Board of Directors report;                                                                                    40
                             d.   The Board of Commissioners report;                                                                                38
                             e.   Profile of Issuer or Public Company;                                                                            56-108
                             f.   Management discussion and analysis;                                                                             124-194
                             g.   Corporate governance applied by the Issuer or Public Company;                                                   266-355
                             h.   Corporate social and environmental responsibility of the Issuer or Public Company;                               356
                             i.   Audited annual report; and                                                                                       370
                             j.   Statement that the Board of Directors and the Board of Commissioners are fully responsible for the               52-53
                                  Annual Report;
                        2.   Description of Content of Annual Report
                             a.   Summary of Key Financial Information
                                  Summary of Key Financial Information contains financial information presented in comparison with
                                  previous 3 (three) fiscal years or since commencement of business if the Issuers or the Public Company
                                  commencing the business less than 3 (three) years, at least contain:
                                  1)    income/sales;                                                                                               13
                                  2)    gross profit;                                                                                               13
                                  3)    profit (loss);                                                                                              13
                                  4)    total profit (loss) attributable to equity holders of the parent entity and non-controlling interest;       13
                                  5)    total comprehensive profit (loss);                                                                          13
                                  6)    total comprehensive profit (loss) attributable to equity holders of the parent entity and non               13
                                        controlling interest;
                                  7)    earning (loss) per share;                                                                                   13
                                  8)    total assets;                                                                                               12
                                  9)    total liabilities;                                                                                          12
                                  10) total equities;                                                                                               12
                                  11)   profit (loss) to total assets ratio;                                                                        14
                                  12)   profit (loss) to equities ratio;                                                                            14
                                  13)   profit (loss) to income ratio;                                                                              14
                                  14)   current ratio;                                                                                              14
                                  15)   liabilities to equities ratio;                                                                              14
                                  16)   liabilities to total assets ratio; and                                                                      14
                                  17)   other information and financial ratios relevant to the Issuer or Public Company and type of industry;       14
                             b.   Stock Information                                                                                                 17
                                  Stock Information (if any) at least contains:
                                  1)    shares issued for each three-month period in the last 2 (two) fiscal years (if any), at least covering:




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                                                                                               Report




                                                                       Description                                                             Page

                                  a)   number of outstanding shares;
                                  b)   market capitalization based on the price at the Stock Exchange where the shares listed on;
                                  c)   highest share price, lowest share price, closing share price at the Stock Exchange where the
                                       shares listed on; and
                                  d)   share volume at the Stock Exchange where the shares listed on;
                                  Information in point a) should be disclosed by the Issuer, the public company whose shares is listed
                                  or not listed in the Stock Exchange;
                                  Information in point b), point c), and point d) only be disclosed if the Issuer is a public company
                                  whose shares is listed in the Stock Exchange;
                             2)   in the event of corporate actions, including stock split, reverse stock, dividend, bonus share, and
                                  change in par value of shares, then the share price referred to in point 1), should be added with
                                  explanation on:
                                  a)   date of corporate action;
                                  b)   stock split ratio, reverse stock, dividend, bonus shares, and change in par value of shares;
                                  c)   number of outstanding shares prior to and after corporate action; and
                                  d)   The number of convertible securities exercised (if any); and
                                  e)   share price prior to and after corporate action;
                             3)   in the event that the company’s shares were suspended and/or delisted from trading during the
                                  year under review, then the Issuers or Public Company should provide explanation on the reason
                                  for the suspension and/or delisting; and
                             4)   in the event that the suspension and/or delisting as referred to in point 3) was still in effect until the
                                  date of the Annual Report, then the Issuer or the Public Company should also explain the corporate
                                  actions taken by the company in resolving the suspension and/or delisting;
                        c.   The Board of Directors Report                                                                                     40-49
                             The Board of Directors Report should at least contain the following items:
                             1)   the performance of the Issuer or Public Company, at least covering:
                                  a)   strategy and strategic policies of the Issuer or Public Company;
                                  b)   Role of the Board of Directors in formulating strategies and strategic policies of Issuers or
                                       Public Companies;
                                  c)   Process carried out by the Board of Directors to ensure the implementation of the Issuer’s or
                                       Public Company’s strategy;
                                  d)   comparison between achievement of results and targets; and
                                  e)   challenges faced by the Issuer or Public Company;
                             2)   description on business prospects;
                             3)   implementation of good corporate governance by Issuer or Public Company; and
                             4)   changes in the composition of the Board of Directors and the reason behind (if any);
                        d.   The Board of Commissioners Report                                                                                 30-37
                             The Board of Commissioners Report should at least contain the following items:
                             1)   Assessment on the performance of the Board of Directors in managing the Issuer or the Public
                                  Company;
                             2)   Supervision on the implementation of the strategy of the Issuer or Public Company;
                             3)   View on the business prospects of the Issuer or Public Company as established by the Board of
                                  Directors;
                             4)   View on the implementation of the corporate governance by the Issuer or Public Company;
                             5)   Changes in the composition of the Board of Commissioners and the reason behind (if any); and
                        e.   Profile of the Issuer or Public Company                                                                            56
                             Profile of the Issuer or Public Company should cover at least:
                             1)   Name of Issuer or Public Company, including change of name, reason of change, and the effective
                                  date of the change of name during the year under review;




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                                                                         Description                                                           Page

                                 2)   access to Issuer or Public Company, including branch office or representative office, where public
                                      can have access of information of the Issuer or Public Company, which include:
                                      a)   Address;
                                      b)   Telephone number;
                                      c)   Facsimile number;
                                      d)   E-mail address; and
                                      e)   Website address;
                                 3)   Brief history of the Issuer or Public Company;
                                 4)   Vision and mission of the Issuer or Public Company;
                                 5)   Line of business according to the latest Articles of Association, and types of products and/or
                                      services produced;
                                 6)   Operational area of the Issuer or Public Company
                                 7)   Structure of organization of the Issuer or Public Company in chart form, at least 1 (one) level below
                                      the Board of Directors, with the names and titles;
                                 8)   List of industry association memberships both on a national and international scale related to the
                                      implementation of sustainable finance;
                                 9)   The Board of Directors profiles include:                                                                 77-85
                                      a)   Name and short description of duties and functions;
                                      b)   Latest photograph;
                                      c)   Age;
                                      d)   Citizenship;
                                      e)   Education;
                                      f)   history position, covering information on:
                                           (1) Legal basis for appointment as member of the Board of Directors to the said Issuer or
                                               Public Company;
                                           (2) Dual position, as member of the Board of Directors, member of the Board of Commissioners,
                                               and/or member of committee, and other position (if any); and
                                           (3) Working experience and period in and outside the Issuer or Public Company;
                                      g)   Affiliation with other members of the Board of Directors, members of the Board of
                                           Commissioners, majority and controlling shareholders, either directly or indirectly to individual
                                           owners, including names of affiliated parties. In the event that a member of the Board of
                                           Directors has no affiliation, the Issuer or Public Company shall disclose this matter; and
                                      h)   Changes in the composition of the members of the Board of Directors and the reasons for the
                                           changes. In the event that there is no change in the composition of the members of the Board
                                           of Directors, this matter shall be disclosed;
                                 10) The Board of Commissioners profiles, at least include:                                                    72-76
                                      a)   Name;
                                      b)   Latest photograph;
                                      c)   Age;
                                      d)   Citizenship;
                                      e)   Education;
                                      f)   History position, covering information on:
                                           (1) Legal basis for the appointment as member of the Board of Commissioners who is not
                                               Independent Commissioner at the said Issuer or Public Company;
                                           (2) Legal bases for the first appointment as member of the Board of Commissioners who also
                                               Independent Commissioner at the said Issuer or Public Company;
                                           (3) Dual position; as member of the Board of Commissioners, member of the Board of
                                               Directors, and/or member of committee and other position (if any); and
                                           (4) Working experience and period in and outside the Issuer or Public Company;
                                      g)   Affiliation with other members of the Board of Commissioners, major shareholders, and
                                           controllers either directly or indirectly to individual owners, including names of affiliated
                                           parties; In the event that a member of the Board of Commissioners has no affiliation, the Issuer
                                           or Public Company shall disclose this matter;




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                                   h)   Statement of independence of Independent Commissioner in the event that the Independent
                                        Commissioner has been appointed more than 2 (two) periods (if any);
                                   i)   Changes in the composition of the members of the Board of Commissioners and the reasons
                                        for the changes. In the event that there is no change in the composition of the members of the
                                        Board of Commissioners, this matter shall be disclosed;
                             11)   In the event that there were changes in the composition of the Board of Commissioners and/or the           72
                                   Board of Directors occurring between the period after year-end until the date the Annual Report
                                   submitted, then the last and the previous composition of the Board of Commissioners and/or the
                                   Board of Directors shall be stated in the Annual Report;
                             12)   Number of employees by gender, position, age, education level, and employment status (permanent/          187
                                   contracted) in the fiscal year; Disclosure of information can be presented in tabular form.
                             13)   Names of shareholders and ownership percentage at the end of the fiscal year, including:                   98
                                   a)   Shareholders having 5% (five percent) or more shares of Issuer or Public Company;
                                   b)   Commissioners and Directors who own shares of the Issuers or Public Company; and
                                   c)   Groups of public shareholders, or groups of shareholders, each with less than 5% (five percent)
                                        ownership shares of the Issuers or Public Company;
                             14)   The percentage of indirect ownership of the shares of the Issuer or Public Company by members              99
                                   of the Board of Directors and members of the Board of Commissioners at the beginning and end
                                   of the fiscal year, including information on shareholders registered in the shareholder register for
                                   the benefit of indirect ownership of members of the Board of Directors and members of the Board
                                   of Commissioners;
                             15)   Number of shareholders and ownership percentage at the end of the fiscal year, based on:                   99
                                   a)   Ownership of local institutions;
                                   b)   Ownership of foreign institutions;
                                   c)   Ownership of local individual; and
                                   d)   Ownership of foreign individual;
                             16)   Information on major shareholders and controlling shareholders the Issuers of Public Company,              98
                                   directly or indirectly, and also individual shareholder, presented in the form of scheme or diagram;
                             17)   Name of subsidiaries, associated companies, joint venture controlled by Issuers or Public Company,        104
                                   with entity, percentage of stock ownership, line of business, total assets and operating status of the
                                   Issuers of Public Company (if any);
                                   For subsidiaries, include the addresses of the said subsidiaries;
                             18)   Chronology of share listing, number of shares, par value, and bid price from the beginning of             104
                                   listing up to the end of the financial year, and name of Stock Exchange where the Issuers of Public
                                   Company shares are listed;
                             19)   Other securities listing information other than the securities as referred to in number 18), which        101
                                   have not yet matured in the fiscal year, at least contain the name of the securities, year of issue,
                                   interest rate/yield, maturity date, offering value, and securities rating (if any);
                             20) Information on the use of a Public Accountant (AP) and a Public Accounting firm (KAP) services              107
                                 and their networks/associations/alliances include:
                                   a)   name and address;
                                   b)   period of assignment;
                                   c)   informasi jasa audit dan/atau non audit yang diberikan;
                                   d)   Audit and/or non-audit fees for each assignment given during the fiscal year; and
                                   e)   In the event that AP and KAP and their network/association/alliance, which are appointed do
                                        not provide non-audit services, then the information is disclosed; and
                             21)   Name and address of capital market supporting institutions and/or professionals other than AP             107
                                   and KAP
                        f.   Management Discussion and Analysis                                                                             124-181
                             Management Analysis and Discussion Annual should contain discussion and analysis on financial
                             statements and other material information emphasizing material changes that occurred during the year
                             under review, at least including:
                             1)    Operational review per business segment, according to the type of industry of the Issuer or Public
                                   Company including:




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                                       a)   Production, including process, capacity, and growth;
                                       b)   Income/sales; and
                                       c)   Profitability;
                                 2)    comprehensive financial performance analysis which includes a comparison between the financial
                                       performance of the last 2 (two) fiscal years, and explanation on the causes and effects of such
                                       changes, among others concerning:
                                       a)   Current assets, non-current assets, and total assets;
                                       b)   Short term liabilities, long term liabilities, total liabilities;
                                       c)   Equities;
                                       d)   Sales/operating revenues, expenses and profit (loss), other comprehensive revenues, and total
                                            comprehensive profit (loss); and
                                       e)   Cash flows
                                 3)    The capacity to pay debts by including the computation of relevant ratios;
                                 4)    Accounts receivable collectability of the Issuer or Public Company, including the computation of
                                       the relevant ratios;
                                 5)    Capital structure and management policies concerning capital structure, including the basis for
                                       determining the said policy;
                                 6)    discussion on material ties for the investment of capital goods, including the explanation on at least:
                                       a)   The purpose of such ties;
                                       b)   Source of funds expected to fulfill the said ties;
                                       c)   Currency of denomination; and


                                       d)   Steps taken by the Issuer of Public Company to protect the position of a related foreign
                                            currency against risks;
                                 7)    Discussion on investment of capital goods which was realized in the last fiscal year, at least include:
                                       a)   Type of investment of capital goods;
                                       b)   Objective of the investment of capital goods; and
                                       c)   Value of the investment of capital goods;
                                 8)    Material Information and facts that occurring after the date of the accountant’s report (if any);
                                 9)    Information on the prospects of the Issuer or the Company in connection with industry,economy in
                                       general, accompanied with supporting quantitative data if there is a reliable data source;
                                 10) Comparison between target/projection at beginning of year and result (realization), concerning:
                                       a)   Income/sales;
                                       b)   Profit (loss);
                                       c)   Capital structure; or
                                       d)   Dividend policy; or
                                       e)   Others that deemed necessary for the Issuer or Public Company;
                                 11)   Target/projection at most for the next one year of the Issuer or Public Company, concerning:
                                       a)   Income/sales;
                                       b)   Profit (loss);
                                       c)   Capital structure; or
                                       d)   Dividend policy;
                                       e)   Or others that deemed necessary for the Issuer or Public Company;
                                 12)   Marketing aspects of the company’s products and/or services the Issuer or Public Company, among
                                       others marketing strategy and market share;
                                 13)   Description regarding the dividend policy during the last 2 (two) fiscal years, at least:
                                       a)   Dividend policy;




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                                   b)   The date of the payment of cash dividend and/or date of distribution of non-cash dividend;
                                   c)   Amount of cash per share (cash and/or non cash); and
                                   d)   Amount of dividend per year paid;
                                   Disclosure of information can be presented in tabular form. In the event that the Issuer or Public
                                   Company does not distribute dividends in the last 2 (two) years, this matter shall be disclosed.
                             14)   Use of proceeds from Public Offerings, under the condition of:
                                   a)   during the year under review, on which the Issuer has the obligation to report the realization
                                        of the use of proceeds, then the realization of the cumulative use of proceeds until the year
                                        end should be disclosed; and
                                   b)   In the event that there were changes in the use of proceeds as stipulated in the Regulation
                                        of the Financial Services Authority on the Report of the Utilization of Proceeds from Public
                                        Offering, then Issuer should explain the said changes;
                             15)   Material information (if any), among others concerning investment, expansion, divestment,
                                   acquisition, debt/capital restructuring, transactions with related parties and transactions with
                                   conflict of interest that occurred during the year under review, among others include:
                                   a)   Transaction date, value, and object;
                                   b)   Name of transacting parties;
                                   c)   Nature of related parties (if any);
                                   d)   Description of the fairness of the transaction; and
                                   e)   Compliance with related rules and regulations;
                                   f)   In the event that there is an affiliation relationship, apart from disclosing the information as
                                        referred to in letter a) to letter e), the Issuer or Public Company also discloses information:
                                        1)   A statement from the Board of Directors that the affiliate transaction has gone through
                                             adequate procedures to ensure that the affiliate transaction is carried out in accordance
                                             with generally accepted business practices, by complying with the arms-length principle;
                                             and
                                        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
                                             generally accepted business practices, by complying with the arms-length principle;
                                   g)   For affiliated transactions or material transactions which are business activities carried out
                                        to generate business income and are carried out regularly, repeatedly, and/or continuously,
                                        an explanation is added that the affiliated transactions or material transactions are business
                                        activities carried out to generate operating income. and run regularly, repeatedly, and/or
                                        continuously;
                                   h)   For disclosure of affiliated transactions and/or conflict of interest transactions resulting from
                                        the implementation of affiliated transactions and/or conflict of interest transactions that have
                                        been approved by independent shareholders, additional information regarding the date of
                                        the GMS which approved the affiliated transactions and/or conflict of interest transactions is
                                        added;
                                   i)   In the event that there is no affiliated transaction and/or conflict of interest transaction, then
                                        this shall be disclosed;
                             16)   Changes in regulation which have a significant effect on the Issuer or Public Company and impacts
                                   on the company (if any); and
                             17)   Changes in the accounting policy, rationale and impact on the financial statement (if any);
                        g.   Corporate Governance of the Issuer or Public Company                                                            266-355
                             Corporate Governance of the Issuer or Public Company contains at least:
                             1)    GMS, at least contains:
                                   a)   Information regarding the resolutions of the GMS in the fiscal year and 1 (one) year prior to
                                        the fiscal year include:
                                        1)   Resolutions of the GMS in the fiscal year and 1 (one) year before the fiscal year realized in
                                             the fiscal year; and
                                        2)   Resolutions of the GMS in the fiscal year and 1 (one) year before the fiscal year that have
                                             not been realized and the reasons for not realizing them;
                                   b)   In the event that the Issuer or Public Company uses an independent party in the conduct of
                                        the GMS to calculate the votes, then this matter shall be disclosed;
                             2)    The Board of Directors, covering:
                                   a)   The tasks and responsibilities of each member of the Board of Directors;
                                   b)   Statement that the Board of Directors has already have board manual or charter;




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                                      c)   Policies and implementation of the frequency of meetings of the Board of Directors, meetings
                                           of the Board of Directors with the Board of Commissioners, and the level of attendance of
                                           members of the Board of Directors in the meeting including attendance at the GMS;
                                      d)   Training and/or competency development of members of the Board of Directors:
                                           (1) Policies for training and/or improving the competence of members of the Board of
                                               Directors, including an orientation program for newly appointed members of the Board of
                                               Directors (if any); and
                                           (2) Training and/or competency improvement attended by members of the Board of Directors
                                               in the fiscal year (if any);
                                      e)   The Board of Directors’ assessment of the performance of the committees that support the
                                           implementation of the Board of Directors’ duties for the fiscal year shall at least contain:
                                           (1) Performance appraisal procedures; and
                                           (2) The criteria used are performance achievements during the fiscal year, are competence
                                               and attendance at meetings; and
                                      f)   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 matter shall be disclosed.
                                 3)   The Board of Commissioners, among others include:
                                      a)   Duties and responsibilities of the Board of Commissioners;
                                      b)   Statement that the Board of Commissioner has already have the board manual or charter;
                                      c)   Policies and implementation of the frequency of meetings of the Board of Commissioners,
                                           meetings of the Board of Commissioners with the Board of Directors and the level of attendance
                                           of members of the Board of Commissioners in these meetings including attendance at the
                                           GMS;
                                      d)   Training and/or competency improvement of members of the Board of Commissioners:
                                           (1) Policy on competency training and/or development of members of the Board of
                                               Commissioners, including orientation programs for newly appointed members of the
                                               Board of Commissioners (if any); and
                                           (2) Competency training and/or development attended by members of the Board of
                                               Commissioners in the fiscal year (if any);
                                      e)   The assessment on the performance of the Board of Directors and Board of Commissioners
                                           and the implementation, at least covering:
                                           (1) procedure for the implementation of performance assessment;
                                           (2) Criteria used are performance achievements during the fiscal year, competency and
                                               attendance at meetings; and
                                           (3) Assessor;
                                      f)   Board of Commissioners’ assessment of the performance of the Committees that support the
                                           implementation of the duties of the Board of Commissioners in the fiscal year includes:
                                           (1) Performance appraisal procedures; and
                                           (2) The criteria used are performance achievements during the fiscal year, competency and
                                               attendance at meetings;
                                 4)   The nomination and remuneration of the Board of Directors and the Board of Commissioners shall
                                      at least contain:
                                      a)   Nomination procedure, including a brief description of the policies and process for nomination
                                           of members of the Board of Directors and/or members of the Board of Commissioners; and
                                      b)   Procedures and implementation of remuneration for the Board of Directors and the Board of
                                           Commissioners, among others:
                                           (1) Procedures for determining remuneration for the Board of Directors and the Board of
                                               Commissioners;
                                           (2) The remuneration structure of the Board of Directors and the Board of Commissioners
                                               such as salary, allowances, tantiem/bonus and others; and
                                           (3) The amount of remuneration for each member of the Board of Directors and member of
                                               the Board of Commissioners
                                 5)   Sharia Supervisory Board, for Issuer or Public Company that conduct business based on sharia law,
                                      as stipulated in the articles of association, at least containing:
                                      a)   name;
                                      b)   Legal basis for the appointment of the sharia supervisory board;
                                      c)   Period of assignment of the sharia supervisory board;




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                                 d)   duty and responsibility of Sharia Supervisory Board; and
                                 e)   frequency and procedure in providing advice and suggestion, as well as the compliance of
                                      Sharia Principles by the Issuer or Public Company in the Capital Market;
                            6)   Audit Committee, among others covering:
                                 a)   Name and position in the committee;
                                 b)   Age;
                                 c)   Citizenship;
                                 d)   Education background;
                                 e)   History of position; including:
                                      (1) Legal basis for appointment as committee member;
                                      (2) Dual position, as member of Board of Commissioners, member of Board of Directors, and/
                                          or member of committee, and other position (if any); and
                                      (3) working experience and period in and outside the Issuer or Public Company;
                                 f)   Period and terms of office of the member of Audit Committee;
                                 g)   statement of independence of the Audit Committee;
                                 h)   Training and/or competency improvement that have been followed in the fiscal year (if any);
                                 i)   Policies and implementation of the frequency of audit committee meetings and the level of
                                      attendance of audit committee members in those meetings; and
                                 j)   the activities of the Audit Committee in the year under review, in accordance with the Audit
                                      Committee Charter;
                            7)   The nomination and remuneration committee or function of the Issuer or Public Company, at least
                                 containing:
                                 a)   Name and position in committee membership;
                                 b)   Age;
                                 c)   Nationality;
                                 d)   Educational history;
                                 e)   Position history, including information on:
                                      (1) Legal basis for appointment as committee member;
                                      (2) Concurrent positions, either as a member of the Board of Commissioners, member of the
                                          Board of Directors, and/or committee member and other positions (if any); and
                                      (3) Work experience and period of time both inside and outside the Issuer or Public Company;
                                 f)   Period and term of office of the committee members;
                                 g)   Statement of committee independence;
                                 h)   Training and/or competency improvement that have been followed in the fiscal year (if any);
                                 i)   Description of duties and responsibilities;
                                 j)   A statement that it has a guideline or charter;
                                 k)   Policies and implementation of the frequency of meetings and the level of attendance of
                                      members at the meeting;
                                 l)   Brief description of the implementation of activities in the fiscal year; and
                                 m)   In the event that no nomination and remuneration committee is formed, the Issuer or Public
                                      Company is sufficient to disclose the information as referred to in letter i) to letter l) and
                                      disclose:
                                      (1) Reasons for not forming the committee; and
                                      (2) The party carrying out the nomination and remuneration function;
                            8)   Other committees owned by Issuers or Public Companies in order to support the functions and
                                 tasks of the Board of Directors (if any) and / or committees that support the functions and duties
                                 of the Board of Commissioners, the least contains:
                                 a)   Name and position in the Committee;




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                                       b)   Age;
                                       c)   Citizenship;
                                       d)   Education background;
                                       e)   History of position, including:
                                            (1) Legal basis for the appointment as member of the committee;
                                            (2) Dual position, as member of Board of Commissioners, member of Board of Directors, and/
                                                or member of committee, and other position (if any); and
                                            (3) Working experience and period in and outside the Issuer or Public Company;
                                       f)   Period and terms of office of the member of Audit Committee;
                                       g)   Statement of committee independence;
                                       h)   Training and/or competency improvement that have been followed in the fiscal year (if any);
                                            and
                                       i)   Description of duties and responsibilities;
                                       j)   A statement that the committee has had guidelines or charters;
                                       k)   Policies and implementation of the frequency of committee meetings and the level of
                                            attendance of committee members at the meeting; and
                                       l)   A brief description of the committee’s activities for the fiscal year;
                                 9)    Corporate Secretary, including:
                                       a)   name;
                                       b)   domicile;
                                       c)   history of position, including:
                                            (1) legal basis for the appointment as Corporate Secretary; and
                                            (2) working experience and period in and outside the Issuer or Public Company;
                                       d)   education background;
                                       e)   education and/or training during the year under review; and
                                       f)   brief description on the implementation of duties of the Corporate Secretary in the year under
                                            review;
                                 10) Internal Audit Unit, among others including:
                                       a)   Name of Head of Internal Audit Unit;
                                       b)   History of position, including:
                                            (1) Legal basis for the appointment as Head of Internal Audit Unit; and
                                            (2) Working experience and period in and outside the Issuer or Public Company;
                                       c)   Qualification or certification as internal auditor (if any);
                                       d)   Education and/or training during the year under review;
                                       e)   Structure and position of Internal Audit Unit;
                                       f)   Description of duties and responsibilities;
                                       g)   Statement that the Internal Audit Unit has already have Internal Audit Unit charter; and
                                       h)   Brief description on the implementation of duty of Internal Audit Unit during the year under
                                            review;
                                 11)   Description on internal control system adopted by the Issuer or Public Company, at least covering:
                                       a)   Financial and operational control, and compliance to the other prevailing rules; and
                                       b)   Review on the effectiveness of internal control systems;
                                       c)   Statement of the Board of Directors and/or Board of Commissioners on the adequacy of the
                                            internal control system;
                                 12)   Risk management system implemented by the company, at least includes:
                                       a)   General description about the company’s risk management system the Issuer or Public
                                            Company;
                                       b)   Types of risk and the management; and




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                                  c)   Review the effectiveness of the risk management system applied by the Issuer or Public
                                       Company;
                                  d)   Statement of the Board of Directors and/or the Board of Commissioners or the audit committee
                                       on the adequacy of the risk management system;
                            13)   Legal cases that have a material impact faced by Issuers or Public Companies, subsidiaries, members
                                  of the Board of Directors and members of the Board of Commissioners (if any), at least contain:
                                  a)   Substance of the case/claim;
                                  b)   Status of settlement of case/claim; and
                                  c)   Potential impacts on the condition of the Issuer or Public Company;
                            14)   information about administrative sanctions imposed to Issuer or Public Company, members of the
                                  Board of Commissioners and the Board of Directors, by the Capital Market Authority and other
                                  authorities during the last fiscal year (if any);
                            15)   information about codes of conduct of the Issuer or Public Company, includes:
                                  a)   Key points of the code of conduct;
                                  b)   Socialization of the code of conduct and enforcement; and
                                  c)   Statement that the code of conduct is applicable for the Board of Commissioners, the Board
                                       of Directors, and employees of the Issuer of Public Company;
                            16)   A brief description of the policy of providing long-term performance-based compensation to
                                  management and/or employees owned by the Issuer or Public Company (if any), including the
                                  management stock ownership program (MSOP) and/or program employee stock ownership
                                  (ESOP);
                                  a)   Number of shares and/or options;
                                  b)   Implementation period;
                                  c)   Requirements for eligible employees and/or management; and
                                  d)   Exercise price or determination of exercise price;
                            17)   A brief description of the information disclosure policy regarding:
                                  a)   Share ownership of members of the Board of Directors and members of the Board of
                                       Commissioners no later than 3 (three) working days after the occurrence of ownership or any
                                       change in ownership of shares of a Public Company; and
                                  b)   Implementation of the policy;
                            18)   Description of whistleblowing system at the Issuer or Public Company (if any), among others
                                  include:
                                  a)   Mechanism for violation reporting;
                                  b)   Protection for the whistleblower;
                                  c)   Handling of violation reports;
                                  d)   Unit responsible for handling of violation report; and
                                  e)   Results from violation report handling, at least includes:
                                       (1) Number of complaints received and processed during the fiscal year; and
                                       (2) Follow up of complaints;
                            19)   A description of the anti-corruption policy of the Issuer or Public Company, at least containing:
                                  a)   Programs and procedures implemented in overcoming corrupt practices, kickbacks, fraud,
                                       bribery and/or gratification in Issuers or Public Companies; and
                                  b)   Anti-corruption training/socialization to employees of Issuers or Public Companies;
                            20) Implementation of the Guidelines of Corporate Governance for Public Companies for Issuer issuing
                                Equity-based Securities or Public Company, including:
                                  a)   statement regarding recommendation that have been implemented; and/or
                                  b)   description of recommendation that have not been implemented, along with the reason and
                                       alternatives of implementation (if any);




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                           h.    Social and Environmental Responsibility of the Issuer or Public Company                                        356-357
                                 1)   The information disclosed in the social and environmental responsibility section is a Sustainability
                                      Report as referred to in the Financial Services Authority Regulation Number 51/POJK.03/2017
                                      concerning the Implementation of Sustainable Finance for Financial Services Institutions, Issuers,
                                      and Public Companies, at at least includes:
                                      a)   Explanation of the sustainability strategy;
                                      b)   Overview of sustainability aspects (economic, social, and environmental);
                                      c)   Brief profile of the Issuer or Public Company;
                                      d)   Explanation of the Board of Directors;
                                      e)   Sustainability governance;
                                      f)   Sustainability performance;
                                      g)   Written verification from an independent party, if any;
                                      h)   Feedback sheet for readers, if any; and
                                      i)   The response of the Issuer or Public Company to the previous year’s report feedback;
                                 2)   The Sustainability Report as referred to in number 1) must be prepared in accordance with the
                                      Technical Guidelines for the Preparation of a Sustainability Report for Issuers and Public Companies
                                      as contained in Appendix II which is an integral part of this Financial Services Authority Circular
                                      Letter;
                                 3)   Information on the Sustainability Report 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
                                           section related to the Directors’ Report; and/or
                                      b)   Refers to other sections outside the Social and Environmental Responsibility section by still
                                           referring to the Technical Guidelines for the Preparation of Sustainability Reports for Issuers
                                           and Public Companies as listed in Appendix II which is an integral part of this Financial Services
                                           Authority Circular Letter, such as the profile of the 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 the information as referred to in number 1); and
                                      b)   Prepared in accordance with the Technical Guidelines for the Preparation of a Sustainability
                                           Report for Issuers and Public Companies as listed in Appendix II which is an integral part of
                                           this Financial Services Authority Circular Letter;
                                 6)   In the event that the Sustainability Report is presented separately from the Annual Report, then
                                      the Social and Environmental Responsibility section contains information that information on
                                      Social and Environmental Responsibility has been disclosed in the Sustainability Report which is
                                      presented separately from the Annual Report; and
                                 7)   Submission of the Sustainability Report which is presented separately from the Annual Report must
                                      be submitted together with the Annual Report.
                           i     Audited Annual Financial Statement
                                 Financial Statements included in Annual Report should be prepared in accordance with the Financial                √
                                 Accounting Standards in Indonesia and audited by an Accountant. The said financial statement should
                                 be included with statement of responsibility for financial report as stipulated in the legislations in the
                                 Capital Markets sector governing the responsibility of the Board of Directors on the financial report or
                                 the legislations in the Capital Markets sector governing the periodic reports of securities company in the
                                 event the Issuer is a Securities Company; and
                           j     Letter of Statement of the Board of Directors and the Board of Commissioners regarding the                      52-53
                                 Responsibility for Annual Reporting
                                 Letter of statement of the Board of Directors and the Board of Commissioners regarding the responsibility
                                 for Annual Reporting should be prepared according to the format of letter of statement of member of
                                 Board of Directors and the Board of Commissioners regarding the responsibility for Annual Reporting as
                                 attached in the Attachment, which is an integral part of this Circulation Letter of the Financial Services
                                 Authority.




                 Advancing Technology Innovation for Sustainable Future                                          2024 Annual Report • PT BANK MEGA Tbk    369



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                                                       Sustainability
                                                       Report




      370      2024 Annual Report • PT BANK MEGA Tbk    Advancing Technology Innovation for Sustainable Future




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                                 07
                                                    Financial
                                                    Statements




                 Advancing Technology Innovation for Sustainable Future   2024 Annual Report • PT BANK MEGA Tbk   371



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             PT BANK MEGA TBK                         PT BANK MEGA TBK

             Laporan Keuangan                              Financial Statements
             Untuk Tahun-Tahun yang Berakhir                For the Years Ended
             Pada Tanggal 31 Desember 2024 dan 2023   December 31, 2024 and 2023




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             PT BANK MEGA TBK                                                   PT BANK MEGA TBK




                                                      Halaman/
             Daftar Isi                                 Page                        Table of Contents



             Surat Pernyataan Direksi                                     Directors’ Statement Letter

             Laporan Auditor Independen                                Independent Auditor’s Report

             Laporan Keuangan                                                Financial Statements
             Untuk Tahun-Tahun yang Berakhir                                  For the Years Ended
             Pada Tanggal 31 Desember 2024 dan 2023                     December 31, 2024 and 2023

             Laporan Posisi Keuangan                     1             Statements of Financial Position

             Laporan Laba Rugi dan Penghasilan                   Statements of Profit or Loss and Other
                                                         3
             Komprehensif Lain                                                 Comprehensive Income

             Laporan Perubahan Ekuitas                   4            Statements of Changes in Equity

             Laporan Arus Kas                            5                   Statements of Cash Flows

             Catatan Atas Laporan Keuangan               7           Notes to the Financial Statements




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         PT BANK MEGA TBK                                                                               PT BANK MEGA TBK
         LAPORAN POSISI KEUANGAN                                                         STATEMENTS OF FINANCIAL POSITION
         Pada Tanggal 31 Desember 2024 dan 2023                                                   December 31, 2024 and 2023
         (Disajikan dalam jutaan Rupiah,                                                         (Expressed in millions Rupiah,
         kecuali dinyatakan lain)                                                                      unless otherwise stated)

                                                 Catatan/
                                                  Notes              2024               2023*)
         ASET                                                                                                                           ASSETS
         Kas                                        4                      873,509          855,222                                         Cash
         Giro pada Bank Indonesia                   5                     7,525,245        6,822,433       Current accounts with Bank Indonesia
         Giro pada bank lain                        6                                                         Current accounts with other banks
            Pihak berelasi                          39                         360              104                          Related parties
            Pihak ketiga                                                   955,032          645,772                             Third parties
                                                                           955,392          645,876
         Dikurangi:                                                                                                                       Less:
         Cadangan kerugian penurunan nilai                                  (2,186)          (1,203)            Allowance for impairment losses
         Giro pada bank lain - neto                                        953,206          644,673        Current account with other banks - net
         Penempatan pada Bank Indonesia                                                                         Placements with Bank Indonesia
           dan bank lain                            7                                                                        and other banks
           Pihak ketiga                                                    831,826         3,356,000                             Third parties
         Dikurangi:                                                                                                                        Less:
         Cadangan kerugian penurunan nilai                                         --        (3,373)            Allowance for impairment losses
         Penempatan pada Bank Indonesia                                                                         Placements with Bank Indonesia
           dan bank lain - neto                                            831,826         3,352,627                   and other banks - net
         Efek-efek                                  8                                                                                 Securities
           Pihak berelasi                           39                   198,832             198,288                           Related parties
           Pihak ketiga                                               49,304,778          37,426,300                             Third parties
                                                                      49,503,610          37,624,588
         Dikurangi:                                                                                                                       Less:
         Cadangan kerugian penurunan nilai                                         --                 --        Allowance for impairment losses
         Efek-efek - neto                                             49,503,610          37,624,588                              Securities - net
         Efek-efek yang dibeli dengan janji                                                                          Securities purchased under
           dijual kembali                           9                                                                     agreement to resell
           Pihak ketiga                                                   1,389,981        7,215,441                             Third parties
         Tagihan derivatif                          10                                                                     Derivative receivables
           Pihak berelasi                           39                       2,101                    --                       Related parties
           Pihak ketiga                                                     46,633               20,974                           Third parties
                                                                            48,734               20,974
         Kredit yang diberikan                      11                                                                                    Loans
           Pihak berelasi                           39                 1,743,050           1,318,592                           Related parties
           Pihak ketiga                                               62,911,602          64,986,127                             Third parties
                                                                      64,654,652          66,304,719
         Pendapatan bunga yang                                                                                                          Unearned
           ditangguhkan                                                     (9,371)         (11,823)                           interest income
                                                                      64,645,281          66,292,896
         Dikurangi:                                                                                                                       Less:
         Cadangan kerugian penurunan nilai                                (664,877)        (604,816)            Allowance for impairment losses
         Kredit yang diberikan - neto                                 63,980,404          65,688,080                                  Loans - net
         Tagihan akseptasi                          12                                                                    Acceptance receivable
           Pihak ketiga                                                      9,234                    --                         Third parties
         Dikurangi:                                                                                                                       Less:
         Cadangan kerugian penurunan nilai                                       (12)                 --        Allowance for impairment losses
         Tagihan akseptasi - neto                                            9,222                    --             Acceptance receivable - net
         Aset pajak tangguhan                      21.f                    105,542                    --                     Deferred tax assets
         Aset tetap dan aset hak-guna               13                    8,205,441        8,121,885        Fixed assets and right-of-use assets
         Dikurangi:                                                                                                                        Less:
           Akumulasi penyusutan                                      (2,131,428)         (1,924,127)               Accumulated depreciation
         Aset tetap dan                                                                                                              Fixed assets
           aset hak-guna - neto                                           6,074,013        6,197,758                 and right-of-use assets - net
         Aset lain-lain                             14                                                                              Other assets
           Pihak berelasi                           39                       15,681           15,751                           Related parties
           Pihak ketiga                                                   3,604,521        3,612,044                             Third parties
                                                                          3,620,202        3,627,795
         TOTAL ASET                                                  134,915,494        132,049,591                             TOTAL ASSETS




         Catatan terlampir merupakan bagian yang tidak terpisahkan dari                 The accompanying notes form an integral part of these
         laporan keuangan secara keseluruhan                                                           financial statements taken as a whole

                                                                             1


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               PT BANK MEGA TBK                                                                              PT BANK MEGA TBK
               LAPORAN POSISI KEUANGAN (Lanjutan)                                  STATEMENTS OF FINANCIAL POSITION (Continued)
               Pada Tanggal 31 Desember 2024 dan 2023                                                  December 31, 2024 and 2023
               (Disajikan dalam jutaan Rupiah,                                                        (Expressed in millions Rupiah,
               kecuali dinyatakan lain)                                                                     unless otherwise stated)

                                                        Catatan/
                                                         Notes             2024              2023*)

                LIABILITAS DAN EKUITAS                                                                                   LIABILITIES AND EQUITY
                LIABILITAS                                                                                                             LIABILITIES
                Liabilitas segera                           15                   179,318          296,179               Obligations due immediately
                Simpanan dari nasabah                                                                                      Deposits from customers
                  Giro                                      16                                                                   Current accounts
                     Pihak berelasi                         39                 387,246            482,783                       Related parties
                     Pihak ketiga                                            9,995,402          9,642,942                         Third parties
                                                                            10,382,648         10,125,725
                  Tabungan                                  17                                                                    Saving deposits
                    Pihak berelasi                          39                  72,339            113,643                        Related parties
                    Pihak ketiga                                            17,115,305         15,548,598                          Third parties
                                                                            17,187,644         15,662,241
                  Deposito berjangka                        18                                                                      Time deposits
                    Pihak berelasi                          39                 622,090          1,717,317                        Related parties
                    Pihak ketiga                                            63,476,915         61,930,467                          Third parties
                                                                            64,099,005         63,647,784
                Simpanan dari bank lain                     19                                                            Deposits from other banks
                  Pihak berelasi                            39                  1,808,949       1,202,082                         Related parties
                  Pihak ketiga                                                  2,024,083       2,670,514                            Third parties
                                                                                3,833,032       3,872,596
                Efek-efek yang dijual dengan                                                                                   Securities sold under
                  janji dibeli kembali                      20                                                           repurchased agreements
                  Pihak berelasi                            39                 236,275                  --                      Related parties
                  Pihak ketiga                                              12,710,913         12,573,231                         Third parties
                                                                            12,947,188         12,573,231
                Liabilitas derivatif                        10                    121,059          18,931                        Derivatives payable
                Utang pajak                                21.a                   222,064         138,535                                Tax payable
                Pinjaman yang diterima                      22                  3,987,600       2,909,228                           Fund borrowings
                Utang akseptasi                            12.b                     9,234               --                      Acceptance payable
                Liabilitas pajak tangguhan - neto          21.f                         --        156,812                 Deferred tax liabilities - net
                Liabilitas imbalan                                                                                                 Post-employment
                   pasca-kerja                              36                   296,414          277,530                         benefits liability
                Obligasi subordinasi                        23                                                                  Subordinated bonds
                   Pihak berelasi                           39                     48,000             48,000                         Related parties
                   Pihak ketiga                                                     2,000              2,000                             Third parties
                                                                                   50,000             50,000
                Beban yang masih harus                                                                                            Accrued expenses
                  dibayar dan liabilitas lain-lain          24                                                                  and other liabilities
                  Pihak berelasi                            39                   1,912              4,703                          Related parties
                  Pihak ketiga                                                 416,175            560,653                             Third parties
                                                                               418,087            565,356
                TOTAL LIABILITAS                                           113,733,293        110,294,148                       TOTAL LIABILITIES
                EKUITAS                                                                                                                      EQUITY
                Modal saham - nilai nominal                                                                          Share capital - par value Rp500
                Rp500 (nilai penuh) per saham                                                                                 (full amount) per share
                  Modal dasar                                                                                                    Authorized capital
                   - 27.000.000.000 saham                                                                                - 27,000,000,000 shares
                Modal ditempatkan dan disetor
                  penuh 11.740.923.365 saham                                                                          Issued and fully paid-up capital
                  pada tanggal 31 Desember 2024                                                                            11,740,923,365 shares
                  dan 2023                                  25               5,870,462          5,870,462         in December 31, 2024 and 2023
                Tambahan modal disetor                      26               6,347,491          6,347,491                   Additional paid-in capital
                Penghasilan komprehensif lain - neto   8, 13, 21, 36         2,291,442          3,314,078         Other comprehensive income - net
                Cadangan umum                               27                   1,786              1,716                            General reserve
                Saldo laba                                                   6,671,020          6,221,696                         Retained earnings
                TOTAL EKUITAS                                               21,182,201         21,755,443                            TOTAL EQUITY
                TOTAL LIABILITAS DAN EKUITAS                               134,915,494        132,049,591        TOTAL LIABILITIES AND EQUITY

                *) Direklasifikasikan (Catatan 50)                                                                      *) As reclassified (Note 50)




               Catatan terlampir merupakan bagian yang tidak terpisahkan dari                 The accompanying notes form an integral part of these
               laporan keuangan secara keseluruhan                                                           financial statements taken as a whole

                                                                                    2


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         PT BANK MEGA TBK                                                                               PT BANK MEGA TBK
         LAPORAN LABA RUGI DAN                                                          STATEMENTS OF PROFIT OR LOSS AND
         PENGHASILAN KOMPREHENSIF LAIN                                                      OTHER COMPREHENSIVE INCOME
         Untuk Tahun-Tahun yang Berakhir                                                                  For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                   December 31, 2024 and 2023
         (Disajikan dalam jutaan Rupiah,                                                         (Expressed in millions Rupiah,
         kecuali dinyatakan lain)                                                                      unless otherwise stated)

                                                      Catatan/
                                                       Notes          2024              2023
          PENDAPATAN DAN                                                                                             OPERATING INCOME AND
           BEBAN OPERASIONAL                                                                                                        EXPENSE
           Pendapatan bunga                            28, 39             10,289,306    10,217,532                             Interest income
           Beban bunga                                 29, 39             (5,189,567)   (4,685,387)                          Interest expense
          PENDAPATAN BUNGA - NETO                                           5,099,739     5,532,145                    NET INTEREST INCOME
          Pendapatan operasional lainnya                                                                                 Other operating income
           Provisi dan komisi                           30                 1,696,891     1,671,911                       Fees and commissions
           Keuntungan penjualan efek-efek - neto                              70,465       535,366               Gain on sale of securities - net
           Keuntungan transaksi                                                                                        Gain on foreign exchange
             mata uang asing - neto                                           36,466           55,255                        transactions - net
           Keuntungan perubahan nilai                                                                             Gain from the changes in fair
             wajar instrumen keuangan - neto                                   3,202           14,794      value of financial instruments - net
           Lain-lain                                                           8,332           10,704                                     Others
          TOTAL
           PENDAPATAN OPERASIONAL LAINNYA                                  1,815,356     2,288,030        TOTAL OTHER OPERATING INCOME
          Beban operasional lainnya                                                                                  Other operating expenses
           Provisi dan komisi                           30                   (12,536)      (11,427)                    Fees and commissions
           Beban cadangan kerugian                                                                             Provision for impairment losses
             penurunan nilai aset keuangan                                                                           on financial assets and
             dan aset non-keuangan - neto               31                 (216,464)      (195,318)                non-financial assets - net
           Beban umum dan                                                                                                          General and
             administrasi                               32                (2,055,670)   (1,817,565)                 administrative expenses
           Beban gaji dan                                                                                                 Salary expenses and
             tunjangan lainnya                         33, 39             (1,399,207)   (1,463,387)                         other allowances
          TOTAL BEBAN OPERASIONAL LAINNYA                                 (3,683,877)   (3,487,697)     TOTAL OTHER OPERATING EXPENSES
          PENDAPATAN OPERASIONAL - NETO                                    3,231,218     4,332,478                  OPERATING INCOME - NET
          Pendapatan non-operasional - neto             34                    25,688           10,251                 Non-operating income - Net
          LABA SEBELUM BEBAN PAJAK                                         3,256,906     4,342,729            INCOME BEFORE TAX EXPENSE
          Beban pajak - neto                            21.b               (625,852)      (832,059)                            Tax expense - net
          LABA BERSIH                                                      2,631,054     3,510,670                                 NET INCOME
          Penghasilan komprehensif lain :                                                                        Other comprehensive income:
          Pos-pos yang tidak akan                                                                             Items that will not be reclassified
            direklasifikasi ke laba rugi:                                                                                     to profit or loss:
            Pengukuran kembali liabilitas                                                                            Remeasurement of post-
              imbalan pasca-kerja - neto                36                   (50,745)      (48,533)         employment benefits liability - net
          Pos yang akan direklasifikasi                                                                            Item that will be reclassified
            ke laba rugi:                                                                                                     to profit or loss:
            Perubahan nilai wajar efek-efek                                                                  Changes in fair value of securities
               yang diukur pada nilai wajar melalui                                                           measured at fair value through
              penghasilan komprehensif lain - neto      8g                 (696,131)       496,444         other comprehensive income - net
          TOTAL PENGHASILAN
           KOMPREHENSIF                                                                                               TOTAL COMPREHENSIVE
           TAHUN BERJALAN                                                  1,884,178     3,958,581                   INCOME FOR THE YEAR

          LABA PER SAHAM                                                                                                      BASIC EARNINGS
           DASAR                                                                                                                 PER SHARE
           (nilai penuh)                                37                        224            299                            (full amount)




         Catatan terlampir merupakan bagian yang tidak terpisahkan dari                 The accompanying notes form an integral part of these
         laporan keuangan secara keseluruhan                                                           financial statements taken as a whole

                                                                              3


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                                   PT BANK MEGA TBK                                                                                                                                                                                                                                            PT BANK MEGA TBK
                                   LAPORAN PERUBAHAN EKUITAS                                                                                                                                                                                                               STATEMENTS OF CHANGES IN EQUITY
                                   Untuk Tahun-Tahun yang Berakhir                                                                                                                                                                                                                               For the Years Ended
                                   Pada Tanggal 31 Desember 2024 dan 2023                                                                                                                                                                                                               December 31, 2024 and 2023
                                   (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                                                                                                                                    (Expressed in millions Rupiah, unless otherwise stated)

                                                                                                                                                                                                   Penghasilan Komprehensif Lain/Other Comprehensive Income




LK_AR Bank MEGA 2024_INA.indd 15
                                                                                                                                                                                                                                              Keuntungan/
                                                                                                                                                                                                                                             (kerugian) yang
                                                                                                                                                                                                                                            belum direalisasi
                                                                                                                                                                                                                                             atas perubahan
                                                                                                                                                                                                                                           nilai wajar efek-efek
                                                                                                                                                                                                                                            yang diukur pada
                                                                                                                                                                                                                                           nilai wajar melalui
                                                                                                                                                                                                                    Pengukuran                 penghasilan
                                                                                                                                                                                                                    kembali atas           komprehensif lain -
                                                                                                                                                                                                                 liabilitas Imbalan               neto/
                                                                                                   Modal                                                                                    Surplus              pasca-kerja - Neto/        Unrealized gain/
                                                                                               ditempatkan dan         Tambahan                                                            revaluasi             Remeasurement             (loss) on changes         Total penghasilan
                                                                                               disetor penuh/         modal disetor/        Cadangan                                   aset tetap - neto/             of post-                 in fair value         komprehensif lain/
                                                                                                   Issued              Additional            umum/            Saldo laba/                Revaluation               employment                 through other             Total other
                                                                                    Catatan/      and fully              paid-in-           General           Retained                    surplus of                  benefits               comprehensive            comprehensive        Total ekuitas/
                                                                                     Notes     paid-up capital           capital            reserve           earnings                 fixed assets - net           liability - net           income - net                income           Total equity

                                   Saldo 31 Desember 2022                                              5,870,462              6,347,491               1,639         5,272,162                    3,584,877                    (88,248)                 (354,703)              3,141,926          20,633,680         Balance as of December 31, 2022

                                   Laba tahun berjalan 2023                                                      --                    --                --         3,510,670                               --                        --                        --                    --          3,510,670                    Income for the year 2023
                                   Pemindahan surplus aset tetap                                                                                                                                                                                                                                                 Transfer of revaluation surplus of fixed
                                     ke saldo laba                                                               --                    --                --           275,759                    (275,759)                            --                        --             (275,759)                    --            assets to retained earnings
                                   Pengukuran kembali atas liabilitas                                                                                                                                                                                                                                             Remeasurement of post-employment
                                     imbalan pascakerja - neto                        36                         --                    --                --                   --                            --                (48,533)                          --              (48,533)            (48,533)                       benefit liability - net
                                   Kerugian dari perubahan nilai atas                                                                                                                                                                                                                                                Unrealized loss on changes in fair
                                     efek-efek yang diukur pada nilai wajar                                                                                                                                                                                                                                                value of securities through
                                     melalui penghasilan komprehensif lain - neto     8.g                        --                    --                --                   --                            --                        --                  496,444               496,444             496,444        other comprehensive income - net
                                   Dividen tunai                                      27                         --                    --                --        (2,836,818)                              --                        --                        --                    --         (2,836,818)                               Cash dividend
                                   Pembentukan cadangan umum                          27                         --                    --               77                  (77)                            --                        --                        --                    --                    --            Allocation for general reserve
                                   Saldo 31 Desember 2023                                              5,870,462              6,347,491               1,716         6,221,696                    3,309,118                   (136,781)                    141,741             3,314,078          21,755,443         Balance as of December 31, 2023

                                   Laba tahun berjalan 2024                                                      --                    --                --         2,631,054                               --                        --                        --                    --          2,631,054                    Income for the year 2024
                                   Pemindahan surplus aset tetap                                                                                                                                                                                                                                                 Transfer of revaluation surplus of fixed
                                     ke saldo laba                                                               --                    --                --           275,760                    (275,760)                            --                        --             (275,760)                    --            assets to retained earnings
                                   Pengukuran kembali atas liabilitas                                                                                                                                                                                                                                             Remeasurement of post-employment
                                     imbalan pascakerja - neto                        36                         --                    --                --                   --                            --                (50,745)                          --              (50,745)            (50,745)                benefit liability - net of tax
                                   Keuntungan dari perubahan nilai atas                                                                                                                                                                                                                                              Unrealized loss on changes in fair
                                     efek-efek yang diukur pada nilai wajar                                                                                                                                                                                                                                                value of securities through
                                     melalui penghasilan komprehensif lain - neto     8.g                        --                    --                --                   --                            --                        --               (696,131)               (696,131)           (696,131)       other comprehensive income - net
                                   Dividen tunai                                      27                         --                    --                --        (2,457,420)                              --                        --                        --                    --         (2,457,420)                               Cash dividend
                                   Pembentukan cadangan umum                          27                         --                    --               70                  (70)                            --                        --                        --                    --                    --            Allocation for general reserve
                                   Saldo 31 Desember 2024                                              5,870,462              6,347,491               1,786         6,671,020                    3,033,358                   (187,526)                 (554,390)              2,291,442          21,182,201         Balance as of December 31, 2024




                                   Catatan terlampir merupakan bagian yang tidak terpisahkan dari                                                                                                                                                                                  The accompanying notes form an integral part of these
                                   laporan keuangan secara keseluruhan                                                                                                                                                                                                                           financial statements taken as a whole

                                                                                                                                                                                   4




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         PT BANK MEGA TBK                                                                                        PT BANK MEGA TBK
         LAPORAN ARUS KAS                                                                              STATEMENTS OF CASH FLOWS
         Untuk Tahun-Tahun yang Berakhir                                                                           For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                            December 31, 2024 and 2023
         (Disajikan dalam jutaan Rupiah,                                                                  (Expressed in millions Rupiah,
         kecuali dinyatakan lain)                                                                               unless otherwise stated)

                                                    Catatan/
                                                     Notes           2024              2023
          ARUS KAS DARI                                                                                                      CASH FLOWS FROM
            AKTIVITAS OPERASI                                                                                        OPERATING ACTIVITIES
            Penerimaan bunga                                          10,092,211        10,340,100                               Interest received
            Penerimaan pendapatan provisi                                                                                 Fees and commissions
              dan komisi - neto                                           1,684,355      1,660,484                       income received - net
            Penerimaan dari kredit yang                                                                                    Recovery from written
               telah dihapus buku                                          262,082         311,263                                     off loans
            Penerimaan dari penjualan                                                                                      Proceeds from sale of
               agunan yang diambil alih                                      34,394           55,351                         foreclosed assets
            Penerimaan pendapatan                                                                                        Other operating income
             operasional lainnya                                              8,332           10,704                                   received
            Pembayaran bunga dan                                                                                 Payments of interest and other
               beban pembiayaan lainnya                               (5,198,609)       (4,658,858)                          financing charges
            Pembayaran beban operasional lainnya                      (3,103,068)       (2,907,577)        Payments of other operating expenses
            Pembayaran pajak penghasilan                                (638,772)         (912,589)                       Payment of income tax
            Pendapatan non-operasional - neto                              25,817            20,351                  Non-operating income - net
            Kenaikan/penurunan dalam                                                                             Increase/decrease in operating
               aset dan liabilitas operasi:                                                                               assets and liabilities:
          Aset operasi:                                                                                                          Operating assets:
            Efek-efek                                                     2,761,041     (1,664,764)                                     Securities
            Efek-efek yang dibeli dengan janji                                                                       Securities purchased under
               dijual kembali                                             5,825,460     (3,960,736)                        agreement to resell
            Kredit yang diberikan                                         1,220,912       3,470,465                                          Loans
            Aset lain-lain                                                  166,282       (245,357)                                  Other assets
          Liabilitas operasi:                                                                                                 Operating liabilities:
            Liabilitas segera                                             (116,861)           50,586                Obligations due immediately
            Simpanan dari nasabah:                                                                                     Deposits from customers:
               Giro                                                         256,923     (2,693,117)                           Current accounts
               Tabungan                                                   1,525,403         928,590                            Saving deposits
               Deposito berjangka                                           451,221    (11,751,480)                              Time deposits
            Simpanan dari bank lain                                         (39,564)      2,325,900                   Deposits from other banks
            Efek-efek yang dijual dengan janji                                                                              Securities sold under
               dibeli kembali                                              373,957       (690,156)                    repurchased agreement
            Beban yang masih harus dibayar                                                                                     Accrued expenses
               dan liabilitas lain-lain                                   (128,482)        (27,959)                         and other liabilities
          Kas neto yang diperoleh dari/                                                                                     Net cash provided by/
            (digunakan untuk) aktivitas operasi                       15,463,034       (10,338,799)             (used in) operating activities
          ARUS KAS DARI                                                                                                       CASH FLOWS FROM
            AKTIVITAS INVESTASI                                                                                         INVESTING ACTIVITIES
           Penerimaan dari penjualan aset                                                                                            Proceeds from
              keuangan yang diukur pada nilai                                                                                    sale of financial
              wajar melalui penghasilan                                                                             assets at fair value through
              komprehensif lain                                           4,097,463     18,677,711                other comprehensive income
           Penerimaan dari penjualan aset tetap                               1,275            834             Proceeds from sale of fixed assets
           Pembayaran atas aset keuangan yang                                                                       Payments for financial assets
              diukur pada nilai wajar melalui                                                                        at fair value through other
              penghasilan komprehensif lain                          (19,486,696)      (14,242,327)                     comprehensive income
           Perolehan aset tetap                                                                                         Acquisition of fixed assets
             dan aset hak-guna                                            (189,108)      (146,907)                       and right-of-use assets
          Kas neto yang (digunakan untuk)/                                                                                      Net cash (used in)/
            diperoleh dari aktivitas investasi                       (15,577,066)        4,289,311             provided by investing activities




         Catatan terlampir merupakan bagian yang tidak terpisahkan dari                The accompanying notes form an integral part of these
         laporan keuangan secara keseluruhan                                                          financial statements taken as a whole

                                                                             5




LK_AR Bank MEGA 2024_INA.indd 16                                                                                                                       05/03/25 02.22
Page 389
               PT BANK MEGA TBK                                                                                 PT BANK MEGA TBK
               LAPORAN ARUS KAS (Lanjutan)                                                   STATEMENTS OF CASH FLOWS (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                    For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                     December 31, 2024 and 2023
               (Disajikan dalam jutaan Rupiah,                                                           (Expressed in millions Rupiah,
               kecuali dinyatakan lain)                                                                        unless otherwise stated)

                                                          Catatan/
                                                           Notes            2024                2023
                ARUS KAS DARI                                                                                                     CASH FLOWS FROM
                  AKTIVITAS PENDANAAN                                                                                       FINANCING ACTIVITIES
                 Penerimaan pinjaman yang diterima          22                2,487,600            1,909,228           Proceeds from fund borrowings
                 Pembayaran pinjaman yang diterima          22              (1,409,228)            (856,213)             Payments of fund borrowings
                 Pembayaran liabilitas sewa                                       (479)               (3,729)              Payment of lease liabilities
                 Pembayaran dividen tunai                   27              (2,457,420)          (2,836,818)              Payments of cash dividends
                Kas neto yang digunakan untuk                                                                                         Net cash used in
                  aktivitas pendanaan                                       (1,379,527)          (1,787,532)                     financing activities
                PENURUNAN NETO KAS                                                                                     NET DECREASE IN CASH AND
                 DAN SETARA KAS                                             (1,493,559)          (7,837,020)                 CASH EQUIVALENTS
                KAS DAN SETARA KAS                                                                                   CASH AND CASH EQUIVALENTS
                 AWAL TAHUN                                                     11,679,531       19,516,551           AT BEGINNING OF THE YEAR
                KAS DAN SETARA KAS                                                                                  CASH AND CASH EQUIVALENTS,
                 AKHIR TAHUN                                                    10,185,972       11,679,531            AT THE END OF THE YEAR

                Kas dan setara kas terdiri dari:                                                                   Cash and cash equivalents consist of:
                 Kas                                                              873,509           855,222                                      Cash
                                                                                                                                 Current account with
                  Giro pada Bank Indonesia                                       7,525,245        6,822,433                           Bank Indonesia
                  Giro pada bank lain                                              955,392          645,876         Current accounts with other banks
                  Penempatan pada Bank Indonesia
                     dan bank lain - jangka waktu jatuh                                                              Placements with Bank Indonesia
                     tempo 3 bulan atau kurang sejak                                                               and other banks - maturing within
                     tanggal perolehan                                             831,826        3,356,000         3 months since acquisition date
                Total kas dan setara kas                                        10,185,972       11,679,531           Total cash and cash equivalents




               Catatan terlampir merupakan bagian yang tidak terpisahkan dari                   The accompanying notes form an integral part of these
               laporan keuangan secara keseluruhan                                                             financial statements taken as a whole

                                                                                    6




LK_AR Bank MEGA 2024_INA.indd 17                                                                                                                       05/03/25 02.22
Page 390
         PT BANK MEGA TBK                                                                        PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
         Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                           December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                   (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                             Unless Otherwise Stated)

         1.      Umum                                                 1.     General

         1.a.    Pendirian Bank dan Informasi Umum                    1.a.   Establishment of the Bank and General
                                                                             Information
                 PT Bank Mega Tbk didirikan di negara                        PT Bank Mega Tbk was established in the
                 Republik Indonesia dengan nama PT Bank                      Republic of Indonesia under the business
                 Karman berdasarkan akta pendirian No. 32                    name of PT Bank Karman based on Notarial
                 tanggal 15 April 1969 yang kemudian diubah                  Deed No. 32 dated April 15, 1969 which was
                 dengan akta tanggal 26 November 1969 No.                    amended by Notarial Deed No. 47 dated
                 47, kedua akta tersebut dibuat di hadapan Mr.               November 26, 1969, both deeds were effected
                 Oe Siang Djie, notaris di Surabaya. Akta                    by Mr. Oe Siang Djie, notary in Surabaya. The
                 pendirian ini disahkan oleh Menteri Kehakiman               deed of establishment was approved by the
                 Republik Indonesia dalam Surat Keputusan                    Minister of Justice of the Republic of Indonesia
                 No. J.A 5/8/1 tanggal 16 Januari 1970 dan                   in its Decision Letter No. J.A 5/8/1 dated
                 telah diumumkan dalam Tambahan No. 55                       January 16, 1970 and was published in
                 pada Berita Negara Republik Indonesia No. 13.               Supplement No. 55 to the State Gazette of the
                 Anggaran dasar Bank telah mengalami                         Republic of Indonesia No. 13. The articles of
                 beberapa kali perubahan, perubahan terakhir                 association have been amended several times,
                 dilakukan dengan Akta Notaris Dharma                        with the latest amendment effected by Notarial
                 Akhyuzi, S.H., No. 17 tanggal 23 Maret 2022                 Deed No. 17 of Dharma Akhyuzi, S.H., dated
                 mengenai perubahan modal ditempatkan dan                    March 23, 2022, regarding changes in issued
                 disetor. Perubahan tersebut telah diterima dan              and paid-up capital. The amendment has been
                 dicatat oleh Menteri Hukum dan Hak Asasi                    accepted and recorded by the Minister of Law
                 Manusia Republik Indonesia dalam Surat                      and Human Rights of the Republic of
                 Keputusan       No.    AHU-AH.01.03-0195605                 Indonesia in Decree No. AHU-AH.01.03-
                 tanggal 23 Maret 2022. Perubahan ini juga                   0195605, dated March 23, 2022. This change
                 telah didaftarkan dalam Daftar Perseroan                    has also been registered in the Register of
                 dengan No. AHU-0057461.AH.01.11.Tahun                       Companies with No. AHU-0057461.AH.01.11
                 2022 tanggal 23 Maret 2022.                                 Year 2022, dated March 23, 2022.

                 Bank mulai beroperasi secara komersial sejak                The Bank started its commercial operations in
                 tahun 1969 di Surabaya. Pada tahun 1992                     1969 in Surabaya. In 1992, the Bank changed
                 nama Bank berubah menjadi PT Mega Bank                      its name to PT Mega Bank and on January 17,
                 dan pada tanggal 17 Januari 2000 berubah                    2000 was changed to PT Bank Mega Tbk.
                 menjadi PT Bank Mega Tbk.

                 PT Mega Corpora adalah entitas induk dari                   PT Mega Corpora is the parent entity of the
                 Bank. Entitas induk terakhir Bank adalah                    Bank. The ultimate holding entity of the Bank is
                 CT Corpora.                                                 CT Corpora.

                 Sesuai dengan Pasal 3 anggaran dasar Bank,                  According to Article 3 of the Bank’s articles of
                 ruang lingkup kegiatan usaha Bank adalah                    association, the Bank is engaged in general
                 menjalankan kegiatan umum perbankan. Bank                   banking activities. The Bank was granted with
                 memperoleh izin usaha sebagai bank umum                     the license to conduct general banking
                 berdasarkan    Surat    keputusan   Menteri                 activities based on the decision letter of the
                 Keuangan Republik Indonesia No. D.15.6.5.48                 Minister of Finance of the Republic of
                 tanggal 14 Agustus 1969. Pada tanggal                       Indonesia No. D.15.6.5.48 dated August 14,
                 2 Agustus 2000, Bank memperoleh izin untuk                  1969. On August 2, 2000, the Bank was
                 menyelenggarakan kegiatan usaha sebagai                     granted with the license to conduct custodian
                 wali amanat dari Badan Pengawas Pasar                       activities by the Capital Market and Financial
                 Modal - Lembaga Keuangan (“BAPEPAM-LK”).                    Institution Supervisory Agency ("BAPEPAM-
                 Bank juga memperoleh izin untuk menjalankan                 LK"). The Bank was also granted with the
                 aktivitas sebagai bank devisa berdasarkan                   license to conduct foreign exchange activities
                 surat keputusan Deputi Gubernur Senior Bank                 based on the decision letter of Senior Deputy
                 Indonesia No. 3/1/KEP/DGS/2001 tanggal                      Governor       of    Bank     Indonesia     No.
                 31 Januari 2001.                                            3/1/KEP/DGS/2001 dated January 31, 2001.



                                                                  7




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Page 391
               PT BANK MEGA TBK                                                                        PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                        (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                           December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                   (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                             Unless Otherwise Stated)

                        Kantor Pusat Bank berlokasi di Menara Bank                 The Bank’s Head Office is located at Menara
                        Mega, JI. Kapten Tendean 12-14A, Jakarta.                  Bank Mega, Jl. Kapten Tendean 12-14A,
                        Bank memiliki kantor sebagai berikut (tidak                Jakarta. The Bank has the following offices
                        diaudit):                                                  (unaudited):
                                                               2024                  2023
                        Kantor Wilayah                          8                      8                              Regional Offices
                        Kantor Fungsional                       2                      3                             Functional Offices
                        Kantor Cabang                          55                     55                                     Branches
                        Kantor Cabang Pembantu                 306                    312                               Sub-branches

                1.b.    Penawaran Umum Saham Bank dan                       1.b.   The Bank’s Public Offerings and Increase
                        Penambahannya                                              of Share Capital
                        Sesuai dengan Keputusan Rapat Umum                         Based on the decision of Extraordinary
                        Pemegang      Saham      Luar    Biasa  yang               General Meeting of Shareholders held on
                        diselenggarakan pada tanggal 17 Januari 2000               January 17, 2000, which was notarized under
                        yang diaktakan dengan Akta Notaris Imas                    Notarial Deed No. 9 of lmas Fatimah, S.H., the
                        Fatimah, S.H., No 9. Bank telah melakukan                  Bank conducted an initial public offering of its
                        penawaran umum saham perdana kepada                        112,500,000 shares with par value of Rp500
                        masyarakat sebanyak 112.500.000 saham                      (full amount) per share at offering price of
                        dengan nilai nominal Rp500 (nilai penuh) per               Rp1,200 (full amount) per share. On March 15,
                        saham dan harga penawaran Rp1.200 (nilai                   2000, in accordance with the letter from the
                        penuh) per saham. Pada tanggal 15 Maret                    chairman      of    BAPEPAM-LK          No.     S-
                        2000 sesuai dengan surat ketua BAPEPAM-LK                  493/PM/2000,      the     Bank’s      Registration
                        No. S-493/PM/2000, Pernyataan Pendaftaran                  Statement for the initial public offering became
                        Bank untuk menerbitkan saham kepada                        effective and on April 17, 2000, the shares
                        masyarakat di Indonesia menjadi efektif dan                were listed and traded in the Indonesia Stock
                        pada tanggal 17 April 2000 saham-saham yang                Exchange.
                        ditawarkan      tersebut      dicatat    dan
                        diperdagangkan di Bursa Efek Indonesia.

                        Sesuai dengan Keputusan Rapat Umum                         Based on the decision of Extraordinary
                        Pemegang       Saham      Luar   Biasa   yang              General Meeting of Shareholder held on
                        diselenggarakan pada tanggal 29 Maret 2001,                March 29, 2001, which was notarized under
                        yang diaktakan dengan Akta Notaris Imas                    Notarial Deed No. 21 of lmas Fatimah, S.H.,
                        Fatimah, S.H., No. 21, Bank telah membagikan               the Bank declared bonus shares of Rp69,526
                        saham bonus sebesar Rp69.526 dengan                        by issuing 139,052,000 bonus shares at par
                        menerbitkan sejumlah 139.052.000 saham                     value of Rp500 (full amount) per share which
                        bonus dengan nilai nominal Rp500 (nilai                    came from additional paid-in capital and
                        penuh) per saham yang berasal dari tambahan                declared stock dividends of Rp63,785 or
                        modal disetor - agio saham dan membagikan                  56,698,000 shares which came from retained
                        dividen saham sebesar Rp63.785 atau                        earnings using the closing price of the Bank’s
                        sejumlah 56.698.000 saham yang berasal dari                shares published by the Indonesian Stock
                        saldo laba dengan menggunakan harga                        Exchange on March 28, 2001, at Rp1,125 (full
                        penutupan saham Bank di Bursa Efek                         amount) per share. Accordingly, the issued
                        Indonesia tanggal 28 Maret 2001 yaitu sebesar              and fully paid-up capital of the Bank increased
                        Rp1.125 (nilai penuh) per saham. Dengan                    to Rp379,125 which represent 758,250,000
                        demikian, modal saham ditempatkan dan                      shares.
                        disetor penuh meningkat menjadi Rp379.125
                        yang terdiri dari 758.250.000 saham.

                        Sesuai dengan Keputusan Rapat Umum                         Based on the Decision of Extraordinary
                        Pemegang      Saham    Luar    Biasa   yang                General Meeting of Shareholders held on
                        diselenggarakan pada tanggal 22 Mei 2002                   May 22, 2002, which was notarized under
                        yang diaktakan dengan Akta Notaris Imas                    Notarial Deed No. 33 of Imas Fatimah, S.H.,
                        Fatimah, S.H., No. 33, Bank telah melakukan                the Bank offered Limited Public Offering I with
                        Penawaran Umum Terbatas I dengan Hak                       Pre-emptive Rights of 181,980,000 shares at

                                                                        8




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Page 392
         PT BANK MEGA TBK                                                                PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                   For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                   December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                           (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                     Unless Otherwise Stated)

                 Memesan Efek Terlebih Dahulu seluruhnya             par value of Rp500 (full amount) per share at
                 181.980.000 saham dengan nilai nominal              offering price of Rp1,100 (full amount) per
                 Rp500 (nilai penuh) per saham dan harga             share.
                 penawaran sebesar Rp1.100 (nilai penuh) per
                 saham.

                 Dengan Penawaran Umum Terbatas ini, modal           With this Limited Public Offering, the issued
                 saham ditempatkan dan disetor penuh menjadi         and fully paid-up share capital of the Bank
                 sebesar      Rp470.115    yang   terdiri dari       became Rp470,115 representing 940,230,000
                 940.230.000 saham. Penawaran Umum                   shares. The Limited Public Offering I with Pre-
                 Terbatas I dengan Hak Memesan Efek Terlebih         emptive Rights became effective through the
                 Dahulu tersebut telah memperoleh pernyataan         chairman of BAPEPAM-LK’s letter No. S-
                 efektif dari ketua BAPEPAM-LK pada tanggal          1023/PM/2002 dated May 20, 2002.
                 20 Mei 2002 melalui surat No.S-1023/PM/2002.

                 Sesuai dengan Keputusan Rapat Umum                  Based on the Decision of Extraordinary
                 Pemegang       Saham      Luar    Biasa yang        General Meeting of Shareholders held on
                 diselenggarakan pada tanggal 10 Maret 2005          March 10, 2005, which was notarized under
                 yang diaktakan dengan Akta Notaris Imas             Notarial Deed No. 22 of Imas Fatimah, S.H.,
                 Fatimah, S.H., No. 22, Bank telah membagikan        the Bank declared bonus shares of Rp141,034
                 saham bonus sebesar Rp141.034 dengan                by issuing 282,068,998 bonus shares at par
                 menerbitkan sejumlah 282.068.998 saham              value of Rp500 (full amount) per share, which
                 bonus dengan nilai nominal Rp500 (nilai             came from additional paid-in capital and
                 penuh) per saham yang berasal dari tambahan         declared stock dividends of Rp477,260
                 modal disetor - agio saham dan membagikan           representing 203,089,644 shares, which came
                 dividen saham sebesar Rp477.260 atau                from retained earnings using the closing price
                 sejumlah 203.089.644 saham yang berasal dari        published by the Indonesian Stock Exchange
                 saldo laba dengan menggunakan harga                 on March 9, 2005, at Rp2,350 (full amount) per
                 penutupan saham Bank di Bursa Efek                  share. Accordingly, the issued and fully paid-in
                 Indonesia tanggal 9 Maret 2005 yaitu sebesar        share capital increased to Rp712,694 which
                 Rp2.350 (nilai penuh) per saham. Dengan             represent 1,425,388,642 shares.
                 demikian, modal saham ditempatkan dan
                 disetor penuh meningkat menjadi Rp712.694
                 yang terdiri dari 1.425.388.642 saham.

                 Sesuai dengan Keputusan Rapat Umum                  Based on the Decision of Extraordinary
                 Pemegang       Saham      Luar    Biasa yang        General Meeting of Shareholders held on
                 diselenggarakan pada tanggal 24 Maret 2006          March 24, 2006, as notarized under Notarial
                 yang diaktakan dengan Akta Notaris Imas             Deed No. 98 of Imas Fatimah, S.H., it is
                 Fatimah, S.H., No. 98, disetujui untuk              resolved to offer Limited Public Offering Il with
                 melakukan Penawaran Umum Terbatas II                Pre-emptive Rights representing 200,054,546
                 dengan Hak Memesan Efek Terlebih dahulu             shares at par value of Rp500 (full amount) per
                 sejumlah 200.054.546 saham dengan nilai             share at offering price of Rp2,500 (full amount)
                 nominal Rp500 (nilai penuh) per saham dengan        per share. With this Limited Public Offering II,
                 harga penawaran sebesar Rp2.500 (nilai              the issued and fully paid-in share capital of the
                 penuh) per saham. Dengan Penerbitan Umum            Bank became Rp812,722 which represent
                 Terbatas II ini, modal saham ditempatkan dan        1,625,443,188 shares.
                 disetor penuh menjadi sebesar Rp812.722
                 yang terdiri dari 1.625.443.188 saham.

                 Keputusan Rapat Umum Pemegang Saham                 The decision of Annual General Meeting of
                 Tahunan yang diselenggarakan pada tanggal           Shareholders held on May 20, 2009 as
                 20 Mei 2009 yang diaktakan dengan Akta              notarized under Notarial Deed No. 49 on the
                 Notaris Imas Fatimah, S.H., No. 49 pada             same date by lmas Fatimah, S.H., declared
                 tanggal yang sama, menyetujui pembagian             bonus shares at a maximum of 1,555,781,337
                 saham       bonus     sebanyak-banyaknya            shares which came from additional paid-in
                 1.555.781.337 saham yang berasal dari               capital amounted to Rp777,890 which was

                                                                 9




LK_AR Bank MEGA 2024_INA.indd 20                                                                                         05/03/25 02.22
Page 393
               PT BANK MEGA TBK                                                                     PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                     (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                        December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                          Unless Otherwise Stated)

                        kapitalisasi agio saham sebesar Rp777.890               distributed proportionaly to the listed
                        yang dibagikan kepada para pemegang saham               shareholders (Recording Date) with a ratio of
                        secara proporsional dengan ketentuan saham              67 new shares with par value of Rp500 (full
                        bonus akan dibagikan kepada pemegang                    amount) per share for every 70 shares owned
                        saham yang tercatat pada daftar pemegang                by each shareholder, provided that any
                        saham yang berhak (Recording Date) dengan               remaining fractional shares due to the division
                        rasio setiap pemegang 70 saham berhak                   based on the ratio are returned to the Bank.
                        mendapatkan 67 saham baru dengan harga                  With the declaration of these bonus shares, the
                        sebesar nilai nominal yaitu Rp500 (nilai penuh)         issued and fully paid-in share capital of the
                        setiap saham dengan ketentuan apabila                   Bank became Rp1,590,612 which represent
                        terdapat    sisa   pecahan     saham      akibat        3,181,224,188 shares.
                        pembagian berdasarkan rasio tersebut maka
                        sisa pecahan tersebut dikembalikan kepada
                        Bank. Dengan pembagian saham bonus ini,
                        modal saham ditempatkan dan disetor penuh
                        menjadi sebesar Rp1.590.612 yang terdiri dari
                        3.181.224.188 saham.
                        Pendaftaran Umum Terbatas II dengan Hak                 The Limited Public Offering II with Pre-emptive
                        Memesan Efek Terlebih Dahulu tersebut telah             Rights became effective through the chairman
                        memperoleh pernyataan efektif dari ketua                of BAPEPAM-LK letter No. S-702/PM/2006
                        BAPEPAM-LK pada tanggal 23 Maret 2006                   dated March 23, 2006. According to the
                        melaIui surat No. S-702/PM/2006. Sehubungan             decision of Extraordinary General Meeting of
                        dengan hasil keputusan Rapat Umum                       Shareholders held on June 5, 2008, which was
                        Pemegang Saham Luar Biasa pada tanggal                  notarized under Notarial Deed No. 03 on the
                        5 Juni 2008, sebagaimana dinyatakan dalam               same date by Imas Fatimah, S.H., the
                        Akta Notaris Imas Fatimah, S.H., No. 03 pada            shareholders approved, among others, the
                        tanggal yang sama, pemegang saham Bank                  increase of the Banks authorized share capital
                        telah menyetujui antara lain peningkatan modal          from Rp900,000 representing 1,800,000,000
                        dasar Bank dari Rp900.000 terdiri dari                  shares     to     Rp3,200,000      representing
                        1.800.000.000 saham menjadi Rp3.200.000                 6,400,000,000 shares. The amendment of the
                        terdiri dari 6.400.000.000 saham. Perubahan             Banks articles of association was received and
                        anggaran dasar tersebut telah diterima dan              registered by the Minister of Law and Human
                        dicatat oleh Menteri Hukum dan Hak Asasi                Right of the Republic of Indonesia in its
                        Manusia Republik Indonesia dalam Surat                  Decision Letter No. AHU-45346.AH.01.02 Year
                        Keputusan No. AHU-45346.AH.01.02 tanggal                2008 dated July 28, 2008. This amendment
                        28 Juli 2008. Perubahan ini juga telah                  was also registered under the Corporate
                        didaftarkan dalam Daftar Perusahaan dengan              Registration       under        No.       AHU-
                        No. AHU-0064063.AH.01.09 tanggal 28 Juli                0064063.AH.01.09 Year 2008 dated July 28,
                        2008.                                                   2008.
                        Keputusan Rapat Umum Pemegang Saham                     The decision of Annual General Meeting of
                        Tahunan yang diselenggarakan pada tanggal               Shareholders held on May 12, 2011 as
                        12 Mei 2011 yang diaktakan dengan Akta                  notarized under Notarial Deed No. 02 on the
                        Notaris Dharma Akhyuzi, S.H., No. 02 pada               same date by Dharma Akhyuzi, S.H., declared
                        tanggal yang sama, menyetujui pembagian                 the issuance of 464,731,862 stock dividends
                        dividen saham sebanyak 464.731.862 saham                which came from retained earnings at an
                        yang berasal dari saldo laba maksimum                   amount not to exceed Rp1,603,325 with par
                        sebesar Rp1.603.325 dengan harga sebesar                value of Rp500 (full amount) per share,
                        nilai nominal yaitu Rp500 (nilai penuh) setiap          provided that any remaining fractional shares
                        saham, dengan ketentuan apabila terdapat sisa           are returned to the Bank. With the declaration
                        pecahan saham akibat pembagian berdasarkan              of these stock dividends, the issued and fully
                        rasio tersebut maka sisa pecahan tersebut               paid-in share capital of the Bank became
                        dikembalikan      kepada    Bank.     Dengan            Rp1,822,978 which represent 3,645,956,050
                        pembagian dividen saham ini, modal saham                shares.
                        ditempatkan dan disetor penuh menjadi
                        sebesar Rp1.822.978 yang terdiri dari
                        3.645.956.050 saham.

                                                                           10




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Page 394
         PT BANK MEGA TBK                                                                  PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                  (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                     For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                     December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                             (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                       Unless Otherwise Stated)

                 Keputusan Rapat Umum Pemegang Saham                   The decision of Annual General Meeting of
                 Tahunan yang diselenggarakan pada tanggal             Shareholders held on April 17, 2013, as
                 17 April 2013 yang diaktakan dengan Akta              notarized under Notarial Deed No. 08 on the
                 Notaris Dharma Akhyuzi, S.H., No. 08 pada             same date by Dharma Akhyuzi, S.H., declared
                 tanggal yang sama, menyetujui pembagian               the issuance of 167,713,978 stock dividends
                 dividen saham sebanyak 167.713.978 saham              which came from retained earnings at an
                 yang berasal dari saldo laba maksimum                 amount not to exceed Rp684,568 with par
                 sebesar Rp684.568 dengan harga sebesar nilai          value of Rp500 (full amount) per share,
                 nominal yaitu Rp500 (nilai penuh) setiap              provided that any remaining fractional shares
                 saham, dengan ketentuan apabila terdapat sisa         are returned to the Bank.
                 pecahan saham akibat pembagian berdasarkan
                 rasio tersebut maka sisa pecahan tersebut
                 dikembalikan kepada Bank.

                 Sesuai dengan Keputusan Rapat Umum                    Based on the Decision of Extraordinary
                 Pemegang         Saham     Luar   Biasa   yang        General Meeting of Shareholders held on
                 diselenggarakan pada tanggal 17 April 2013,           April 17, 2013 as notarized under notarial deed
                 yang diaktakan dengan Akta Notaris Dharma             No. 09 on the same date by Dharma Akhyuzi,
                 Akhyuzi, S.H., No. 09 pada tanggal yang sama,         S.H., the Bank declared bonus shares at a
                 Bank telah membagikan saham bonus                     maximum of 2,741,758,949 shares which
                 maksimum sebanyak 2.741.758.949 saham                 came from additional paid-in capital maximum
                 yang berasal dari tambahan modal disetor              amounted to Rp1,370,959 which was
                 maksimum         sebesar    Rp1.370.959   yang        distributed proportionaly to the shareholders
                 dibagikan kepada para pemegang saham                  with a ratio of 376 bonus shares with par value
                 secara proporsional dengan rasio pembagian            of Rp500 (full amount) per share for every 500
                 setiap pemegang 500 saham memperoleh 376              shares owned by each shareholder, and
                 saham bonus dengan harga sebesar nilai                declared stock dividends at a maximum of
                 nominal yaitu Rp500 (nilai penuh) per saham           408,347,077 stock dividends which came from
                 dan membagikan dividen saham maksimum                 retained earnings with a ratio for every 500
                 sebanyak 408.347.077 dividen saham yang               shares owned by each shareholder received
                 berasal dari saldo laba dengan rasio                  56 shares which was distributed proportionally
                 pembagian setiap pemegang 500 saham                   at an amount not to exceed Rp1,664,849 using
                 memperoleh 56 saham yang dibagikan secara             the closing price of the Bank’s shares
                 proporsional maksimum sebesar Rp1.664.849             published by the Indonesia Stock Exchange on
                 dengan menggunakan harga penutupan saham              April 16, 2013 at Rp4,050 (full amount) per
                 Bank di Bursa Efek Indonesia tanggal 16 April         share, provided that any remaining fractional
                 2013 yaitu sebesar Rp4.050 (nilai penuh) per          shares are returned to the Bank. With the
                 saham, dengan ketentuan apabila terdapat sisa         declaration of these bonus shares and stock
                 pecahan saham akibat pembagian berdasarkan            dividends, the issued and fully paid-in share
                 rasio tersebut maka sisa pecahan tersebut             capital of the Bank became Rp3,481,888 which
                 dikembalikan        kepada     Bank.    Dengan        represent 6,963,775,206 shares.
                 pembagian saham bonus dan dividen saham
                 ini, modal saham ditempatkan dan disetor
                 penuh menjadi sebesar Rp3.481.888 yang
                 terdiri dari 6.963.775.206 saham.

                 Sesuai dengan Keputusan Rapat Umum                    Based on the Decision of the Annual General
                 Pemegang       Saham       Tahunan      yang          Meeting of Shareholders held on February 25,
                 diselenggarakan pada tanggal 25 Februari              2022, which was notarized under Notarial
                 2022, yang diaktakan dengan akta notaris              Deed No. 09 of Dharma Akhyuzi, S.H., on the
                 Dharma Akhyuzi, S.H., No. 09 pada tanggal             same date, the Bank declared bonus shares of
                 yang sama, Bank telah membagikan saham                Rp2,043,868 by issuing 4,087,736,045 bonus
                 bonus sebanyak 4.087.736.045 saham pada               shares at par value of Rp500 (full amount) per
                 harga sebesar nilai nominal yaitu Rp500 (nilai        share, which came from the additional paid-up
                 penuh) setiap saham, yang berasal dari                capital which were distributed to shareholders
                 tambahan modal disetor sebesar Rp2.043.868            in proportion to the distribution ratio for each
                 yang dibagikan kepada para pemegang saham             holder of 1,000 shares receiving 587 bonus

                                                                  11




LK_AR Bank MEGA 2024_INA.indd 22                                                                                          05/03/25 02.22
Page 395
               PT BANK MEGA TBK                                                                                      PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                      (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                         For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                         December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                 (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                           Unless Otherwise Stated)

                        secara proporsional dengan rasio pembagian                              shares and declared stock dividends of
                        setiap pemegang 1.000 saham memperoleh                                  689,413,745 shares which came from the
                        587 saham bonus dengan harga sebesar nilai                              retained earnings with a distribution ratio for
                        nominal yaitu Rp500 (nilai penuh) per saham                             each holder of 1,000 shares obtaining 99
                        dan membagikan dividen saham sebanyak                                   shares distributed proportionally in the amount
                        689.413.745 saham yang berasal dari                                     of Rp6,687,304 using the closing price of the
                        kapitalisasi saldo laba dengan rasio pembagian                          Bank's shares on the Indonesia Stock
                        setiap pemegang 1.000 saham memperoleh 99                               Exchange dated March 11, 2022, at Rp9,700
                        saham yang dibagikan secara proporsional                                (full amount) per share, provided that any
                        sebesar Rp6.687.304 dengan menggunakan                                  remaining fractional shares are returned to the
                        harga penutupan saham Bank di Bursa Efek                                Bank. With the declaration of these bonus
                        Indonesia tanggal 11 Maret 2022 yaitu Rp9.700                           shares and stock dividends, the issued and
                        (nilai penuh) per saham, dengan ketentuan                               fully paid-in share capital of the Bank became
                        apabila terdapat sisa pecahan saham akibat                              Rp5,870,462 which represent 11,740,923,365
                        pembagian berdasarkan rasio tersebut maka                               shares.
                        sisa pecahan tersebut dikembalikan kepada
                        Bank. Dengan pembagian saham bonus dan
                        dividen saham ini, modal saham ditempatkan
                        dan     disetor    penuh    menjadi    sebesar
                        Rp5.870.462 yang terdiri dari 11.740.923.365
                        saham.

                1.c.    Dewan Komisaris, Direksi, Komite Audit dan                     1.c.     Boards of Commissioners, Directors, Audit
                        Karyawan                                                                Committee and Employees
                        Susunan Dewan Komisaris dan Direksi Bank                                The composition of the Bank’s Boards of
                        pada tanggal 31 Desember 2024 dan 2023,                                 Commissioners   and    Directors    as     of
                        adalah sebagai berikut:                                                 December 31, 2024 and 2023 are as follows:

                                                                      2024                           2023
                        Dewan Komisaris:                                                                                     Board of Commisioners:
                         Komisaris Utama                        Chairul Tanjung              Chairul Tanjung                 President Commissioner
                         Wakil Komisaris Utama                         --                   Yungky Setiawan*)         Deputy President Commissioner
                         Komisaris Independen                 Achjadi Ranuwisastra         Achjadi Ranuwisastra           Independent Commissioner
                         Komisaris Independen                Lambock V Nahattands         Lambock V Nahattands            Independent Commissioner
                         Komisaris Independen                      Hizbullah                    Hizbullah                 Independent Commissioner

                        Direksi:                                                                                                   Board of Directors:
                          Direktur Utama                        Kostaman Thayib                Kostaman Thayib                      President Director
                          Wakil Direktur Utama                    Indivara Erni                  Indivara Erni              Deputy President Director
                          Wakil Direktur Utama                  Lay Diza Larentie              Lay Diza Larentie            Deputy President Director
                          Direktur Kredit                       Madi D Lazuardi                Madi D Lazuardi                          Loan Director
                          Direktur Treasuri dan                                                                             Treasury and International
                            International Banking               Martin Mulwanto                 Martin Mulwanto                    Banking Director
                          Direktur Kepatuhan dan                                                                       Compliance and Human Capital
                            Sumber Daya Manusia                  Yuni Lastianto                  Yuni Lastianto                             Director
                          Direktur Operasi                    C Guntur Triyudianto            C Guntur Triyudianto                Operational Director
                          Direktur Teknologi Informasi          Y. B Hariantono                 Y. B Hariantono       Information Technology Director

                        *) Pengunduran diri Yungky Setiawan sebagai Wakil                       *) The resignation of Mr. Yungky Setiawan from his
                           Komisaris Utama telah disetujui melalui Akta Notaris                    position as Vice President Commissioner has been
                           Dharma Akhyuzi, S.H. No.02 tanggal 4 Maret 2024                         formally approved pursuant to Notarial Deed No. 02
                           mengenai Pernyataan Keputusan Rapat.                                    dated March 4, 2024, by Dharma Akhyuzi, S.H.,
                                                                                                   regarding the Statement of Meeting Resolutions.

                        Susunan Komite Audit Bank pada tanggal                                  The composition of the Bank’s Audit
                        31 Desember 2024 dan 2023 adalah sebagai                                Committee as of December 31, 2024 and 2023
                        berikut:                                                                is as follows:




                                                                                  12




LK_AR Bank MEGA 2024_INA.indd 23                                                                                                                     05/03/25 02.22
Page 396
         PT BANK MEGA TBK                                                                         PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                         (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                            For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                            December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                    (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                              Unless Otherwise Stated)

                                                      2024                        2023
                  Ketua                              Hizbullah                   Hizbullah                          Chairman
                  Anggota                          Purwo Junianto              Purwo Junianto                        Member
                  Anggota                      Ivan Purnama Sanoesi        Ivan Purnama Sanoesi                      Member


                 Pembentukan Komite Audit Bank telah                         The establishment of Bank’s Audit Committee
                 dilakukan sesuai dengan Peraturan Otoritas                  has complied with Financial Services Authority
                 Jasa Keuangan No. 55/POJK.04/2015 tanggal                   Regulation No. 55/POJK.04/2015 dated
                 29 Desember 2015.                                           December 29, 2015.

                 Dewan Komisaris dan Direksi pada tanggal                    The Boards of Commissioners and Directors
                 31 Desember 2024 ditentukan berdasarkan                     as of December 31, 2024 were appointed
                 Rapat Umum Pemegang Saham Tahunan                           based on the decision of Annual General
                 pada tanggal 1 Maret 2024, yang berita                      Meeting of Shareholders held on March 1,
                 acaranya telah diaktakan dengan akta notaris                2024, the minutes of which were notarized
                 No. 01, Dharma Akhyuzi, S.H., pada tanggal                  through Notarial Deed No. 01 of Dharma
                 yang sama.                                                  Akhyuzi, S.H., on the same date.

                 Dewan Komisaris dan Direksi pada tanggal                    The Boards of Commissioners and Directors
                 31 Desember 2023 ditentukan berdasarkan                     as of December 31, 2023 were appointed
                 Rapat Umum Pemegang Saham Tahunan                           based on the decision of Annual General
                 pada tanggal 24 Februari 2023, yang berita                  Meeting of Shareholders held on February 24,
                 acaranya telah diaktakan dengan akta notaris                2023, the minutes of which were notarized
                 No. 07, Dharma Akhyuzi, S.H., pada tanggal                  through Notarial Deed No. 07 of Dharma
                 yang sama.                                                  Akhyuzi, S.H., on the same date.

                 Pada tanggal 31 Desember 2024 dan 2023,                     As of December 31, 2024 and 2023, the Bank
                 Bank memiliki karyawan tetap masing-masing                  has 4,271 and 4,572 permanent employees
                 4.271 dan 4.572 orang (tidak diaudit).                      (unaudited), respectively.


         2.      Ikhtisar Kebijakan Akuntansi yang Material           2.     Summary of Material Accounting Policies

                 Kebijakan akuntansi utama yang diterapkan                   The principal accounting policies adopted in
                 dalam penyusunan laporan keuangan Bank                      preparing the financial statements of the Bank
                 adalah seperti dijabarkan di bawah ini:                     are set out below:

                 Pernyataan Kepatuhan                                        Statement of Compliance
                 Laporan keuangan Bank telah disusun dan                     The Bank’s financial statements were prepared
                 disajikan sesuai dengan Standar Akuntansi                   and presented in accordance with Indonesian
                 Keuangan di Indonesia yang meliputi                         Financial Accounting Standards which include
                 Pernyataan Standar Akuntansi Keuangan                       the Statement of Financial Accounting
                 (PSAK) dan Interpretasi Standar Akuntansi                   Standards (PSAK) and Interpretation of
                 Keuangan (ISAK) yang diterbitkan oleh Dewan                 Financial Accounting Standards (ISAK) issued
                 Standar Akuntansi Keuangan–Ikatan Akuntan                   by the Financial Accounting Standard
                 Indonesia (DSAK–IAI), serta peraturan Pasar                 Board–Indonesian Institute of Accountant
                 Modal yang berlaku antara lain Peraturan                    (DSAK–IAI), and regulations in the Capital
                 Otoritas Jasa Keuangan/Badan Pengawas                       Market include Regulations of Financial
                 Pasar Modal dan Lembaga Keuangan                            Sevices     Authority/Capital    Market    and
                 (OJK/Bapepam-LK) No. VIII.G.7 tentang                       Supervisory Board and Financial Institution
                 pedoman     penyajian    laporan   keuangan,                (OJK/Bapepam-LK) No. VIII.G.7 regarding
                 keputusan          Ketua         Bapepam-LK                 guidelines for the presentation of financial
                 No. KEP-347/BL/2012 tentang penyajian dan                   statements, decree of Chairman of Bapepam-
                 pengungkapan laporan keuangan emiten atau                   LK      No.    KEP-347/BL/2012        regarding
                 perusahaan publik.                                          presentation and disclosure of financial
                                                                             statements of the issuer or public company.


                                                                13




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Page 397
               PT BANK MEGA TBK                                                                          PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                          (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                             For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                             December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                     (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                               Unless Otherwise Stated)

                2.a. Dasar penyusunan laporan keuangan                         2.a. Basis for preparation of the financial
                                                                                    statements
                        Laporan keuangan disusun berdasarkan harga                  The financial statements have been prepared
                        perolehan, kecuali untuk aset keuangan yang                 under the historical cost principle except for
                        diukur pada nilai wajar melalui penghasilan                 financial assets at fair value through
                        komprehensif lain dan aset dan liabilitas                   comprehensive income, financial assets and
                        keuangan yang diukur pada nilai wajar melalui               liabilities measured at fair value through profit
                        laba rugi dan seluruh instrumen derivatif yang              and loss and all of the derivative instruments
                        diukur berdasarkan nilai wajar dan aset tanah               measured at fair value and land and building
                        dan gedung yang diukur pada nilai wajar sejak               assets measured at fair value since
                        31 Desember 2015. Laporan keuangan disusun                  December 31, 2015. The financial statements
                        berdasarkan prinsip akuntansi berbasis akrual,              have been prepared based on accrual
                        kecuali laporan arus kas.                                   principle, excluding the statement of cash
                                                                                    flows.

                        Laporan      arus     kas   disusun   dengan                The statements of cash flows were prepared
                        menggunakan metode langsung dengan                          based on the direct method with cash flows
                        mengelompokkan arus kas dalam aktivitas                     classified into cash flows from operating,
                        operasi, investasi dan pendanaan. Untuk tujuan              investing and financing activities. For the
                        laporan arus kas, kas dan setara kas                        purpose of the statements of cash flows, cash
                        mencakup kas, giro pada Bank Indonesia dan                  and cash equivalents include cash, current
                        giro pada bank lain, penempatan pada Bank                   accounts with Bank Indonesia and other
                        Indonesia dan bank lain, Sertifikat Bank                    banks, placements with Bank Indonesia and
                        Indonesia dan Sertifikat Deposito Bank                      other banks, Certificates of Bank Indonesia
                        Indonesia yang jatuh tempo dalam 3 (tiga)                   and Deposits Certificates of Bank Indonesia
                        bulan sejak tanggal perolehan, sepanjang tidak              maturing within 3 (three) months or less from
                        digunakan sebagai jaminan untuk pinjaman                    the acquisition date as long as they are not
                        serta tidak dibatasi penggunaannya.                         being pledged as collateral for borrowing nor
                                                                                    restricted.

                        Pos-pos dalam penghasilan komprehensif                      The items under other comprehensive income
                        lainnya disajikan terpisah antara akun-akun                 are presented separately between items to be
                        yang akan direklasifikasikan ke laba rugi dan               reclassified to profit or loss and those items not
                        akun-akun yang tidak akan direklasifikasikan ke             to be reclassified to profit or loss.
                        laba rugi.

                        Dalam penyusunan laporan keuangan sesuai                    The preparation of financial statements in
                        dengan Standar Akuntansi Keuangan di                        conformity      with   Financial   Accounting
                        Indonesia, dibutuhkan estimasi dan asumsi                   Standards in Indonesia requires the use of
                        yang mempengaruhi:                                          estimates and assumptions that affect:
                        • Nilai aset dan liabilitas dilaporkan, dan                 • The reported amounts of assets and
                           pengungkapan atas aset dan liabilitas                       liabilities and disclosure of contingent
                           kontinjensi pada tanggal laporan keuangan,                  assets and liabilities at the date of the
                                                                                       financial statements,
                        • Jumlah pendapatan dan beban selama                        • The reported amounts of revenues and
                          periode pelaporan.                                           expenses during the reporting period.

                        Walaupun estimasi ini dibuat berdasarkan                    Although these estimates are based on
                        pengetahuan terbaik manajemen atas kejadian                 management’s best knowledge of current
                        dan tindakan saat ini, hasil yang timbul                    events and activities, actual results may differ
                        mungkin berbeda dengan jumlah yang                          from those estimates.
                        diestimasi semula.




                                                                          14




LK_AR Bank MEGA 2024_INA.indd 25                                                                                                     05/03/25 02.22
Page 398
         PT BANK MEGA TBK                                                                      PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                      (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                         December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                 (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                           Unless Otherwise Stated)

                 Estimasi-estimasi dan asumsi-asumsi yang                  Estimates and underlying assumptions are
                 digunakan ditelaah secara berkesinambungan.               reviewed on an ongoing basis. Revisions to
                 Revisi atas estimasi akuntansi diakui pada                accounting estimates are recognized in the
                 periode dimana estimasi tersebut direvisi dan             period in which the estimate is revised and in
                 periode yang akan datang yang dipengaruhi                 any future periods affected.
                 oleh revisi estimasi tersebut.

                 Secara khusus, informasi mengenai hal-hal                 In particular, information about significant
                 penting yang terkait dengan ketidakpastian                areas of estimation uncertainty and critical
                 estimasi    dan     pertimbangan-pertimbangan             judgments in applying accounting policies that
                 penting dalam penerapan kebijakan akuntansi               have material effect on the amount recognized
                 yang memiliki dampak yang material terhadap               in the financial statements are described in
                 jumlah yang diakui dalam laporan keuangan                 Note 3.
                 dijelaskan di Catatan 3.

                 Mata uang penyajian yang digunakan pada                   The presentation currency used in the financial
                 laporan keuangan adalah Rupiah, yang                      statements is Indonesian Rupiah, which is the
                 merupakan mata uang fungsional Bank.                      functional currency of the Bank.

                 Seluruh angka dalam laporan keuangan ini,                 Figures in the financial statements are rounded
                 kecuali dinyatakan lain, dibulatkan menjadi               to and stated in millions of Rupiah unless
                 jutaan Rupiah.                                            otherwise stated.

                 Bank telah menyusun laporan keuangan                      The Bank has prepared the financial
                 dengan dasar bahwa Bank akan terus                        statements on the basis that it will continue to
                 mempertahankan kelangsungan usaha.                        operate as going concern.

          2.b. Transaksi dan saldo dalam mata uang asing              2.b. Transactions and balances in foreign
                                                                           currency
                 Transaksi dalam mata uang asing dicatat                   Transactions in foreign currencies are
                 dalam Rupiah berdasarkan kurs yang berlaku                recorded in Rupiah based on the rates
                 pada saat transaksi dilakukan. Pada tanggal               prevailing at the transaction dates. On the
                 pelaporan, aset dan liabilitas moneter dalam              reporting date, monetary assets and liabilities
                 mata uang asing dijabarkan ke dalam Rupiah                denominated in foreign currencies are
                 berdasarkan kurs tengah Reuters pukul 16.00               converted into Rupiah based on the Reuters’
                 WIB. Laba atau rugi selisih kurs yang terjadi             middle rate at 16.00 Western Indonesian Time.
                 dikreditkan atau dibebankan pada laba rugi                Exchange gains or losses from foreign
                 tahun yang bersangkutan.                                  exchange transactions are credited or charged
                                                                           to the current year profit or loss.

                 Kurs mata uang asing utama yang digunakan                 The major exchange rates used to translate
                 untuk menjabarkan mata uang asing ke dalam                foreign currencies into Rupiah were as follows
                 Rupiah adalah sebagai berikut (nilai penuh):              (full amount):

                                                        2024                  2023
                  1 Poundsterling Inggris                      20,219                19,627        1 Great Britain Poundsterling
                  1 Franc Swiss                                17,815                18,299                       1 Swiss Franc
                  1 Euro Eropa                                 16,758                17,038                    1 European Euro
                  1 Dolar Amerika Serikat                      16,095                15,397              1 United States Dollar
                  1 Dolar Singapura                            11,845                11,676                  1 Singapore Dollar
                  1 Dolar Australia                            10,014                10,521                  1 Australian Dollar
                  1 Dolar Selandia Baru                         9,068                 9,766               1 New Zealand Dollar
                  1 Yuan China                                  2,205                 2,170                     1 Chinese Yuan
                  1 Dolar Hong Kong                             2,073                 1,971                 1 Hong Kong Dollar
                  1 Yen Jepang                                    103                   109                     1 Japanese Yen




                                                                 15




LK_AR Bank MEGA 2024_INA.indd 26                                                                                                   05/03/25 02.22
Page 399
               PT BANK MEGA TBK                                                                           PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                           (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                              For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                              December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                      (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                Unless Otherwise Stated)

                2.c. Informasi segmen                                           2.c. Segment information
                     Segmen operasi adalah komponen dari Bank                        An operating segment is a component of the
                     yang terlibat dalam aktivitas bisnis yang                       Bank that engages in business activities from
                     menghasilkan pendapatan dan menimbulkan                         which it may earn revenues and incur
                     beban, termasuk pendapatan dan beban yang                       expenses, including revenues and expenses
                     terkait dengan transaksi dengan komponen lain                   that relate to transactions with any of the
                     Bank, dimana hasil operasinya dikaji ulang                      Bank’s other components, whose operating
                     secara berkala oleh pengambil keputusan                         results are reviewed regularly by the Bank’s
                     utama dalam operasional Bank untuk membuat                      chief operating decision maker to make
                     keputusan mengenai sumber daya yang akan                        decision about resources allocated to the
                     dialokasikan pada segmen tersebut dan menilai                   segment and assess its performance, and for
                     kinerjanya, serta tersedia informasi keuangan                   which discrete financial information is
                     yang dapat dipisahkan. Hasil segmen yang                        available. Segment results that are reported to
                     dilaporkan kepada pengambil keputusan                           the Bank’s chief operating decision maker
                     operasional     Bank     meliputi   komponen-                   include items directly attributable to a segment,
                     komponen yang dapat diatribusikan secara                        as well as those that can be allocated on a
                     langsung kepada suatu segmen, dan                               reasonable basis.
                     komponen-komponen yang dapat dialokasikan
                     dengan dasar yang wajar.

                2.d. Transaksi dengan pihak berelasi                            2.d. Transactions with related parties
                     Dalam      menjalankan       usahanya,     Bank                 In the normal course of its business, the Bank
                     melakukan transaksi dengan pihak-pihak                          enters into transactions with related parties
                     berelasi seperti yang didefinisikan dalam PSAK                  which are defined under PSAK 224 regarding
                     No. 224 tentang “Pengungkapan Pihak-pihak                       “Related Party Disclosures”.
                     Berelasi”.

                        Pihak berelasi adalah orang atau entitas yang                A related party is a person or an entity that is
                        terkait dengan entitas pelapor:                              related to the reporting entity:
                        a. Orang atau anggota keluarga dekatnya                      a. A person or a close member of that
                           mempunyai relasi dengan entitas pelapor                       person’s family is related to a reporting
                           jika orang tersebut:                                          entity if that person:
                            i.   Memiliki       pengendalian        atau                  i. Has control or joint control over the
                                 pengendalian bersama atas entitas                             reporting entity;
                                 pelapor;
                            ii. Memiliki pengaruh signifikan atas                         ii. Has significant influence over the
                                 entitas pelapor; atau                                        reporting entity; or
                            iii. Merupakan personel manajemen kunci                      iii. Is a member of the key management
                                 entitas pelapor atau entitas induk dari                      personnel of the reporting entity or of a
                                 entitas pelapor.                                             parent of the reporting entity.
                        b. Suatu entitas berelasi dengan entitas                     b. An entity is related to the reporting entity if
                           pelapor jika memenuhi salah satu hal                         any of the following conditions applies:
                           berikut:
                            i.   Entitas dan entitas pelapor adalah                       i.    The entity and the reporting entity are
                                 anggota dari kelompok usaha yang                               members of the same group (which
                                 sama (artinya entitas induk, entitas                           means that each parent, subsidiary,
                                 anak, dan sesama entitas anak saling                           and fellow subsidiaries are related to
                                 berelasi dengan entitas anak lainnya);                         each others);




                                                                           16




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         PT BANK MEGA TBK                                                                         PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                         (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                            For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                            December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                    (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                              Unless Otherwise Stated)

                      ii.   Satu entitas adalah entitas asosiasi                  ii.   One entity is an associate or joint
                            atau ventura bersama dari entitas lain                      venture of the other entity (or an
                            (atau       entitas     asosiasi     atau                   associate or joint venture of a
                            ventura bersama yang merupakan                              member of a group of which the other
                            anggota suatu kelompok usaha,                               entity is a member);
                            dimana entitas lain tersebut adalah
                            anggotanya);
                      iii. Kedua entitas tersebut adalah ventura                  iii. Both entities are joint ventures of the
                            bersama dari pihak ketiga yang sama;                       same third party;
                      iv. Satu entitas adalah ventura bersama                     iv. One entity is a joint venture of a third
                            dari entitas ketiga dan entitas yang lain                  entity and the other entity is an
                            adalah entitas asosiasi dari entitas                       associate of the third entity;
                            ketiga;
                      v. Entitas tersebut adalah suatu program                    v. The entity is a post-employment
                            imbalan pascakerja untuk imbalan                         benefit plan for the benefit of
                            kerja dari salah satu entitas pelapor                    employees of either the reporting
                            atau entitas yang terkait dengan entitas                 entity, or an entity related to the
                            pelapor. Jika entitas pelapor adalah                     reporting entity. If the reporting entity
                            entitas      yang      menyelenggarakan                  in itself such a plan, the sponsoring
                            program       tersebut,   maka     entitas               employers are also related to the
                            sponsor juga berelasi dengan entitas                     reporting entity;
                            pelapor;
                      vi. Entitas       yang     dikendalikan    atau             vi. The entity is controlled or jointly
                            dikendalikan bersama oleh orang yang                      controlled by a person identified in (a);
                            diidentifikasi dalam huruf (a);
                      vii. Orang yang diidentifikasi dalam huruf                  vii. A person identified in (a) (i) has
                            (a) (i) memiliki pengaruh signifikan atas                   significant influence over the entity or
                            entitas atau merupakan personil                             is a member of the key management
                            manajemen kunci entitas (atau entitas                       personnel of the entity (or a parent of
                            induk dari entitas); atau                                   the entity); or
                      viii. Entitas atau anggota dari kelompok di                 viii. The entity or any members of a group
                            mana entitas merupakan bagian dari                          of which it is a part, provides key
                            kelompok tersebut, menyediakan jasa                         management personnel service to the
                            personil manajemen kunci kepada                             reporting entity or to the parent of the
                            entitas pelapor atau kepada entitas                         reporting entity.
                            induk dari entitas pelapor.

                 Transaksi dengan pihak berelasi dilakukan                    Transactions with related parties are made on
                 berdasarkan persyaratan yang disetujui oleh                  terms agreed by both parties, where such
                 kedua belah pihak, dimana persyaratan                        requirements may not be the same as other
                 tersebut mungkin tidak sama dengan transaksi                 transactions undertaken with third parties.
                 lain yang dilakukan dengan pihak-pihak yang                  Material transactions and balances with related
                 tidak berelasi. Seluruh transaksi dan saldo                  parties are disclosed in the notes to the
                 yang material dengan pihak-pihak berelasi                    financial statements and the relevant details
                 diungkapkan dalam catatan atas laporan                       have been presented in Note 39 of the
                 keuangan yang relevan dan rinciannya telah                   financial statements.
                 disajikan dalam Catatan 39 atas laporan
                 keuangan.




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               PT BANK MEGA TBK                                                                                                                   PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                                                    NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                                                   (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                                                      For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                                                      December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                                              (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                                                        Unless Otherwise Stated)

                2.e. Aset dan liabilitas keuangan                                                                   2.e. Financial assets and liabilities
                     Aset keuangan dan liabilitas keuangan Bank                                                          The Bank’s financial assets and liabilities
                     terdiri atas:                                                                                       mainly consist of:

                                                                                                                       Golongan (ditentukan oleh
                                               Kategori yang didefinisikan oleh PSAK 109/
                                                                                                                     Bank)/Class (as determined by                      Subgolongan/Subclasses
                                                   Category as defined in PSAK 109
                                                                                                                               the Bank)

                                                          Aset keuangan yang diukur pada nilai wajar melalui         Efek-efek/Marketable securities
                                                         laba-rugi/ Financial assets at fair value through profit
                                                                                 or loss                             Tagihan derivatif/Derivative receivables
                                                                                                                     Kas/Cash
                                                                                                                     Giro pada Bank Indonesia/Current accounts with Bank Indonesia
                                                                                                                     Giro pada bank lain/Current accounts with other banks
                                                                                                                     Penempatan pada Bank Indonesia dan bank lain/Placements with Bank Indonesia
                                                                                                                     and other banks

                                                                                                                     Efek-efek yang dibeli dengan janji dijual kembali/ Securities purchased under
                                                                                                                     agreement to resell
                                                          Aset keuangan yang diukur pada biaya perolehan
                             Aset keuangan/Financial                                                                 Tagihan akseptasi/Acceptance receivables
                                                          yang diamortisasi/Financial assets at amortized cost
                                     Assets
                                                                                                                     Kredit yang diberikan/Loans
                                                                                                                                                             Bunga yang masih akan diterima/Accrued
                                                                                                                                                             interest receivables
                                                                                                                                                             Piutang sewa/ Lease receivables
                                                                                                                        Aset lain-lain/Other assets          Setoran jaminan/Guarantee deposits
                                                                                                                                                             Tagihan penjualan surat berharga/ Receivables
                                                                                                                                                             from sales of marketable securities
                                                                                                                                                             Aset yang diblokir/ Restricted assets

                                                          Aset keuangan yang diukur pada nilai wajar melalui
                                                          penghasilan komprehensif lain/Financial assets at          Efek-efek/Marketable securities
                                                          fair value through other comprehensive income

                                                           Liabilitas keuangan yang diukur pada nilai wajar
                                                           melalui laba-rugi/ Financial liabilities at fair value    Liabilitas derivatif/Derivative liabilities
                                                                         through profit or loss
                                                                                                                     Liabilitas segera/Obligation due immediately
                                                                                                                     Liabilitas akseptasi/Acceptance liabilities
                                                                                                                     Simpanan nasabah/Deposits from customers
                                                                                                                     Simpanan dari bank lain/Deposits from other banks
                               Liabilitas Keuangan/                                                                  Efek-efek yang dijual dengan janji dibeli kembali/ Securities sold under agreement
                                Financial Liabilities     Liabilitas keuangan yang diukur pada biaya                 to repurchase
                                                          perolehan yang diamortisasi/Financial liabilities at       Obligasi subordinasi/Surbordinated bonds
                                                          amortized cost                                             Pinjaman yang diterima/Borrowings
                                                                                                                                                               Bunga yang masih harus dibayar/Accrued
                                                                                                                     Beban yang masih harus dibayar            interest payables
                                                                                                                      dan liabilitas lain-lain/ Accrued        Setoran jaminan/Other deposits
                                                                                                                      expenses and other liabilities           Kewajiban pembelian surat berharga/
                                                                                                                                                               Liabilities to purchase of marketable securities


                        i.      Klasifikasi                                                                                i.      Classification
                                Bank        mengklasifikasikan       aset                                                          The Bank classifies its financial assets
                                keuangannya        berdasarkan   kategori                                                          according to the following categories at
                                sebagai berikut pada saat pengakuan awal:                                                          initial recognition:
                                • Aset keuangan yang diukur pada nilai                                                             • Financial assets measured at fair value
                                   wajar melalui laba rugi;                                                                            through profit or loss;
                                • Aset keuangan yang diukur pada nilai                                                             • Financial assets measured at fair value
                                   wajar melalui penghasilan komprehensif                                                              through other comprehensive income;
                                   lain;
                                • Aset keuangan yang diukur pada biaya                                                             • Financial assets measured at amortized
                                   perolehan diamortisasi.                                                                           cost.

                                Aset keuangan diukur pada biaya                                                                    Financial assets are measured at
                                perolehan diamortisasi jika memenuhi                                                               amortized cost if they meet the following
                                kondisi sebagai berikut:                                                                           conditions:
                                • aset keuangan dikelola dalam model                                                               • financial assets are managed in a
                                   bisnis yang bertujuan untuk memiliki                                                               business model that aims to have
                                   aset    keuangan      dalam    rangka                                                              financial assets in order to collect
                                   mendapatkan arus kas kontraktual; dan                                                              contractual cash flow; and

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         PT BANK MEGA TBK                                                                    PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                    (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                       For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                       December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                               (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                         Unless Otherwise Stated)

                       • persyaratan kontraktual dari aset                  • the contractual terms of the financial
                         keuangan tersebut memberikan hak                     asset provide rights on a certain date
                         pada tanggal tertentu atas arus kas                  for cash flow obtained solely from
                         yang diperoleh semata dari pembayaran                payment of principal and interest (SPPI)
                         pokok dan bunga (SPPI) dari jumlah                   on the principal amount outstanding.
                         pokok terutang.
                       Aset keuangan diukur pada nilai wajar                Financial assets are measured at fair value
                       melalui penghasilan komprehensif lain jika           through other comprehensive income if
                       memenuhi kondisi sebagai berikut:                    they meet the following conditions:
                       • Aset keuangan dikelola dalam model                 • Financial assets are managed in a
                         bisnis     yang     bertujuan     untuk               business model that aims to collect
                         mendapatkan arus kas kontraktual dan                  contractual cash flow and sell financial
                         menjual aset keuangan; dan                            assets; and
                       • Persyaratan kontraktual dari aset                  • The contractual requirements of the
                         keuangan tersebut memenuhi kriteria                   financial assets meet the SPPI criteria.
                         SPPI.
                       Pada saat pengakuan awal, Bank dapat                 At initial recognition, the Bank may make
                       membuat pilihan yang tidak dapat                     an irrevocable choice to present equity
                       dibatalkan untuk menyajikan instrumen                instruments that are not held for trading at
                       ekuitas yang bukan dimiliki untuk                    fair value through other comprehensive
                       diperdagangkan pada nilai wajar melalui              income.
                       penghasilan komprehensif lain.
                       Aset keuangan lainnya yang tidak                     Other financial assets that do not meet the
                       memenuhi           persyaratan         untuk         requirements to be classified as financial
                       diklasifikasikan sebagai aset keuangan               assets measured at amortized cost or fair
                       diukur pada biaya perolehan diamortisasi             value through other comprehensive
                       atau nilai wajar melalui penghasilan                 income, are classified as measured at fair
                       komprehensif lain, diklasifikasikan sebagai          value through profit or loss.
                       diukur pada nilai wajar melalui laba rugi.
                       Saat pengakuan awal Bank dapat                       At initial recognition, the Bank can make
                       membuat penetapan yang tidak dapat                   an irrevocable determination to measure
                       dibatalkan untuk mengukur aset yang                  assets that meet the requirements to be
                       memenuhi persyaratan untuk diukur pada               measured at amortized cost or fair value
                       biaya perolehan diamortisasi atau nilai              through other comprehensive income at
                       wajar melalui penghasilan komprehensif               fair value through profit or loss, if the
                       lain pada nilai wajar melalui laba rugi,             determination eliminates or significantly
                       apabila penetapan tersebut mengeliminasi             reduces the measurement or recognition
                       atau    secara    signifikan mengurangi              inconsistencies (sometimes referred to as
                       inkonsistensi pengukuran atau pengakuan              ”accounting mismatch”).
                       (kadang disebut sebagai ”accounting
                       mismatch”).

                       Penilaian model bisnis                               Evaluation of business models
                       Model bisnis ditentukan pada level yang              The business model is determined at a
                       mencerminkan bagaimana kelompok aset                 level that reflects how Bank’s financial
                       keuangan dikelola bersama-sama untuk                 assets are managed together to achieve
                       mencapai tujuan bisnis tertentu.                     certain business objectives.

                       Penilaian model bisnis dilakukan dengan              The evaluation of the business model is
                       mempertimbangkan, tetapi tidak terbatas              carried out by considering, but not limited
                       pada, hal-hal berikut:                               to, the following:
                       • Bagaimana kinerja dari model bisnis                • How the performance of the business
                         dan aset keuangan yang dimiliki dalam                  model and financial assets held in the
                         model bisnis dievaluasi dan dilaporkan                 business model are evaluated and

                                                                      19




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               PT BANK MEGA TBK                                                                    PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                    (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                       For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                       December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                               (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                         Unless Otherwise Stated)

                               kepada personil manajemen kunci                      reported      to   the     Bank’s     key
                               Bank;                                                management personnel;
                             • Apakah risiko yang memengaruhi                     • What risks affect the performance of the
                               kinerja dari model bisnis (termasuk aset             business model (including financial
                               keuangan yang dimiliki dalam model                   assets held in the business model) and
                               bisnis) dan khususnya bagaimana cara                 specifically how the financial assets are
                               aset keuangan tersebut dikelola; dan                 managed; and
                             • Bagaimana penilaian kinerja pengelola              • How to evaluate the performance of
                               aset keuangan (sebagai contoh, apakah                managers of financial assets (for
                               penilaian kinerja berdasarkan nilai wajar            example,        whether     performance
                               dari aset yang dikelola atau arus kas                appraisals are based on the fair value
                               kontraktual yang diperoleh).                         of the assets being managed or the
                                                                                    contractual cash flows obtained).

                             Aset keuangan yang dimiliki untuk                    Financial assets held for trading or
                             diperdagangkan atau dikelola dan penilaian           managed     and    which    performance
                             kinerjanya berdasarkan nilai wajar diukur            appraisals based on fair value are
                             pada nilai wajar melalui laba rugi.                  measured at fair value through profit or
                                                                                  loss.

                             Derivatif   juga   dikategorikan   dalam             Derivatives are also categorized under this
                             kelompok ini, kecuali derivatif yang                 classification unless they are designated
                             ditetapkan sebagai instrumen lindung nilai           as effective hedging instruments.
                             efektif.

                             Penilaian      mengenai       arus     kas           Evaluation of contractual cash flows
                             kontraktual yang diperoleh semata dari               obtained solely from payment of
                             pembayaran pokok dan bunga                           principal and interest
                             Untuk     tujuan   penilaian   ini,  pokok           For the purpose of this valuation, principal
                             didefinisikan sebagai nilai wajar dari aset          is defined as the fair value of financial
                             keuangan pada saat pengakuan awal.                   assets at initial recognition. Interest is
                             Bunga didefinisikan sebagai imbalan untuk            defined as compensation for the time value
                             nilai waktu atas uang dan risiko kredit              of money and credit risk in relation to the
                             terkait jumlah pokok terutang pada periode           principal amount owed over a certain
                             waktu tertentu dan juga risiko dan biaya             period of time and also the risk and
                             peminjaman standar, dan juga marjin laba.            standard borrowing costs, as well as profit
                                                                                  margins.

                             Penilaian mengenai arus kas kontraktual              An assessment of contractual cashflows
                             yang diperoleh semata dari pembayaran                obtained solely from principal and interest
                             pokok dan bunga dilakukan dengan                     payments is made by considering
                             mempertimbangkan                 persyaratan         contractual terms, including whether
                             kontraktual,    termasuk     apakah     aset         financial assets contain contractual terms
                             keuangan       mengandung        persyaratan         that can change the timing or amount of
                             kontraktual yang dapat mengubah waktu                contractual cash flows. In assessing, the
                             atau jumlah arus kas kontraktual. Dalam              Bank considers:
                             melakukan            penilaian,        Bank
                             mempertimbangkan:
                             • Peristiwa      kontinjensi    yang   akan          • Contingency events that will change the
                                mengubah waktu atau jumlah arus kas                 timing or amount of contractual cash
                                kontraktual;                                        flow;
                             • Fitur leverage;                                    • Leverage feature;
                             • Persyaratan pembayaran dimuka dan                  • Terms of advance payment and
                                perpanjangan kontraktual;                           contractual extension;
                             • Persyaratan mengenai klaim yang                    • Requirements regarding limited claims
                                terbatas atas arus kas yang berasal dari            for cash flows from specific assets; and
                                aset spesifik; dan

                                                                            20




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         PT BANK MEGA TBK                                                                          PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                          (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                             For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                             December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                     (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                               Unless Otherwise Stated)

                       • Fitur yang dapat mengubah nilai waktu                    • Features that can change the time
                         dari elemen uang.                                          value of the money element.

                       Liabilitas keuangan diklasifikasikan dalam                 Financial liabilities are classified into the
                       kategori sebagai berikut pada saat                         following categories at initial recognition:
                       pengakuan awal:
                       • Liabilitas keuangan yang diukur pada                     • Financial liabilities at fair value through
                          nilai wajar melalui laporan laba rugi,                    profit or loss, which has 2 (two) sub-
                          yang memiliki 2 (dua) sub-klasifikasi,                    classifications, i.e. those designated as
                          yaitu liabilitas keuangan yang ditetapkan                 such upon initial recognition and those
                          demikian pada saat pengakuan awal                         classified as held for trading;
                          dan liabilitas keuangan yang telah
                          diklasifikasikan      dalam     kelompok
                          diperdagangkan;
                       • Liabilitas keuangan lain. Liabilitas                     • Other financial liabilities. Other financial
                          keuangan lainnya merupakan liabilitas                     liabilities pertain to financial liabilities
                          keuangan yang tidak dimiliki untuk dijual                 that are not held for trading nor
                          atau ditentukan sebagai nilai wajar                       designated as at fair value through
                          melalui laba rugi saat pengakuan                          profit or loss upon recognition of the
                          liabilitas.                                               liability.

                 ii.   Pengakuan                                           ii.    Recognition
                       Bank pada awalnya mengakui aset dan                        The Bank initially recognizes financial
                       liabilitas keuangan pada tanggal perolehan.                asset and liabilities on the date of
                       Pembelian dan penjualan aset keuangan                      origination. Regular way purchases and
                       yang lazim (reguler) diakui pada tanggal                   sales of financial assets are recognized on
                       perdagangan dimana Bank memiliki                           the trade date at which the Bank commits
                       komitmen untuk membeli atau menjual aset                   to purchase or sell the asset. All other
                       tersebut. Semua aset dan liabilitas                        financial assets and liabilities are initially
                       keuangan lainnya pada awalnya diakui                       recognized on the trade date at which the
                       pada tanggal perdagangan dimana Bank                       Bank becomes a party to the contractual
                       menjadi suatu pihak dalam ketentuan                        provisions of the instruments.
                       kontraktual instrumen tersebut.

                       Pada saat pengakuan awal, aset atau                        A financial asset or liability is initially
                       liabilitas keuangan diukur pada nilai wajar                measured at fair value plus (for an item not
                       ditambah (untuk item yang tidak diukur                     valued at fair value through profit and loss
                       pada nilai wajar melalui laba rugi setelah                 at initial recognition) transaction costs
                       pengakuan awal) biaya transaksi yang                       subsequently measured at fair value that
                       dapat diatribusikan secara langsung atas                   are directly attributable to the acquisition of
                       perolehan aset keuangan atau penerbitan                    financial assets or issuance of financial
                       liabilitas keuangan. Pengukuran aset dan                   liabilities. The subsequent measurement of
                       liabilitas keuangan setelah pengakuan awal                 financial assets and liabilities depends on
                       tergantung pada klasifikasi aset keuangan                  their classifications.
                       dan liabilitas keuangan tersebut.

                       Biaya transaksi hanya meliputi biaya-biaya                 Transaction costs include only those costs
                       yang dapat diatribusikan secara langsung                   that are directly attributable to the
                       untuk perolehan suatu aset keuangan atau                   acquisition of a financial asset or issue of a
                       penerbitan suatu liabilitas keuangan dan                   financial liability and are incremental costs
                       merupakan biaya tambahan yang tidak                        that would not have been incurred if the
                       akan terjadi apabila instrumen keuangan                    instrument had not been acquired or
                       tersebut tidak diperoleh atau diterbitkan.                 issued. In the case of financial assets,
                       Untuk aset keuangan, biaya transaksi                       transaction costs are added to the amount
                       ditambahkan pada jumlah yang diakui pada                   recognized initially, while for financial
                       awal pengakuan aset, sedangkan untuk                       liabilities, transaction costs are deducted


                                                                      21




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               PT BANK MEGA TBK                                                                     PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                     (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                        December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                          Unless Otherwise Stated)

                             liabilitas keuangan,    biaya   transaksi              from the amount of debt recognized
                             dikurangkan dari jumlah utang yang diakui              initially.
                             pada awal pengakuan liabilitas.

                             Biaya transaksi tersebut diamortisasi                  Such transaction costs are amortized over
                             selama umur instrumen berdasarkan                      the terms of the instruments based on the
                             metode suku bunga efektif dan dicatat                  effective interest method and are recorded
                             sebagai bagian dari pendapatan bunga                   as part of interest income for transaction
                             untuk biaya transaksi sehubungan dengan                costs related to financial assets or interest
                             aset keuangan atau sebagai bagian dari                 expense for transaction costs related to
                             beban bunga untuk biaya transaksi                      financial liabilities.
                             sehubungan dengan liabilitas keuangan.

                        iii. Pengukuran setelah pengakuan awal                  iii. Subsequent measurement
                             a. Aset keuangan dalam kelompok nilai                   a. Fair        value      through      other
                                wajar         melalui       penghasilan                 comprehensive        income     financial
                                komprehensif lain dan aset keuangan                     assets and financial assets and
                                dan liabilitas keuangan yang diukur                     liabilities measured at fair value
                                pada nilai wajar melalui laporan laba                   through profit or loss are subsequently
                                rugi diukur pada nilai wajarnya.                        measured at fair value.
                             b. Aset dan liabilitas keuangan lainnya                 b. Assets and other financial liabilities
                                yang diukur pada biaya perolehan                        which are measured at amortized cost,
                                diamortisasi,   diukur     pada    biaya                are       subsequently    measured     at
                                perolehan      diamortisasi      dengan                 amortized cost using the effective
                                menggunakan metode suku bunga                           interest method.
                                efektif.

                        iv. Penghentian pengakuan                               iv. Derecognition
                            Bank menghentikan pengakuan aset                        The Bank derecognizes a financial asset
                            keuangan pada saat hak kontraktual atas                 when the contractual rights to the cash
                            arus kas yang berasal dari aset keuangan                flows from the financial asset expire, or
                            tersebut kadaluwarsa, atau pada saat Bank               when the Bank transfers the rights to
                            mentransfer seluruh hak untuk menerima                  receive the contractual cash flows on the
                            arus kas kontraktual dari aset keuangan                 financial asset in a transaction in which
                            dalam transaksi dimana Bank secara                      substantially all the risks and rewards of
                            substansial telah mentransfer seluruh risiko            ownership of the financial asset are
                            dan manfaat atas kepemilikan aset                       transferred. Any interest in transferred
                            keuangan yang ditransfer. Setiap hak atau               financial assets that is created or retained
                            liabilitas atas aset keuangan yang                      by the Bank is recognized as a separate
                            ditransfer yang timbul atau yang masih                  asset or liability.
                            dimiliki oleh Bank diakui sebagai aset atau
                            liabilitas secara terpisah.

                             Bank menghentikan pengakuan liabilitas                 The Bank derecognizes a financial liability
                             keuangan pada saat liabilitas yang                     when its contractual obligations are
                             ditetapkan dalam kontrak dilepaskan atau               discharged or cancelled or expired.
                             dibatalkan atau kedaluwarsa.

                             Dalam transaksi dimana Bank secara                     In transactions in which the Bank neither
                             substansial tidak memiliki atau tidak                  retains nor transfers substantially all the
                             mentransfer seluruh risiko dan manfaat                 risks and rewards of ownership of a
                             atas kepemilikan aset keuangan, Bank                   financial asset, the Bank derecognizes
                             menghentikan pengakuan aset tersebut                   the asset if it does not retain control over
                             jika Bank tidak lagi memiliki pengendalian             the asset. The rights and obligations
                             atas aset tersebut. Hak dan kewajiban                  retained in the transfer are recognized
                             yang timbul atau yang masih dimiliki dalam             separately as assets and liabilities as
                             transfer tersebut diakui secara terpisah               appropriate. In transfers in which control

                                                                           22




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         PT BANK MEGA TBK                                                                          PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                          (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                             For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                             December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                     (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                               Unless Otherwise Stated)

                       sebagai aset atau liabilitas. Dalam transfer               over the asset is retained, the Bank
                       dimana pengendalian atas aset masih                        continues to recognize the asset to the
                       dimiliki, Bank tetap mengakui aset yang                    extent of its continuing involvement,
                       ditransfer tersebut sebesar keterlibatan                   determined by the extent to which it is
                       berkelanjutan,        dimana          tingkat              exposed to changes in the value of the
                       keberlanjutan Bank dalam aset yang                         transferred asset.
                       ditransfer adalah sebesar perubahan nilai
                       aset yang ditransfer.

                       Bank menghapusbukukan saldo kredit dan                     The Bank writes off a loan and investment
                       efek utang untuk tujuan investasi, dan                     debt security balance, and any related
                       cadangan kerugian penurunan nilai terkait,                 allowance for impairment losses, when the
                       pada saat Bank menentukan bahwa kredit                     Bank determines that the loan or security
                       atau efek-efek tersebut tidak dapat ditagih.               is uncollectible. This determination is
                       Keputusan         ini     diambil    setelah               reached after considering information such
                       mempertimbangkan informasi seperti telah                   as the occurrence of significant changes in
                       terjadinya perubahan signifikan pada posisi                the borrowers/issuers financial position
                       keuangan        debitur/penerbit   sehingga                such that the borrower/issuer can no
                       debitur/penerbit tidak lagi dapat melunasi                 longer pay the obligation, or that proceeds
                       liabilitasnya, atau hasil penjualan agunan                 from collateral will not be sufficient to pay
                       tidak akan cukup untuk melunasi seluruh                    back the entire exposure.
                       eksposur kredit yang diberikan.

                 v.    Saling hapus                                         v.    Offsetting
                       Aset keuangan dan liabilitas keuangan                      Financial assets and financial liabilities are
                       saling hapus dan nilai netonya dilaporkan                  offset and the net amount is reported in the
                       di laporan posisi keuangan jika, dan hanya                 statement of financial position if, and only
                       jika, saat ini terdapat hak yang berkekuatan               if, there is currently an enforceable legal
                       hukum untuk saling hapus jumlah                            rights to offset the recognized amounts
                       keduanya dan terdapat intensi untuk                        and there is an intention to settle on a net
                       diselesaikan secara neto, atau untuk                       basis, or to realize the assets and settle
                       merealisasikan aset dan menyelesaikan                      the liabilities simultaneously.
                       liabilitas secara bersamaan.

                       Hak yang berkekuatan hukum berarti:                        Enforceable right means:
                       a. tidak terdapat kontinjensi di masa yang                 a. there are no contingencies in the
                          akan datang, dan                                            future, and
                       b. hak yang berkekuatan hukum pada                         b. enforceable right to the following
                          kondisi-kondisi berikut ini;                                conditions;
                          i. kegiatan bisnis normal;                                  i. deploying normal activities;
                          ii. kondisi kegagalan usaha; dan                            ii. conditions of business failures;
                                                                                           and
                            iii. kondisi gagal bayar atau bangkrut.                   iii. conditions   of    default   or
                                                                                           bankruptcy.

                       Pendapatan dan beban disajikan dalam                       Income and expenses are presented on a
                       jumlah bersih hanya jika diperkenankan                     net basis only when permitted by
                       oleh standar akuntansi.                                    accounting standards.

                 vi. Pengukuran biaya diamortisasi                          vi. Amortized cost measurement
                     Biaya perolehan diamortisasi dari aset atau                The amortized cost of a financial asset or
                     liabilitas keuangan adalah jumlah aset atau                liability is the amount at which the financial
                     liabilitas keuangan yang diukur pada saat                  asset or liability is measured at initial
                     pengakuan awal dikurangi pembayaran                        recognition, minus principal repayments,
                     pokok, ditambah atau dikurangi dengan                      plus or minus the cumulative amortization
                     amortisasi kumulatif dengan menggunakan                    using the effective interest method of any
                     metode suku bunga efektif yang dihitung                    difference between the initial amount

                                                                       23




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               PT BANK MEGA TBK                                                                        PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                        (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                           December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                   (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                             Unless Otherwise Stated)

                             dari selisih antara nilai awal dan nilai jatuh            recognized and the maturity amount,
                             temponya,      dan     dikurangi   cadangan               minus allowance for impairment losses.
                             kerugian penurunan nilai.

                        vii. Pengukuran nilai wajar                                vii. Fair value measurement
                             Nilai wajar adalah harga yang akan                         Fair value is the price that would be
                             diterima untuk menjual suatu aset atau                     received to sell an asset or paid to transfer
                             harga     yang     akan     dibayar   untuk                a liability in an orderly transaction between
                             mengalihkan      suatu    liabilitas dalam                 market participants at the measurement
                             transaksi teratur antara pelaku pasar pada                 date.
                             tanggal pengukuran.

                             Pengukuran nilai wajar mengasumsikan                      The fair value measurement is based on
                             bahwa transaksi untuk menjual aset atau                   the presumption that the transaction to sell
                             mengalihkan liabilitas terjadi:                           the asset or transfer the liability takes
                                                                                       place either:
                             • Di pasar utama untuk aset dan liabilitas                • In the principal market for the asset or
                               tersebut; atau                                             liability, or
                             • Jika tidak terdapat pasar utama, dipasar                • In the absence of a principal market, in
                               yang paling menguntungkan untuk aset                       the most advantageous market for the
                               atau liabilitas tersebut.                                  asset or liability.

                             Nilai wajar suatu aset atau liabilitas diukur             The fair value of an asset or a liability is
                             menggunakan       asumsi      yang      akan              measured using the assumptions that
                             digunakan pelaku pasar ketika menentukan                  market participants would use when
                             harga aset dan liabilitas tersebut dengan                 pricing the asset or liability, assuming that
                             asumsi bahwa pelaku pasar bertindak                       market participants act in their economic
                             dalam kepentingan ekonomik terbaiknya.                    best interest.

                             Pengukuran nilai wajar aset non-keuangan                  A fair value measurement of a non-
                             memperhitungkan kemampuan pelaku                          financial asset takes into account a market
                             pasar    untuk   menghasilkan     manfaat                 participant's ability to generate economic
                             ekonomik dengan menggunakan aset                          benefits by using the asset in its highest
                             dalam penggunaan tertinggi dan terbaiknya                 and best use or by selling it to another
                             atau dengan menjualnya kepada pelaku                      market participant that would use the asset
                             pasar lain yang akan menggunakan aset                     in its highest and best use.
                             tersebut dalam penggunaan tertinggi dan
                             terbaiknya.

                             Bank menggunakan teknik penilaian yang                    The Bank uses valuation techniques that
                             sesuai dalam keadaan dan dimana data                      are appropriate in the circumstances and
                             yang memadai tersedia untuk mengukur                      for which sufficient data are available to
                             nilai wajar, memaksimalkan penggunaan                     measure fair value, maximizing the use of
                             input yang dapat diobservasi yang relevan                 relevant observable inputs and minimizing
                             dan meminimalkan penggunaan input yang                    the use of unobservable inputs.
                             tidak dapat diobservasi.

                             Semua aset dan liabilitas dimana nilai                    All assets and liabilities for which fair value
                             wajar diukur atau diungkapkan dalam                       is measured or disclosed in the financial
                             laporan keuangan dapat dikategorikan                      statements are categorized within the fair
                             pada level hierarki nilai wajar, berdasarkan              value hierarchy, described as follows,
                             tingkatan input terendah yang signifikan                  based on the lowest level input that is
                             atas pengukuran nilai wajar secara                        significant to the fair value measurement
                             keseluruhan:                                              as a whole:
                             • Level 1 : harga kuotasian (tanpa                        • Level 1 : quoted (unadjusted) market
                                 penyesuaian) di pasar aktif untuk aset                    prices in active markets for identical
                                 atau liabilitas yang identik.                             assets or liabilities.

                                                                              24




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         PT BANK MEGA TBK                                                                        PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                        (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                           December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                   (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                             Unless Otherwise Stated)

                       • Level 2 : input selain harga kuotasian                  • Level 2 : inputs other than quoted
                         yang termasuk dalam Level 1 yang                          prices included within Level 1 that are
                         dapat diobservasi untuk aset dan                          observable for the asset or liability
                         liabilitas baik secara langsung (misalnya                 either directly (for example, price) or
                         harga) atau secara tidak langsung.                        indirectly.
                       • Level 3 : input untuk aset dan liabilitas               • Level 3 : inputs for the asset and
                         yang bukan berdasarkan data pasar                         liability that are not based on
                         yang dapat diobservasi (input yang tidak                  observable market data (unobservable
                         dapat diobservasi).                                       inputs).

                       Untuk aset dan liabilitas yang diakui pada                For assets and liabilities that are
                       laporan keuangan secara berulang, Bank                    recognized in the financial statements on a
                       menentukan apakah terjadi transfer antara                 recurring basis, the Bank determines
                       level di dalam hierarki dengan cara                       whether transfers have occurred between
                       mengevaluasi kategori (berdasarkan input                  levels in the hierarchy by re-assessing
                       level terendah yang signifikan dalam                      categorization (based on the lowest level
                       pengukuran nilai wajar) setiap akhir                      input that is significant to the fair value
                       periode pelaporan.                                        measurement as a whole) at the end of
                                                                                 each reporting period.

                 viii. Reklasifikasi instrumen keuangan                      viii. Reclassification       of       financial
                                                                                   instruments
                       Bank mereklasifikasi aset keuangan jika                     The Bank reclassifies financial assets if
                       dan hanya jika, model bisnis untuk                          and only if, the business model for
                       pengelolaan aset keuangan berubah.                          managing financial assets changes.

                       Reklasifikasi aset keuangan dari klasifikasi              Reclassifications of financial assets from
                       biaya perolehan yang diamortisasi ke                      amortized cost classifications to fair value
                       klasifikasi nilai wajar melalui laba rugi                 through profit or loss are recorded at fair
                       dicatat sebesar nilai wajarnya. Selisih                   value. The difference between the
                       antara nilai tercatat dengan nilai wajar                  recorded value and fair value is recognized
                       diakui sebagai keuntungan atau kerugian                   in profit or loss on the statement of profit or
                       pada laba rugi.                                           loss and other comprehensive income.

                       Reklasifikasi aset keuangan dari klasifikasi              Reclassifications of financial assets from
                       biaya perolehan yang diamortisasi ke                      amortized cost classifications to fair value
                       klasifikasi nilai wajar melalui penghasilan               classifications       through          other
                       komprehensif lain dicatat sebesar nilai                   comprehensive are recorded at their fair
                       wajarnya.                                                 values.

                       Reklasifikasi aset keuangan dari klasifikasi              Reclassifications of financial assets from
                       nilai    wajar        melalui      penghasilan            fair value classification through other
                       komprehensif lain ke klasifikasi nilai wajar              comprehensive income to fair value
                       melalui laba rugi dicatat pada nilai wajar.               classification through profit or loss are
                       Keuntungan atau kerugian yang belum                       recorded at fair value. Unrealized gains or
                       direalisasi direklasifikasi ke laba rugi.                 losses are reclassified to profit or loss.

                       Reklasifikasi aset keuangan dari klasifikasi              Reclassifications of financial assets from
                       nilai     wajar     melalui    penghasilan                fair value classifications through other
                       komprehensif lain ke klasifikasi biaya                    comprehensive income to the amortized
                       perolehan yang diamortisasi dicatat pada                  cost classification are recorded at carrying
                       nilai tercatat. Keuntungan atau kerugian                  value. Unrealized gains or losses is
                       yang belum direalisasi dihapus dari ekuitas               removed from equity and adjusted agains
                       dan disesuaikan terhadap nilai wajar.                     the fair value.




                                                                        25




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               PT BANK MEGA TBK                                                                              PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                              (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                 For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                 December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                         (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                   Unless Otherwise Stated)

                             Reklasifikasi aset keuangan dari klasifikasi                    Reclassifications on financial assets from
                             nilai wajar melalui laba rugi ke klasifikasi                    fair value classification through profit or
                             nilai    wajar      melalui    penghasilan                      loss to fair value classification through
                             komprehensif lain dicatat pada nilai wajar.                     other comprehensive income are recorded
                                                                                             at fair value.

                             Reklasifikasi aset keuangan dari klasifikasi                    Reclassifications of financial assets from
                             nilai wajar melalui laba rugi ke klasifikasi                    fair value classification through profit or
                             biaya perolehan yang diamortisasi dicatat                       loss to amortized cost classification are
                             pada nilai wajar.                                               recorded at fair value.

                2.f.   Giro pada Bank Indonesia dan bank lain                     2.f.   Current accounts with Bank Indonesia and
                                                                                         other banks
                        Giro pada Bank Indonesia dan bank lain                           Subsequent to initial recognition, current
                        setelah perolehan awal dinilai sebesar biaya                     accounts with Bank Indonesia and other banks
                        perolehan diamortisasi dengan menggunakan                        are measured at their amortized cost using the
                        metode suku bunga efektif (EIR). Cadangan                        effective interest rate (EIR) method. Allowance
                        kerugian penurunan nilai untuk giro pada bank                    for impairment losses for current account with
                        lain diukur bila terdapat indikasi penurunan nilai               other bank is assessed if there is an indication
                        dengan menggunakan metodologi penurunan                          of    impairment      using    the   impairment
                        nilai sebagaimana diungkapkan dalam Catatan                      methodology as disclosed in Note 2m.
                        2m.

                2.g. Penempatan pada Bank Indonesia dan bank                      2.g. Placements with Bank Indonesia and other
                     lain                                                              banks
                     Penempatan pada Bank Indonesia dan bank                           Placements with Bank Indonesia and other
                     lain merupakan penanaman dana dalam                               banks consist of call money, Bank Indonesia
                     bentuk call money, Fasilitas Simpanan Bank                        Deposit Facilities and time deposits.
                     Indonesia dan deposito berjangka.

                        Penempatan pada Bank Indonesia dinyatakan                        Placements with Bank Indonesia are stated at
                        sebesar saldo penempatan dikurangi dengan                        the outstanding balances, less unearned
                        pendapatan bunga yang ditangguhkan.                              interest income.

                        Penempatan pada bank lain pada awalnya                           Placements with other banks are initially
                        diukur pada nilai wajar ditambah biaya                           measured at fair value plus incremental direct
                        transaksi yang dapat diatribusikan secara                        transaction cost directly attributable to obtain
                        langsung dan merupakan biaya tambahan                            the financial asset, and subsequently
                        untuk memperoleh aset keuangan tersebut,                         measured at their amortized cost using the
                        dan setelah pengakuan awal diukur pada biaya                     effective interest rate (EIR) method. Allowance
                        perolehan diamortisasi menggunakan metode                        for impairment losses is assessed if there is an
                        suku bunga efektif (EIR). Cadangan kerugian                      indication of impairment using the impairment
                        penurunan nilai diukur bila terdapat indikasi                    methodology as disclosed in Note 2m.
                        penurunan     nilai  dengan    menggunakan
                        metodologi penurunan nilai sebagaimana
                        diungkapkan dalam Catatan 2m.

                2.h. Efek-efek                                                    2.h. Securities
                     Efek-efek terdiri dari obligasi korporasi,                        Securities consist of corporate bonds,
                     Obligasi   Pemerintah    Indonesia,   Surat                       Government Bonds), State Treasury Notes,
                     Perbendaharaan Negara, dan Sekuritas Rupiah                       and Bank Indonesia Rupiah Securities
                     Bank Indonesia (“SRBI”).                                          (“SRBI”).

                        Efek-efek pada awalnya diukur pada nilai wajar                   Securities are initially measured at fair value
                        ditambah biaya transaksi, kecuali aset                           plus transaction costs, except for financial
                        keuangan yang diklasifikasikan pada nilai wajar                  assets classified as fair value through profit or
                        melalui laba rugi dimana biaya transaksi diakui                  loss where the transaction costs are

                                                                             26




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         PT BANK MEGA TBK                                                                               PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                               (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                                  For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                  December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                          (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                    Unless Otherwise Stated)

                 langsung ke laporan laba rugi dan penghasilan                   recognized directly to the statement of profit or
                 komprehensif    lain.  Pengukuran     setelah                   loss and other comprehensive income.
                 pengakuan       awal     tergantung     pada                    Subsequent measurement depends on their
                 klasifikasinya.                                                 classification.

                 Pengukuran efek-efek dan obligasi Pemerintah                    The      measurement       of    securities  and
                 didasarkan atas klasifikasinya sebagai berikut:                 Government bonds are based on the
                                                                                 classification of the securities as follows:

                 1. Aset keuangan yang diukur pada nilai                         1.    Financial assets measured at fair value
                    wajar melalui penghasilan komprehensif                             through other comprehensive income
                    lain

                       Surat-surat berharga yang diklasifikasikan                      Marketable securities which are classified
                       sebagai dinilai pada nilai wajar melalui                        under     fair    value      through   other
                       penghasilan komprehensif lain dinyatakan                        comprehensive income investments are
                       pada nilai wajar. Pendapatan bunga diakui                       stated at fair value. Interest income is
                       dalam laba rugi menggunakan metode                              recognized in the profit or loss using the
                       suku bunga efektif. Laba atau rugi selisih                      effective    interest    method.     Foreign
                       kurs atas surat-surat berharga diakui pada                      exchange gains or losses on securities are
                       laba rugi.                                                      recognized in the profit or loss.

                       Perubahan nilai wajar lainnya diakui                            Other fair value changes are recognized
                       langsung dalam ekuitas sampai surat-surat                       directly in equity until the securities is sold
                       berharga dijual atau mengalami penurunan                        or impaired, whereby the cumulative gains
                       nilai, dimana akumulasi keuntungan dan                          and losses previously recognized in the
                       kerugian yang sebelumnya diakui dalam                           equity are recognized in the profit or loss.
                       ekuitas diakui dalam laba rugi.

                 2. Aset keuangan yang diukur pada nilai                         2.    Financial assets measured at fair value
                    wajar melalui laba rugi                                            through profit or loss

                       Keuntungan atau kerugian yang belum                             Unrealized gains or losses resulting from
                       direalisasi akibat kenaikan atau penurunan                      changes in fair value are recognized in the
                       nilai wajarnya disajikan dalam laba rugi                        profit or loss in current year. The interest
                       tahun berjalan. Pendapatan bunga dari                           income from marketable securities is
                       surat-surat berharga dicatat dalam laba                         recorded in the profit or loss according to
                       rugi sesuai dengan persyaratan dalam                            the terms of the contract.
                       kontrak.

          2.i.   Instrumen keuangan derivatif                             2.i.   Derivative financial instruments
                 Seluruh instrumen derivatif (termasuk transaksi                 All derivative instruments (including foreign
                 valuta asing untuk tujuan pendanaan dan                         currency transactions for funding and trading)
                 perdagangan) dicatat dalam laporan posisi                       are recorded in the statement of financial
                 keuangan berdasarkan nilai wajarnya. Nilai                      position at fair value. Fair value is determined
                 wajar tersebut ditentukan berdasarkan harga                     based on market value using Bloomberg rate
                 pasar dengan menggunakan kurs Bloomberg                         at reporting date or discounted cash flow
                 pada tanggal laporan atau metode arus kas                       method.
                 yang didiskontokan.

                 Instrumen keuangan derivatif diakui di laporan                  Derivative financial instruments are recognized
                 posisi keuangan pada nilai wajar. Setiap                        in the statement of financial position at fair
                 kenaikan nilai wajar kontrak derivatif dicatat                  value. Each increase in fair value of derivative
                 sebagai aset apabila memiliki nilai wajar positif               contract is recorded as asset when the fair
                 dan sebagai liabilitas apabila memiliki nilai                   value is positive and as liability when the fair
                 wajar negatif.                                                  value is negative.


                                                                     27




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               PT BANK MEGA TBK                                                                               PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                               (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                  For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                  December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                          (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                    Unless Otherwise Stated)

                        Tagihan dan liabilitas derivatif diklasifikasikan                 Derivative receivables and payables are
                        sebagai aset dan liabilitas keuangan yang                         classified as financial assets and liabilities at
                        diukur pada nilai wajar melalui laba rugi.                        fair value through profit or loss.

                        Keuntungan atau kerugian dari kontrak derivatif                   Gains or losses on derivative contracts are
                        disajikan dalam laporan keuangan berdasarkan                      presented in the financial statements based on
                        tujuan Bank atas transaksi yaitu untuk (a)                        its purpose on the transaction, as (a) a hedge
                        lindung        nilai     atas      nilai     wajar,               of the fair value, (b) a cash flow hedge, (c) a
                        (b) lindung nilai atas arus kas, (c) lindung nilai                hedge of a net investment in foreign
                        atas investasi bersih pada kegiatan operasi luar                  operations, or (d) trading instruments, as
                        negeri, atau (d) instrumen perdagangan,                           follows:
                        sebagai berikut:
                        a. Keuntungan atau kerugian dari kontrak                          a. Gains or losses on derivative contracts that
                            derivatif yang ditujukan dan memenuhi                            are designated and qualified as hedging
                            syarat sebagai instrumen lindung nilai atas                      instruments of the fair value and the gains
                            nilai wajar dan keuntungan atau kerugian                         or losses on changes in fair value of assets
                            atas perubahan nilai wajar aset dan liabilitas                   and liabilities that are protected, recognized
                            yang dilindungi, diakui sebagai laba atau                        as     a      gain    or    loss     may    be
                            rugi yang dapat saling hapus dalam periode                       offset in the same accounting period. Any
                            akuntansi yang sama. Setiap selisih yang                         difference          representing         hedge
                            terjadi          menunjukkan         terjadinya                  ineffectiveness is recognized as profit or
                            ketidakefektifan lindung nilai dan secara                        loss in current year.
                            langsung diakui sebagai laba atau rugi
                            tahun berjalan.
                        b. Bagian efektif dari keuntungan atau                            b. The effective portions of gains or losses on
                            kerugian atas kontrak derivatif yang                             derivative contracts designated as cash
                            ditujukan sebagai lindung nilai atas arus kas                    flow hedge are reported as other
                            dilaporkan         sebagai         penghasilan                   comprehensive income. The ineffective
                            komprehensif lainnya. Bagian yang tidak                          portions of the hedge are reported as profit
                            efektif dari lindung nilai dilaporkan sebagai                    or loss in current year.
                            laba atau rugi tahun berjalan.
                        c. Keuntungan atau kerugian dari kontrak                          c. Gains or losses on derivative contracts
                            derivatif yang ditujukan sebagai lindung nilai                   designated as hedges of a net investment
                            atas investasi bersih pada kegiatan operasi                      in a foreign operation are reported as other
                            luar negeri dilaporkan sebagai penghasilan                       comprehensive income to the extent it is
                            komprehensif lainnya, sepanjang transaksi                        effective as a hedge.
                            tersebut dianggap efektif sebagai transaksi
                            lindung nilai.
                        d. Keuntungan atau kerugian dari kontrak                          d. Gains or losses on derivative contracts not
                            derivatif yang tidak ditujukan sebagai                           designated as a hedging instrument (or
                            instrumen lindung nilai (atau kontrak                            derivative contract that does not qualify as a
                            derivatif yang tidak memenuhi persyaratan                        hedging instrument) is recognized as profit
                            sebagai instrumen lindung nilai) diakui                          or loss in current year.
                            sebagai laba atau rugi pada tahun berjalan.

                2.j.   Efek-efek yang dibeli dengan janji dijual                   2.j.   Securities purchased under agreement to
                       kembali dan efek-efek yang dijual dengan                           resell and securities sold under agreement
                       janji dibeli kembali                                               to repurchase
                       Efek-efek yang dibeli dengan janji dijual                          Securities purchased under agreements to
                       kembali (reverse repo) diakui sebesar harga                        resell (reverse repo) are recognized in the
                       jual kembali efek yang bersangkutan, dikurangi                     amount of the resale price of the related
                       pendapatan bunga yang belum diamortisasi.                          securities, less unamortized interest. The
                       Selisih antara harga beli dengan harga jual                        difference between purchase price and the
                       diperlakukan sebagai pendapatan bunga yang                         selling price is treated as unamortized interest
                       belum diamortisasi dan diakui sebagai                              and is recognized as interest income in
                       pendapatan bunga sesuai dengan jangka                              accordance with the period since the securities
                       waktu efek dibeli hingga dijual kembali dengan                     are purchased until they are resold by using

                                                                              28




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         PT BANK MEGA TBK                                                                          PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                          (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                             For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                             December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                     (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                               Unless Otherwise Stated)

                 menggunakan metode suku bunga efektif                        Effective Interest Rate (EIR) method. The
                 (EIR). Efek yang dibeli tidak dibukukan sebagai              securities received are not recorded as assets
                 aset dalam laporan posisi keuangan karena                    on the statements of financial position because
                 kepemilikan efek tetap berada pada pihak                     the ownership of the securities remains with
                 penjual.                                                     the seller.

                 Efek-efek yang dibeli dengan janji untuk dijual              Securities purchased under agreements to
                 kembali    diklasifikasikan  sebagai     biaya               resell are classified as amortized cost.
                 perolehan yang diamortisasi.

                 Efek-efek yang dijual dengan janji dibeli                    Securities sold under agreement to repurchase
                 kembali (repo) diakui sebesar harga pembelian                (repo) agreements are recognized at the
                 kembali yang disepakati dikurangi beban bunga                agreed repurchase price less unamortized
                 yang belum diamortisasi. Beban bunga yang                    interest. The unamortized interest represents
                 belum diamortisasi merupakan selisih antara                  the difference between the selling price and
                 harga jual dengan harga beli kembali yang                    the agreed repurchase price and is recognized
                 disepakati dan diakui sebagai beban bunga                    as interest expense during the period from the
                 selama jangka waktu sejak efek dijual hingga                 sale of securities to the date of repurchase by
                 dibeli kembali dengan menggunakan metode                     using Effective Interest Rate (EIR) method.
                 suku bunga efektif (EIR). Efek yang dijual tetap             The securities sold are recorded as assets on
                 dicatat sebagai aset dalam laporan posisi                    the statements of financial position because in
                 keuangan karena secara substansi kepemilikan                 substance the ownership of the securities
                 efek tetap berada pada pihak Bank sebagai                    remains with the Bank as the seller.
                 penjual.

                 Efek-efek yang dijual dengan janji dibeli                    Securities sold under agreement to repurchase
                 kembali diklasifikasikan sebagai liabilitas                  are classified as financial liabilities measured
                 keuangan yang diukur dengan biaya perolehan                  at amortized cost.
                 diamortisasi.

          2.k. Kredit yang diberikan                                     2.k. Loans
               Kredit yang diberikan pada awalnya diukur                      Loans are initially measured at fair value plus
               pada nilai wajar ditambah biaya transaksi yang                 incremental transaction costs which can be
               dapat diatribusikan secara langsung dan                        directly attributable and are additional costs to
               merupakan biaya tambahan untuk memperoleh                      obtain      those     financial  assets,     and
               aset     keuangan    tersebut,  dan    setelah                 subsequently measured at their amortized cost
               pengakuan awal diukur pada biaya perolehan                     using the effective interest method. Allowance
               diamortisasi dengan menggunakan metode                         for impairment losses is assessed if there is an
               suku bunga efektif. Cadangan kerugian atas                     indication of impairment using the impairment
               penurunan nilai dilakukan bila terdapat bukti                  methodology as disclosed in Note 2m.
               objektif penurunan nilai dengan menggunakan
               metodologi penurunan nilai sebagaimana
               diungkapkan dalam Catatan 2m.

                 Kredit yang diberikan dihapusbukukan ketika                  Loans are written-off when there are no
                 tidak terdapat prospek yang realistis mengenai               realistic prospects of collection or when the
                 pengembalian pinjaman atau hubungan normal                   Bank’s      normal    relationship   with   the
                 antara Bank dan debitur dengan jaminan telah                 collateralized borrowers has ceased to exist.
                 berakhir. Pinjaman yang tidak dapat dilunasi                 When loans are deemed uncollectible, they are
                 dihapusbukukan dengan mendebit cadangan                      written-off against the related allowance for
                 kerugian penurunan nilai. Pelunasan kemudian                 impairment losses. Subsequent recoveries of
                 atas pinjaman yang telah dihapusbukukan                      loans written-off are credited to the allowance
                 sebelumnya, dikreditkan ke cadangan kerugian                 for impairment losses from loans in the
                 penurunan nilai pinjaman di laporan posisi                   statement of financial position.
                 keuangan.



                                                                    29




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Page 413
               PT BANK MEGA TBK                                                                             PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                             (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                        (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                  Unless Otherwise Stated)

                        Restrukturisasi kredit                                          Loan restructuring
                        Restrukturisasi kredit meliputi modifikasi                      Loan restructuring may involve a modification
                        persyaratan kredit, konversi kredit menjadi                     of the terms of the loans, conversion of loans
                        saham atau instrumen keuangan lainnya                           into equity or other financial instruments and/or
                        dan/atau kombinasi dari keduanya.                               a combination of both.

                        Kerugian yang timbul dari restrukturisasi kredit                Loss on loan restructuring in respect of
                        yang berkaitan dengan modifikasi persyaratan                    modification of the terms of the loans are
                        kredit diakui bila nilai tunai penerimaan kas                   recognized only if the cash value of total future
                        masa depan yang telah ditentukan dalam                          cash receipt specified in the new terms of the
                        persyaratan kredit yang baru, termasuk                          loan, including both receipt designated as
                        penerimaan yang diperuntukan sebagai bunga                      interest and those designated as loan principal,
                        maupun pokok, adalah lebih kecil dari nilai                     are less than the recorded amounts of loans
                        kredit yang diberikan yang tercatat sebelum                     before restructuring.
                        restrukturisasi.

                        Untuk restrukturisasi kredit bermasalah dengan                  For non-performing restructured loan which
                        cara konversi kredit yang diberikan menjadi                     involves a conversion of loan into equity or
                        saham atau instrumen keuangan lainnya,                          other financial instrument, a loss on loan
                        kerugian dari restrukturisasi kredit diakui hanya               restructuring is recognized only if the fair value
                        apabila nilai wajar penyertaan saham atau                       of the equity investment or other financial
                        instrumen keuangan yang diterima dikurangi                      instrument received, reduced by estimated
                        estimasi biaya untuk menjualnya, adalah                         costs to sell the equity or other financial
                        kurang dari nilai tercatat kredit yang diberikan.               instrument, is less than the carrying value of
                                                                                        the loan.

                2.l.   Tagihan dan utang akseptasi                               2.l.   Acceptance receivable and payable
                       Dalam kegiatan bisnis biasa, Bank memberikan                     In the ordinary course of business, the Bank
                       jaminan keuangan, seperti letters of credit,                     provides financial guarantees, consisting of
                       bank garansi dan akseptasi.                                      letters of credit, bank guarantees and
                                                                                        acceptances.

                        Setelah pengakuan awal, tagihan dan utang                       After initial recognition, acceptance receivables
                        akseptasi dicatat pada biaya perolehan                          and payables are recorded at amortized cost.
                        diamortisasi.

                        Cadangan kerugian penurunan nilai dilakukan                     Allowances for impairment losses are
                        bila terdapat indikasi penurunan nilai dengan                   assessed if there is an indication of impairment
                        menggunakan metodologi penurunan nilai                          by using the impairment methodology as
                        sebagaimana diungkapkan dalam Catatan 2m.                       disclosed in Note 2m.
                2.m. Penurunan nilai aset keuangan dan non-                      2.m. Impairment of financial and non-financial
                     keuangan                                                         assets

                        i. Penurunan nilai aset keuangan                                i. Impairment of financial assets
                           Bank menganggap instrumen utang memiliki                        The Bank considers debt instruments to
                           risiko kredit yang rendah ketika peringkat                      have low credit risk when the credit risk
                           risiko kreditnya setara dengan definisi                         rating is at par with the globally understood
                           investment grade yang dipahami secara                           definition of investment grade.
                           global.

                            Pengukuran           Kerugian         Kredit                   Measurement of Expected Credit Losses
                            Ekspektasian (”KKE")                                           (”ECL”)
                            Kerugian Kredit Ekspektasian adalah                            Expected Credit Loss is an estimate of the
                            estimasi   probabilitas    tertimbang    dari                  weighted probability of a credit loss
                            kerugian kredit yang diukur sebagai berikut:                   measured as follows:



                                                                            30




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         PT BANK MEGA TBK                                                                   PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                   (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                      For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                      December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                              (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                        Unless Otherwise Stated)

                     - Aset keuangan yang tidak memburuk                  - Financial assets that do not deteriorate at
                       pada tanggal pelaporan, kerugian kredit              the reporting date, the expected credit
                       ekspektasian diukur sebesar selisih antara           loss is measured at the difference
                       nilai kini dari seluruh kekurangan kas               between the present value of all cash
                       (yaitu selisih antara arus kas yang                  shortages (i.e. the difference between the
                       terutang kepada Bank sesuai dengan                   cash flows owed to the Bank in
                       kontrak dan arus kas yang diperkirakan               accordance with the contract and the
                       akan diterima oleh Bank);                            cash flows expected to be received by the
                                                                            Bank);
                     - Aset keuangan yang memburuk pada                   - Financial assets that deteriorate at the
                       tanggal    pelaporan,    kerugian    kredit          reporting date, the expected credit loss is
                       ekspektasian diukur sebesar selisih antara           measured at the difference between the
                       jumlah tercatat bruto dan nilai kini arus            gross carrying amount and the present
                       kas masa depan yang diestimasi;                      value of estimated future cash flows;
                     - Komitmen pinjaman yang belum ditarik,              - For undisbursed loan commitments,
                       kerugian kredit ekspektasian diukur                  expected credit losses are measured at
                       sebesar selisih antara nilai kini jumlah             the difference between the present value
                       arus kas jika komitmen ditarik dan arus              of the amount of cash flow if the
                       kas yang diperkirakan akan diterima oleh             commitments is withdrawn and the cash
                       Bank;                                                flow expected to be received by the Bank;
                     - Kontrak jaminan keuangan, kerugian                 - For     financial  guarantee     contracts,
                       kredit ekspektasian diukur sebesar selisih           expected credit losses are measured at
                       antara pembayaran yang diperkirakan                  the difference between the estimated
                       untuk mengganti pemegang atas kerugian               payments to replace the holder for the
                       kredit yang terjadi dikurangi jumlah yang            credit losses incurred less the amount
                       diperkirakan dapat dipulihkan.                       estimated to be recoverable.

                     Bank     mengklasifikasikan  kredit yang             The Bank classifed the loans into 3 stages
                     diberikan menjadi 3 tahap/stage sesuai               in accordance with its significant increase in
                     dengan peningkatan risiko kredit secara              credit risk since their initial recognition.
                     signifikan sejak pengakuan awalnya.

                     Kerugian Kredit Ekspektasian 12 Bulan                12 Months - Expected Credit Losses
                     (Stage 1)                                            (Stage 1)
                     KKE diakui pada saat pengakuan awal                  ECL are recognized at the time of initial
                     instrumen            keuangan         dan            recognition of a financial instrument and
                     merepresentasikan       kekurangan    kas            represent the lifetime cash shortfalls arising
                     sepanjang umur aset yang timbul dari                 from possible default events up to 12
                     kemungkinan gagal bayar di masa yang                 months into the future from the reporting
                     akan datang dalam kurun waktu 12 bulan               date. ECL continues to be determined on
                     sejak tanggal pelaporan. KKE terus                   this basis until there is either a significant
                     ditentukan oleh dasar ini sampai timbul              increase in the credit risk of an instrument
                     peningkatan risiko kredit yang signifikan            or the instrument becomes credit-impaired.
                     pada instrumen tersebut atau instrumen               If an instrument is no longer considered to
                     tersebut telah mengalami penurunan nilai             exhibit a significant increase in credit risk,
                     kredit. Jika suatu instrumen tidak lagi              ECL will revert to being determined on a 12-
                     dianggap menunjukkan peningkatan risiko              month basis.
                     kredit yang signifikan, maka KKE dihitung
                     kembali berdasarkan basis 12 bulan.




                                                                     31




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               PT BANK MEGA TBK                                                                    PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                    (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                       For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                       December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                               (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                         Unless Otherwise Stated)

                            Peningkatan        Risiko     Kredit   yang          Significant Increase in Credit Risk
                            Signifikan (Stage 2)                                 (Stage 2)
                            Jika aset keuangan mengalami peningkatan             If a financial asset experiences a significant
                            risiko kredit yang signifikan (“SICR”) sejak         increase in credit risk (“SICR”) since initial
                            pengakuan        awal,     kerugian    kredit        recognition, an expected credit loss
                            ekspektasian diakui atas kejadian gagal              provision is recognized for default events
                            bayar yang mungkin terjadi sepanjang umur            that may occur over the lifetime of the
                            aset. Peningkatan signifikan dalam risiko            asset. Significant increase in credit risk is
                            kredit dinilai dengan membandingkan risiko           assessed by comparing the risk of default of
                            gagal bayar atas eksposur pada tanggal               an exposure at the reporting date to the risk
                            pelaporan dengan risiko gagal bayar saat             of default at origination (after taking into
                            pengakuan awal (setelah memperhitungkan              account the passage of time). Significant
                            perjalanan waktu dari akun tersebut).                does not mean statistically significant nor is
                            Signifikan tidak berarti signifikan secara           it assessed in the context of changes in
                            statistik, juga tidak dinilai dalam konteks          ECL. Whether a change in the risk of
                            perubahan dalam KKE. Perubahan atas                  default is significant or not is assessed
                            risiko gagal bayar dinilai signifikan atau           using a number of quantitative and
                            tidak, dinilai menggunakan sejumlah faktor           qualitative factors, the weight of which
                            kuantitatif dan kualitatif, yang bobotnya            depends on the type of product and
                            bergantung pada tipe produk dan pihak                counterparty. Financial assets that are 30
                            lawan. Aset keuangan dengan tunggakan                days or more past due and not credit-
                            30 hari atau lebih dan tidak mengalami               impaired will always be considered to have
                            penurunan nilai akan selalu dianggap telah           experienced a significant increase in credit
                            mengalami peningkatan risiko kredit yang             risk.
                            signifikan.

                            Eksposur yang Mengalami Penurunan                    Credit Impaired or Defaulted Exposures
                            Nilai Kredit atau Gagal Bayar (Stage 3)              (Stage 3)
                            Aset hanya akan dianggap mengalami                   An asset is only considered credit impaired
                            penurunan nilai dan kerugian kredit                  and lifetime expected credit losses
                            ekspektasian sepanjang umurnya diakui,               recognized, if there is observed objective
                            jika terdapat bukti objektif penurunan nilai         evidence of impairment. These factors,
                            yang dapat diobservasi. Faktor-faktor yang           which includes, amongst other factors,
                            diobservasi ini, termasuk antara lain aset           assets in default or experiencing significant
                            gagal bayar atau mengalami kesulitan                 financial   difficulty,  or     experiencing
                            keuangan yang signifikan atau mengalami              forbearance on impaired credit.
                            forbearance atas kredit yang mengalami
                            penurunan nilai.
                            Aset keuangan yang mengalami penurunan               Financial assets that are credit impaired or
                            nilai kredit atau gagal bayar merupakan aset         in default represent those that are at least
                            yang setidaknya telah memiliki tunggakan             90 days past due in respect of principal
                            lebih dari 90 hari atas pokok dan/atau               and/or interest. Financial assets are also
                            bunga. Aset keuangan juga dianggap                   considered to be credit impaired where the
                            mengalami penurunan nilai kredit di mana             debtors are unlikely to pay on the
                            debitur kemungkinan besar tidak akan                 occurrence of one or more observable
                            membayar dengan terjadinya satu atau lebih           events that have a detrimental impact on
                            kejadian yang teramati yang memiliki                 the estimated future cash flows of the
                            dampak menurunkan jumlah estimasi arus               financial asset. Loss provisions against
                            kas masa depan dari aset keuangan                    credit impaired financial assets are
                            tersebut. Cadangan kerugian penurunan                determined based on an assessment of the
                            nilai terhadap aset keuangan yang                    recoverable cash flows under a range of
                            mengalami penurunan nilai ditentukan                 scenarios, including the realisation of any
                            berdasarkan penilaian terhadap arus kas              collateral held where appropriate.
                            yang      dapat     dipulihkan   berdasarkan
                            sejumlah skenario, termasuk realisasi
                            jaminan yang dimiliki jika memungkinkan.

                                                                            32




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         PT BANK MEGA TBK                                                                   PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                   (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                      For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                      December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                              (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                        Unless Otherwise Stated)

                     Aset Keuangan yang Direstrukturisasi                 Restructured Financial Assets
                     Jika      ketentuan       aset     keuangan          If the terms of the financial assets are
                     dinegosiasikan ulang atau dimodifikasi atau          renegotiated or modified or the existing
                     aset keuangan yang ada diganti dengan                financial assets are replaced with new ones
                     yang baru karena kesulitan keuangan                  due to the borrower’s financial difficulties,
                     peminjam, maka dilakukan penilaian apakah            an assessment is made whether recognition
                     aset keuangan yang ada harus dihentikan              of existing financial assets must be
                     pengakuannya       dan     kerugian    kredit        derecognized and expected credit losses
                     ekspektasian diukur sebagai berikut:                 measured as follows:
                     - Jika restrukturisasi tidak mengakibatkan           - If the restructuring does not result in the
                       penghentian pengakuan aset yang ada,                  termination of recognition of existing
                       maka arus kas yang diperkirakan yang                  assets, then the estimated cash flows
                       timbul    dari   aset    keuangan     yang            arising from the modified financial assets
                       dimodifikasi      dimasukkan         dalam            are included in the calculation of cash
                       perhitungan kekurangan kas dari aset                  shortages of existing assets.
                       yang ada.
                     - Jika restrukturisasi akan menghasilkan             - If the restructuring will result in a
                       penghentian pengakuan aset yang ada,                 derecognition of the existing assets, the
                       maka nilai wajar aset baru diperlakukan              fair value of the new asset is treated as
                       sebagai arus kas akhir dari aset keuangan            the final cash flow of the existing financial
                       yang ada pada saat penghentian                       assets at the time of derecognition. This
                       pengakuannya. Jumlah ini dimasukkan                  amount is included in the calculation of
                       dalam perhitungan kekurangan kas dari                cash shortages from existing financial
                       aset    keuangan       yang   ada     yang           assets which are discounted from the
                       didiskontokan dari tanggal penghentian               date of derecognition to the reporting date
                       pengakuan      ke     tanggal    pelaporan           using the initial effective interest rate of
                       menggunakan suku bunga efektif awal                  the existing financial assets.
                       dari aset keuangan yang ada.

                     Aset Keuangan yang Memburuk                          Credit-impaired Financial Assets
                     Pada setiap tanggal pelaporan, Bank                  At each reporting date, the Bank assesses
                     menilai apakah aset keuangan yang dicatat            whether the financial assets recorded at
                     pada biaya perolehan diamortisasi dan aset           amortized cost and the financial assets of
                     keuangan instrumen utang yang dicatat                debt instruments which are recorded at fair
                     pada nilai wajar melalui penghasilan                 value through other comprehensive income
                     komprehensif lain mengalami penurunan                are credit- impaired (worsening). Financial
                     nilai (memburuk). Aset keuangan memburuk             assets deteriorate when one or more events
                     ketika satu atau lebih peristiwa yang                that have an adverse effect on the
                     memiliki dampak merugikan atas estimasi              estimated future cash flows of the financial
                     arus kas masa depan dari aset keuangan               assets have occurred.
                     telah terjadi.
                     Kriteria yang digunakan oleh Bank untuk              The criteria used by the Bank to determine
                     menentukan bukti objektif penurunan nilai            that there is objective evidence of
                     adalah sebagai berikut:                              impairment include:
                     - Kesulitan keuangan signifikan yang                 - Significant        financial      difficulties
                       dialami penerbit atau pihak peminjam;                experienced by the issuer or the
                                                                            borrower;
                     - Pelanggaran kontrak, seperti peristiwa             - Breach of contract, such as a default or
                       gagal bayar atau peristiwa tunggakan;                arrears;
                     - Pihak pemberi pinjaman, untuk alasan               - The lender, for economic or contractual
                       ekonomik atau kontraktual sehubungan                 reasons in relation to the financial
                       dengan kesulitan keuangan yang dialami               difficulties experienced by the borrower,
                       pihak peminjam, telah memberikan                     has given concessions to the borrower
                       konsesi pada pihak peminjam yang tidak               which is not possible if the borrower does
                       mungkin diberikan jika pihak peminjam                not experience such difficulties;
                       tidak mengalami kesulitan tersebut;

                                                                     33




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               PT BANK MEGA TBK                                                                   PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                   (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                      For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                      December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                              (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                        Unless Otherwise Stated)

                            - Terjadi kemungkinan        bahwa    pihak         - It is probable that the borrower will enter
                              peminjam akan dinyatakan pailit atau                bankruptcy or the other financial
                              melakukan       reorganisasi    keuangan            reorganization;
                              lainnya;
                            - Hilangnya pasar aktif dari aset keuangan          - Loss of an active market for financial
                              akibat kesulitan keuangan; atau                     assets due to financial difficulties; or
                            - Pembelian atau penerbitan aset keuangan           - Purchase or issuance financial asset at
                              dengan diskon sangat besar yang                     significant discount which reflect the
                              mencerminkan kerugian kredit yang                   credit loss that occurs.
                              terjadi.

                            Aset Keuangan yang dibeli atau yang                 Purchased or originated credit-impaired
                            berasal dari aset keuangan yang                     financial assets – POCI
                            mengalami penurunan nilai (Purchased
                            or originated credit-impaired financial
                            assets - POCI)
                            Aset keuangan dikategorikan sebagai POCI            Financial assets are catergorized as POCI if
                            apabila terdapat bukti objektif penurunan           there is objective evidence of impairment at
                            nilai pada saat pengakuan awal. Pada saat           initial recognition. At initial recognition, no
                            pengakuan awal, tidak ada penyisihan                allowance for credit losses is recognized
                            kerugian kredit yang diakui karena harga            because the purchase price or value has
                            pembelian atau nilainya telah termasuk              included lifetime estimated credit losses.
                            estimasi    kerugian     kredit  sepanjang          Furthermore, changes in lifetime credit
                            umurnya. Selanjutnya, perubahan kerugian            losses, whether positive or negative, are
                            kredit sepanjang umurnya, apakah positif            recognized in the statement of profit or loss
                            atau negatif, diakui dalam laporan laba rugi        as part of the allowance for impairment
                            sebagai bagian dari cadangan kerugian               losses.
                            penurunan nilai.

                            Penyajian penyisihan kerugian kredit                Presentation of allowance for expected
                            ekspektasian dalam laporan posisi                   credit losses in statements of financial
                            keuangan                                            position
                            Penyisihan kerugian kredit ekspektasian             Allowance for expected credit losses is
                            disajikan dalam laporan posisi keuangan             presented in the statement of financial
                            sebagai berikut:                                    positions as follows:
                            - Aset keuangan yang diukur pada biaya              - Financial assets measured at amortized
                              perolehan      diamortisasi,   penyisihan           cost, allowance for expected credit losses
                              kerugian kredit ekspektasian disajikan              is presented as a deduction from the
                              sebagai pengurang dari jumlah tercatat              gross carrying amount of the asset;
                              bruto aset;
                            - Komitmen pinjaman dan kontrak jaminan             - Loan      commitments      and    financial
                              keuangan, penyisihan kerugian kredit                guarantee contracts, allowance for
                              ekspektasian disajikan sebagai provisi;             expected credit losses is presented as a
                                                                                  provision;
                            - Instrumen utang yang diukur pada nilai            - Debt instruments measured at fair value
                              wajar melalui penghasilan komprehensif              through other comprehensive income,
                              lain,   penyisihan     kerugian     kredit          allowance for expected credit losses are
                              ekspektasian tidak diakui dalam laporan             not recognized in the statement of
                              posisi keuangan karena jumlah tercatat              financial position because the carrying
                              dari aset-aset ini adalah nilai wajarnya.           amounts of these assets are at their fair
                              Namun demikian penyisihan kerugian                  values. However, allowance for expected
                              kredit ekspektasian diungkapkan dan                 credit losses is disclosed and recognized
                              diakui dalam penghasilan komprehensif               in other comprehensive income.
                              lain.




                                                                           34




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         PT BANK MEGA TBK                                                                  PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                  (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                     For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                     December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                             (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                       Unless Otherwise Stated)

                     Perhitungan penurunan nilai secara                  Individual impairment calculation
                     individual
                     Bank menetapkan kredit yang diberikan               The Bank determines that loans should be
                     yang harus dievaluasi penurunan nilainya            evaluated for impairment through individual
                     secara individual jika kredit yang diberikan        evaluation if loans are classified as Stage 3
                     diklasifikasikan sebagai Stage 3 dan                and considered individually significant. The
                     dianggap signifikan secara individual. Bank         Bank assesses ECL by estimating the
                     menghitung KKE dengan mengestimasi                  expected future cash flow from the loans.
                     arus kas ekspektasian dari kredit yang
                     diberikan.
                     Perhitungan penurunan nilai secara                  Collective impairment calculation
                     kolektif
                     Bank menetapkan kredit yang diberikan               The Bank determines that loans should be
                     yang harus dievaluasi penurunan nilainya            evaluated for impairment through collective
                     secara kolektif jika kredit yang diberikan          evaluation if loans are classified as Stage 1,
                     diklasifikasikan sebagai Stage 1, Stage 2           Stage 2 and Stage 3 which are not
                     dan Stage 3 yang tidak dianggap signifikan          considered individually significant. The
                     secara individual. Bank menghitung KKE              Bank assesses ECL using collective
                     menggunakan pendekatan kolektif dengan              approach with the risk parameter modelling
                     model parameter risiko yang menggunakan             that incorporates a number of key
                     beberapa parameter utama, antara lain               parameters, including the Probability of
                     Probability of Default (“PD”), Loss Given           Default (“PD”), Loss Given Default (“LGD”),
                     Default (“LGD”), Exposure at Default                Exposure at Default (“EAD”), and discount
                     (“EAD”), dan tingkat diskonto setelah               rate after taking into consideration forward-
                     memperhitungkan informasi perkiraan masa            looking          information,        including
                     depan, termasuk faktor makroekonomi.                macroeconomic factors.
                     Bank menggunakan model yang kompleks                The Bank primarily uses sophisticated
                     yang menggunakan matriks PD, LGD dan                models that utilise the PD, LGD and EAD
                     EAD.                                                metrics.
                     a. Probability of Default (“PD”)                    a. Probability of Default (“PD”)
                        Probabilitas yang timbul di suatu waktu             The probability at a point in time that a
                        dimana debitur mengalami gagal bayar,               counterparty will default, calibrated over
                        dikalibrasikan sampai dengan periode 12             up to 12 months from the reporting date
                        bulan dari tanggal laporan (Stage 1) atau           (Stage 1) or over the lifetime of the
                        sepanjang umur (Stage 2 dan 3) dan                  product (Stage 2 and 3) and
                        digabungkan pada dampak asumsi                      incorporated to the impact of forward-
                        ekonomi masa depan yang memiliki                    looking economic assumptions that have
                        risiko kredit. PD diestimasikan pada poin           an effect on credit risk. PD is estimated
                        in time di mana hal ini berfluktuasi                at a point in time that means it will
                        sejalan dengan siklus ekonomi.                      fluctuate in line with the economic cycle.
                     b. Loss Given Default (“LGD”)                       b. Loss Given Default (“LGD”)
                        Kerugian yang diperkirakan akan timbul              The loss that is expected to arise on
                        dari debitur yang mengalami gagal bayar             default, incorporating the impact of
                        dengan menggabungkan dampak dari                    relevant      forward-looking     economic
                        asumsi ekonomi masa depan yang                      assumptions (if any), which represents
                        relevan (jika ada) di mana hal ini                  the difference between the contractual
                        mewakili perbedaan antara arus kas                  cash flows due and those that the Bank
                        kontraktual yang akan jatuh tempo                   expects to receive. The Bank estimates
                        dengan arus kas yang diharapkan untuk               LGD based on the historical recovery
                        diterima. Bank mengestimasikan LGD                  rates and considers the recovery of any
                        berdasarkan data historis dari tingkat              collateral that is integral to the financial
                        pemulihan       dan      memperhitungkan            assets, taking into account forward-
                        pemulihan yang berasal dari jaminan                 looking     economic      assumptions     if
                        terhadap      aset   keuangan     dengan            relevant.
                        mempertimbangkan asumsi ekonomi di
                        masa depan jika relevan.

                                                                    35




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Page 419
               PT BANK MEGA TBK                                                                      PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                      (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                         December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                 (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                           Unless Otherwise Stated)

                            c. Exposure at Default (“EAD”)                          c. Exposure at Default (“EAD”)
                               Perkiraan nilai eksposur neraca pada                    The expected balance sheet exposure at
                               saat      gagal       bayar        dengan               the time of default, taking into account
                               mempertimbangkan bahwa perubahan                        that expected change in exposure over
                               ekspektasi yang diharapkan selama                       the lifetime of the exposure. This
                               masa eksposur. Hal ini menggabungkan                    incorporates the impact of drawdowns of
                               dampak     penarikan     fasilitas   yang               committed facilities, repayments of
                               committed, pembayaran pokok dan                         principal and interest, amortisation and
                               bunga, amortisasi dan pembayaran                        early payments, together with the impact
                               dipercepat, bersama dengan dampak                       of       forward-looking        economic
                               asumsi ekonomi masa depan jika                          assumptions if relevant.
                               relevan.

                            Untuk     menentukan     kerugian    kredit             To determine the expected credit loss,
                            ekspektasian komponen-komponen ini akan                 these components are multiplied together
                            diperhitungkan secara bersama-sama dan                  and discounted to the balance sheet date
                            didiskontokan ke tanggal laporan keuangan               using the effective interest rate as the
                            menggunakan diskonto berdasarkan suku                   discount rate.
                            bunga efektif.

                            Penerimaan kembali atas aset keuangan                   Recoveries of written-off financial assets
                            yang telah dihapusbukukan
                            Ketika kredit yang diberikan tidak tertagih,            When a loan is uncollectible, it is written off
                            kredit yang diberikan tersebut dihapusbuku              against    the   related    allowance       for
                            dengan menjurnal balik cadangan kerugian                impairment loss. Such loans are written off
                            penurunan nilai. Kredit yang diberikan                  after all the necessary procedures have
                            tersebut dapat dihapus buku setelah semua               been completed and the amount of the loss
                            prosedur yang diperlukan telah dilakukan                has been determined.
                            dan jumlah kerugian telah ditentukan.

                            Penerimaan kembali atas aset keuangan                   The recoveries of written-off financial assets
                            yang telah dihapusbukukan pada tahun                    in the current year are credited by adjusting
                            berjalan dikreditkan dengan menyesuaikan                the allowance for impairment losses
                            akun cadangan kerugian penurunan nilai.                 accounts. Recoveries of written-off financial
                            Penerimaan kembali atas aset keuangan                   assets from previous years are recorded as
                            yang telah dihapusbukukan pada tahun                    operational income other than interest
                            sebelumnya dicatat sebagai pendapatan                   income.
                            operasional selain pendapatan bunga.

                        ii. Penurunan nilai aset non-keuangan                    ii. Impairment of non-financial assets
                            Nilai tercatat dari aset yang bukan aset                 The carrying amounts of the Bank’s non-
                            keuangan Bank, kecuali aset pajak                        financial assets, other than deferred tax
                            tangguhan,      ditelaah   setiap    tanggal             assets, are reviewed at each reporting date
                            pelaporan untuk menentukan apakah                        to determine whether there is any indication
                            terdapat indikasi penurunan nilai. Jika                  of impairment. If any such indication exists
                            indikasi tersebut ada, maka nilai yang dapat             then the asset’s recoverable amount will be
                            dipulihkan dari aset tersebut akan                       estimated.
                            diestimasi.

                            Nilai yang dapat diperoleh kembali dari                 The recoverable amount of an asset or
                            suatu aset atau unit penghasil kas adalah               cash generating unit is the greater of its
                            sebesar jumlah yang lebih tinggi antara nilai           value in use and its fair value less costs to
                            pakainya dan nilai wajar aset atau unit                 sell. In assessing value in use,
                            penghasil kas dikurangi biaya untuk                     the estimated future cash flows are
                            menjual. Dalam menilai nilai pakai, estimasi            discounted to their present value using
                            arus kas masa depan didiskontokan ke nilai              pre-tax   discount     rate   that    reflects
                            sekarang dengan menggunakan tingkat                     current market assessments of the time

                                                                            36




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         PT BANK MEGA TBK                                                                           PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                           (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                              For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                              December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                      (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                Unless Otherwise Stated)

                     diskonto sebelum pajak yang mencerminkan                      value of money and the risks specific to the
                     penilaian pasar saat ini terhadap nilai kas                   asset.
                     kini dan risiko spesifik terhadap aset
                     tersebut.

                     Cadangan penurunan nilai diakui pada                          Allowance for impairment loss recognized in
                     tahun sebelumnya dinilai pada setiap                          prior year is assessed at each reporting
                     tanggal pelaporan untuk melihat adanya                        date for any indications that the loss has
                     indikasi bahwa kerugian telah menurun atau                    decreased or no longer exists. An
                     tidak ada lagi. Kerugian penurunan nilai                      impairment loss is reversed if there has
                     dijurnal balik jika terdapat perubahan                        been a change in the estimates used to
                     estimasi     yang     digunakan      dalam                    determine the recoverable amount.
                     menentukan nilai yang dapat dipulihkan.

                     Cadangan kerugian penurunan nilai dijurnal                    Allowance for impairment losses is reversed
                     balik hanya hingga nilai tercatat aset tidak                  only to the extent that the asset’s carrying
                     melebihi nilai tercatat yang telah ditentukan,                amount does not exceed the carrying
                     dikurangi      dengan      depresiasi     atau                amount that would have been determined,
                     amortisasi, jika cadangan penurunan nilai                     net of depreciation or amortization, if no
                     tidak pernah diakui.                                          impairment loss had been recognized.

                     Bank tidak diwajibkan lagi untuk membentuk                    The Bank is not required to provide an
                     cadangan kerugian penurunan nilai untuk                       allowance for impairment losses for non-
                     aset non produktif, tetapi Bank tetap harus                   productive assets, but the Bank should still
                     menghitung cadangan kerugian penurunan                        calculate the impairment losses in
                     nilai mengacu pada standar akuntansi yang                     accordance with the applicable accounting
                     berlaku (Catatan 14b).                                        standards (see Note 14b).

          2.n. Aset tetap, aset hak-guna dan liabilitas sewa               2.n. Fixed assets, right-of-use assets and lease
                                                                                liabilities

                 Aset tetap                                                     Fixed assets
                 Bank menerapkan kebijakan akuntansi model                      Bank applies revaluation model as accounting
                 revaluasi untuk aset tetap berupa tanah dan                    policy for land and buildings. Fixed assets
                 bangunan. Aset tetap selain tanah dan                          other than land and buildings apply cost model.
                 bangunan menggunakan model biaya.

                 Tanah dan bangunan disajikan sebesar nilai                     Land and buildings are stated at fair value, less
                 wajar, dikurangi akumulasi penyusutan untuk                    subsequent       depreciation     for    buildings.
                 bangunan. Penilaian terhadap tanah dan                         Valuation of land and buildings is performed by
                 bangunan dilakukan oleh penilai independen                     external independent valuers with certain
                 eksternal yang telah memiliki sertifikasi.                     qualification. Valuations are performed with
                 Penilaian atas aset tersebut dilakukan secara                  sufficient regularity to ensure that the fair value
                 berkala untuk memastikan bahwa nilai wajar                     of a revalued asset does not differ materially
                 aset yang direvaluasi tidak berbeda secara                     from its carrying amount. Any accumulated
                 material dengan nilai tercatatnya. Akumulasi                   depreciation at the date of revaluation is
                 penyusutan pada tanggal revaluasi dieliminasi                  eliminated against the gross carrying amount
                 terhadap nilai tercatat bruto aset, dan nilai                  of the asset, and the net amount is restated to
                 netonya disajikan kembali sebesar nilai                        the revalued amount of the asset.
                 revaluasian aset tetap.




                                                                      37




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Page 421
               PT BANK MEGA TBK                                                                    PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                    (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                       For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                       December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                               (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                         Unless Otherwise Stated)

                        Jika nilai wajar dari aset yang direvaluasi            If the fair value of the revalued asset change
                        mengalami perubahan yang signifikan dan                significantly, it is necessary to revaluate on an
                        fluktuatif, maka perlu direvaluasi secara              annual basis, whereas if the fair value of the
                        tahunan, sedangkan jika nilai wajar dari aset          revaluated asset does not change significantly,
                        yang direvaluasi tidak mengalami perubahan             it is necessary to revaluate every 3 years,
                        yang signifikan dan fluktuatif, maka perlu             taking the conditions of the related year into
                        dilakukan revaluasi setiap 3 tahun sekali,             considerations.
                        dengan mempertimbangkan kondisi pada tahun
                        tersebut.

                        Kenaikan nilai tercatat yang timbul dari               Increase in the carrying amount arising from
                        revaluasi tanah dan bangunan dicatat sebagai           revaluation of land and buildings is recorded in
                        “Surplus Revaluasi Aset Tetap” dan disajikan           “Revaluation Surplus of Fixed Assets” and
                        sebagai “Penghasilan Komprehensif Lain”.               presented as “Other Comprehensive Income”.
                        Penurunan nilai tercatat yang timbul dari              Decrease in carrying amount as a result of
                        revaluasi, jika ada, dicatat sebagai beban pada        revaluation, if any, is recorded as expenses in
                        tahun berjalan. Apabila aset tersebut memiliki         the current year. If the asset does have
                        saldo “Surplus Revaluasi Aset Tetap” maka              balance on its “Revaluation Surplus of Fixed
                        selisih penurunan nilai tercatat tersebut              Assets”, loss from revaluation of fixed asset is
                        dibebankan terhadap “Surplus Revaluasi Aset            charged to “Revaluation Surplus of Fixed
                        Tetap” yang disajikan sebagai “Penghasilan             Assets” which is presented as “Other
                        Komprehensif Lain” dan sisanya diakui sebagai          Comprehensive Income” and the remaining
                        beban tahun berjalan.                                  balance is charged to current year’s expenses.

                        Surplus revaluasi yang dipindahkan ke saldo            The amount of the surplus transferred would
                        laba adalah sebesar perbedaan biaya                    be the difference between depreciation based
                        perolehan awalnya. Pemindahan surplus                  on the revalued carrying amount of the asset
                        revaluasi ke saldo laba tidak dilakukan melalui        and depreciation based on the asset’s original
                        laba rugi.                                             cost. Transfer from revaluation surplus to
                                                                               retained earnings is not made through profit
                                                                               and loss.

                        Aset tetap, selain tanah dan bangunan, pada            Fixed assets, except land and buildings, are
                        awalnya dinyatakan sebesar harga perolehan.            initially recognized at cost. Acquisition cost
                        Biaya perolehan mencakup harga pembelian               includes purchase price and expenditures
                        dan semua pengeluaran-pengeluaran yang                 directly attributable to bring the assets to the
                        terkait secara langsung untuk membawa aset             location and condition necessary for it to be
                        tersebut ke lokasi dan kondisi yang diperlukan         capable of operating in the manner attended
                        untuk memungkinkan aset tersebut beroperasi            by management. Subsequent to initial
                        sebagaimana ditentukan oleh manajemen.                 measurement, fixed assets are measured
                        Setelah pengukuran awal, aset tetap diukur             using cost model, carried at its cost less
                        dengan model biaya, dicatat pada harga                 accumulated depreciation and accumulated
                        perolehan dikurangi akumulasi penyusutan dan           impairment losses.
                        akumulasi kerugian penurunan nilai aset.

                        Tanah, termasuk biaya pengurusan legal hak             Land, including legal cost incurred when the
                        atas tanah ketika tanah diperoleh pertama kali,        land was first acquired, is recognized as part of
                        diakui sebagai bagian dari biaya perolehan             the land acquisition cost and not amortized.
                        aset tanah dan tidak diamortisasi. Biaya               The cost of the extension or renewal of legal
                        pengurusan perpanjangan atau pembaruan                 right over land is deferred and amortized over
                        legal hak atas tanah ditangguhkan dan                  the life of legal life or economic life of the land,
                        diamortisasi sepanjang umur hukum hak atau             whichever is shorter.
                        umur ekonomi tanah, mana yang lebih pendek.




                                                                          38




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         PT BANK MEGA TBK                                                                           PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                           (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                              For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                              December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                      (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                Unless Otherwise Stated)

                 Penyusutan aset tetap selain tanah dihitung                    Depreciations of fixed assets other than land
                 dengan menggunakan metode garis lurus atau                     are calculated on a straight-line or double
                 saldo menurun berganda berdasarkan taksiran                    declining balance method based on the
                 masa manfaat aset tetap sebagai berikut:                       estimated useful lives of the assets as follows:
                                                                      Tahun/
                                                                      Years
                  Bangunan                                                20                                                  Buildings
                  Peralatan dan perabot kantor,                                             Office equipment and furniture and fixtures,
                    kendaraan dan perbaikan gedung                        4-8                    vehicles and building improvements

                 Beban       perbaikan      dan     pemeliharaan                Normal repair and maintenance expenses are
                 dibebankan pada laba rugi; sedangkan                           charged to the profit or loss; while renovation
                 renovasi dan penambahan yang jumlahnya                         and betterments, which are significant and
                 signifikan dan memperpanjang masa manfaat                      prolong the useful life of assets, are capitalized
                 dikapitalisasi ke aset tetap yang bersangkutan.                to the respective assets. The carrying amount
                 Nilai tercatat serta akumulasi penyusutan atas                 and the related accumulated depreciation of
                 aset tetap yang tidak digunakan lagi atau dijual,              fixed assets which are not utilized anymore or
                 dikeluarkan dari kelompok aset tetap yang                      sold, are removed from the related Bank of
                 bersangkutan, dan laba atau ruginya diakui                     assets, and the gains or losses are recognized
                 dalam laba rugi.                                               in the profit or loss.

                 Aset dalam penyelesaian merupakan aset yang                    Construction in progress consists of assets
                 masih dalam proses pembangunan dan belum                       that are still in progress of construction and are
                 siap untuk digunakan, serta dimaksudkan untuk                  not ready for use yet and are intended to be
                 dipergunakan dalam kegiatan usaha. Aset ini                    used for business activity. This account is
                 dicatat sebesar biaya yang telah dikeluarkan                   recorded based on the amount paid and
                 dan dipindahkan ke aset tetap yang                             transferred to the respective fixed assets when
                 bersangkutan pada saat selesai dan siap                        completed and ready to use.
                 digunakan.

                 Jumlah tercatat aset tetap dihentikan                          An item of fixed asset is derecognized upon
                 pengakuannya pada saat dilepaskan atau saat                    disposal or when no future economic benefits
                 tidak ada manfaat ekonomis masa depan yang                     are expected from its use or disposal. Any gain
                 diharapkan     dari     penggunaan       atau                  or loss arising on derecognition of the asset
                 pelepasannya. Laba atau rugi yang timbul dari                  (calculated as the difference between the net
                 penghentian pengakuan aset (dihitung sebagai                   disposal proceeds and the carrying amount of
                 perbedaan antara jumlah neto hasil pelepasan                   the asset) is included in profit or loss in the
                 dan jumlah tercatat dari aset) diperhitungkan                  period such asset is derecognized.
                 dalam laba rugi pada periode aset tersebut
                 dihentikan pengakuannya.

                 Pada setiap akhir tahun buku, Bank melakukan                   The residual values, useful lives and methods
                 penelaahan atas nilai residu, masa manfaat                     of depreciation of fixed asset are reviewed by
                 dan metode penyusutan dan disesuaikan                          Bank    and      adjusted    prospectively,  if
                 secara prospektif.                                             appropriate, at the end of each year.

                 Aset hak-guna dan liabilitas sewa                              Right-of-use assets and lease liabilities
                 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. The Bank can
                 jangka waktu untuk dipertukarkan dengan                        choose not to recognise the right-of-use asset
                 imbalan. Bank dapat memilih untuk tidak                        and lease liabilities for:
                 mengakui aset hak-guna dan liabilitas sewa
                 untuk:

                                                                     39




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               PT BANK MEGA TBK                                                                     PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                     (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                        December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                          Unless Otherwise Stated)

                        • 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;
                          opsi beli;
                        • sewa atas aset dengan nilai rendah.                   • Leases of low value assets.

                        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 mengoperasikan                • The Bank has the right to operate the
                           aset; dan                                               assets; and
                        • Bank telah mendesain aset dengan cara                 • The Bank has designed the assets by
                           menetapkan sebelumnya bagaimana dan                     predetermining how and for what purpose it
                           untuk tujuan apa aset akan digunakan                    will be used.
                           selama periode penggunaan.

                        Bank mengakui liabilitas sewa sebesar jumlah            The Bank recognized lease liabilities at the
                        pembayaran sewa yang masih harus dibayar                amount of lease payments accrued to the end
                        hingga akhir masa sewa yang didiskontokan               of the lease term which is discounted using the
                        dengan menggunakan suku bunga pinjaman                  incremental borrowing rate. While the right-of-
                        inkremental. Sedangkan aset hak guna                    use assets includes the amount of lease
                        mencakup jumlah liabilitas sewa yang diakui,            liabilities recognized, initial direct costs paid,
                        biaya langsung awal yang dibayarkan, biaya              restoration costs and lease payments on or
                        pemulihan dan pembayaran sewa yang                      before the start date of the lease, less lease
                        dilakukan pada atau sebelum tanggal mulai               incentives      received.     Right-of-use    are
                        sewa, dikurangi insentif sewa yang diterima.            depreciated using the straight-line method over
                        Aset hak guna disusutkan dengan metode garis            the shorter period between the lease term and
                        lurus selama jangka waktu yang lebih pendek             the estimated useful life of the asset.
                        antara masa sewa dengan estimasi masa
                        manfaat aset.

                        Jika kepemilikan aset sewa dialihkan ke Bank            If the ownership of lease asset is transferred to
                        pada akhir masa sewa atau pembayaran sewa               the Bank at the end of the lease term or the
                        mencerminkan pelaksanaan opsi pembelian,                lease payments reflect the exercise of the
                        penyusutan dihitung menggunakan estimasi                purchase option, depreciation is calculated
                        masa manfaat ekonomis aset. Aset hak-guna               using the estimated useful life of the assets.
                        diuji penurunan nilainya sesuai dengan                  Right-of-use assets are tested for impairment
                        PSAK 236 tentang “Penurunan Nilai Aset”.                in accordance with PSAK 236 regarding
                                                                                “Impairment of Assets”.

                        Pada tanggal dimulainya sewa, Bank mengakui             On the initial lease date, the Bank recognized
                        liabilitas sewa yang diukur pada nilai kini dari        lease liabilities which measured at the present
                        pembayaran sewa masa depan yang akan                    value of future lease payments that will be paid
                        dibayarkan selama masa sewa. Pembayaran                 over the lease term. Lease payments include
                        sewa termasuk pembayaran tetap (termasuk                fixed payments (including substantially fixed
                        pembayaran tetap secara-substansi) dikurangi            payments), less lease incentive receivables,
                        piutang insentif sewa, pembayaran sewa                  variable lease payments that depends on index
                        variabel yang bergantung pada indeks atau               or interest rate, and the expected amount to be
                        suku bunga, dan jumlah yang diharapkan akan             paid in a residual value guarantee. Lease
                        dibayar      dalam    jaminan   nilai    residu.        payments also include the reasonable exercise
                        Pembayaran sewa juga termasuk harga                     price for the purchase option if it is determined
                        eksekusi opsi pembelian yang wajar jika                 to be made by the Bank and the payment of a
                        dipastikan akan dilakukan oleh Bank dan                 penalty to terminate the lease, if the lease term
                        pembayaran penalti untuk mengakhiri sewa,               reflects the Bank exercising the lease
                        jika jangka waktu sewa mencerminkan Bank                termination option. Variable lease payments
                        mengeksekusi       opsi   penghentian     sewa.         that are not depends on an index or interest
                        Pembayaran sewa variabel yang tidak                     rate are recognized as an expense in the
                        bergantung pada indeks atau suku bunga                  period in which the event or condition that

                                                                           40




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         PT BANK MEGA TBK                                                                      PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                      (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                         December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                 (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                           Unless Otherwise Stated)

                 diakui sebagai beban pada periode di mana                 triggers the payment occurs.
                 peristiwa  atau     kondisi yang   memicu
                 pembayaran terjadi.

                 Dalam menghitung nilai kini dari pembayaran               In calculating the present value of lease
                 sewa, Bank menggunakan suku bunga                         payments, the Bank uses the lessee’s
                 pinjaman inkremental penyewa pada tanggal                 incremental borrowing rate at the inception
                 dimulainya sewa karena suku bunga implisit                date of the lease since the implicit interest rate
                 dalam sewa tidak dapat ditentukan. Setelah                in the lease cannot be determined. After the
                 tanggal dimulainya sewa, jumlah liabilitas sewa           inception date of the lease, the amount of the
                 ditingkatkan untuk mencerminkan pertambahan               lease liability is increased to reflect the interest
                 bunga dan dikurangi pembayaran sewa yang                  increase and less lease payments made.
                 dilakukan. Selain itu, jumlah tercatat liabilitas         Furthermore, the lease liabilities carrying
                 sewa diukur kembali jika terdapat modifikasi,             amount is remeasured if there are
                 perubahan jangka waktu sewa, perubahan                    modifications, changes in term of the lease,
                 pembayaran sewa, atau perubahan dalam                     lease payments, or the valuation of the option
                 penilaian opsi untuk membeli aset pendasar.               to purchase the underlying asset.

                 Sewa jangka pendek (dengan jangka waktu                   Short-term leases (with term of less or equal to
                 kurang atau sama dengan 12 bulan) dan sewa                12 months) and leases of low-value assets,
                 aset bernilai rendah, serta elemen-elemen                 and elements of those leases, partially or
                 sewa tersebut, sebagian atau seluruhnya tidak             entirely not applying the recognition principles
                 menerapkan prinsip-prinsip pengakuan yang                 stipulated by PSAK 116 will be treated the
                 ditentukan oleh PSAK 116 akan diperlakukan                same as operating leases in PSAK 30. The
                 sama dengan sewa operasi pada PSAK 30.                    Bank will recognize these lease payments on a
                 Bank akan mengakui pembayaran sewa                        straight-line basis during the lease period on
                 tersebut dengan dasar garis lurus selama masa             the statement of profit or loss and other
                 sewa dalam laporan laba rugi dan penghasilan              comprehensive income. This expense is
                 komprehensif lain. Beban ini dicatat pada                 recorded under general and administrative
                 beban umum dan administrasi dalam laporan                 expenses in profit or loss.
                 laba rugi.

                 Penerapan pencatatan PSAK 116 berlaku                     The recording implementation of PSAK 116 is
                 untuk seluruh sewa (kecuali sebagaimana yang              applied for all leases (except as stated earlier),
                 disebutkan sebelumnya), yaitu sebagai berikut:            as follows:
                 a. Menyajikan aset hak-guna sebagai bagian                a. Presents right-of-use assets as part of
                     dari aset tetap dan liabilitas sewa disajikan             fixed assets and lease liabilities presented
                     sebagai bagian dari liabilitas lain-lain dalam            as part of other liabilities in the statement
                     laporan posisi keuangan, yang diukur pada                 of financial position which measured at the
                     nilai kini dari pembayaran sewa masa                      present value of the future lease
                     depan;                                                    payments;
                 b. Mencatat penyusutan aset hak-guna dan                  b. Records depreciation of right-of-use assets
                     bunga atas liabilitas sewa dalam laporan                  and interest on lease liabilities in the
                     laba rugi dan penghasilan komprehensif;                   statement of profit or loss and other
                     dan                                                       comprehensive income; and
                 c. Memisahkan jumlah total pembayaran ke                  c. Separates the total amount of cash paid
                     bagian pokok (disajikan dalam kegiatan                    into principal portion (presented within
                     pendanaan) dan bunga (disajikan dalam                     financing activities) and interest (presented
                     kegiatan operasional) dalam laporan arus                  within operating activities) in the statement
                     kas.                                                      of cash flows.




                                                                      41




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               PT BANK MEGA TBK                                                                            PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                            (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                               For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                               December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                       (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                 Unless Otherwise Stated)

                2.o. Agunan yang diambil alih                                     2.o. Foreclosed assets
                     Agunan yang diambil alih disajikan dalam akun                     Foreclosed assets are presented in the other
                     aset lain-lain.                                                   assets account.

                        Agunan yang diambil alih dinyatakan sebesar                    Foreclosed assets are stated at net realizable
                        nilai realisasi bersih atau sebesar nilai                      value or stated at loan outstanding amount,
                        outstanding kredit yang diberikan, mana yang                   whichever is lower. Net realizable value is the
                        lebih rendah. Nilai realisasi bersih adalah nilai              fair value of the foreclosed assets less
                        wajar agunan yang diambil alih dikurangi                       estimated costs of disposing the assets. The
                        dengan estimasi biaya untuk menjual agunan                     excess of loan receivable over the net
                        tersebut. Selisih lebih saldo kredit di atas nilai             realizable value of the foreclosed assets is
                        realisasi neto dari agunan yang diambil alih                   charged to allowance for loan impairment
                        dibebankan ke dalam akun cadangan kerugian                     losses.
                        penurunan nilai kredit.

                        Selisih antara nilai agunan yang diambil alih                  The difference between the value of the
                        dan hasil penjualannya diakui sebagai                          foreclosed assets and the proceeds from the
                        keuntungan atau kerugian pada saat penjualan.                  sale of such property is recorded as a gain or
                                                                                       loss when the property is sold.

                        Manajemen mengevaluasi nilai agunan yang                       Management evaluates the value of foreclosed
                        diambil alih secara berkala. Cadangan kerugian                 assets regularly. An allowance for possible
                        penurunan nilai pada agunan yang diambil alih                  losses on foreclosed assets are provided
                        dibentuk berdasarkan penurunan nilai agunan                    based on the decline in value of foreclosed
                        yang diambil alih.                                             assets.

                        Beban-beban sehubungan dengan perolehan                        Expenses in relation with the acquisition and
                        dan pemeliharaan agunan yang diambil alih                      maintenance of foreclosed assets are charged
                        dibebankan pada laba rugi tahun berjalan pada                  in the profit or loss in the current year.
                        saat terjadinya.

                2.p. Aset lain-lain                                               2.p. Other assets
                     Terdiri dari aset yang tidak material yang tidak                  Represent immaterial assets that cannot be
                     dapat digolongkan dalam pos-pos sebelumnya.                       classified under the above accounts. Other
                     Aset lain-lain dinyatakan sebesar nilai tercatat,                 assets are stated at carrying amount, which is
                     yaitu harga perolehan setelah dikurangi dengan                    cost less accumulated amortization, allowance
                     akumulasi amortisasi, penurunan nilai atau                        for impairment losses or possible losses.
                     cadangan kerugian.

                2.q. Liabilitas segera                                            2.q. Obligations due immediately
                     Liabilitas segera merupakan liabilitas Bank                       Obligations due immediately represent the
                     kepada pihak lain yang sifatnya wajib segera                      Bank’s liabilities to beneficiaries that are
                     dibayarkan sesuai dengan perintah pemberi                         payable immediately in accordance with the
                     amanat atau perjanjian yang ditetapkan                            demand from the beneficiaries or as agreed
                     sebelumnya. Liabilitas segera dinyatakan                          upon by the Bank’s and the beneficiaries.
                     sebesar nilai liabilitas Bank kepada pemberi                      Obligation due immediately are stated at
                     amanat.                                                           outstanding payables to the beneficiaries.

                2.r. Simpanan dari nasabah dan simpanan dari                      2.r. Deposits from customer and deposits from
                     Bank lain                                                         other banks
                     Simpanan dari nasabah dan simpanan dari                           Deposits from customer and deposits from
                     bank lain pada awalnya diukur pada nilai wajar                    other banks are initially measured at fair value
                     ditambah biaya      transaksi yang dapat                          plus directly attributable transaction costs and
                     diatribusikan secara langsung dan setelah                         subsequently measured at their amortized cost
                     pengakuan awal diukur pada biaya perolehan                        using the effective interest method.
                     diamortisasi dengan menggunakan metode
                     suku bunga efektif.

                                                                             42




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         PT BANK MEGA TBK                                                                               PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                               (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                                  For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                  December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                          (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                    Unless Otherwise Stated)

          2.s. Pendapatan dan beban bunga                                     2.s. Interest income and expense
               Pendapatan dan beban bunga diakui dalam                             Interest income and expenses are recognized
               laba rugi dengan menggunakan metode suku                            in the profit or loss using the effective interest
               bunga efektif. Suku bunga efektif adalah suku                       rate method. The effective interest rate is the
               bunga yang secara tepat mendiskontokan                              rate that exactly discounts the estimated future
               estimasi pembayaran dan penerimaan kas di                           cash payments and receipts through the
               masa datang selama perkiraan umur dari aset                         expected life of the financial asset or financial
               keuangan atau liabilitas keuangan (atau, jika                       liability (or, where appropriate, a shorter
               lebih tepat, digunakan periode yang lebih                           period) to the carrying amount of the financial
               singkat) untuk memperoleh nilai tercatat dari                       asset or financial liability. When calculating the
               aset keuangan atau liabilitas keuangan. Pada                        effective interest rate, the Bank estimates
               saat menghitung suku bunga efektif, Bank                            future cash flows considering all contractual
               mengestimasi arus kas di masa datang dengan                         terms of the financial instrument but not future
               mempertimbangkan        seluruh   persyaratan                       credit losses.
               kontraktual    dalam    instrumen   keuangan
               tersebut, tetapi tidak mempertimbangkan
               kerugian kredit di masa mendatang.

                 Perhitungan suku bunga efektif mencakup                           The calculation of the effective interest rate
                 biaya transaksi (Catatan 2e.ii) dan seluruh                       includes transaction costs (Note 2e.ii) and all
                 imbalan/provisi    dan   bentuk    lain   yang                    fees and points paid or received that are an
                 dibayarkan atau diterima yang merupakan                           integral part of the effective interest rate.
                 bagian tak terpisahkan dari suku bunga efektif.

                 Pendapatan dan beban bunga yang disajikan di                      Interest income and expenses presented in the
                 dalam laba rugi meliputi:                                         profit or loss include:
                 a. Pendapatan dan beban bunga atas aset                           a. Interest income and expense on financial
                     keuangan yang diukur pada nilai wajar                              assets measured at fair value through
                     melalui penghasilan komprehensif lain                              other comprehensive income as well as
                     serta aset keuangan dan liabilitas                                 financial assets and financial liabilities
                     keuangan yang dicatat berdasarkan biaya                            recorded at amortized cost are recognized
                     perolehan diamortisasi, diakui pada                                in the statement of profit or loss using the
                     laporan laba rugi dengan menggunakan                               effective interest method.
                     metode suku bunga efektif.

                       Jumlah tercatat bruto aset keuangan                              The gross carrying amount of a financial
                       adalah biaya perolehan diamortisasi aset                         asset is the amortized cost of a financial
                       keuangan sebelum disesuaikan dengan                              asset before adjusting for allowance for
                       cadangan penurunan nilai.                                        impairment.

                       Dalam menghitung pendapatan dan beban                            In calculating interest income and
                       bunga, tingkat bunga efektif diterapkan                          expenses, the effective interest rate is
                       pada jumlah tercatat bruto aset (ketika aset                     applied to the gross carrying amount of an
                       tersebut bukan aset keuangan memburuk)                           asset (when the asset is not a deteriorated
                       atau terhadap biaya perolehan diamortisasi                       financial asset) or to the amortized cost of
                       dari liabilitas.                                                 a liability.

                       Untuk aset keuangan yang memburuk                                For financial assets that deteriorated after
                       setelah pengakuan awal, pendapatan                               initial recognition, interest income is
                       bunga dihitung dengan menerapkan tingkat                         calculated by applying an effective interest
                       bunga efektif terhadap biaya perolehan                           rate to the amortized cost of the financial
                       diamortisasi dari aset keuangan tersebut.                        assets. If the asset no longer deteriorates,
                       Jika aset tersebut tidak lagi memburuk,                          the calculation of interest income will be
                       maka perhitungan pendapatan bunga akan                           calculated by applying an effective interest
                       dihitung dengan menerapkan tingkat bunga                         rate to the gross carrying amount of the
                       efektif terhadap nilai tercatat bruto dari aset                  financial asset.
                       keuangan tersebut.

                                                                         43




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               PT BANK MEGA TBK                                                                               PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                               (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                  For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                  December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                          (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                    Unless Otherwise Stated)

                        b.   Keuntungan dan kerugian yang timbul dari                  b.    Gains and losses arising from changes in
                             perubahan nilai wajar atas aset keuangan                        the fair value of fair value through other
                             yang diklasifikasikan dalam kelompok nilai                      comprehensive income financial assets
                             wajar melalui penghasilan komprehensif                          other than foreign exchange gains or
                             lain diakui secara langsung dalam laba rugi                     losses on debt instrument are recognized
                             komprehensif (merupakan bagian dari                             directly in other comprehensive income (as
                             ekuitas) sampai aset keuangan tersebut                          part of equity), until the financial asset is
                             dihentikan pengakuannya atau adanya                             derecognized or impaired, except gain or
                             penurunan nilai, kecuali keuntungan atau                        loss arising from changes in exchanges
                             kerugian akibat perubahan nilai tukar untuk                     rate for debt instrument.
                             instrumen utang.

                             Pada saat aset keuangan dihentikan                              When a financial asset is derecognized or
                             pengakuannya atau dilakukan penurunan                           impaired, the cumulative gains or losses
                             nilai, keuntungan atau kerugian kumulatif                       previously recognized in equity are
                             yang sebelumnya diakui dalam ekuitas                            recognized in profit or loss.
                             harus diakui pada laba rugi.

                2.t.   Provisi dan komisi                                       2.t.   Fees and commissions
                       Pendapatan dan beban provisi dan komisi yang                    Fees and commission income and expenses
                       signifikan dan merupakan bagian tak                             that are significant and integral to the effective
                       terpisahkan dari suku bunga efektif atas aset                   interest rate on financial asset or financial
                       keuangan atau liabilitas keuangan dimasukkan                    liability are included in the measurement of the
                       ke dalam perhitungan suku bunga efektif.                        effective interest rate.

                        Pendapatan provisi dan komisi lainnya                          Other fees and commission income, including
                        termasuk provisi yang terkait dengan kegiatan                  credit related fees, export-import related fees,
                        perkreditan, kegiatan ekspor-impor, provisi                    syndication lead arranger fees, and provision
                        sebagai pengatur sindikasi dan provisi atas                    for services are recognized when the related
                        jasa diakui pada saat jasa tersebut dilakukan.                 services are performed.

                        Beban provisi dan komisi lainnya sehubungan                    Other fees and commission expense related
                        dengan transaksi antar bank diakui sebagai                     mainly to inter-bank transaction are recognized
                        beban pada saat jasa tersebut diterima.                        as expense when the service are received.

                        Apabila pinjaman diselesaikan sebelum jatuh                    The outstanding balances of unamortized fees
                        tempo, maka saldo pendapatan provisi dan                       and commissions on loans terminated or
                        komisi yang belum diamortisasi diakui pada                     settled prior to maturity are recognized as
                        saat pinjaman diselesaikan.                                    income when the loans are settled.

                2.u. Keuntungan/(kerugian)    perubahan     nilai               2.u. Gain/(loss) from changes in fair value of
                     wajar aset keuangan                                             financial assets
                     Keuntungan/(kerugian) perubahan nilai wajar                     Gain/(loss) from changes in fair value of
                     instrumen keuangan merupakan perubahan                          financial instruments represent changes in fair
                     nilai wajar dari efek-efek dan instrumen                        value of securities and derivative instruments
                     derivatif yang ditetapkan pada nilai wajar                      designated at fair value through profit or loss.
                     melalui laba rugi.

                2.v. Provisi                                                    2.v. Provisions
                     Provisi diakui jika, sebagai akibat peristiwa                   A provision is recognized if, as a result of a
                     masa lalu, Bank memiliki kewajiban kini, baik                   past event, the Bank has a present legal or
                     bersifat hukum maupun bersifat konstruktif,                     constructive obligation that can be estimated
                     yang dapat diestimasi secara andal, dan                         reliably, and it is probable that an outflow of
                     kemungkinan besar penyelesaian kewajiban                        economic benefits will be required to settle the
                     tersebut mengakibatkan arus keluar sumber                       obligation.
                     daya yang mengandung manfaat ekonomi.


                                                                           44




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         PT BANK MEGA TBK                                                                              PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                              (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                                 For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                 December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                         (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                   Unless Otherwise Stated)

          2.w. Liabilitas imbalan pasca-kerja                              2.w. Post-employment benefits liability
                 i.    Imbalan pasca-kerja                                      i.    Post-employment benefits
                       Skema pensiun diklasifikasikan sebagai                         Pension schemes are classified as either
                       program iuran pasti atau program imbalan                       defined contribution plans or defined
                       pasti, tergantung pada substansi ekonomi                       benefit plans, depending on the economic
                       dari syarat dan kondisi utama program                          substance of the plan as derived from its
                       tersebut. Program iuran pasti adalah                           principal terms and conditions. A defined
                       program pensiun yang mewajibkan Bank                           contribution plan is a pension plan under
                       membayar sejumlah iuran tertentu kepada                        which the Bank pays fixed contributions
                       entitas terpisah.                                              into a separate entity.
                       Bank tidak memiliki kewajiban hukum atau                       The Bank has no legal or constructive
                       konstruktif untuk membayar iuran lebih                         obligations to pay further contributions if
                       lanjut jika entitas tersebut tidak memiliki                    the fund does not hold sufficient assets to
                       aset yang cukup untuk membayar seluruh                         pay all employees the benefits relating to
                       imbalan atas jasa yang diberikan pekerja                       employee service in the current and prior
                       pada periode berjalan dan tahun-tahun                          periods. A defined benefit plan is a
                       sebelumnya. Program imbalan pasti adalah                       pension plan that is not a defined
                       program pensiun yang bukan merupakan                           contribution plan. Typically, defined benefit
                       program iuran pasti. Program imbalan pasti                     plans define an amount of pension benefit
                       adalah program pensiun yang menentukan                         that an employee will receive upon
                       jumlah imbalan pensiun yang akan diterima                      retirement, usually dependent on one or
                       seorang pekerja pada saat pensiun,                             more factors such as age, years of service
                       biasanya berdasarkan pada satu atau lebih                      and compensation.
                       faktor seperti usia, masa kerja, dan
                       kompensasi.
                       Bank harus mencadangkan jumlah minimal                         The Bank is required to provide a minimum
                       imbalan pensiun sesuai dengan Undang-                          amount of pension benefit in accordance
                       Undang No. 11/2020 tentang Cipta Kerja                         with Law No. 11/2020 on Job Creation
                       (“UUCK”)        sebagaimana          telah                     (“JCL”) as amended by Perpu No.2/2022
                       diamendemen dengan Perpu No.2/2022                             and Law No.6/2023 or the Bank’s
                       dan UU No.6/2023 atau Perjanjian Kerja                         Collective Labour Agreement (the “CLA”)
                       Bersama     (“PKB”)    atau     Peraturan                      or Company Regulation (“CR”), whichever
                       Perusahaan (“PP”), mana yang lebih tinggi.                     is higher. Since the JCL or the CLA or the
                       Karena UUCK atau PKB atau PP                                   CR sets the formula for determining the
                       menentukan     rumus    tertentu    untuk                      minimum amount of benefits, in substance
                       menghitung jumlah minimal imbalan                              pension plans under the JCL or the CLA or
                       pensiun, pada dasarnya, program pensiun                        the CR represent defined benefit plans.
                       berdasarkan UUCK atau PKB atau PP
                       adalah program imbalan pasti.
                       Sehubungan dengan program imbalan                              The liability recognized in the statement of
                       pasti, liabilitas diakui pada laporan posisi                   financial position in respect of defined
                       keuangan setara dengan nilai kini                              benefit pension plans is equivalent to the
                       kewajiban imbalan pasti pada akhir tahun                       present value of the defined benefit
                       pelaporan. Kewajiban imbalan pasti                             obligation at the end of the reporting year.
                       dihitung setiap tahun oleh aktuaris                            The defined benefit obligation is calculated
                       independen dengan menggunakan metode                           annually by independent actuaries using
                       Projected Unit Credit.                                         the Projected Unit Credit method.
                       Nilai kini kewajiban imbalan pasti                             The present value of the defined benefit
                       ditentukan dengan mendiskontokan arus                          obligation is determined by discounting the
                       kas keluar yang diestimasi dengan                              estimated future cash outflows using the
                       menggunakan tingkat bunga obligasi                             interest rates of high-quality corporate
                       korporat   berkualitas tinggi   dalam                          bonds that are denominated in the
                       denominasi mata uang dimana imbalan                            currency in which the benefits will be paid,


                                                                      45




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               PT BANK MEGA TBK                                                                            PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                            (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                               For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                               December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                       (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                 Unless Otherwise Stated)

                             akan dibayarkan dan memiliki jangka waktu                     and that have terms of maturity
                             jatuh tempo mendekati jangka waktu                            approximating the terms of the related
                             kewajiban pensiun. Apabila tidak terdapat                     pension obligations. When there is no
                             pasar aktif untuk obligasi korporat tersebut,                 deep market for such bonds, the market
                             digunakan bunga obligasi pemerintah.                          rates of government bonds are used.
                             Biaya jasa lalu diakui segera dalam laba                      Past service costs are recognized
                             rugi. Keuntungan dan kerugian atas                            immediately in profit or loss. Gains or
                             kurtailmen atau penyelesaian suatu                            losses on the curtailment or settlement of a
                             program imbalan pasti diakui pada saat                        defined benefit plan are recognized when
                             kurtailmen atau penyelesaian tersebut                         the curtailment or settlement occurs.
                             terjadi.
                             Pengukuran kembali yang timbul dari                           Remeasurements arising from experience
                             penyesuaian pengalaman dan perubahan                          adjustments and changes in actuarial
                             asumsi-asumsi aktuarial dibebankan atau                       assumptions are charged or credited to
                             dikreditkan pada ekuitas dalam laporan                        equity in the statement of other
                             penghasilan komprehensif lain pada                            comprehensive income in the period in
                             periode dimana beban tersebut terjadi.                        which they arise. The accumulated
                             Akumulasi saldo pengukuran kembali                            remeasurements balance is reported in
                             dilaporkan di saldo laba.                                     retained earnings.
                2.x. Perpajakan                                                   2.x. Taxation
                     Beban pajak terdiri dari pajak kini dan                           The tax expense comprises current and
                     tangguhan. Beban pajak diakui dalam laba rugi.                    deferred tax. Tax expense is recognized in the
                                                                                       profit or loss.
                        Manajemen melakukan evaluasi secara                            Management periodically evaluates the
                        periodik atas posisi yang diambil dalam surat                  positions taken in tax returns with respect to
                        pemberitahuan pajak apabila terdapat situasi di                situation in which applicable tax regulation is
                        mana peraturan perpajakan yang berlaku                         subject to interpretation. The Bank establishes
                        adalah subjek atas interpretasi. Bank                          provisions, where appropriate, on the basis of
                        membentuk cadangan, jika dianggap perlu,                       amounts expected to be paid to the tax
                        berdasarkan jumlah yang diestimasikan akan                     authorities.
                        dibayarkan ke kantor pajak.
                        Pajak penghasilan tangguhan disajikan dengan                   Deferred income tax is determined using the
                        menggunakan metode liabilitas untuk semua                      liability method, for all temporary differences
                        perbedaan temporer yang muncul antara dasar                    arises between the tax bases of assets and
                        pengenaan pajak atas aset dan liabilitas                       liabilities and their carrying values for financial
                        dengan nilai tercatatnya dalam rangka                          reporting purposes at each reporting date.
                        kebutuhan laporan keuangan pada setiap                         Currently enacted or substantially enacted tax
                        tanggal pelaporan. Tarif pajak yang berlaku                    rates are used to determine deferred income
                        digunakan     dalam     menentukan      pajak                  tax.
                        penghasilan tangguhan.
                        Aset pajak tangguhan diakui apabila terdapat                   Deferred tax assets are recognized to the
                        kemungkinan besar bahwa jumlah laba pada                       extent that it is probable that future taxable
                        masa mendatang akan memadai untuk                              profit will be available to compensate the
                        mengkompensasi aset pajak tangguhan yang                       deferred tax assets that arise from temporary
                        muncul akibat perbedaan temporer tersebut.                     differences.
                        Perbedaan antara nilai tercatat dari aset                      The difference between the carrying amount of
                        revaluasian dan dasar pengenaan pajak                          a revalued asset and its tax base is a
                        merupakan perbedaan temporer sehingga                          temporary difference that gives rise to a
                        menimbulkan liabilitas atau aset pajak                         deferred tax liability or asset, except for certain
                        tangguhan, kecuali untuk aset tertentu seperti                 asset such as land, which realization is taxed
                        tanah yang pada saat realisasinya dikenakan                    with final tax on gross value of transaction.
                        pajak final yang dikenakan atas nilai bruto
                        transaksi.

                                                                             46




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         PT BANK MEGA TBK                                                                            PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                            (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                               For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                               December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                       (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                 Unless Otherwise Stated)

                 Koreksi terhadap liabilitas perpajakan diakui                Amendments to taxation obligations are
                 saat surat ketetapan pajak diterima atau jika                recorded when an assessment is received or, if
                 mengajukan keberatan, pada saat keputusan                    appealed against, when the results of the
                 atas keberatan tersebut telah ditetapkan.                    appeal have been decided.

          2.y. Laba per saham                                            2.y. Earnings per share
               Laba per saham dasar dihitung dengan                           Earnings per share is computed by dividing
               membagi laba tahun berjalan dengan rata-rata                   income for the year with the weighted average
               tertimbang jumlah saham biasa yang                             number of outstanding common shares issued
               ditempatkan dan disetor penuh selama tahun                     and are fully paid-up during the year, after
               yang bersangkutan, setelah memperhitungkan                     considering effect of stock dividends and
               pembagian dividen saham dan saham bonus                        bonus shares distribution that applied
               yang diterapkan secara restrospektif.                          retrospectively.

          2.z. Program loyalitas pelanggan                               2.z. Customer loyalty program
               Program loyalitas pelanggan digunakan Bank                     Customer loyalty program is used by the Bank
               untuk memberikan insentif kepada pelanggan                     to provide customers with incentives to buy
               untuk membeli barang atau jasa entitas-entitas                 goods or services of certain entities. If a
               tertentu. Jika pelanggan membeli barang atau                   customer buys goods or services of certain
               jasa entitas tertentu, maka Bank akan                          entities, the Bank grants the customer award
               memberikan       poin    penghargaan       kepada              credits (often described as “points”). The
               pelanggan (seringkali disebut sebagai “poin”).                 customer can redeem the award credits for
               Pelanggan dapat menukar poin penghargaan                       awards such as free or discounted goods or
               tersebut dengan barang atau jasa secara gratis                 services. This interpretation applies to
               atau dengan potongan harga. Interpretasi ini                   customer loyalty award credits that:
               berlaku untuk poin penghargaan loyalitas
               pelanggan yang:
               a. diberikan oleh Bank kepada pelanggannya                     a.    the Bank grants its customers as part of a
                    sebagai bagian dari transaksi penjualan                         sales transaction, i.e. a sale of goods,
                    yaitu penjualan barang, pemberian jasa,                         rendering of services or use by a customer
                    atau penggunaan aset entitas-entitas                            of certain entities’ assets; and
                    tertentu oleh pelanggan; dan
               b. bergantung pada pemenuhan terhadap                          b.    subject to fulfilment of any further
                    setiap kondisi lebih lanjut yang disyaratkan,                   qualifying conditions, the customers can
                    pelanggan dapat menukar barang atau                             redeem for free or discounted goods or
                    jasa secara gratis atau dengan potongan                         services in the future.
                    harga di masa depan.

          2.aa. Sewa                                                     2.aa. Lease

                 Bank sebagai lessor                                          Bank as lessor
                 Dalam sewa menyewa operasi, Bank sebagai                     Under an operating lease, the Bank as a lessor
                 lessor mengakui aset untuk sewa operasi di                   presents assets subject to operating leases in
                 laporan posisi keuangan sesuai sifat aset                    its statements of financial position according to
                 tersebut. Bank mencatat aset tersebut sebagai                the nature of the asset. The Bank recorded
                 aset sewa operasi yang disusutkan dengan                     those assets as assets under operating leases
                 menggunakan metode garis lurus selama umur                   which is depreciated using straight-line method
                 manfaat aset tersebut. Biaya langsung awal                   over the estimated useful lives of the assets.
                 sehubungan proses negosiasi sewa operasi                     Initial direct costs incurred in negotiating an
                 ditambahkan ke jumlah tercatat dari aset                     operating lease are added to the carrying
                 sewaan dan diakui sebagai beban selama                       amount of the leased asset and recognized
                 masa sewa dengan dasar yang sama dengan                      over the lease term on the same basis as
                 pendapatan sewa. Rental kontinjen, apabila                   rental income. Contingent rents, if any, are
                 ada, diakui sebagai pendapatan pada tahun-                   recognized as revenue in the years in which
                 tahun terjadinya.                                            they are earned.



                                                                    47




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               PT BANK MEGA TBK                                                                           PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                           (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                              For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                              December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                      (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                Unless Otherwise Stated)

                        Bank sebagai lessee                                          Bank as lessee
                        Kebijakan akuntansi sehubungan dengan                        The accounting policy related to the adoption
                        penerapan PSAK 116 dimana Bank adalah                        of PSAK 116 where Bank as the lessee has
                        sebagai lessee diungkapkan pada Catatan 2n                   been disclosed in Note 2n to the financial
                        atas laporan keuangan.                                       statements.

                2.ab. Pernyataan      dan    interpretasi     standar          2.ab. New      and    revised      statements       and
                      akuntansi baru dan revisi yang berlaku                         interpretation of financial accounting
                      efektif pada tahun berjalan                                    standards effective in the current year
                      Berikut amendemen dan penyesuaian atas                         The    following     are    amendments        and
                      standar yang berlaku efektif untuk periode yang                improvements to standards which effective for
                      dimulai pada atau setelah 1 Januari 2024,                      periods beginning on or after January 1, 2024,
                      dengan penerapan dini diperkenankan yaitu:                     with early adoption is permitted, are as follows:
                      • Amendemen PSAK 116: Sewa tentang                             •   Amendments SFAS 116: Lease regarding
                          Liabilitas Sewa dalam Jual dan Sewa–                           Lease Liability in a Sale and Leaseback;
                          Balik;
                      • Amendemen PSAK 201: Penyajian                               •    Amendments SFAS 201: Presentation of
                          Laporan Keuangan tentang Klasifikasi                           Financial        Statements       regarding
                          Liabilitas sebagai Jangka Pendek atau                          Classification of Liabilities as Current or
                          Jangka Panjang;                                                Noncurrent;
                      • Amendemen PSAK 201: Penyajian                               •    Amendments SFAS 201: Presentation of
                          Laporan Keuangan tentang Liabilitas                            Financial Statements related to Non-
                          Jangka Panjang dengan Kovenan;                                 Current Liabilities with Covenants;
                      • Amendemen PSAK 207: Laporan Arus                            •    Amendments SFAS 207: Statement of
                          Kas dan amendemen PSAK 107:                                    Cash Flows and SFAS 107: Financial
                          Instrumen Keuangan: Pengungkapan                               Instrument: Disclosure regarding Supplier
                          tentang      Pengaturan       Pembiayaan                       Finance Arrangements; and
                          Pemasok; dan
                      • Revisi PSAK 409: Akuntansi Zakat, Infak,                    •    Revision SFAS 409: Accounting for Zakat,
                          dan Sedekah dan Revisi PSAK 401:                               Infaq, dan Sadaqah and Revision SFAS
                          Penyajian Laporan Keuangan Syariah.                            401: Presentation of Sharia Financial
                                                                                         Statements.

                        Implementasi standar-standar tersebut tidak                  The implementation of the above standards
                        memiliki dampak yang material terhadap                       had no material effect on the amounts reported
                        jumlah yang dilaporkan di periode berjalan atau              for the current period or prior financial period.
                        periode sebelumnya.


                3.      Pertimbangan dan Estimasi Akuntansi yang               3.    Significant   Accounting     Judgments      and
                        Signifikan                                                   Estimates

                        Dalam proses penerapan kebijakan akuntansi                   In the process of applying the Bank’s
                        Bank,    manajemen       telah    melakukan                  accounting     policies,  management     has
                        pertimbangan profesional dan estimasi dalam                  exercised    professional   judgments   and
                        menentukan jumlah yang diakui dalam laporan                  estimates in determining the amounts
                        keuangan. Beberapa pertimbangan profesional                  recognized in the financial statements. The
                        dan estimasi yang signifikan adalah sebagai                  several significant uses of the professional
                        berikut:                                                     judgments and estimates are as follows:




                                                                          48




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         PT BANK MEGA TBK                                                                      PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                      (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                         December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                 (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                           Unless Otherwise Stated)

         3.a.    Sumber utama atas ketidakpastian estimasi             3.a. Key sources of estimation uncertainty

                 Perhitungan Cadangan Kerugian Penurunan                   Calculation of Allowance for Impairment
                 Nilai                                                     Losses
                 Saat mengukur KKE, Bank menggunakan                       When measuring ECL the Bank uses
                 informasi masa depan yang wajar dan dapat                 reasonable and supportable forward-looking
                 didukung, yang didasarkan pada asumsi untuk               information, which is based on assumptions for
                 pergerakan masa depan dari berbagai                       the future movement of different economic
                 penggerak ekonomi dan bagaimana penggerak                 drivers and how these drivers will affect each
                 ini akan saling mempengaruhi.                             other.

                 Loss given default adalah estimasi kerugian               Loss given default is an estimate of the loss
                 yang timbul karena gagal bayar. Perhitungan               arising on default. It is based on the difference
                 didasarkan pada perbedaan antara arus kas                 between the contractual cash flows due and
                 kontraktual terutang dan yang diharapkan akan             those that the lender would expect to receive,
                 diterima, dengan mempertimbangkan arus kas                taking into account cash flows from collateral
                 dari agunan dan peningkatan kredit integral.              and integral credit increase.

                 Probability of default merupakan input utama              Probability of default constitutes a key input in
                 dalam mengukur KKE. Probability of default                measuring ECL. Probability of default is an
                 adalah perkiraan kemungkinan gagal bayar                  estimate of the likelihood of default over a
                 selama     jangka    waktu    tertentu, yang              given time horizon, the calculation of which
                 penghitungannya mencakup data historis,                   includes historical data, assumptions and
                 asumsi, dan ekspektasi kondisi masa depan.                expectations of future conditions.

                 Estimasi Masa Sewa                                        Estimation of Lease Term
                 Dalam mengestimasi masa sewa dari masing-                 When estimating the lease term of the
                 masing      perjanjian   sewa,     manajemen              respective lease arrangement, management
                 mempertimbangkan seluruh fakta dan keadaan                considers all facts and circumstances that
                 yang memberikan insentif ekonomik untuk                   create an economic incentive to exercise an
                 mengeksekusi opsi perpanjangan, atau untuk                extension option, or not to exercise a
                 tidak    mengeksekusi     opsi    penghentian,            termination option, including any expected
                 termasuk perubahan fakta atau keadaan yang                changes in facts and circumstances from the
                 diekspektasi dari tanggal permulaan hingga                commencement date until the exercise date of
                 tanggal eksekusi opsi. Opsi perpanjangan (atau            the option. Extension options (or periods after
                 periode setelah opsi penghentian) hanya                   termination options) are only included in the
                 diperhitungkan dalam masa sewa jika sewa                  lease term if the lease is reasonably certain to
                 cukup pasti akan diperpanjang (atau tidak                 be extended (or not terminated).
                 dihentikan).

                 Cadangan Kerugian Penurunan Nilai atas Aset               Allowance for Impairment Losses on Financial
                 Keuangan                                                  Assets
                 Evaluasi atas kerugian penurunan nilai aset               Financial assets accounted for at amortized
                 keuangan yang dicatat pada biaya perolehan                cost are evaluated for impairment on the basis
                 diamortisasi dijelaskan di Catatan 2m.                    described in Note 2m.

                 Kondisi spesifik counterparty yang mengalami              In the calculation of allowance for impairment
                 penurunan nilai dalam pembentukan cadangan                losses of financial assets, the specific condition
                 kerugian atas aset keuangan dievaluasi secara             of impaired counterparty is individually
                 individu    berdasarkan     estimasi   terbaik            evaluated based on management's best
                 manajemen atas nilai kini arus kas yang                   estimate of the present value of the expected
                 diharapkan akan diterima, baik dari waktu dan             cash flows to be received, including both timing
                 jumlah. Dalam mengestimasi arus kas tersebut,             and amount. In estimating these cash flows,
                 manajemen membuat pertimbangan tentang                    management makes judgements about the
                 situasi keuangan counterparty dan nilai                   counterparty's financial situation and the net
                 realisasi bersih dari setiap agunan, serta                realizable value of any underlying collateral,
                 probabilitas rata-rata tertimbang kerugian                including weighted average probability of credit

                                                                  49




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               PT BANK MEGA TBK                                                                      PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                      (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                         December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                 (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                           Unless Otherwise Stated)

                        kredit. Setiap aset yang mengalami penurunan             losses. Each impaired asset is assessed on its
                        nilai dinilai sesuai dengan manfaat yang ada,            merits, and the workout strategy and estimated
                        dan strategi penyelesaian serta estimasi arus            cash flows considered recoverable.
                        kas yang diperkirakan dapat diterima.

                        Evaluasi cadangan kerugian penurunan nilai               Collectively-assessed       allowance      for
                        secara kolektif meliputi kerugian kredit yang            impairment losses cover credit losses inherent
                        melekat pada portofolio aset keuangan dengan             in portfolios of financial assets with similar
                        karakteristik ekonomi yang sama, tetapi                  economic characteristics but the individual
                        penurunan nilai secara individu belum dapat              impaired items cannot yet be identified. In
                        diidentifikasi. Dalam menentukan perlunya                assessing the need for collectively assessed
                        membentuk cadangan kerugian penurunan nilai              allowance for impairment losses, management
                        kredit      secara      kolektif,     manajemen          considers factors such as credit quality,
                        mempertimbangkan         faktor-faktor    seperti        portfolio size, credit concentrations and
                        kualitas kredit, besarnya portofolio, konsentrasi        economic factors. In order to estimate the
                        kredit dan faktor-faktor ekonomi. Dalam                  required allowance, assumptions are made to
                        mengestimasi cadangan yang diperlukan,                   define the way inherent losses are modeled
                        asumsi-asumsi dibuat untuk menentukan                    and to determine the required input
                        model kerugian bawaan dan untuk menentukan               parameters, based on historical experience,
                        parameter input yang diperlukan, berdasarkan             current economic conditions, and forecast on
                        pengalaman historis, kondisi ekonomi saat ini,           future economic condition.
                        dan perkiraan kondisi ekonomi di masa depan.
                        Ketepatan dari cadangan ini bergantung pada              The accuracy of the allowances depends on
                        seberapa tepat estimasi arus kas masa depan              how well these estimates of future cash flows
                        untuk menentukan cadangan individual serta               for specific counterparty allowances and the
                        asumsi model dan parameter yang digunakan                model assumptions and parameters used in
                        dalam menentukan cadangan kolektif.                      determining collective allowances.
                        Penentuan Nilai wajar                                    Determining Fair Values
                        Dalam menentukan nilai wajar atas aset                   In determining the fair value for financial assets
                        keuangan dan liabilitas keuangan dimana tidak            and liabilities for which there is no observable
                        terdapat harga pasar yang dapat diobservasi,             market price, Bank should use the valuation
                        Bank harus menggunakan teknik penilaian                  techniques as described in Note 2e. For
                        seperti dijelaskan pada Catatan 2e. Untuk                financial instruments that are infrequently trade
                        instrumen       keuangan       yang      jarang          and have little price transparency, fair value is
                        diperdagangkan dan tidak memiliki harga yang             less objective, and requires varying degrees of
                        transparan, nilai wajarnya menjadi kurang                judgment depending on liquidity, concentration,
                        obyektif dan karenanya, membutuhkan tingkat              uncertainity of market factors, pricing
                        pertimbangan yang beragam, tergantung pada               assumptions and other risks affecting the
                        likuiditas, konsentrasi, ketidakpastian faktor           specific instrument.
                        pasar, asumsi penentuan harga, dan risiko
                        lainnya     yang   mempengaruhi      instrumen
                        tertentu.
                        Aset Pajak Tangguhan                                     Deferred Tax Assets
                        Aset pajak tangguhan diakui atas jumlah pajak            Deferred tax assets are recognized for the
                        penghasilan terpulihkan (recoverable) pada               future recoverable taxable income arising from
                        periode mendatang sebagai akibat perbedaan               temporary difference.
                        temporer yang boleh dikurangkan.
                        Justifikasi  manajemen      diperlukan  untuk            Management judgment is required to
                        menentukan jumlah aset pajak tangguhan yang              determine the amount of deferred tax assets
                        dapat diakui, sesuai dengan waktu yang tepat             that can be recognized, based upon the likely
                        dan tingkat laba fiskal di masa mendatang                timing and level of future taxable profits
                        sejalan dengan strategi rencana perpajakan ke            together with future strategic planning
                        depan (Catatan 2x).                                      (Note 2x).



                                                                            50




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         PT BANK MEGA TBK                                                                      PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                      (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                         December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                 (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                           Unless Otherwise Stated)

                 Penyusutan Aset Tetap                                     Depreciation of Fixed Assets
                 Manajemen mengestimasi masa manfaat                       Management properly estimates the useful
                 ekonomis aset tetap Bank antara 4 sampai                  lives of the Bank’s fixed assets to be within 4 to
                 dengan 20 tahun. Ini merupakan masa manfaat               20 years. These are common life expectancies
                 ekonomis yang secara umum diharapkan                      applied in the banking industries. Changes in
                 dalam industri di mana perbankan. Perubahan               the expected level of usage and technological
                 tingkat    pemakaian    dan    perkembangan               development could impact the economic useful
                 teknologi dapat mempengaruhi masa manfaat                 lives and the residual values of these assets,
                 ekonomis dan nilai sisa aset, dan karenanya               and therefore future depreciation charges
                 beban penyusutan masa depan mungkin                       could be revised. Further details are disclosed
                 direvisi. Penjelasan lebih rinci diungkapkan              in Notes 2n and 13.
                 dalam Catatan 2n dan 13.

                 Revaluasi Aset Tetap                                      The Revaluation of Fixed Assets
                 Revaluasi aset tetap Bank bergantung pada                 The Bank’s fixed assets revaluation depends
                 pemilihan asumsi yang digunakan oleh penilai              on its selection of certain assumptions used by
                 independen dalam menghitung jumlah-jumlah                 the independent appraisal in calculating such
                 tersebut. Asumsi tersebut termasuk antara lain:           amounts. Those assumptions including
                 tingkat diskonto, nilai tukar, tingkat inflasi dan        discount rate, exchange rate, inflation rate and
                 tingkat kenaikan pendapatan dan biaya. Bank               revenue and cost increase rate. The Bank
                 berkeyakinan bahwa asumsi tersebut adalah                 believes that its assumptions are reasonable
                 wajar dan sesuai, perbedaan signifikan dalam              and appropriate and significant differences in
                 asumsi     yang     ditetapkan     Bank      dapat        the Bank’s assumptions may materially affect
                 mempengaruhi secara material nilai aset tetap             the valuation of its revalued fixed assets.
                 yang direvaluasi. Penjelasan lebih rinci                  Further details are disclosed in Note 13.
                 diungkapkan dalam Catatan 13.

                 Imbalan Kerja                                             Employee Benefits
                 Penentuan liabilitas imbalan kerja Bank                   The determination of the Bank’s employee
                 bergantung pada pemilihan asumsi yang                     benefits liability is dependent on its selection of
                 digunakan oleh aktuaris independen dan                    certain assumptions used by the independent
                 manajemen Bank dalam menghitung jumlah-                   actuaries and the Bank’s management in
                 jumlah tersebut. Asumsi tersebut termasuk                 calculating such amounts. Those assumptions
                 antara lain, tingkat diskonto, tingkat kenaikan           include among others, discount rates, future
                 gaji tahunan, tingkat pengunduran diri                    annual salary increase, annual employee turn-
                 karyawan tahunan, tingkat kecacatan, umur                 over rate, disability rate, retirement age and
                 pensiun dan tingkat kematian.                             mortality rate.

                 Pajak Penghasilan                                         Income Tax
                 Bank    mengakui   liabilitas atas pajak                  The Bank recognizes liabilities for corporate
                 penghasilan badan berdasarkan estimasi                    income tax based on estimation of whether
                 apakah akan terdapat tambahan pajak                       additional corporate income tax will be due.
                 penghasilan badan.

                 Cadangan atas Kasus Hukum                                 Provision on Legal Case
                 Bank sedang menghadapi kasus hukum.                       The Bank is facing legal case. In 2023, legal
                 Sampai dengan tahun 2023, proses hukum                    proceedings against a third party, PT Elnusa
                 terhadap pihak ketiga yaitu PT Elnusa Tbk                 Tbk, received the final decision from the court.
                 sudah     mendapat    putusan      tetap    dari          However, the outcome of the decision could
                 Pengadilan. Akan tetapi, hasil putusan tersebut           not yet be executed as there are still ongoing
                 masih belum dapat dilaksanakan dikarenakan                appeal     and     extra-judicial   settlements
                 masih ada perkara perlawanan yang masih                   (Note 40).
                 berjalan dan upaya perdamaian yang sedang
                 berlangsung (Catatan 40).




                                                                      51




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               PT BANK MEGA TBK                                                                           PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                           (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                              For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                              December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                      (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                Unless Otherwise Stated)

                        Pada tahun 2024, Bank telah membukukan                      In 2024, The Bank already recognized the loss
                        kerugian atas tuntutan hukum tersebut                       on lawsuit based on the settlement agreement
                        berdasarkan     penandatanganan       perjanjian            between the Bank and PT Elnusa Tbk
                        perdamaian antara Bank dan PT Elnusa Tbk                    (Note 40). When the result of the final decision
                        (Catatan 40). Pada saat hasil keputusan final               from those cases are awarded and the loss will
                        atas status hukum tersebut diperoleh dan akan               be recorded at the profit or loss in the period in
                        dicatat pada laba rugi pada periode dimana                  which such final legal decision is determined.
                        hasil keputusan atas upaya perdamaian
                        tersebut sudah final dan bisa dilaksanakan.

                3.b.    Pertimbangan akuntansi yang penting                     3.b. Critical accounting judgments in applying
                        dalam menerapkan kebijakan akuntansi                         the Bank’s accounting policies
                        Bank
                        Pertimbangan akuntansi yang penting dalam                   Critical accounting judgments made in applying
                        menerapkan    kebijakan  akuntansi   Bank                   the Bank’s accounting policies include:
                        meliputi:

                        Penilaian Instrumen Keuangan                                Valuation of Financial Instruments
                        Bank menggunakan hierarki berikut untuk                     The Bank adopts the following hierarchy for
                        menentukan dan mengungkapkan nilai wajar                    determining and disclosing the fair value of
                        dari instrumen keuangan (Catatan 44):                       financial instruments (Note 44):
                        - Level 1 : harga kuotasian (tanpa                          - Level 1 : quoted (unadjusted) market prices
                           penyesuaian) di pasar aktif untuk aset atau                 in active market for identical assets or
                           liabilitas yang identik;                                    liabilities;
                        - Level 2 : input selain harga kuotasian yang               - Level 2 : inputs other than quoted prices
                           termasuk dalam Level 1 yang dapat                           included within Level 1 that are observable
                           diobservasi untuk aset dan liabilitas baik                  for the asset or liability either directly
                           secara langsung (misalnya harga) atau                       (example, price) or indirectly;
                           secara tidak langsung;
                        - Level 3 : input untuk aset dan liabilitas yang            -   Level 3 : inputs for the asset and liability
                           bukan berdasarkan data pasar yang dapat                      that are not based on observable market
                           diobservasi (input yang tidak dapat                          data (unobservable inputs).
                           diobservasi).

                        Kebijakan akuntansi Bank untuk pengukuran                   The Bank’s accounting policy on fair value
                        nilai wajar dibahas di Catatan 2.                           measurements is discussed in Note 2.

                        Nilai wajar dari aset keuangan dan liabilitas               Fair values of financial assets and financial
                        keuangan yang diperdagangkan di pasar aktif                 liabilities that are traded in active markets are
                        didasarkan pada kuotasi harga pasar atau                    based on quoted market prices or dealer price
                        kuotasi dari harga dealer. Untuk seluruh                    quotations. For all other financial instruments,
                        instrumen keuangan lainnya, Bank menentukan                 the Bank determines fair values using
                        nilai wajar dengan menggunakan teknik                       valuation techniques. Valuation techniques
                        penilaian. Teknik penilaian termasuk model                  include net present value and discounted cash
                        nilai   sekarang    dan    arus    kas    yang              flow models, and comparison to similar
                        didiskontokan, dan perbandingan dengan                      instruments for which market observable prices
                        instrumen yang sejenis dimana terdapat harga                exist. Assumptions and inputs used in
                        pasar yang dapat diobservasi. Asumsi dan                    valuation techniques include risk-free and
                        input yang digunakan dalam teknik penilaian                 benchmark interest rates, credit spreads and
                        termasuk suku bunga bebas risiko (risk-free)                other variable used in estimating discount
                        dan suku bunga acuan, credit spread dan                     rates, bond prices, foreign currency exchange
                        variabel lainnya yang digunakan dalam                       rates, level of vulnerability and expected price
                        mengestimasi tingkat diskonto, harga obligasi,              correlation.
                        kurs mata uang asing, serta tingkat kerentanan
                        dan korelasi harga yang diharapkan.



                                                                           52




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         PT BANK MEGA TBK                                                                        PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                        (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                           December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                   (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                             Unless Otherwise Stated)

                 Tujuan dari teknik penilaian adalah penentuan               The objective of valuation techniques is to
                 nilai wajar yang mencerminkan harga dari                    arrive at a fair value determination that reflects
                 instrumen keuangan pada tanggal pelaporan                   the price of the financial instrument at the
                 yang akan ditentukan oleh para partisipan di                reporting date that would have been
                 pasar dalam suatu transaksi yang wajar.                     determined by market participants acting at
                                                                             arm’s length.

                 Penilaian Model Bisnis                                      Business Model Assessment
                 Klasifikasi dan pengukuran aset keuangan                    Classification and measurement of financial
                 bergantung       pada      hasil   semata       dari        assets depends on the results of the SPPI and
                 pembayaran pokok dan bunga (”SPPI”) dan uji                 the business model test (please see financial
                 model bisnis (lihat bagian aset keuangan pada               assets sections of Note 3). The Bank
                 Catatan 3). Bank menentukan model bisnis                    determines the business model at a level that
                 pada tingkat yang mencerminkan bagaimana                    reflects how group of financial assets are
                 kelompok aset keuangan dikelola bersama                     managed together to achieve a particular
                 untuk mencapai tujuan bisnis tertentu.                      business objective. This assessment includes
                 Penilaian ini mencakup penilaian yang                       judgement reflecting all relevant evidence
                 mencerminkan semua bukti yang relevan                       including how the performance of the assets is
                 termasuk bagaimana kinerja aset dievaluasi                  evaluated and their performance measured,
                 dan      kinerjanya      diukur,    risiko    yang          the risks that affect the performance of the
                 memengaruhi kinerja aset dan bagaimana hal                  assets and how these are managed and how
                 ini dikelola dan bagaimana manajer aset diberi              the managers of the assets are compensated.
                 kompensasi. Bank memantau aset keuangan                     The Bank monitors financial assets measured
                 yang diukur pada biaya perolehan diamortisasi               at amortized cost or fair value through other
                 atau     nilai   wajar     melalui     penghasilan          comprehensive income that are derecognized
                 komprehensif        lain      yang       dihentikan         prior to their maturity to understand the reason
                 pengakuannya sebelum jatuh tempo untuk                      for their disposal and whether the reasons are
                 memahami alasan pelepasannya dan apakah                     consistent with the objective of the business for
                 alasan tersebut konsisten dengan tujuan bisnis              which the asset was held. Monitoring is part of
                 di mana aset tersebut dimiliki. Pemantauan                  the Bank’s continuous assessment of whether
                 adalah bagian dari penilaian berkelanjutan                  the business model for which the remaining
                 Bank atas apakah model bisnis di mana aset                  financial assets are held continues to be
                 keuangan yang tersisa dimiliki tetap sesuai dan             appropriate and if it is not appropriate whether
                 jika tidak sesuai apakah telah terjadi perubahan            there has been a change in business model
                 dalam model bisnis dan dengan demikian                      and so a prospective change to the
                 terdapat perubahan prospektif terhadap                      classification of those assets. No such
                 klasifikasi aset keuangan tersebut. Tidak ada               changes were required during the periods
                 perubahan yang diperlukan selama periode                    presented.
                 yang disajikan.

                 Peningkatan Risiko Kredit yang Signifikan                   Significant Increase in Credit Risk
                 Sebagaimana dijelaskan dalam Catatan 3,                     As explained in Note 3, expected credit losses
                 kerugian kredit ekspektasian diukur sebagai                 are measured as an allowance equal to 12-
                 cadangan yang setara dengan KKE 12 bulan                    month ECL for stage 1 assets, or lifetime ECL
                 untuk aset tahap 1, atau KKE sepanjang umur                 for stage 2 or stage 3 assets. An asset moves
                 untuk aset tahap 2 atau tahap 3. Suatu aset                 to stage 2 when its credit risk has increased
                 bergerak ke tahap 2 ketika risiko kreditnya                 significantly since initial recognition. PSAK 109
                 telah meningkat secara signifikan sejak                     does not define what constitutes a significant
                 pengakuan awal. PSAK 109 tidak menjelaskan                  increase in credit risk. In assessing whether
                 apa yang merupakan peningkatan risiko kredit                the credit risk of an asset has significantly
                 yang signifikan. Dalam menilai apakah risiko                increased the Bank takes into account
                 kredit suatu aset telah meningkat secara                    qualitative and quantitative reasonable and
                 signifikan, Bank mempertimbangkan informasi                 supportable forward-looking information.
                 masa depan yang wajar dan dapat didukung
                 secara kualitatif dan kuantitatif.



                                                                        53




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               PT BANK MEGA TBK                                                                             PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                             (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                        (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                  Unless Otherwise Stated)

                        Klasifikasi Aset dan Liabilitas Keuangan                     Financial Asset and Liability Classification
                        Kebijakan     akuntansi      Bank   menetapkan               The Bank’s accounting policies determine the
                        klasifikasi atas aset dan liabilitas tertentu                classifications of certain assets and liabilities
                        sebagai aset dan liabilitas keuangan dengan                  as financial assets and liabilities by considering
                        mempertimbangkan definisi yang ditetapkan                    the definition set forth in PSAK 109.
                        PSAK 109.
                        Rincian klasifikasi aset dan liabilitas keuangan             Details of the Bank’s classification are
                        Bank disajikan di Catatan 44 atas laporan                    presented in Note 44 of the financial
                        keuangan.                                                    statements.

                        Penurunan Nilai Aset Non-Keuangan                            Impairment of Non-Financial Assets
                        Bank mengevaluasi penurunan nilai aset                       The Bank assesses impairment of assets
                        apabila terdapat kejadian atau perubahan                     whenever events or changes in circumstances
                        keadaan yang mengindikasikan bahwa nilai                     that would indicates that the carrying amount
                        tercatat aset tidak dapat dipulihkan kembali.                of an asset may not be recoverable. The
                        Faktor-faktor penting yang dapat menyebabkan                 factors that the Bank considers important
                        penelaahan penurunan nilai adalah sebagai                    which could trigger an impairment review
                        berikut:                                                     include the following:
                        a. Performa yang tidak tercapai secara                       a. Significant underperformance relative to
                            signifikan terhadap ekspektasi historis atau                  expected historical or projected future
                            proyeksi hasil operasi di masa yang akan                      operating results;
                            datang;
                        b. Perubahan yang signifikan dalam cara                      b.    Significant changes in the manner of use
                            penggunaan aset atau strategi bisnis                           of the acquired assets or the strategy for
                            secara keseluruhan; dan                                        overall business; and
                        c. Industri atau tren ekonomi yang secara                    c.    Significant negative industry or economic
                            signifikan bernilai negatif.                                   trends.

                        Bank mengakui kerugian penurunan nilai                       The Bank recognizes an impairment loss
                        apabila nilai tercatat aset melebihi nilai yang              whenever the carrying amount of an asset
                        dapat dipulihkan. Jumlah terpulihkan adalah                  exceeds its recoverable amount. The
                        nilai yang lebih tinggi antara nilai wajar                   recoverable amount is the higher of an asset’s
                        dikurang biaya untuk menjual dengan nilai                    (or cash-generating unit’s) fair value less costs
                        pakai aset (atau unit penghasil kas). Jumlah                 to sell and its value in use. Recoverable
                        terpulihkan diestimasi untuk aset individual                 amounts are estimated for individual assets or,
                        atau, jika tidak memungkinkan, untuk unit                    if it is not possible, for the cash-generating unit
                        penghasil kas yang mana aset tersebut                        to which the asset belongs.
                        merupakan bagian daripada unit tersebut.


                4.      Kas                                                     4.   Cash

                                                                 2024                     2023
                        Rupiah                                       696,793                 738,632                                Rupiah
                        Mata uang asing                                                                                  Foreign currencies
                          Dolar Amerika Serikat                       84,765                  65,002                United States Dollar
                          Dolar Singapura                             68,058                  16,676                     Singapore Dollar
                          Euro Eropa                                  11,605                  20,242                      European Euro
                          Dolar Australia                              5,636                   7,538                     Australian Dollar
                          Yen Jepang                                   4,393                   4,151                       Japanese Yen
                          Poundsterling Inggris Raya                   1,311                   1,788          Great Britain Poundsterling
                          Dolar Hong Kong                                948                   1,193                   Hong Kong Dollar
                        Total                                        873,509                 855,222                                   Total




                                                                           54




LK_AR Bank MEGA 2024_INA.indd 65                                                                                                           05/03/25 02.22
Page 438
         PT BANK MEGA TBK                                                                                                                PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                                                 NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                                                (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                                                                   For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                                                   December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                                                           (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                                                     Unless Otherwise Stated)

                 Kas dalam Rupiah termasuk jumlah kas pada                                                         Cash in Rupiah includes cash in Automatic
                 Anjungan Tunai Mandiri (ATM) masing-masing                                                        Teller Machines (ATM) amounting to Rp53,161
                 sejumlah Rp53.161 dan Rp72.601 pada                                                               and Rp72,601 as of December 31, 2024 and
                 tanggal 31 Desember 2024 dan 2023.                                                                2023, respectively.

                 Informasi mengenai klasifikasi dan nilai wajar                                                    Information with regards to the classification
                 diungkapkan pada Catatan 44.                                                                      and fair value was disclosed in Note 44.


         5.      Giro pada Bank Indonesia                                                                 5.       Current Accounts with Bank Indonesia

                 Giro pada Bank Indonesia terdiri dari:                                                            Current accounts with Bank Indonesia consist
                                                                                                                   of the following:

                                                                                       31 Desember/December 31 ,
                                                                         2024                                                       2023
                                                      Mata uang asing               Ekuivalen                  Mata uang asing               Ekuivalen
                                                        (nilai penuh)/               Rupiah/                     (nilai penuh)/               Rupiah/
                                                      Foreign currency             Equivalent in               Foreign currency             Equivalent in
                                                        (full amount)                Rupiah                      (full amount)                Rupiah

                  Rupiah                                                                  6,994,110                                                 6,360,523                         Rupiah
                  Dolar Amerika Serikat                       33,000,000                    531,135                     30,000,000                    461,910             United States Dollar
                  Total                                                                   7,525,245                                                 6,822,433                           Total



                 Giro Wajib Minimum (GWM) Bank sesuai                                                              Minimum Statutory Reserves (GWM) Bank in
                 dengan Peraturan Bank Indonesia dan                                                               accordance with Bank Indonesia (BI)
                 Peraturan Anggota Dewan Gubernur (PADG)                                                           Regulation of Members of The Board of
                 diungkapkan pada Catatan 49a.                                                                     Governors (PADG) are disclosed in Note 49a.

                 Informasi mengenai jatuh tempo diungkapkan                                                        Information in respect of maturities is disclosed
                 pada Catatan 45e. Informasi mengenai                                                              in Note 45e. Information with regards to the
                 klasifikasi dan nilai wajar diungkapkan pada                                                      classification and fair value is disclosed in
                 Catatan 44.                                                                                       Note 44.


         6.      Giro pada Bank Lain                                                                      6.       Current Accounts with Other Banks

          a.     Berdasarkan pihak dan mata uang                                                      a.           By parties and currency
                                                                                        31 Desember/December 31 ,
                                                                            2024                                                  2023
                                                         Mata uang asing             Ekuivalen                 Mata uang asing            Ekuivalen
                                                           (nilai penuh)/             Rupiah/                    (nilai penuh)/            Rupiah/
                                                         Foreign currency           Equivalent in              Foreign currency          Equivalent in
                                                           (full amount)              Rupiah                     (full amount)             Rupiah
                  Pihak berelasi (Catatan 39)                                                                                                                        Related parties (Note 39)
                  Rupiah                                                                            360                                                  104                           Rupiah
                  Pihak ketiga                                                                                                                                                     Third parties
                  Rupiah                                                                      19,843                                               39,880                                 Rupiah
                  Mata uang asing                                                                                                                                               Foreign currency
                    Dolar Amerika Serikat                       44,689,894                   719,284                  25,277,112                  389,192                United States Dollar
                    Dolar Singapura                              7,265,241                    86,054                   6,143,312                   71,731                     Singapore Dollar
                    Euro Eropa                                   2,563,998                    42,968                   2,198,005                   37,450                      European Euro
                    Dolar Australia                              2,737,431                    27,411                   4,210,283                   44,296                     Australian Dollar
                    Yuan China                                   8,834,732                    19,480                   5,249,073                   11,392                       Chinese Yuan
                    Yen Jepang                                 187,330,836                    19,301                 219,793,581                   23,930                       Japanese Yen
                    Poundsterling Inggris                          709,829                    14,352                   1,141,992                   22,413          Great Britain Poundsterling
                    Dolar Selandia Baru                            418,086                     3,791                     201,427                    1,967                 New Zealand Dollar
                    Dolar Hong Kong                                635,341                     1,317                   1,191,735                    2,349                   Hong Kong Dollar
                    Franc Swiss                                     69,114                     1,231                      64,050                    1,172                         Swiss Franc
                                                                                             955,032                                              645,772                    Total third parties
                  Total                                                                      955,392                                              645,876                                 Total
                  Cadangan kerugian penurunan nilai                                           (2,186)                                              (1,203)      Allowance for impairment losses

                  Neto                                                                       953,206                                              644,673                                   Net




                                                                                               55




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Page 439
               PT BANK MEGA TBK                                                                 PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                 (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                    For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                    December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                            (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                      Unless Otherwise Stated)

                b.      Berdasarkan Bank                                b.   By Bank

                                                          2024                 2023
                        Rupiah                                                                                         Rupiah
                        Pihak berelasi (Catatan 39)                                                  Related parties (Note 39)
                        PT Bank Pembangunan Daerah                                               PT Bank Pembangunan Daerah
                          Sulawesi Utara dan Gorontalo              300                 100     Sulawesi Utara dan Gorontalo
                        PT Bank Pembangunan Daerah                                               PT Bank Pembangunan Daerah
                          Sulawesi Tengah                            60                   4                 Sulawesi Tengah
                                                                    360                 104
                        Pihak ketiga                                                                              Third parties
                        PT Bank Central Asia Tbk                 19,647               37,932          PT Bank Central Asia Tbk
                        PT Bank Negara Indonesia                                                     PT Bank Negara Indonesia
                          (Persero) Tbk                             108                 109                    (Persero) Tbk
                        PT Standard Chartered                                                            PT Standard Chartered
                          Bank Indonesia                             26                  26                  Bank Indonesia
                        PT Bank Pembangunan                                                             PT Bank Pembangunan
                          Daerah Papua                               10                  11                   Daerah Papua
                        PT Bank Rakyat Indonesia                                                      PT Bank Rakyat Indonesia
                          (Persero) Tbk                               --                  11                   (Persero) Tbk
                        PT Bank Mandiri (Persero) Tbk                 5                    7      PT Bank Mandiri (Persero) Tbk
                        Lainnya                                      47                1,784                             Others
                                                                 19,843               39,880
                        Total - Rupiah                           20,203               39,984                      Total - Rupiah
                        Mata uang asing                                                                      Foreign currencies
                        Pihak ketiga                                                                                Third Parties
                        Citibank NA, Jakarta                 303,993                  78,212                 Citibank NA, Jakarta
                        Standard Chartered Bank,                                                       Standard Chartered Bank,
                           New York                          218,974               16,028                             New York
                        JP Morgan Chase, New York             94,876              134,965           JP Morgan Chase, New York
                        United Overseas Bank (UOB),                                                United Overseas Bank (UOB),
                           Singapura                             52,431            41,396                            Singapore
                        Citibank NA, New York                    43,379           104,003                 Citibank NA, New York
                        ING Belgium                              42,968            37,450                            ING Belgium
                        PT Bank Mandiri (Persero) Tbk            37,679            33,632         PT Bank Mandiri (Persero) Tbk
                        Development Bank of Singapore                                           Development Bank of Singapore,
                           (DBS), Singapura                      29,849               15,865                  (DBS) Singapore
                        ANZ Banking Bank Ltd,                                                            ANZ Banking Bank Ltd,
                           Melbourne                             27,411               44,296                        Melbourne
                        PT Bank Central Asia Tbk                 20,383               22,353           PT Bank Central Asia Tbk
                        Sumitomo Mitsui Banking                                                         Sumitomo Mitsui Banking
                           Corporation, Tokyo                    19,301               23,930               Corporation, Tokyo
                        Standard Chartered Bank, London          15,583               22,413   Standard Chartered Bank, London
                        Bank of China, Jakarta                   14,362                9,311              Bank of China, Jakarta
                        PT Bank ICBC Indonesia                    5,118                2,080            PT Bank ICBC Indonesia
                        ANZ Banking Bank Ltd,                                                            ANZ Banking Bank Ltd,
                           Selandia Baru                          3,791                1,967                      New Zealand
                        Standard Chartered Bank,                                                       Standard Chartered Bank,
                           Singapura                              3,774               14,470                         Singapore
                        Standard Chartered Bank,                                                      Standard Chartered Bank,
                           Hong Kong                           1,317                2,349                           Hong Kong
                        Credit Suisse AG, Zurich                   --               1,172               Credit Suisse AG, Zurich
                        Total - mata uang asing              935,189              605,892             Total - foreign currencies
                        Total                                955,392              645,876                                  Total
                        Cadangan kerugian penurunan                                                   Allowances for impairment
                          nilai                               (2,186)              (1,203)                               losses
                        Neto                                 953,206              644,673                                 Net




                                                                   56




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Page 440
         PT BANK MEGA TBK                                                                                    PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                     NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                    (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                                       For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                       December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                               (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                         Unless Otherwise Stated)

                 Giro pada bank lain dalam mata uang Rupiah                           Current accounts with other banks in Rupiah
                 (kecuali giro Rupiah pada bank lain untuk                            (except for Rupiah current accounts with other
                 wilayah Indonesia Bagian Timur), Dolar                               banks in East Region of Indonesia),
                 Hong Kong, Yen Jepang, Dolar Selandia Baru,                          Hong Kong Dollar, Japanese Yen, New
                 Franc Swiss, Poundsterling Inggris dan Euro                          Zealand Dollar, Swiss Franc, Great Britain
                 Eropa tidak mendapatkan bunga. Tingkat suku                          Poundsterling and European Euro are non-
                 bunga rata-rata setahun untuk giro pada bank                         interest bearing accounts. The average interest
                 lain dalam Rupiah dan mata uang asing lainnya                        rates per annum for current accounts with
                 adalah sebagai berikut:                                              other banks in Rupiah and other foreign
                                                                                      currencies are as follows:

                                                                2024                        2023
                  Rupiah                                               0.33%                        0.43%                                   Rupiah
                  Mata uang asing                                                                                                Foreign currencies
                    Dolar Amerika Serikat                              0.01%                        0.02%                   United States Dollar
                    Yuan Cina                                          0.55%                        0.72%                          Chinese Yuan
                    Dolar Singapura                                    0.00%                        0,03%                        Singapore Dollar
                    Poundsterling Inggris                              3.43%                        2.87%             Great Britain Poundsterling
                    Euro Eropa                                         2.67%                        1.89%                         European Euro

                 Kolektibilitas giro pada bank lain sesuai dengan                     Collectability current account with other banks
                 Peraturan        Otoritas    Jasa      Keuangan                      in accordance with Financial Services Authority
                 diungkapkan pada Catatan 49b.                                        Regulation are disclosed in Note 49b.

          c.     Perubahan nilai bruto            dan       cadangan           c.    Movement of gross carrying amount and
                 kerugian penurunan nilai                                            allowance for impairment losses

                 Perubahan nilai bruto                                               Movement of gross carrying amount

                                                                          2024
                                                  Stage 1       Stage 2          Stage 3           Total
                  Nilai tercatat bruto awal                                                                              Initial gross carrying amount
                    1 Januari 2024                  645,876               --               --       645,876                      as at January 1, 2024
                  Aset keuangan baru                      --              --               --             --                         New financial assets
                  Pengukuran kembali bersih*)       294,067               --               --       294,067                         Net remeasurement*)
                  Total perubahan nilai bruto                                                                      Changes in gross carrying amount
                    tahun berjalan                  294,067               --               --       294,067                            for the year
                  Dampak valuta asing                15,449               --               --        15,449                        Foreign exchange
                  Nilai tercatat bruto akhir        955,392               --               --       955,392           Ending gross carrying amount


                                                                          2023
                                                  Stage 1       Stage 2          Stage 3           Total
                  Nilai tercatat bruto awal                                                                              Initial gross carrying amount
                    1 Januari 2023                   758,773              --               --        758,773                     as at January 1, 2023
                  Aset keuangan baru                       --             --               --              --                        New financial assets
                  Pengukuran kembali bersih*)      (109,173)              --               --      (109,173)                        Net remeasurement*)
                  Total perubahan nilai bruto                                                                      Changes in gross carrying amount
                    tahun berjalan                 (109,173)              --               --      (109,173)                           for the year
                  Dampak valuta asing                 (3,724)             --               --         (3,724)                      Foreign exchange
                  Nilai tercatat bruto akhir         645,876              --               --        645,876          Ending gross carrying amount

                 *) Termasuk di dalam pengukuran kembali bersih adalah                             Including in the net remeasurement is repayment*)
                    pembayaran kembali




                                                                          57




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Page 441
               PT BANK MEGA TBK                                                                                               PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                               (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                                  For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                                  December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                          (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                                    Unless Otherwise Stated)

                        Perubahan cadangan kerugian penurunan nilai                                    Movement of allowance for impairment losses

                                                                                           2024
                                                               Stage 1           Stage 2          Stage 3        Total
                         Saldo awal                                1,203                   --               --         1,203                      Beginning balance
                         Aset keuangan baru                            --                  --               --             --                   New financial assets
                         Pengukuran kembali bersih                   925                   --               --           925                     Net remeasurement
                         Total perubahan tahun berjalan              925                   --               --           925                   Changes for the year
                         Dampak valuta asing                          58                   --               --            58                      Foreign exchange
                         Saldo akhir                               2,186                   --               --         2,186                       Ending balance


                                                                                           2023
                                                               Stage 1           Stage 2          Stage 3        Total
                         Saldo awal                                1,153                   --               --         1,153                      Beginning balance
                         Aset keuangan baru                            --                  --               --             --                   New financial assets
                         Pengukuran kembali bersih                    60                   --               --            60                     Net remeasurement
                         Total perubahan tahun berjalan                60                  --               --             60                  Changes for the year
                         Dampak valuta asing                         (10)                  --               --           (10)                     Foreign exchange
                         Saldo akhir                               1,203                   --               --         1,203                       Ending balance


                        Manajemen     Bank    berpendapat      bahwa                                    The Bank’s management believed that
                        cadangan kerugian penurunan nilai untuk tahun                                   allowance for impairment losses in 2024 and
                        2024 dan 2023 telah memadai.                                                    2023 is adequate.

                        Informasi mengenai jatuh tempo diungkapkan                                      Information in respect of maturities are
                        pada Catatan 45e. Informasi mengenai                                            disclosed in Note 45e. Information with regards
                        klasifikasi dan nilai wajar diungkapkan pada                                    to the classification and fair value are disclosed
                        Catatan 44.                                                                     in Note 44.

                        Pada tanggal 31 Desember 2024 dan 2023,                                         As of December 31, 2024 and 2023, there
                        tidak terdapat giro pada bank lain yang                                         were no current accounts with other banks
                        dijaminkan.                                                                     which were pledged.


                7.      Penempatan pada Bank Indonesia dan Bank                                   7.    Placements with Bank Indonesia and Other
                        Lain                                                                            Banks

                        Penempatan pada Bank Indonesia dan bank                                         Placements with Bank Indonesia and other
                        lain terdiri dari:                                                              banks as follows:

                a.      Berdasarkan pihak, mata uang, dan jenis                                  a.     Based on counterparties, currency, and type
                                                                                  31 Desember/December 31 ,
                                                                        2024                                          2023
                                                     Mata uang asing            Ekuivalen          Mata uang asing            Ekuivalen
                                                       (nilai penuh)/            Rupiah/             (nilai penuh)/            Rupiah/
                                                     Foreign currency          Equivalent in       Foreign currency          Equivalent in
                                                       (full amount)             Rupiah              (full amount)             Rupiah

                        Pihak ketiga                                                                                                                      Third party
                        Rupiah                                                                                                                                 Rupiah
                        Penempatan pada                                                                                                              Placements with
                          Bank Indonesia                                                                                                            Bank Indonesia
                          Fasilitas simpanan                                                                                                      Deposits facility of
                            Bank Indonesia                                             509,926                                     2,349,657      Bank Indonesia
                                                                                       509,926                                     2,349,657




                                                                                           58




LK_AR Bank MEGA 2024_INA.indd 69                                                                                                                                    05/03/25 02.22
Page 442
         PT BANK MEGA TBK                                                                                            PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                            (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                                               For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                               December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                                       (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                                 Unless Otherwise Stated)

                                                                          31 Desember/December 31 ,
                                                                2024                                          2023
                                             Mata uang asing            Ekuivalen          Mata uang asing            Ekuivalen
                                               (nilai penuh)/            Rupiah/             (nilai penuh)/            Rupiah/
                                             Foreign currency          Equivalent in       Foreign currency          Equivalent in
                                               (full amount)             Rupiah              (full amount)             Rupiah
                  Penempatan pada                                                                                                                      Placements with
                   bank lain                                                                                                                             other banks
                   Interbank call money                                                                                                         Interbank call money
                     Citibank NA, Jakarta                                            --                                      906,343          Citibank NA, Jakarta
                     PT Bank OCBC NISP Tbk                                           --                                      100,000      PT Bank OCBC NISP Tbk
                                                                                     --                                    1,006,343
                                                                               509,926                                     3,356,000
                  Mata uang asing                                                                                                                   Foreign currency
                  - Dolar AS                                                                                                                               - US Dollar
                  Penempatan pada                                                                                                                     Placements with
                    Bank Indonesia                                                                                                                   Bank Indonesia
                    Deposito berjangka                                                                                                             Term Deposits of
                      Bank Indonesia                20,000,000                 321,900                                               --            Bank Indonesia
                                                                               321,900                                               --
                  Total                                                        831,826                                     3,356,000                             Total
                  Cadangan kerugian                                                                                                                      Allowance for
                    penurunan nilai                                                  --                                       (3,373)              impairment losses
                  Neto                                                         831,826                                     3,352,627                               Net


          b.     Informasi mengenai jatuh tempo diungkapkan                               b.    Information in respect of maturities are
                 pada Catatan 45e. Informasi mengenai                                           disclosed in Note 45e. Information with regard
                 klasifikasi dan nilai wajar diungkapkan pada                                   to the classification and fair value are
                 Catatan 44.                                                                    disclosed in Note 44.

                 Tingkat suku bunga rata-rata tertimbang                                        The weighted average of interest rate per
                 setahun untuk penempatan adalah sebagai                                        annum for placements were as follows:
                 berikut:
                                                                          2024                      2023
                  Rupiah                                                         5.81%                     5.38%                                           Rupiah
                  Mata uang asing                                                                                                                Foreign currency
                    Dolar Amerika Serikat                                        5.04%                     4.93%                            United States Dollar

                 Kolektibilitas penempatan pada Bank Indonesia                                  Collectibility placement with Bank Indonesia
                 dan bank lain sesuai Peraturan Otoritas Jasa                                   and other banks in accordance with Financial
                 Keuangan diungkapkan pada Catatan 49c.                                         Services Authority Regulation are disclosed in
                                                                                                Note 49c.

                 Pada tahun 2024 Bank tidak membentuk                                           In 2024, the Bank did not establish an
                 cadangan kerugian penurunan nilai.                                             allowance for impairment losses.

                 Manajemen     Bank    berpendapat      bahwa                                   The Bank’s management believed that
                 cadangan kerugian penurunan nilai untuk tahun                                  allowance for impairment losses in 2023 is
                 2023 telah memadai.                                                            adequate.




                                                                                   59




LK_AR Bank MEGA 2024_INA.indd 70                                                                                                                                         05/03/25 02.22
Page 443
               PT BANK MEGA TBK                                                                                         PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                         (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                            For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                            December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                    (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                              Unless Otherwise Stated)

                c.      Perubahan nilai bruto             dan        cadangan              c.   Movement of gross carrying                           amount
                        kerugian penurunan nilai                                                allowance for impairment losses

                        Perubahan nilai bruto                                                   Movement of gross carrying amount
                                                                                    2024
                                                           Stage 1        Stage 2          Stage 3          Total
                         Nilai tercatat bruto awal                                                                               Initial gross carrying amount
                           1 Januari 2024                    3,356,000              --               --      3,356,000                   as at January 1, 2024
                         Aset keuangan baru                 85,199,631              --               --     85,199,631                       New financial assets
                         Pengukuran kembali bersih*)      (87,723,805)              --               --   (87,723,805)                      Net remeasurement*)
                         Total perubahan nilai bruto                                                                        Changes in gross carrying amount
                           tahun berjalan                  (2,524,174)              --               --    (2,524,174)                          for the year
                         Dampak valuta asing                         --             --               --              --                     Foreign exchange
                         Nilai tercatat bruto akhir            831,826              --               --        831,826         Ending gross carrying amount


                                                                                    2023
                                                           Stage 1        Stage 2          Stage 3          Total
                         Nilai tercatat bruto awal                                                                               Initial gross carrying amount
                           1 Januari 2023                    9,164,176              --               --      9,164,176                   as at January 1, 2023
                         Aset keuangan baru                  1,006,343              --               --      1,006,343                       New financial assets
                         Pengukuran kembali bersih*)       (6,832,763)              --               --    (6,832,763)                      Net remeasurement*)
                         Total perubahan nilai bruto                                                                        Changes in gross carrying amount
                           tahun berjalan                  (5,826,420)              --               --    (5,826,420)                          for the year
                         Dampak valuta asing                    18,244              --               --         18,244                      Foreign exchange
                         Nilai tercatat bruto akhir          3,356,000              --               --      3,356,000         Ending gross carrying amount

                        *) Termasuk di dalam pengukuran kembali bersih adalah                              Including in the net remeasurement is repayment*)
                           pembayaran kembali

                        Perubahan cadangan kerugian penurunan nilai                        Movement of allowance for impairment losses
                                                                                    2024
                                                           Stage 1        Stage 2          Stage 3          Total
                         Saldo awal                              3,373              --                           3,373                       Beginning balance
                         Aset keuangan baru                          --             --                               --                    New financial assets
                         Pengukuran kembali bersih             (3,373)              --                         (3,373)                      Net remeasurement
                         Total perubahan tahun berjalan        (3,373)              --               --        (3,373)                   Changes for the year
                         Dampak valuta asing                        --              --               --             --                      Foreign exchange
                         Saldo akhir                                --              --               --             --                       Ending balance


                                                                                    2023
                                                           Stage 1        Stage 2          Stage 3          Total
                         Saldo awal                                  --             --                               --                      Beginning balance
                         Aset keuangan baru                      3,373              --                           3,373                     New financial assets
                         Pengukuran kembali bersih                   --             --                               --                     Net remeasurement
                         Total perubahan tahun berjalan          3,373              --               --          3,373                   Changes for the year
                         Dampak valuta asing                         --             --               --              --                     Foreign exchange
                         Saldo akhir                             3,373              --               --          3,373                       Ending balance



                        Pada tanggal 31 Desember 2024 dan 2023                                  As of December 31, 2024 and 2023, there
                        tidak terdapat penempatan pada Bank                                     were no placements with Bank Indonesia and
                        Indonesia dan bank lain yang dijaminkan.                                other banks which were pledged.




                                                                                    60




LK_AR Bank MEGA 2024_INA.indd 71                                                                                                                                05/03/25 02.22
Page 444
         PT BANK MEGA TBK                                                                                                               PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                                                NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                                               (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                                                                  For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                                                  December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                                                          (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                                                    Unless Otherwise Stated)

         8.      Efek-Efek                                                                               8.        Securities

                 Efek-efek terdiri dari:                                                                           Securities consist of:
          a.     Berdasarkan jenis dan mata uang                                                         a.        Based on type and currency
                                                                                        31 Desember/December 31 ,
                                                                            2024                                               2023
                                                                                    Nilai tercatat/                                     Nilai tercatat/
                                                                                     Nilai wajar/                                        Nilai wajar
                                                           Nilai Nominal/          Carrying value/            Nilai Nominal/           Carrying value/
                                                           Nominal value             Fair Value               Nominal value              Fair Value
                  Pihak berelasi                                                                                                                                                Related parties
                  Nilai wajar melalui penghasilan                                                                                                                      Fair value through other
                    komprehensif lain                                                                                                                                 comprehensive income
                    Rupiah                                                                                                                                                            Rupiah
                    Obligasi korporasi                              200,000                   198,832                  200,000                    198,288                     Corporate bonds
                  Pihak ketiga                                                                                                                                                     Third parties
                  Nilai wajar melalui laba rugi                                                                                                                Fair value through profit or loss
                    Rupiah                                                                                                                                                             Rupiah
                    Obligasi Pemerintah                                                                                                                                Indonesian Government
                      Indonesia                                    2,784,482                2,719,686                 2,000,278                 2,071,612                            Bonds
                    Obligasi Ritel Indonesia                          17,975                   17,898                     4,047                     3,973              Indonesian Retail bonds
                    Sekuritas Rupiah Bank Indonesia                  855,664                  812,913                         --                        --   Bank Indonesian Rupiah Securities
                                                                   3,658,121                3,550,497                 2,004,325                 2,075,585
                    Mata uang asing                                                                                                                                        Foreign currencies
                    Obligasi Republik Indonesia                         6,760                    6,154                     91,535                  81,127          Republic of Indonesia Bonds
                                                                        6,760                    6,154                     91,535                  81,127
                  Total - nilai wajar melalui                                                                                                                          Total - fair value through
                    laba rugi                                      3,664,881                3,556,651                 2,095,860                 2,156,712                          profit or loss
                  Nilai wajar melalui penghasilan                                                                                                                       Fair value through other
                    komprehensif lain                                                                                                                                 comprehensive income
                    Rupiah                                                                                                                                                                Rupiah
                    Obligasi Pemerintah Indonesia                35,914,962               35,885,064                28,983,355                29,886,356        Indonesian Government Bonds
                    Obligasi Ritel Indonesia                        300,000                  299,274                   300,000                   294,276               Indonesian Retail Bonds
                    Obligasi Korporasi                                5,200                    5,214                    18,700                    18,764                       Corporate bonds
                    Sekuritas Rupiah Bank Indonesia               9,852,858                9,470,754                 5,188,424                 4,938,409     Bank Indonesian Rupiah Securities
                                                                 46,073,020               45,660,306                34,490,479                35,137,805
                  Mata uang asing                                                                                                                                            Foreign currencies
                   Obligasi Republik Indonesia                      104,617                    87,821                  146,272                    131,783          Republic of Indonesia bonds
                                                                    104,617                    87,821                  146,272                    131,783
                  Total - nilai wajar melalui                                                                                                                    Total - fair value through other
                    penghasian komprehensif lain                 46,177,637               45,748,127                34,636,751                35,269,588              comprehensive income
                  Total efek-efek                                                         49,503,610                                          37,624,588                         Total securities
                  Cadangan kerugian penurunan nilai                                                --                                                  --        Allowance for impairment losses
                  Neto                                                                    49,503,610                                          37,624,588                                     Net



          b.     Berdasarkan peringkat                                                                   b.        Based on rating
                 Rincian peringkat obligasi korporasi pada                                                         The ratings of corporate bonds as of
                 tanggal 31 Desember 2024 dan 2023 adalah                                                          December 31, 2024 and 2023 are as follows:
                 sebagai berikut:
                                                                                        31 Desember/December 31 ,
                                                                            2024                                                2023
                                                             Peringkat/                Jumlah/                  Peringkat/                 Jumlah/
                                                              Rating                    Total                    Rating                     Total
                  Nilai wajar melalui penghasilan                                                                                                                       Fair value through other
                  komprehensif lain                                                                                                                                      comprehensive income
                  Rupiah                                                                                                                                                                  Rupiah
                  PT Bank Pembangunan Daerah                                                                                                                      PT Bank Pembangunan Daerah
                    Sulawesi Utara dan Gorontalo               A(idn)                         198.832             A(idn)                          198.288        Sulawesi Utara dan Gorontalo
                  PT Indah Kiat Pulp & Paper Tbk               idA+                             5.214             idA+                              5.226        PT Indah Kiat Pulp & Paper Tbk
                  PT Bank Pan Indonesia Tbk                                                         --            idA+                             13.538            PT Bank Pan Indonesia Tbk
                  Total - nilai wajar melalui penghasian                                                                                                         Total - fair value through other
                  komprehensif lain                                                           204.046                                             217.052                comprehensive income


                 Lembaga pemeringkat untuk obligasi yang                                                           The rating agency for bonds issued by
                 diterbitkan oleh PT Bank Pan Indonesia Tbk,                                                       PT Bank Pan Indonesia Tbk, and PT Indah
                 dan PT Indah Kiat Pulp & Paper Tbk adalah                                                         Kiat Pulp & Paper Tbk was PT Pefindo.
                 PT Pefindo.
                 Lembaga pemeringkat untuk obligasi yang                                                           The rating agency for bonds issued by
                 diterbitkan oleh PT Bank Pembangunan                                                              PT Bank Pembangunan Daerah Sulawesi
                 Daerah Sulawesi Utara dan Gorontalo adalah                                                        Utara dan Gorontalo was PT Fitch Ratings
                 PT Fitch Ratings Indonesia.                                                                       Indonesia.

                                                                                                  61




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Page 445
               PT BANK MEGA TBK                                                                           PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                           (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                              For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                              December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                      (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                Unless Otherwise Stated)

                c.      Tingkat suku bunga rata-rata tertimbang                  c.   The weighted average interest rates per
                        setahun untuk obligasi korporasi adalah                       annum for corporate bonds are as follows:
                        sebagai berikut:

                                                                  2024                  2023
                                                                   %                     %
                                                                         7.89%                 7.76%
                        Rupiah                                                                                                  Rupiah

                d.      Pada tanggal 31 Desember 2024, Obligasi                  d.   As of December 31, 2024, Bank’s Government
                        Pemerintah Bank dalam Rupiah yang                             Bonds in Rupiah classified as fair value
                        diklasifikasikan sebagai nilai wajar melalui laba             through profit or loss and fair value through
                        rugi dan nilai wajar melalui penghasilan                      other comprehensive income will mature on
                        komprehensif lain akan jatuh tempo pada                       various dates between 2025 to 2054 with
                        berbagai tanggal antara tahun 2025 sampai                     interest rates between 6.25% to 10.50% per
                        dengan 2054 dengan tingkat suku bunga                         annum.
                        berkisar antara 6,25% sampai dengan 10,50%
                        per tahun.

                        Pada tanggal 31 Desember 2023, Obligasi                       As of December 31, 2023, Bank’s Government
                        Pemerintah Bank dalam Rupiah yang                             Bonds in Rupiah classified as fair value
                        diklasifikasikan sebagai nilai wajar melalui laba             through profit or loss and fair value through
                        rugi dan nilai wajar melalui penghasilan                      other comprehensive income will mature on
                        komprehensif lain akan jatuh tempo pada                       various dates between 2024 to 2051 with
                        berbagai tanggal antara tahun 2024 sampai                     interest rates between 4.90% to 11.00% per
                        dengan 2051 dengan tingkat suku bunga                         annum.
                        berkisar antara 4,90% sampai dengan 11,00%
                        per tahun.

                        Pembayaran bunga atas obligasi pemerintah                     The interest payment of the fixed rate
                        dengan suku bunga tetap tersebut dilakukan                    government bonds is collectible every 6
                        setiap 6 bulan, dimana Bank Indonesia                         months, with Bank Indonesia acting as the
                        bertindak selaku agen pembayaran.                             payment agent.

                e.      Pada tanggal 31 Desember 2024, Obligasi                  e.   As of December 31, 2024, Bank’s Government
                        Pemerintah Bank dalam Dolar Amerika Serikat                   Bonds in United States Dollar classified as fair
                        yang diklasifikasikan sebagai nilai wajar melalui             value through profit or loss and fair value
                        laba rugi dan nilai wajar melalui penghasilan                 through other comprehensive income will
                        komprehensif lain akan jatuh tempo pada                       mature on various dates between 2031 to
                        berbagai tanggal antara tahun 2031 sampai                     2054 with interest rates ranging from 2.15% to
                        dengan 2054 dengan tingkat suku bunga                         5.125% per annum.
                        berkisar antara 2,15% sampai dengan 5,125%
                        per tahun.

                        Pada tanggal 31 Desember 2023, Obligasi                       As of December 31, 2023, Bank’s Government
                        Pemerintah Bank dalam Dolar Amerika Serikat                   Bonds in United States Dollar classified as fair
                        yang diklasifikasikan sebagai nilai wajar melalui             value through profit or loss and fair value
                        laba rugi dan nilai wajar melalui penghasilan                 through other comprehensive income will
                        komprehensif lain akan jatuh tempo pada                       mature on various dates between 2024 to 2071
                        berbagai tanggal antara tahun 2024 sampai                     with interest rates ranging from 2.15% to
                        dengan 2071 dengan tingkat suku bunga                         5.45% per annum.
                        berkisar antara 2,15% sampai dengan 5,45%
                        per tahun.




                                                                            62




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Page 446
         PT BANK MEGA TBK                                                                                      PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                      (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                                         For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                         December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                                 (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                           Unless Otherwise Stated)

                 Pembayaran bunga atas obligasi pemerintah                             The interest payment of the fixed rate
                 dengan suku bunga tetap tersebut dilakukan                            government bonds is collectible every 6
                 setiap 6 bulan, dimana Bank Indonesia                                 months, with Bank Indonesia acting as the
                 bertindak selaku agen pembayaran.                                     payment agent.

          f.     Informasi mengenai jatuh tempo efek-efek                        f.    Information in respect of maturities for
                 diungkapkan pada Catatan 45e. Informasi                               securities are disclosed in Note 45e.
                 mengenai    klasifikasi dan  nilai wajar                              Information with regards to the classification
                 diungkapkan pada Catatan 44.                                          and fair value are disclosed in Note 44.

          g.     Perubahan keuntungan/(kerugian) yang belum                      g.    Unrealized gains/(loss) from changes in fair
                 direalisasi atas efek-efek yang diklasifikasikan                      values through other comprehensive income
                 sebagai nilai wajar melalui penghasilan                               securities are as follows:
                 komprehensif lain adalah sebagai berikut:

                                                                  2024                           2023

                  Saldo awal                                           141,741                     (354,703)                        Beginning balance
                  Perubahan nilai wajar                              (860,148)                       611,851                     Changes in fair value
                  Cadangan kerugian penurunan                                                                               Allowance for impairment
                   nilai (Catatan 8.i)                                          749                        844                       losses (Note 8.i)
                  Pajak penghasilan                                                                                                          Income tax
                   yang akan direklasifikasikan                                                                               which will reclassified
                    ke laba rugi (Catatan 21.f)                        163,268                     (116,251)             to profit or loss (Note 21.f)
                  Saldo akhir                                        (554,390)                       141,741                           Ending balance



          h.     Kolektibilitas efek-efek sesuai Peraturan                       h.    Collectibility securities in accordance with
                 Otoritas Jasa Keuangan diungkapkan pada                               Financial Services Authority Regulation are
                 Catatan 49d.                                                          disclosed in Note 49d.

          i.     Perubahan nilai bruto            dan       cadangan             i.    Movement of gross carrying amount and
                 kerugian penurunan nilai                                              allowance for impairment losses

                 Perubahan nilai bruto                                                 Movement of gross carrying amount

                                                                           2024
                                                  Stage 1        Stage 2          Stage 3               Total
                  Nilai tercatat bruto awal                                                                                Initial gross carrying amount
                    1 Januari 2024                  37,624,588             --               --       37,624,588                    as at January 1, 2024
                  Aset keuangan baru                45,149,261             --               --       45,149,261                        New financial assets
                  Pengukuran kembali bersih*)     (33,274,314)             --               --     (33,274,314)                       Net remeasurement*)
                  Total perubahan nilai bruto                                                                        Changes in gross carrying amount
                    tahun berjalan                 11,874,947              --               --      11,874,947                           for the year
                  Dampak valuta asing                   4,075              --               --           4,075                       Foreign exchange
                  Nilai tercatat bruto akhir       49,503,610              --               --      49,503,610          Ending gross carrying amount


                                                                           2023
                                                  Stage 1        Stage 2          Stage 3               Total
                  Nilai tercatat bruto awal                                                                                Initial gross carrying amount
                    1 Januari 2023                 39,177,941              --               --      39,177,941                     as at January 1, 2023
                  Aset keuangan baru                        --             --               --               --                        New financial assets
                  Pengukuran kembali bersih*)      (1,551,067)             --               --      (1,551,067)                       Net remeasurement*)
                  Total perubahan nilai bruto                                                                        Changes in gross carrying amount
                    tahun berjalan                 (1,551,067)             --               --      (1,551,067)                          for the year
                  Dampak valuta asing                  (2,286)             --               --          (2,286)                      Foreign exchange
                  Nilai tercatat bruto akhir       37,624,588              --               --      37,624,588          Ending gross carrying amount

                 *) Termasuk di dalam pengukuran kembali bersih adalah                              Including in the net remeasurement is repayment*)
                    pembayaran kembali




                                                                           63




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               PT BANK MEGA TBK                                                                                                                       PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                                                        NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                                                       (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                                                          For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                                                          December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                                                  (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                                                            Unless Otherwise Stated)

                        Perubahan cadangan kerugian penurunan nilai                                                           Movement of allowance for impairment losses

                                                                                                              2024
                                                                               Stage 1            Stage 2            Stage 3                Total
                         Saldo awal                                                   844                    --                    --                  844                                      Beginning balance
                         Aset keuangan baru                                             --                   --                    --                    --                                   New financial assets
                         Pengukuran kembali bersih                                    (95)                   --                    --                  (95)                                    Net remeasurement
                         Total perubahan tahun berjalan                               (95)                   --                    --                  (95)                              Changes for the year
                         Dampak valuta asing                                            --                   --                    --                    --                                 Foreign exchange
                         Saldo akhir                                                  749                    --                    --                  749                                   Ending balance


                                                                                                              2023
                                                                               Stage 1            Stage 2                Stage 3               Total
                         Saldo awal                                                   915                     --                   --                  915                                       Beginning balance
                         Aset keuangan baru                                             --                    --                   --                    --                                    New financial assets
                         Pengukuran kembali bersih                                    (71)                    --                   --                  (71)                                     Net remeasurement
                         Total perubahan tahun berjalan                               (71)                    --                   --                  (71)                              Changes for the year
                         Dampak valuta asing                                            --                    --                   --                    --                                 Foreign exchange
                         Saldo akhir                                                  844                     --                   --                  844                                   Ending balance


                        Cadangan kerugian penurunan nilai atas efek-                                                          Allowance for impairment losses on securities
                        efek dibentuk atas efek-efek yang diukur pada                                                         is established for securities measured at fair
                        nilai wajar melalui penghasilan komprehensif                                                          value through other comprehensive income, so
                        lain, sehingga disajikan pada akun penghasilan                                                        the    amount     is  presented    in   other
                        komprehensif lain (Catatan 8.g).                                                                      comprehensive income (Note 8.g).

                        Manajemen     Bank    berpendapat      bahwa                                                          The Bank’s management believed that
                        cadangan kerugian penurunan nilai untuk tahun                                                         allowance for impairment losses in 2024 and
                        2024 dan 2023 telah memadai.                                                                          2023 is adequate.

                j.      Pada tanggal 31 Desember 2024 dan 2023,                                                     j.        As of December 31, 2024 and 2023, there
                        tidak terdapat efek-efek yang dijaminkan.                                                             were no securities which were pledged.


                9.      Efek-Efek yang Dibeli dengan Janji Dijual                                                    9.       Securities Purchased Under Agreement to
                        Kembali                                                                                               Resell

                        Pada 31 Desember 2024 dan 2023, efek-efek                                                             As of December 31, 2024 and 2023, securities
                        yang dibeli dengan janji dijual kembali masing-                                                       purchased under agreement to resell
                        masing sebesar Rp1.389.981 dan Rp7.215.441                                                            amounting to Rp1,389,981 and Rp7,215,441,
                        dengan detail sebagai berikut:                                                                        respectively with detail as follows:
                                                                                                      31 Desember/December 31, 2024
                                                                                                                                                                              Pendapatan
                                                                                                                                                             Nilai             bunga yang
                                                                                                                                                          penjualan               belum
                                                                                 Nilai nominal/            Tanggal                 Tanggal                 kembali/           diamortisasi/          Nilai tercatat/
                                  Nasabah/               Jenis efek-efek/           Nominal                dimulai/             jatuh tempo/                Resale            Unamortized              Carrying
                                 Counterparty           Type of securities          amount               Starting date            Due date                 amount                interest                value

                        Pihak ketiga/ Third Parties
                        PT Standard Charterred                 SRBI/                                     18 Desember/             2 Januari/
                          Bank Jakarta                         SRBI                          10.000    December 18, 2024       January 2, 2025                        9.825                    (2)                9.823
                                                               SRBI/                                     18 Desember/             2 Januari/
                        PT Bank Kalteng
                                                               SRBI                          80.000    December 18, 2024       January 2, 2025                    76.899                      (14)              76.885
                                                        Obligasi Pemerintah/                             20 Desember/            10 Januari/
                        PT Bank KB Bukopin Tbk
                                                        Government bonds                  250.000      December 20, 2024      January 10, 2025                  262.390                  (431)                 261.959
                                                               SRBI/                                     23 Desember/             6 Januari/
                        PT Bank Pan Indonesia Tbk
                                                               SRBI                      1.000.000     December 23, 2024       January 6, 2025                  997.184                  (884)                 996.300
                                                        Obligasi Pemerintah/                             27 Desember/            10 Januari/
                        PT Bank MNC International Tbk
                                                        Government bonds                    50.000     December 27, 2024      January 10, 2025                    45.087                   (73)                 45.014
                        Total                                                            1.390.000                                                             1.391.385                (1.404)              1.389.981




                                                                                                              64




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         PT BANK MEGA TBK                                                                                                                   PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                                                    NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                                                   (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                                                                      For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                                                      December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                                                              (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                                                        Unless Otherwise Stated)
                                                                                                 31 Desember/December 31, 2023
                                                                                                                                                           Pendapatan
                                                                                                                                             Nilai          bunga yang
                                                                                                                                          penjualan            belum
                                                                              Nilai nominal/          Tanggal               Tanggal        kembali/        diamortisasi/       Nilai tercatat/
                             Nasabah/                   Jenis efek-efek/         Nominal              dimulai/           jatuh tempo/       Resale         Unamortized           Carrying
                            Counterparty               Type of securities        amount             Starting date          Due date        amount             interest             value

                  Pihak ketiga/ Third Parties
                                                       Obligasi Pemerintah/                         13 Desember/           5 Januari/
                  PT Bank Pan Indonesia Tbk
                                                       Government bonds              1,300,000    December 13, 2023     January 5, 2024        1,225,378              (866)            1,224,512
                                                       Obligasi Pemerintah/                         15 Desember/           3 Januari/
                  PT Bank Pan Indonesia Tbk
                                                       Government bonds              1,100,000    December 15, 2023     January 3, 2024        1,036,011              (365)            1,035,646
                                                       Obligasi Pemerintah/                         19 Desember/           5 Januari/
                  PT Bank Pan Indonesia Tbk
                                                       Government bonds              1,500,000    December 19, 2023     January 5, 2024        1,414,051              (990)            1,413,061
                                                       Obligasi Pemerintah/                         20 Desember/           3 Januari/
                  PT Bank Victoria International Tbk
                                                       Government bonds                500,000    December 20, 2023     January 3, 2024         501,452               (176)              501,276
                                                       Obligasi Pemerintah/                         22 Desember/          10 Januari/
                  PT Bank Pan Indonesia Tbk
                                                       Government bonds              1,210,000    December 22, 2023    January 10, 2024        1,143,876             (1,796)           1,142,080
                                                       Obligasi Pemerintah/                         29 Desember/           5 Januari/
                  Bank Indonesia
                                                       Government bonds              2,000,000    December 29, 2023     January 5, 2024        1,900,131             (1,265)           1,898,866
                  Total                                                              7,610,000                                                 7,220,899             (5,458)           7,215,441



                 Pada tanggal 31 Desember 2024 dan 2023,                                                              As of December 31, 2024 and 2023, the
                 Manajemen Bank berpendapat bahwa tidak                                                               Bank's Management believes that there was
                 terdapat penurunan nilai pada efek-efek yang                                                         no impairment in securities purchased under
                 dibeli dengan janji dijual kembali, sehingga                                                         agreement to resell so allowance for
                 cadangan kerugian penurunan nilai tidak                                                              impairment on losses was not established.
                 dibentuk.

                 Kolektibilitas efek-efek yang dibeli dengan janji                                                    Collectibility securities purchased under
                 dijual kembali sesuai Peraturan Otoritas Jasa                                                        agreements to resell in accordance with
                 Keuangan diungkapkan pada Catatan 49e.                                                               Financial Services Authority Regulation are
                                                                                                                      disclosed in Note 49e.

                 Informasi mengenai jatuh tempo diungkapkan                                                           Information in respect of maturities are
                 pada Catatan 45e. Informasi mengenai                                                                 disclosed in Note 45e. Information with regards
                 klasifikasi dan nilai wajar diungkapkan pada                                                         to the classification and fair value are disclosed
                 Catatan 44.                                                                                          in Note 44.

                 Tingkat suku bunga rata-rata tertimbang                                                              The weighted average of interest rate per
                 setahun untuk efek-efek yang dibeli dengan                                                           annum for securities purchased under
                 janji dijual kembali untuk tahun yang berakhir                                                       agreement to resell for the years ended
                 31 Desember 2024 dan 2023 masing-masing                                                              December 31, 2024 and 2023 were 6.49% and
                 adalah 6,49% dan 6,18%.                                                                              6.18%, respectively.




                                                                                                        65




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Page 449
               PT BANK MEGA TBK                                                                                 PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                 (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                    For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                    December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                            (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                      Unless Otherwise Stated)

                10.     Tagihan dan Liabilitas Derivatif                           10. Derivatives Receivable and Payable

                        Ikhtisar atas tagihan derivatif dan liabilitas                    The summary of derivative receivable and
                        derivatif pada tanggal 31 Desember 2024 dan                       derivative payable as of December 31, 2024
                        2023 adalah sebagai berikut:                                      and 2023 is as follows:

                                                                    31 Desember/December 31, 2024
                                                      Nilai nosional
                                                   (kontrak) (ekuivalen           Nilai Wajar/Fair Value
                                                       dengan Rp)/            Tagihan                Liabilitas
                                                     Notional amount          derivatif/              derivatif/
                                                        (contract)           Derivative              Derivative
                        Transaksi                   (equivalent to Rp)       receivable               payable                                   Transactions

                        Terkait nilai tukar                                                                                Related to exchange rate contracts
                        Pihak berelasi                                                                                                        Related parties
                        Spot - jual                                                                                                                 Spot - sell
                          Dolar Amerika Serikat                 32,190                    104                         --                United States Dollar
                        Forward - beli                                                                                                          Forward - buy
                          Dolar Amerika Serikat                185,133                   1,997                        --                United States Dollar
                                                                                         2,101                        --
                        Pihak ketiga                                                                                                            Third parties
                        Swap                                                                                                                           Swap
                          Dolar Amerika Serikat              8,455,049                 37,371                107,302                  United States Dollar
                          Mata uang asing lain                 970,796                    602                 10,699               Other foreign currencies
                        Spot - beli                                                                                                                Spot - buy
                          Dolar Amerika Serikat                 24,387                      16                        31              United States Dollar
                          Mata uang asing lain                 424,498                       --                    1,552           Other foreign currencies
                        Spot - jual                                                                                                                Spot - sell
                          Dolar Amerika Serikat                401,651                   1,625                        --              United States Dollar
                          Mata uang asing lain                  10,014                      35                        --           Other foreign currencies
                        Forward - beli                                                                                                         Forward - buy
                          Dolar Amerika Serikat                758,396                   6,981                     1,241              United States Dollar
                        Forward - jual                                                                                                          Forward - sell
                          Dolar Amerika Serikat                 17,704                      3                    234                  United States Dollar
                                                                                       46,633                121,059
                        Total                                                          48,734                121,059                                     Total


                                                                    31 Desember/December 31, 2023
                                                      Nilai nosional
                                                   (kontrak) (ekuivalen           Nilai Wajar/Fair Value
                                                       dengan Rp)/            Tagihan                Liabilitas
                                                     Notional amount          derivatif/              derivatif/
                                                        (contract)           Derivative              Derivative
                        Transaksi                   (equivalent to Rp)       receivable               payable                                    Transactions

                        Terkait nilai tukar                                                                                Related to exchange rate contracts
                        Pihak ketiga                                                                                                             Third parties
                        Swap                                                                                                                            Swap
                          Dolar Amerika Serikat               3,453,054                 16,826                 11,406                   United States Dollar
                          Mata uang asing lain                  260,031                  2,937                     40               Other foreign currencies
                        Option - jual                                                                                                             Option - sell
                          Dolar Amerika Serikat                535,816                       --                    6,321                United States Dollar
                        Spot - beli                                                                                                                 Spot - buy
                          Dolar Amerika Serikat                380,090                      55                       463                United States Dollar
                          Mata uang asing lain                  10,269                       4                         2            Other foreign currencies
                        Spot - jual                                                                                                                 Spot - sell
                          Dolar Amerika Serikat                303,830                     577                        48                United States Dollar
                          Mata uang asing lain                  16,495                      19                         7            Other foreign currencies
                        Forward - beli                                                                                                          Forward - buy
                          Dolar Amerika Serikat                  31,564                      --                      434                United States Dollar
                        Forward - jual                                                                                                           Forward - sell
                          Dolar Amerika Serikat                  56,969                    556                    210                   United States Dollar
                        Total                                                           20,974                 18,931                                    Total




                                                                              66




LK_AR Bank MEGA 2024_INA.indd 77                                                                                                                              05/03/25 02.22
Page 450
         PT BANK MEGA TBK                                                                          PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                          (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                             For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                             December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                     (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                               Unless Otherwise Stated)

                 Kolektibilitas tagihan derivatif sesuai Peraturan             Collectibility derivatives    receivables in
                 Otoritas Jasa Keuangan diungkapkan pada                       accordance with Financial Services Authority
                 Catatan 49f.                                                  Regulation are disclosed in Note 49f.

                 Informasi mengenai jatuh tempo diungkapkan                    Information in respect of maturities are
                 pada Catatan 45e. Informasi mengenai                          disclosed in Note 45e. Information with regards
                 klasifikasi dan nilai wajar diungkapkan pada                  to the classification and fair value are disclosed
                 Catatan 44.                                                   in Note 44.

                 Manajemen    Bank   berpendapat  bahwa                        The Bank’s management believed that
                 cadangan kerugian penurunan nilai pada                        allowance for impairment losses as of
                 tanggal 31 Desember 2024 dan 2023 tidak                       December 31, 2024 and 2023 were not
                 diperlukan.                                                   required.


         11.     Kredit yang Diberikan                                      11. Loans

                 Kredit yang diberikan terdiri dari:                           Loans consist of the following:

          a.     Berdasarkan jenis kredit dan mata uang                        a. Based on type of loans and currency

                                                           2024                  2023
                  Pihak berelasi (Catatan 39)                                                             Related parties (Note 39)
                  Rupiah:                                                                                                   Rupiah:
                  Modal kerja                                  509,020               655,156                        Working capital
                  Investasi                                  1,207,314               560,521                            Investment
                  Konsumsi                                      26,716                45,507                             Consumer
                                                             1,743,050             1,261,184
                  Mata uang asing:                                                                               Foreign currencies:
                  Investasi                                            --               57,408                            Investment
                  Total kredit pihak berelasi                1,743,050             1,318,592             Total related parties loans
                  Pihak ketiga                                                                                         Third parties
                  Rupiah:                                                                                                   Rupiah:
                  Investasi                                 34,652,312            38,908,725                             Investment
                  Konsumsi                                   8,470,276             9,092,019                              Consumer
                  Modal kerja                                6,780,737             6,153,456                          Working capital
                                                            49,903,325            54,154,200
                  Mata uang asing:                                                                               Foreign currencies:
                  Investasi                                  7,946,515             6,733,306                              Investment
                  Modal kerja                                5,061,762             4,098,621                          Working capital
                                                            13,008,277            10,831,927
                  Total kredit pihak ketiga                 62,911,602            64,986,127               Total third parties loans
                                                            64,654,652            66,304,719
                  Pendapatan bunga yang
                   ditangguhkan                                   (9,371)            (11,823)              Unearned interest income
                                                            64,645,281            66,292,896
                  Cadangan kerugian penurunan nilai          (664,877)              (604,816)        Allowance for impairment losses
                  Total kredit yang diberikan - neto        63,980,404            65,688,080                        Total loans - net




                                                                     67




LK_AR Bank MEGA 2024_INA.indd 78                                                                                                        05/03/25 02.22
Page 451
               PT BANK MEGA TBK                                                                     PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                     (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                        December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                          Unless Otherwise Stated)

                b.      Berdasarkan sektor ekonomi dan mata uang           b.   Based on economic sector and currency

                                                             2024                 2023
                        Rupiah                                                                                                   Rupiah
                        Jasa usaha                           11,153,044            12,512,188                        Business services
                        Pengangkutan, pergudangan                                                           Transportation, warehouse
                          dan komunikasi                      9,050,038            10,284,809                    and communication
                        Perindustrian                         6,564,302             6,426,079                                  Industrial
                        Pertanian, perburuan dan                                                               Agriculture, hunting and
                          sarana pertanian                    5,462,559             6,526,756               agriculture improvement
                        Pertambangan                          4,708,864             4,547,350                                     Mining
                        Konstruksi                            3,401,514             3,641,375                              Construction
                        Perdagangan, restoran                                                                       Trading, restaurant
                          dan perhotelan                      2,333,629             1,750,629                               and hotel
                        Jasa sosial                             238,718               252,296                            Social services
                        Listrik, gas dan air                    234,287               333,849                Electricity, gas and water
                        Lain-lain                             8,499,420             9,140,053                                     Others
                                                             51,646,375            55,415,384
                        Mata uang asing                                                                           Foreign currencies
                        Jasa usaha                            5,390,289             6,573,761                       Business services
                        Pertambangan                          3,534,894             3,010,021                                   Mining
                        Pengangkutan, pergudangan                                                           Transportation, warehouse
                           dan komunikasi                     2,504,205                  9,557                   and communication
                        Perdagangan, restoran                                                                      Trading, restaurant
                          dan perhotelan                      1,020,359             1,114,793                              and hotel
                        Perindustrian                           558,530               181,203                                Industrial
                                                             13,008,277            10,889,335
                        Total                                64,654,652            66,304,719                                      Total
                        Dikurangi:                                                                                               Less:
                        Pendapatan bunga                                                                             Unearned interest
                          yang ditangguhkan                         (9,371)           (11,823)                               income
                        Cadangan kerugian                                                                                Allowance for
                          penurunan nilai                      (664,877)            (604,816)                      impairment losses
                        Neto                                  63,980,404           65,688,080                                      Net


                c.      Berdasarkan kolektibilitas sesuai Peraturan        c.   Based on Financial           Services        Authority
                        Otoritas Jasa Keuangan                                  Regulation Collectibility

                        Kolektabilitas kredit yang diberikan sesuai             Collectibility loans in accordance with the
                        dengan Peraturan Otoritas Jasa Keuangan                 Financial Services Authority Regulation are
                        diungkapkan pada Catatan 49g.                           disclosed in Note 49g.

                d.      Berdasarkan jangka waktu                           d.   Based on loan periods

                        Berdasarkan jangka waktu perjanjian kredit              Based on the loan agreement term before
                        sebelum dikurangi pendapatan bunga yang                 deducting deferred interest income and
                        ditangguhkan     dan cadangan     kerugian              allowance for impairment losses.
                        penurunan nilai.




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LK_AR Bank MEGA 2024_INA.indd 79                                                                                                       05/03/25 02.22
Page 452
         PT BANK MEGA TBK                                                                         PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                         (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                            For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                            December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                    (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                              Unless Otherwise Stated)

                                                          2024                  2023
                  Rupiah                                                                                                 Rupiah
                  Kurang dari 1 tahun                      12,955,288            12,125,173                    Less than 1 year
                  1 - 2 tahun                               1,893,243             2,455,140                          1 - 2 years
                  >2 - 5 tahun                             13,093,702            17,720,645                         >2 - 5 years
                  Lebih dari 5 tahun                       23,704,142            23,114,426                   More than 5 years
                                                           51,646,375            55,415,384
                  Mata uang asing                                                                             Foreign currencies
                  Kurang dari 1 tahun                         581,853               266,320                    Less than 1 year
                  >2 - 5 tahun                              6,803,894             9,614,055                         >2 - 5 years
                  Lebih dari 5 tahun                        5,622,530             1,008,960                   More than 5 years
                                                           13,008,277            10,889,335
                  Total                                    64,654,652            66,304,719                               Total


                 Kredit yang diberikan ke pihak berelasi                      Loans to related parties are disclosed in
                 diungkapkan pada Catatan 39. Informasi                       Note 39. Information in respect of maturities
                 mengenai jatuh tempo diungkapkan pada                        are disclosed in Note 45e. Information with
                 Catatan 45e. Informasi mengenai klasifikasi                  regards to the classification and fair are
                 dan nilai wajar diungkapkan pada Catatan 44.                 disclosed in Note 44.

                 Berikut    ini    adalah     informasi   lainnya             Other information relating to loans were as
                 sehubungan dengan kredit yang diberikan:                     follows:
                 a. Kredit yang diberikan dalam mata uang                     a. Loans in foreign currencies were
                     asing terdiri dari Dolar Amerika Serikat dan                  denominated in United States Dollar and
                     Euro Eropa.                                                   Euro Europe.
                 b. Kredit yang diberikan dijamin dengan                      b. Loans are secured with cash collaterals
                     agunan tunai berupa giro (Catatan 16),                        consisting of current accounts (Note 16),
                     deposito berjangka (Catatan 18), agunan                       time deposits (Note 18), collaterals bonded
                     yang diikat dengan hak tanggungan atau                        by security right or powers of attorney to
                     surat kuasa untuk menjual dan jaminan lain                    sell and by other guarantees generally
                     yang umumnya diterima oleh perbankan.                         accepted by banks.

          e.     Suku bunga rata-rata tertimbang setahun atas            e.   The weighted average interest rates per
                 kredit yang diberikan adalah sebagai berikut:                annum for loans are as follows:

                                                          2024                  2023
                  Rupiah                                                                                                Rupiah
                  Investasi                                   10.81%                11.34%                          Investment
                  Modal kerja                                 10.11%                10.45%                       Working capital
                  Konsumsi                                    11.34%                11.70%                           Consumer
                  Mata uang asing                                                                            Foreign currencies
                  Investasi                                      9.50%                 9.81%                         Investment
                  Modal kerja                                    7.25%                 8.73%                     Working capital

          f.     Kredit konsumsi terdiri dari:                           f.   Consumer loans consist of:

                                                          2024                  2023
                  Rupiah                                                                                                 Rupiah
                  Kartu kredit                              6,702,966             6,345,044                          Credit card
                  Kredit kendaraan bermotor                 1,545,461             2,479,981                  Motor vehicle loans
                  Kredit pemilikan rumah                      162,648               194,638                       Housing loans
                  Kredit perorangan lainnya                    85,917               117,863                 Other personal loans
                  Total                                     8,496,992             9,137,526                                Total




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Page 453
               PT BANK MEGA TBK                                                                       PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                       (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                          December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                  (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                            Unless Otherwise Stated)

                g.      Rincian kredit yang diberikan pada pihak             g.   Details of loans to related parties (before
                        berelasi   (sebelum  cadangan    kerugian                 allowance for impairment losses) are as
                        penurunan nilai) adalah sebagai berikut                   follows (Note 39):
                        (Catatan 39):

                                                               2024                 2023
                        Pinjaman perusahaan yang                                                                            Loans to
                          merupakan pihak berelasi              1,686,462             1,247,150                 related companies
                        Pinjaman                                                                             Loans to the Bank’s key
                          manajemen kunci                             13,795               11,818           management personnel
                        Pinjaman komisaris dan direksi                                                               Loans to related
                          perusahaan yang merupakan                                                           companies’ directors
                          pihak berelasi                           42,793                59,624                and commissioners
                        Total                                   1,743,050             1,318,592                                 Total


                        Pinjaman direksi dan karyawan Bank                        Loans to the Bank’s directors and employees
                        merupakan kredit yang diberikan untuk                     represent loans granted for car loans, housing
                        pembelian kendaraan dan rumah dengan                      loans with terms ranging from 1 (one) to 15
                        jangka waktu yang berkisar antara 1 (satu)                (fifteen) years with an average loan interest of
                        sampai dengan 15 (lima belas) tahun serta                 (exclude credit card) between 9.50%-10.00%
                        kartu kredit dengan suku bunga setahun rata-              and 5.75%-10.00% per annum in 2024 and
                        rata (tidak termasuk kartu kredit) berkisar               2023, respectively, which are collected through
                        antara 9,50%-10,00% dan 5,75%-10,00%                      monthly payroll deductions.
                        untuk tahun 2024 dan 2023, yang dilunasi
                        melalui pemotongan gaji setiap bulan.

                        Pada tanggal 31 Desember 2024 dan 2023,                   As of December 31, 2024 and 2023, loans to
                        pinjaman direksi dan karyawan Bank sesuai                 the Bank’s director and employees in
                        dengan Peraturan Otoritas Jasa Keuangan                   accordance with the Financial Services
                        diungkapkan pada Catatan 49g.                             Authority Regulation are disclosed in Note 49g.

                h.      Kredit yang direstrukturisasi                        h.   Restructured loans
                        Kredit yang direstrukturisasi sesuai dengan               Restructured loans in accordance with the
                        Peraturan      Otoritas      Jasa  Keuangan               Financial Services Authority Regulation are
                        diungkapkan pada Catatan 49g.                             disclosed in Note 49g.

                i.      Pada tanggal 31 Desember 2024 dan 2023,              i.   As of December 31, 2024 and 2023, total loans
                        jumlah kredit yang telah dihentikan pengakuan             which interest income therein have ceased to
                        pendapatan bunganya (kredit bermasalah)                   accrue (non-performing loans) amounted to
                        masing-masing sebesar Rp1.089.557 dan                     Rp1,089,557 and Rp1,042,180 or representing
                        Rp1.042.180 atau sebesar 1,69% dan 1,57%                  1.69% and 1.57% of total loans, respectively.
                        dari jumlah kredit yang diberikan.

                j.      Pinjaman sindikasi                                   j.   Syndicated loans
                        Pinjaman sindikasi merupakan pinjaman yang                Syndicated loans represent loans provided to
                        diberikan    kepada   debitur   berdasarkan               debtors based on syndication agreements with
                        perjanjian pembiayaan bersama dengan bank-                other banks.
                        bank lain.

                        Keikutsertaan bank dalam pinjaman sindikasi               Bank’s participation in syndicated loans with
                        dengan bank-bank lain adalah sebesar                      other banks amounted to Rp4,961,139 and
                        Rp4.961.139 dan Rp4.022.880 masing-masing                 Rp4,022,880 as of December 31, 2024 and
                        pada tanggal 31 Desember 2024 dan 2023.                   2023, respectively.




                                                                        70




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Page 454
         PT BANK MEGA TBK                                                                                        PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                        (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                                           For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                           December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                                   (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                             Unless Otherwise Stated)

                 Keikutsertaan bank dalam pinjaman sindikasi,                               Bank’s participation in syndicated loans, in
                 dimana bank bertindak sebagai anggota                                      which bank acts as the syndication member is
                 sindikasi adalah sebagai berikut:                                          as follows:
                                                                    2024                        2023
                  % Partisipasi                                    1.53%-74.11%                0.14%-13.6%                        % Participation

          k.     Pinjaman bermasalah dan cadangan kerugian                          k.      Non-performing loans and allowance for
                 penurunan nilai berdasarkan sektor ekonomi                                 impairment losses based on economic sector
                 Rasio kredit bermasalah Bank sesuai dengan                                 The non-performing loans ratio of The Bank’s
                 peraturan     Otoritas    Jasa      Keuangan                               in accordance with the Financial Services
                 diungkapkan pada Catatan 49g.                                              Authority Regulation are disclosed in Note 49g.

          l.     Perubahan nilai bruto               dan       cadangan             l.      Movement of gross carrying amount and
                 kerugian penurunan nilai                                                   allowance for impairment losses

                  Perubahan nilai bruto                                                     Movement of gross carrying amount

                                                                               2024
                                                     Stage 1         Stage 2             Stage 3        Total

                  Nilai tercatat bruto awal                                                                          Initial gross carrying amount
                    1 Januari 2024                   64.250.569        1.011.970          1.042.180    66.304.719            as at January 1, 2024
                  Transfer ke kerugian kredit                                                                                   Transfer to 12 month
                    ekspektasian 12 bulan                                                                                    expected credit losses
                    (stage 1)                        (3.034.539)       1.853.239          1.181.300             --                        (stage 1)
                  Transfer ke kerugian kredit
                    ekspektasian sepanjang umurnya                                                                     Transfer to lifetime expected
                    - tidak mengalami penurunan                                                                        credit losses - unimpaired
                    nilai (stage 2)                      19.392        (106.181)             86.789             --                        (stage 2)
                  Transfer ke kerugian kredit                                                                          Transfer to lifetime expected
                    ekspektasian yang mengalami                                                                                      credit losses -
                    penurunan nilai (stage 3)        (1.179.462)        (86.285)          1.265.747             --              impaired (stage 3)
                  Total saldo awal                                                                                         Total beginning balance
                    setelah pengalihan               60.055.960        2.672.743          3.576.016    66.304.719                     after transfer
                  Pengukuran kembali                                                                                             Remeasurement of
                    nilai tercatat - neto             (318.476)        (225.163)         (1.176.187)   (1.719.826)         carrying amount - net
                  Aset keuangan yang
                    dihapus buku                              --               --         (420.875)     (420.875)                    Write-off assets
                  Dampak valuta asing                   490.634                --                 --      490.634       Effects of foreign exchange
                  Saldo akhir                        60.228.118        2.447.580          1.978.954    64.654.652                   Ending balance


                                                                               2023
                                                     Stage 1         Stage 2             Stage 3        Total

                  Nilai tercatat bruto awal                                                                          Initial gross carrying amount
                    1 Januari 2023                   68,207,529       1,245,142             858,632    70,311,303            as at January 1, 2023
                  Transfer ke kerugian kredit                                                                                   Transfer to 12 month
                    ekspektasian 12 bulan                                                                                    expected credit losses
                    (stage 1)                         (758,031)         521,654             236,377             --                        (stage 1)
                  Transfer ke kerugian kredit
                    ekspektasian sepanjang umurnya                                                                     Transfer to lifetime expected
                    - tidak mengalami penurunan                                                                        credit losses - unimpaired
                    nilai (stage 2)                     534,620        (763,488)            228,868             --                        (stage 2)
                  Transfer ke kerugian kredit                                                                          Transfer to lifetime expected
                    ekspektasian yang mengalami                                                                                      credit losses -
                    penurunan nilai (stage 3)         (199,382)        (227,882)            427,264             --              impaired (stage 3)
                  Total saldo awal                                                                                         Total beginning balance
                    setelah pengalihan               67,784,736         775,426           1,751,141    70,311,303                     after transfer
                  Pengukuran kembali                                                                                             Remeasurement of
                    nilai tercatat - neto            (3,403,852)        236,544           (238,826)    (3,406,134)         carrying amount - net
                  Aset keuangan yang
                    dihapus buku                              --              --          (470,135)     (470,135)                    Write-off assets
                  Dampak valuta asing                 (130,315)               --                  --    (130,315)       Effects of foreign exchange
                  Saldo akhir                        64,250,569       1,011,970           1,042,180    66,304,719                   Ending balance




                                                                             71




LK_AR Bank MEGA 2024_INA.indd 82                                                                                                                        05/03/25 02.22
Page 455
               PT BANK MEGA TBK                                                                                          PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                          (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                             For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                             December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                     (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                               Unless Otherwise Stated)

                        Perubahan cadangan kerugian penurunan nilai                                 Movement of allowance for impairment losses

                                                                                       2024
                                                             Stage 1         Stage 2             Stage 3         Total

                         Saldo awal tahun                      283.361          57.929              263.526        604.816                      Beginning balance
                         Transfer ke:                                                                                                                  Transfer to:
                         Kerugian kredit ekspektasian                                                                                   12 month expected credit
                           12 bulan (stage 1)                 (222.573)         73.515              149.058                   --              losses (stage 1)
                         Kerugian kredit ekspektasian
                           sepanjang umurnya - tidak                                                                                             Lifetime expected
                           mengalami penurunan                                                                                                     credit losses -
                           nilai (stage 2)                         176         (26.101)              25.925                   --             unimpaired (stage 2)
                         Kerugian kredit ekspektasian
                           sepanjang umurnya -                                                                                                     Lifetime expected
                           mengalami penurunan                                                                                                       credit losses -
                           nilai (stage 3)                    (149.025)        (25.857)             174.882                   --                impaired (stage 3)
                         Total saldo awal                                                                                                    Total beginning balance
                           setelah pengalihan                  (88.061)         79.486              613.391        604.816                            after transfer
                         Penambahan cadangan                                                                                                   Addition of allowance
                           kerugian penurunan nilai - neto     275.281          15.805             (72.898)        218.188             for impairment losses - net
                         Aset keuangan yang
                           dihapus buku                                --              --         (420.875)       (420.875)              Write-off of financial assets
                         Penerimaan kembali atas aset                                                                                    Recoveries from previously
                           keuangan yang dihapus buku                --              --             262.082        262.082           written off of financial assets
                         Dampak valuta asing                       666               --                   --           666              Effects of foreign exchange
                         Saldo akhir                           187.886          95.291              381.700        664.877                            Ending balance



                                                                                       2023
                                                              Stage 1        Stage 2          Stage 3          Total

                         Saldo awal tahun                       274,991         78,713            218,326       572,030                       Beginning balance
                         Transfer ke:                                                                                                                Transfer to:
                         Kerugian kredit ekspektasian                                                                                 12 month expected credit
                           12 bulan (stage 1)                  (116,447)        40,661             75,786                --                 losses (stage 1)
                         Kerugian kredit ekspektasian
                           sepanjang umurnya - tidak                                                                                           Lifetime expected
                           mengalami penurunan                                                                                                   credit losses -
                           nilai (stage 2)                        7,361        (57,464)            50,103                --                unimpaired (stage 2)
                         Kerugian kredit ekspektasian
                           sepanjang umurnya -                                                                                                   Lifetime expected
                           mengalami penurunan                                                                                                     credit losses -
                           nilai (stage 3)                      (75,689)       (49,882)           125,571                --                   impaired (stage 3)
                         Total saldo awal                                                                                                  Total beginning balance
                           setelah pengalihan                    90,216         12,028            469,786       572,030                             after transfer
                         Penambahan cadangan                                                                                                 Addition of allowance
                           kerugian penurunan nilai - neto      193,307         45,901            (47,388)      191,820              for impairment losses - net
                         Aset keuangan yang
                           dihapus buku                                 --             --        (470,135)     (470,135)               Write-off of financial assets
                         Penerimaan kembali atas aset                                                                                  Recoveries from previously
                           keuangan yang dihapus buku                 --             --           311,263       311,263            written off of financial assets
                         Dampak valuta asing                      (162)              --                 --        (162)               Effects of foreign exchange
                         Saldo akhir                            283,361         57,929            263,526       604,816                             Ending balance


                        Manajemen Bank berpendapat bahwa jumlah                                     The Bank’s management believes that the
                        cadangan kerugian penurunan nilai atas kredit                               allowance for impairment losses on loans was
                        yang diberikan telah memadai.                                               adequate.

                m.      Kredit yang disalurkan dengan sistem                                m.      Joint financing loans as of December 31, 2024
                        pembiayaan bersama (joint financing) pada                                   and 2023 amounted to Rp8,960,990 and
                        tanggal 31 Desember 2024 dan 2023 masing-                                   Rp10,529,359, respectively, which were made
                        masing     sebesar    Rp8.960.990     dan                                   on a with recourse or without recourse basis.
                        Rp10.529.359 yang dilakukan dengan dan
                        tanpa tanggung renteng (with and without
                        recourse).



                                                                                    72




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Page 456
         PT BANK MEGA TBK                                                                        PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                        (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                           December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                   (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                             Unless Otherwise Stated)

                 Jumlah kredit dengan pola pembiayaan                        The balances of the joint financing loans with
                 bersama (joint financing) dengan pihak berelasi             related parties are as follows:
                 adalah sebagai berikut:

                                                         2024                  2023
                  PT Mega Central Finance                  4,889,978             6,090,695               PT Mega Central Finance
                  PT Mega Auto Finance                     2,505,092             2,605,954                 PT Mega Auto Finance
                  PT Mega Finance                          1,503,480             1,723,033                     PT Mega Finance
                  Total                                    8,898,550            10,419,682                                  Total


                 Seluruh kredit dengan pola pembiayaan                       Joint financing facilities with the related parties
                 bersama (joint financing) dengan pihak berelasi             are made on a without recourse basis.
                 tersebut dilakukan secara tanpa tanggung
                 renteng (without recourse).

                 Pada tanggal 31 Desember 2024 dan 2023,                     As of December 31, 2024 and 2023 the
                 jumlah pembiayaan bersama yang dilakukan                    balances of joint financing loans which were
                 secara tanpa tanggung renteng (without                      made on a without recourse basis amounted to
                 recourse) adalah masing-masing sebesar                      Rp8,898,550 and Rp10,419,682, respectively.
                 Rp8.898.550 dan Rp10.419.682. Risiko kredit                 The Bank is exposed to credit risk based on
                 yang ditanggung oleh Bank adalah sesuai                     the percentage of credit financing contributed
                 dengan porsi kredit yang dibiayai oleh Bank                 by the Bank, which ranged from 90% to 99%
                 yang berkisar antara 90% sampai dengan 99%                  as stipulated in the joint financing agreement.
                 sebagaimana disebutkan dalam perjanjian.

          n.     Ikhtisar perubahan kredit yang dihapusbukukan          n.   The changes in cumulative written-off loans
                 adalah sebagai berikut:                                     are as follows:

                                                         2024                  2023
                  Saldo awal                               5,945,413              5,786,541                    Beginning balance
                  Penghapusbukuan dalam                                                                           Write-off during
                    tahun berjalan                          420,875                470,135                             the year
                  Penerimaan kembali kredit yang                                                          Recoveries of previously
                    telah dihapusbukukan                   (262,082)              (311,263)                     written-off loan
                  Saldo akhir                              6,104,206              5,945,413                     Ending balance


          o.     Rasio kredit Usaha, Mikro, Kecil & Menengah            o.   Ratio of Micro, Small and Medium Enterprise
                 (UMKM) terhadap kredit yang diberikan pada                  (SME) credits to loans as of December 31,
                 tanggal 31 Desember 2024 dan 2023 adalah                    2024 and 2023 are 14.61% and 18.07%,
                 masing-masing sebesar 14,61% dan 18,07%.                    respectively.

          p.     Pada tanggal 31 Desember 2024 dan 2023,                p.   As of December 31, 2024 and 2023, Legal
                 Batas Maksimum Pemberian Kredit (BMPK)                      Lending Limit (LLL) is disclosed in Note 49g.
                 diungkapkan pada Catatan 49g.




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               PT BANK MEGA TBK                                                                                   PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                   (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                      For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                      December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                              (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                        Unless Otherwise Stated)

                12.     Tagihan dan Utang Akseptasi                                    12. Acceptance Receivable and Payable

                a.      Tagihan akseptasi                                          a.         Acceptance receivable
                        Rincian tagihan akseptasi berdasarkan pihak,                          Details of acceptance receivable based on the
                        mata uang dan pihak berelasi:                                         counterparty, currency and related parties:

                                                                     2024                        2023

                        Mata uang asing                                                                                             Foreign currencies
                        Pihak ketiga                                                                                                       Third parties
                        Nasabah                                             9,234                           --                                  Debtors
                        Total                                               9,234                           --                                       Total
                        Cadangan kerugian                                                                                     Allowance for impairment
                        penurunan nilai                                      (12)                           --                                  losses
                        Neto                                                9,222                           --                                         Net


                        Kolektibilitas tagihan akseptasi sesuai dengan                        Collectability  acceptance      receivable   in
                        Peraturan        Otoritas   Jasa     Keuangan                         accordance with the Financial Services
                        diungkapkan pada Catatan 49h.                                         Authority Regulation are disclosed in Note 49h.

                        Rincian tagihan akseptasi berdasarkan sisa                            The details of acceptances receivable based
                        umur jatuh tempo adalah sebagai berikut                               on the remaining period to maturity date are as
                        (Catatan 45e):                                                        follows (Note 45e):

                                                                     2024                        2023

                        Mata uang asing                                                                                               Foreign currencies
                        <1 bulan                                            3,119                           --                                  <1 month
                        1 - 3 bulan                                         4,905                           --                              1 - 3 months
                        >3 - 6 bulan                                        1,210                           --                            >3 - 6 months
                        Total                                               9,234                           --                                     Total


                b.      Utang akseptasi                                            b.         Acceptance payable

                                                                     2024                        2023

                        Mata uang asing                                                                                             Foreign currencies
                        Pihak ketiga                                                                                                       Third parties
                          Bank                                              9,234                           --                                  Bank
                        Total                                               9,234                           --                                       Total


                 c.     Perubahan nilai bruto dan cadangan                             c.    Movement of gross carrying amount and
                        kerugian penurunan nilai atas tagihan                                allowance for impairment losses of
                        akseptasi                                                            acceptance receivable

                        Perubahan nilai bruto tagihan akseptasi                               Movement of gross             carrying      amount         of
                                                                                              acceptance receivable
                                                                                  2024
                                                        Stage 1        Stage 2              Stage 3        Total
                        Nilai tercatat bruto awal                                                                           Initial gross carrying amount
                          1 Januari 2024                        --                --                  --          --                as at January 1, 2024
                        Aset keuangan baru                  9,234                 --                  --      9,234                     New financial assets
                        Pengukuran kembali bersih               --                --                  --          --                     Net remeasurement
                        Total perubahan nilai bruto                                                                    Changes in gross carrying amount
                          tahun berjalan                    9,234                 --                  --      9,234                        for the year
                        Dampak valuta asing                     --                --                  --          --                   Foreign exchange
                        Nilai tercatat bruto akhir          9,234                 --                  --      9,234       Ending gross carrying amount




                                                                             74




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Page 458
         PT BANK MEGA TBK                                                                                   PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                   (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                                      For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                      December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                              (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                        Unless Otherwise Stated)

                                                                              2023
                                                     Stage 1       Stage 2           Stage 3           Total
                  Nilai tercatat bruto awal                                                                               Initial gross carrying amount
                    1 Januari 2023                       53,031              --                --        53,031                   as at January 1, 2023
                  Aset keuangan baru                          --             --                --             --                      New financial assets
                  Pengukuran kembali bersih*)          (53,011)              --                --      (53,011)                      Net remeasurement*)
                  Total perubahan nilai bruto                                                                        Changes in gross carrying amount
                    tahun berjalan                     (53,011)              --                --      (53,011)                          for the year
                  Dampak valuta asing                      (20)              --                --          (20)                      Foreign exchange
                  Nilai tercatat bruto akhir                 --              --                --            --         Ending gross carrying amount

                 *) Termasuk di dalam pengukuran kembali bersih adalah                              Including in the net remeasurement is repayment*)
                    pembayaran kembali

                 Perubahan cadangan kerugian penurunan nilai                           Movement of allowance for impairment losses
                 tagihan akseptasi                                                     on acceptance receivable
                                                                              2024
                                                     Stage 1       Stage 2           Stage 3           Total

                  Saldo awal                                  --             --                --               --                    Beginning balance
                  Aset keuangan baru                         11              --                --              11                   New financial assets
                  Pengukuran kembali bersih                   --             --                --               --                  New remeasurement

                  Total perubahan tahun berjalan             11              --                --              11                  Changes for the year
                  Dampak valuta asing                         1              --                --               1                     Foreign exchange
                  Saldo akhir                                12              --                --              12                      Ending balance


                                                                              2023
                                                     Stage 1       Stage 2           Stage 3           Total
                  Saldo awal                                 66              --                --             66                       Beginning balance
                  Aset keuangan baru                          --             --                --              --                    New financial assets
                  Pengukuran kembali bersih                (64)              --                --           (64)                      Net remeasurement
                  Total perubahan tahun berjalan           (64)              --                --           (64)                   Changes for the year
                  Dampak valuta asing                       (2)              --                --            (2)                      Foreign exchange
                  Saldo akhir                                --              --                --             --                       Ending balance


                 Manajemen     Bank    berpendapat      bahwa                          The Bank’s management believed that
                 cadangan kerugian penurunan nilai untuk tahun                         allowance for impairment losses in 2024 and
                 2024 dan 2023 telah memadai.                                          2023 is adequate.

                 Informasi mengenai jatuh tempo diungkapkan                            Information in respect of maturities is disclosed
                 pada Catatan 45e. Informasi mengenai                                  in Note 45e. Information with regards to the
                 klasifikasi dan nilai wajar diungkapkan pada                          classification and fair value is disclosed in
                 Catatan 44.                                                           Note 44.




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               PT BANK MEGA TBK                                                                                                      PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                                       NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                                      (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                                         For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                                         December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                                 (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                                           Unless Otherwise Stated)

                13.     Aset Tetap dan Aset Hak-Guna                                                 13. Fixed Assets and Right-of-Use Assets
                                                                                     31 Desember 2023/December 31, 2024

                                                          Saldo Awal/                                                                       Saldo Akhir/
                                                          Beginning          Penambahan/       Pengurangan/          Reklasifikasi/           Ending
                                                           Balance             Addition         Deduction           Reclassification         Balance

                        Kepemilikan langsung                                                                                                                                Direct ownership
                        Biaya perolehan/nilai revaluasi                                                                                                                Cost/revaluation value
                        Aset tetap                                                                                                                                               Fixed assets
                        Tanah                                   3,823,993                 --                  --                     --           3,823,993                              Land
                        Bangunan                                2,350,615                 --                  --                     --           2,350,615                          Buildings
                        Peralatan kantor                          984,763           118,393             (89,256)                50,501            1,064,401                  Office equipment
                        Perabot kantor                            423,247             4,896             (13,313)                    24              414,854             Furniture and fixtures
                        Kendaraan                                 146,494                 --             (2,798)                     --             143,696                           Vehicles
                        Perbaikan gedung                          125,851             2,532                (185)                   160              128,358            Building improvements
                        Total                                   7,854,963           125,821            (105,552)                50,685            7,925,917                              Total
                        Aset dalam penyelesaian                    17,998            47,725                   --              (50,685)               15,038           Construction in progress
                        Total biaya perolehan                   7,872,961           173,546            (105,552)                       --         7,940,955                         Total cost
                        Aset hak-guna                                                                                                                                 Right-of-use of assets
                        Bangunan                                  248,924            15,562                   --                       --           264,486                        Buildings
                        Total                                   8,121,885           189,108            (105,552)                       --         8,205,441                              Total
                        Kepemilikan langsung                                                                                                                                Direct ownership
                        Akumulasi penyusutan                                                                                                                        Accumulated Depreciation
                        Aset tetap                                                                                                                                               Fixed assets
                        Bangunan                                 (179,745)         (175,830)                  --                       --          (355,575)                         Buildings
                        Peralatan kantor                         (883,226)          (94,666)             89,254                        --          (888,638)                 Office equipment
                        Perabot kantor                           (405,638)           (6,945)             13,243                        --          (399,340)             Furniture and fixtures
                        Kendaraan                                (133,937)           (4,432)              2,798                        --          (135,571)                          Vehicles
                        Perbaikan gedung                         (115,765)           (6,067)                185                        --          (121,647)           Building improvements
                        Total akumulasi penyusutan             (1,718,311)         (287,940)            105,480                        --        (1,900,771)   Total accumulated depreciation
                        Aset hak-guna                                                                                                                                 Right-of-use of assets
                        Bangunan                                (205,816)           (24,841)                                           --          (230,657)                       Buildings
                        Total                                  (1,924,127)         (312,781)            105,480                        --        (2,131,428)                             Total
                        Nilai Buku bersih                       6,197,758                                                                         6,074,013                   Net book value



                                                                                     31 Desember 2023/December 31, 2023

                                                          Saldo Awal/                                                                       Saldo Akhir/
                                                          Beginning          Penambahan/       Pengurangan/          Reklasifikasi/           Ending
                                                           Balance             Addition         Deduction           Reclassification         Balance

                        Kepemilikan langsung                                                                                                                                Direct ownership
                        Biaya perolehan/nilai revaluasi                                                                                                                Cost/revaluation value
                        Aset tetap                                                                                                                                               Fixed assets
                        Tanah                                   3,814,990             9,003                   --                     --           3,823,993                              Land
                        Bangunan                                2,350,215               400                   --                     --           2,350,615                          Buildings
                        Peralatan kantor                          925,032            68,708             (14,551)                 5,574              984,763                  Office equipment
                        Perabot kantor                            425,242             4,080              (6,075)                     --             423,247             Furniture and fixtures
                        Kendaraan                                 146,525             2,477              (2,508)                     --             146,494                           Vehicles
                        Perbaikan gedung                          119,378             5,954                (936)                 1,455              125,851            Building improvements
                        Total                                   7,781,382            90,622             (24,070)                 7,029            7,854,963                              Total
                        Aset dalam penyelesaian                     5,505            19,522                   --                (7,029)              17,998           Construction in progress
                        Total biaya perolehan                   7,786,887           110,144             (24,070)                       --         7,872,961                         Total cost
                        Aset hak-guna                                                                                                                                 Right-of-use of assets
                        Bangunan                                  212,161            36,763                   --                       --           248,924                        Buildings
                        Total                                   7,999,048           146,907             (24,070)                       --         8,121,885                              Total
                        Kepemilikan langsung                                                                                                                                Direct ownership
                        Akumulasi penyusutan                                                                                                                        Accumulated Depreciation
                        Aset tetap                                                                                                                                               Fixed assets
                        Bangunan                                   (3,933)         (175,812)                  --                       --          (179,745)                         Buildings
                        Peralatan kantor                         (822,414)          (75,324)             14,512                        --          (883,226)                 Office equipment
                        Perabot kantor                           (404,107)           (7,529)              5,998                        --          (405,638)             Furniture and fixtures
                        Kendaraan                                (132,349)           (4,096)              2,508                        --          (133,937)                          Vehicles
                        Perbaikan gedung                         (109,117)           (7,460)                812                        --          (115,765)           Building improvements
                        Total akumulasi penyusutan             (1,471,920)         (270,221)             23,830                        --        (1,718,311)   Total accumulated depreciation
                        Aset hak-guna                                                                                                                                 Right-of-use of assets
                        Bangunan                                (160,385)           (45,431)                  --                       --          (205,816)                       Buildings
                        Total                                  (1,632,305)         (315,652)             23,830                        --        (1,924,127)                             Total
                        Nilai Buku bersih                       6,366,743                                                                         6,197,758                   Net book value



                        Aset tetap                                                                            Fixed assets
                        Beban penyusutan aset tetap yang dibebankan                                           The depreciation expense for the years ended
                        pada tahun yang berakhir pada tanggal-tanggal                                         December 31, 2024 and 2023 amounted to
                        31 Desember 2024 dan 2023 masing-masing                                               Rp287,941 and Rp270,221, respectively
                        sebesar     Rp287.940      dan    Rp270.221                                           (Note 32).
                        (Catatan 32).




                                                                                               76




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Page 460
         PT BANK MEGA TBK                                                                     PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                     (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                        December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                          Unless Otherwise Stated)

                 Pada tanggal 31 Desember 2024, hak atas                  As of December 31, 2024, land titles are in the
                 tanah yang dimiliki oleh Bank merupakan Hak              form of “Hak Guna Bangunan” (HGB) and “Hak
                 Guna Bangunan (HGB) dan Hak Milik atas                   Milik Atas Satuan Rumah Susun” (HMASRS -
                 Satuan Rumah Susun (HMASRS) dengan sisa                  Strata title) with remaining terms for the related
                 umur hak atas tanah tersebut berkisar antara             landrights ownership ranging from 4 months to
                 4 bulan sampai dengan 31 tahun dan dapat                 31 years and renewable upon their expiry. As
                 diperpanjang. Pada tanggal 31 Desember                   of December 31, 2024, land of 389 sqm are in
                 2024, tanah dengan luas sebesar 389 m2                   the process of merging, certificates correction
                 masih dalam pengurusan penggabungan dan                  and transfer of title into the Bank’s name by the
                 pembetulan sertifikat serta balik nama menjadi           National Landrights Agency - the Republic of
                 atas nama Bank di Badan Pertanahan Nasional              Indonesia (BPN-RI).
                 Republik Indonesia (BPN-RI).

                 Manajemen berpendapat bahwa kepemilikan                  Management believes the ownership of land
                 hak     atas      tanah     tersebut      dapat          rights can be renewed/extended on maturity.
                 diperbarui/diperpanjang pada saat jatuh tempo.

                 Ruangan kantor yang disewakan kepada pihak               Office spaces that are rented out to related
                 berelasi (Catatan 14a) disajikan sebagai bagian          parties (Note 14a) were presented as part of
                 dari aset tetap karena nilai buku dari ruangan           fixed assets since the book value of rented
                 yang disewakan tersebut tidak signifikan.                spaces were not significant.

                 Aset tetap, kecuali aset dalam penyelesaian              Fixed assets, except for construction in
                 dan tanah, diasuransikan terhadap risiko                 progress and land, were covered by insurance
                 kebakaran dan risiko lainnya berdasarkan                 against fire and other risks under certain
                 suatu paket polis tertentu dengan nilai                  blanket policies with insured amount of
                 pertanggungan       masing-masing     sebesar            R2,434,763 and Rp2,451,945 as of December
                 Rp2.434.763 dan Rp2.451.945 pada tanggal                 31, 2024 and 2023, respectively. The Bank’s
                 31 Desember 2024 dan 2023. Manajemen                     management believed that the insurance
                 Bank berpendapat bahwa nilai pertanggungan               coverage was adequate to cover possible
                 tersebut cukup untuk menutupi kemungkinan                losses on the assets insured.
                 kerugian atas aset yang dipertanggungkan.

                 Pada tanggal 31 Desember 2024 dan 2023,                  As of December 31, 2024 and 2023, the gross
                 jumlah tercatat bruto dari setiap aset tetap yang        amount of fixed assets which have been fully
                 telah disusutkan penuh dan masih digunakan               depreciated and are still being used amounted
                 masing-masing adalah sebesar Rp1.265.487                 to Rp1,265,487 and Rp1,298,197, respectively.
                 dan Rp1.298.197.

                 Manajemen Bank berpendapat bahwa tidak                   The Bank’s management believes that there
                 terdapat indikasi penurunan nilai atas aset              was no impairment indication on the above
                 tetap di atas pada tanggal 31 Desember 2024              fixed assets as of December 31, 2024 and
                 dan 2023.                                                2023.

                 Pada tanggal 31 Desember 2015, Bank                      On December 31, 2015, the Bank changed its
                 melakukan perubahan kebijakan akuntansi atas             accounting policy for land and buildings from
                 tanah dan bangunan dari sebelumnya                       cost model to revaluation model.
                 menggunakan model biaya menjadi model
                 revaluasi.

                 Berdasarkan   keputusan     Ketua      Badan             Based on Decision of Chairman of Bapepam
                 Pengawas Pasar Modal Dan Lembaga                         and LK No. KEP-347/BL/2012 dated June 25,
                 Keuangan No. KEP-347/BL/2012 tanggal                     2012, about the presentation and disclosure in
                 25 Juni 2012 tentang Penyajian dan                       financial report of issuer or a public company in
                 Pengungkapan Laporan Keuangan Emiten atau                point 27.e, by considering the book value of
                 Perusahaan Publik butir 27.e, dengan                     fixed assets (land and buildings) that have
                 mempertimbangkan nilai buku aset tetap (tanah            been conducted revaluation in 2018, therefore

                                                                     77




LK_AR Bank MEGA 2024_INA.indd 88                                                                                               05/03/25 02.22
Page 461
               PT BANK MEGA TBK                                                                   PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                   (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                      For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                      December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                              (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                        Unless Otherwise Stated)

                        dan bangunan) yang telah dilakukan revaluasi          on December 31, 2022, the Bank assigned
                        pada tahun 2018, maka per tanggal                     registered independent appraisers to appraise
                        31 Desember 2022 Bank telah menugaskan                (revaluate) its fixed assets (land and buildings).
                        perusahaan jasa penilai terdaftar untuk               The Bank has revalued the value of its land
                        melaksanakan penilaian (revaluasi) aset tetap         and buildings not for tax purpose rather for the
                        (tanah dan bangunan). Bank melakukan                  compliance of the above mentioned Bapepam
                        penilaian kembali atas tanah dan bangunan             and LK regulation.
                        tersebut bukan untuk tujuan perpajakan tetapi
                        hanya untuk pemenuhan ketentuan Bapepam
                        dan LK tersebut.

                        Penilaian terakhir atas tanah dan bangunan            The latest valuations of land and building are
                        dilakukan oleh penilai independen eksternal           performed by KJPP Ruky, Safrudin & Rekan
                        KJPP Ruky, Safrudin & Rekan, dalam                    as external independent valuer, on its report
                        laporannya tertanggal 29 Desember 2022.               dated December 29, 2022. The Bank’s
                        Manajemen Bank berpendapat bahwa tidak                management believes that there was no
                        terdapat perubahan nilai wajar yang signifikan        significant change in fair value of revalued of
                        dari aset tetap yang direvaluasi pada tanggal         fixed assets as of December 31, 2024.
                        31 Desember 2024.

                        Penilaian dilakukan berdasarkan Standar               Valuations are performed based on Indonesian
                        Penilaian Indonesia, ditentukan berdasarkan           Valuation Standards, determined based on
                        transaksi pasar terkini dan dilakukan dengan          reference to recent market transactions done
                        ketentuan-ketentuan yang lazim. Metode                on arm’s length terms and appropriate
                        penilaian yang dipakai adalah metode data             requirements. The valuation methods used are
                        pasar, metode biaya dan metode pendapatan.            market value approach, cost approach and
                                                                              income approach.

                        Perubahan surplus revaluasi aset neto setelah         The movements in the asset revaluation
                        pajak adalah sebagai berikut:                         surplus net of tax are as follows:
                                                              2024            2023

                         Saldo awal                             3,309,118       3,584,877                           Beginning balance
                         Pemindahan surplus aset tetap                                         Transfer of revaluation surplus of fixed
                          ke saldo laba                         (275,760)       (275,759)               assets to retained earnings
                         Saldo akhir                            3,033,358       3,309,118                            Ending balance


                        Untuk tahun - tahunyang berakhir pada tanggal         For the years ended December 31, 2024 and
                        31 Desember 2024 dan 2023, Bank mencatat              2023, respectively, the Bank recorded gains
                        laba atas pelepasan aset tetap adalah sebagai         from disposal of fixed assets are as follows
                        berikut:

                                                              2024            2023

                         Hasil penjualan bersih                      1,275             834                        Net sales proceed
                         Nilai buku                                    (72)          (240)                                Book value
                         Laba atas pelepasan aset tetap              1,203             594        Gains from disposal of fixed assets


                        Laba yang timbul dari hasil penjualan aset            Gains from disposal of fixed assets were
                        tetap dicatat sebagai bagian dari akun                recognized as part of non-operating income -
                        pendapatan non-operasional-neto pada laba             net in profit or loss.
                        rugi.




                                                                         78




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Page 462
         PT BANK MEGA TBK                                                                           PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                           (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                              For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                              December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                      (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                Unless Otherwise Stated)

                 Aset tetap dalam penyelesaian terdiri dari:                 Constructions      in-progress   consist      of    the
                                                                             following:

                                               Persentase
                                              Penyelesaian
                                             (tidak diaudit)/                         Perkiraan Waktu
                                               Completion                              Penyelesaian/
                                               Percentage       Nilai Tercatat/      Estimated Time of
                        31 Desember 2024       (unaudited)      Carrying Value          Completion        December 31, 2024
                  Peralatan kantor                     5%-80%              13,002            2025-2026              Office equipment
                  Perbaikan gedung                    45%-99%               2,036            2025-2026        Building improvements
                  Total                                                    15,038                                               Total


                                               Persentase
                                              Penyelesaian
                                             (tidak diaudit)/                         Perkiraan Waktu
                                               Completion                              Penyelesaian/
                                               Percentage       Nilai Tercatat/      Estimated Time of
                        31 Desember 2023       (unaudited)      Carrying Value          Completion        December 31, 2023
                  Peralatan kantor                    15%-80%              16,177            2024-2025              Office equipment
                  Perbaikan gedung                        99%               1,821            2024-2025        Building improvements
                  Total                                                    17,998                                               Total


                 Persentase tingkat penyelesaian aset dalam                  The percentage of completion of the
                 penyelesaian pada tanggal 31 Desember 2024                  constructions     in      progress       as     of
                 berkisar antara 5%-99% (2023: 15%-99%) dari                 December 31, 2024 ranges from 5%-99%
                 nilai kontrak. Aset dalam penyelesaian terdiri              (2023: 15%-99%) of the contract values.
                 dari bangunan dan peralatan kantor dan                      Constructions in progress consist of buildings
                 diperkirakan akan selesai dalam waktu kurang                and furniture and fixtures and are estimated to
                 dari 1 sampai 2 tahun setelah tanggal laporan               be completed in less than 1 year up to 2 years
                 posisi keuangan.                                            after the statement of financial position date.

                 Manajemen tidak mengantisipasi akan ada                     The management does not anticipate any
                 kesulitan dalam penyelesaian pembangunan                    difficulties in the completion of the above
                 pada waktu yang ditargetkan.                                facilities at targeted time.

                 Aset hak-guna                                               Right-of-use assets
                 Bank memiliki kontrak sewa untuk bangunan                   The Bank has lease contracts for buildings
                 yang digunakan dalam operasi Bank yang                      used in the Bank's operations. Building leases
                 dicatat sebagai aset hak-guna. Sewa bangunan                generally have a lease term of 2 to 5 years.
                 umumnya memiliki jangka waktu sewa antara 2
                 sampai 5 tahun.

                 Beban penyusutan aset hak-guna yang                         The depreciation expense for the years ended
                 dibebankan untuk tahun yang berakhir pada                   December 31, 2024 and 2023 amounted to
                 tanggal-tanggal 31 Desember 2024 dan 2023                   Rp24,841    and     Rp45,431,     respectively
                 masing-masing     sebesar  Rp24.841   dan                   (Note 32).
                 Rp45.431 (Catatan 32).

                 Pada tanggal 31 Desember 2024 dan 2023,                     As of December 31, 2024 and 2023, the
                 jumlah tercatat liabilitas sewa adalah sebesar              carrying amount of lease liabilities was
                 Rp19.511 dan Rp19.991 (Catatan 24).                         Rp19,511      and Rp19,991  (Note    24),
                                                                             respectively.




                                                                  79




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Page 463
               PT BANK MEGA TBK                                                                                                    PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                                     NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                                    (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                                       For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                                       December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                               (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                                         Unless Otherwise Stated)

                14.     Aset Lain-Lain                                                                   14. Other Assets
                                                                               2024                                           2023
                                                                            Mata uang                                      Mata uang
                                                                              asing/                                         asing/
                                                                             Foreign          Jumlah/                       Foreign          Jumlah/
                                                           Rupiah           currencies         Total         Rupiah        currencies         Total
                        Pihak berelasi (Catatan 39)                                                                                                                 Related parties (Note 39)
                          Piutang sewa                              9,961                --         9,961         10,091                --        10,091                   Rent receivables
                          Bunga yang masih
                            akan diterima                        5,720                   --         5,720          4,423           1,237           5,660                  Interest receivables
                        Total pihak berelasi                    15,681                   --        15,681         14,514           1,237          15,751                  Total related parties
                        Pihak ketiga
                        Agunan yang diambil alih,                                                                                                                               net of allowance
                          setelah dikurangi cadangan                                                                                                                            for impairment
                          kerugian penurunan nilai,                                                                                                                       losses of Rp10,185
                          masing-masing sebesar                                                                                                                                and Rp9,525 at
                          Rp10,185 dan Rp9,525                                                                                                                             December 31,2024
                          pada tanggal 31 Desember                                                                                                                                   and 2023,
                          2024 dan 2023                      1,324,248                  --       1,324,248     1,327,078               --       1,327,078                          respectively
                        Bunga yang masih akan diterima       1,085,677             29,949        1,115,626       969,867          25,776          995,643                   Interest receivables
                        Tagihan penjualan surat berharga       190,190             50,694          240,884       268,455          17,191          285,646          Sale of securities receivable
                        Aset yang diblokir (Catatan 40)        206,630                  --         206,630       206,630               --         206,630           Restricted assets (Note 40)
                        Tagihan transaksi kartu kredit          73,850                  --          73,850       124,678               --         124,678   Credit card transaction receivables
                        Beban dibayar di muka                   27,817                  --          27,817        17,889               --          17,889                     Prepaid expenses
                        Setoran jaminan                         11,797              7,769           19,566        13,453           7,432           20,885                      Security deposits
                        Uang muka                               12,875                  --          12,875        12,441               --          12,441                              Advances
                        Piutang sewa                             1,393                  --           1,393         1,438               --           1,438                      Rent receivables
                        Lain-lain                              571,962              9,670          581,632       608,496          11,220          619,716                                  Others
                        Total pihak ketiga                   3,506,439             98,082        3,604,521     3,550,425          61,619        3,612,044                    Total third parties
                        Total                                3,522,120             98,082        3,620,202     3,564,939          62,856        3,627,795                                  Total



                a.      Piutang sewa dari pihak berelasi merupakan                                      a.    Rent receivables from related parties represent
                        piutang dari hasil sewa ruangan kantor Bank                                           office space lease receivables of Bank Mega
                        Mega kepada PT Mega Capital Sekuritas,                                                office to PT Mega Capital Sekuritas, PT Para
                        PT Para Bandung Propertindo, PT Asuransi                                              Bandung Propertindo, PT Asuransi Umum
                        Umum Mega, PT Trans Retail Indonesia,                                                 Mega, PT Trans Retail Indonesia, PT PFI
                        PT PFI Mega Life Insurance, PT Duta Visual                                            Mega Life Insurance, PT Duta Visual
                        Nusantara TV 7, PT Bank Mega Syariah,                                                 Nusantara TV 7, PT Bank Mega Syariah,
                        PT Mega Asset Management, PT Indonusa                                                 PT Mega Asset Management, PT Indonusa
                        Telemedia, PT Mega Central Finance,                                                   Telemedia, PT Mega Central Finance,
                        PT Trans Coffee, PT Trans Kalla Makassar,                                             PT Trans Coffee, PT Trans Kalla Makassar,
                        PT Trans E Produksi, PT Trans Rekreasindo,                                            PT Trans E Produksi, PT Trans Rekreasindo,
                        PT Trans Burger, PT Trans Ice, PT Detik TV                                            PT Trans Burger, PT Trans Ice, PT Detik TV
                        Dua, PT Trans Fashion Indonesia, PT Trans                                             Dua, PT Trans Fashion Indonesia, PT Trans
                        Fashion, PT Trans News Corpora, PT Mega                                               Fashion, PT Trans News Corpora, PT Mega
                        Auto Finance, PT Rekreasindo Nusantara,                                               Auto Finance, PT Rekreasindo Nusantara,
                        PT Allo Bank Indonesia Tbk, PT Televisi                                               PT Allo Bank Indonesia Tbk, PT Televisi
                        Transformasi Indonesia dan PT Trans Berita                                            Transformasi Indonesia and PT Trans Berita
                        Bisnis. Untuk tahun yang berakhir pada tanggal                                        Bisnis. For the years ended December 31,
                        31 Desember 2024 dan 2023, pendapatan                                                 2024 and 2023, the rent income recognized
                        sewa tersebut diakui masing-masing sebesar                                            amounted to Rp34,502 and Rp33,100
                        Rp34.502 dan Rp33.100 dicatat sebagai                                                 respectively, were recorded as part of non-
                        bagian dari pendapatan non-operasional pada                                           operating    income    in    profit   or   loss
                        laba rugi (Catatan 34 dan 39).                                                        (Notes 34 and 39).

                b.      Kolektibilitas agunan yang diambil alih sesuai                                  b.    Collectability  foreclosed     collaterals in
                        dengan Peraturan Otoritas Jasa Keuangan                                               accordance with Financial Services Authority
                        diungkapkan pada Catatan 49i.                                                         Regulations are disclosed in Note 49i.

                        Ikhtisar  perubahan     cadangan    kerugian                                          The movements of the allowance for
                        penurunan nilai atas agunan yang diambil alih                                         impairment losses of foreclosed assets are as
                        adalah sebagai berikut:                                                               follows:




                                                                                                   80




LK_AR Bank MEGA 2024_INA.indd 91                                                                                                                                                              05/03/25 02.22
Page 464
         PT BANK MEGA TBK                                                                                                 PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                                 (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                                                    For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                                    December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                                            (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                                      Unless Otherwise Stated)

                                                                              2024                       2023
                  Saldo awal                                                           9,525                     9,139                           Beginning balance
                  Penambahan penyisihan dalam                                                                                         Additional of provision during
                    tahun berjalan (Catatan 31)                                         660                        386                        the year (Note 31)
                  Saldo akhir                                                        10,185                      9,525                             Ending balance


                 Manajemen Bank berpendapat bahwa jumlah                                            The Bank’s management believes that the
                 cadangan kerugian penurunan nilai atas                                             allowance for impairment losses of foreclosed
                 agunan yang diambil alih telah memadai dan                                         assets was adequate and recorded at its net
                 nilai tercatat agunan yang diambil alih tersebut                                   realizable value.
                 merupakan nilai bersih yang dapat direalisasi.

          c.     Sehubungan dengan kasus PT Elnusa Tbk,                                       c.    The Bank has put certain Government
                 Bank telah memblokir Surat Utang Negara                                            Debenture Debt (“SUN”) as restricted asset
                 sebesar Rp111.000 seperti yang diwajibkan                                          amounting to Rp111,000 as required by Bank
                 dalam        Surat       Bank       Indonesia                                      Indonesia      (“BI’)   under   Letter     No.
                 No. 13/26/DPBI1/PPBI1-2/Rahasia tanggal 24                                         13/26/DPBI1/PPBI1- 2/Rahasia dated May 24,
                 Mei 2011. Selain itu, berdasarkan Surat dari                                       2011. In addition, based on Letter from the
                 Otoritas Jasa Keuangan No.S-75/PB/311/2023                                         Financial      Services    Authority     No.S-
                 tertanggal 8 November 2023, Bank juga                                              75/PB/311/2023 dated November 8 2023, the
                 diwajibkan memblokir SUN sebesar Rp95.630,                                         Bank are also required to restricted SUN
                 sehingga total SUN yang diblokir pada                                              amounting to Rp95,630, so the total restricted
                 30 Desember 2024 dan 2023 sebesar                                                  SUN as of December 31, 2024 and December
                 Rp206.630. Karena pemblokiran tersebut, SUN                                        31 2023 is Rp206,630. Because of this
                 tersebut disajikan sebagai aset lain-lain dan                                      restriction, such SUN were presented as part
                 bukan sebagai bagian dari efek-efek. Pada                                          of other assets and not as securities. In May
                 bulan Mei 2024 kasus hukum tersebut telah                                          2024, the legal case has been closed
                 diselesaikan (Catatan 40 dan 51).                                                  (Notes 40 and 51).

         15.     Liabilitas Segera                                                             15. Obligations Due Immediately

                 Liabilitas segera terutama terdiri dari transaksi                                  Obligations due immediately mainly consist of
                 kliring atau transfer nasabah yang belum                                           clearing transactions or unsettled customers’
                 diselesaikan dan titipan pembayaran pajak                                          money transfer and deposit of tax payments
                 yang belum dilimpahkan ke rekening Kantor                                          which has not yet been transferred to the
                 Perbendaharaan dan Kas Negara (”KPKN”)                                             account of Kantor Perbendaharaan dan Kas
                 sehubungan dengan kegiatan operasional                                             Negara (“KPKN”) in relation with the Bank’s
                 Bank sebagai Bank Persepsi.                                                        function as Collecting Bank.

         16.     Giro                                                                          16. Current Accounts
                                                                 2024                                               2023
                                                              Mata uang                                          Mata uang
                                                                asing/                                             asing/
                                                               Foreign           Jumlah/                          Foreign        Jumlah/
                                                Rupiah        currencies          Total            Rupiah        currencies       Total
                  Pihak berelasi (Catatan 39)       317,061          70,185             387,246        388,017          94,766       482,783      Related parties (Note 39)
                  Pihak ketiga                    7,291,986       2,703,416           9,995,402      7,499,490       2,143,452     9,642,942                   Third parties
                  Total                           7,609,047       2,773,601          10,382,648      7,887,507       2,238,218    10,125,725                          Total



                 Giro dalam mata uang asing terdiri dari Dolar                                      Current accounts in foreign currencies consist
                 Amerika Serikat, Dolar Australia, Dolar                                            of United States Dollar, Australian Dollar,
                 Singapura, Poundsterling Inggris, Euro Eropa,                                      Singapore Dollar, Great Britain Poundsterling,
                 Yen Jepang dan Yuan Cina.                                                          European Euro, Japanese Yen and Chinese
                                                                                                    Yuan.




                                                                                         81




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Page 465
               PT BANK MEGA TBK                                                                                        PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                        (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                           For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                           December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                   (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                             Unless Otherwise Stated)

                        Suku bunga rata-rata tertimbang setahun untuk                             The weighted average of interest rate per
                        giro adalah sebagai berikut:                                              annum for current accounts are as follows:

                                                                              2024                    2023
                        Rupiah                                                       3.93%                      3.04%                                      Rupiah
                        Mata uang asing                                                                                                       Foreign currencies
                        Dolar Amerika Serikat                                        2.23%                      2.62%                       United States Dollar
                        Dolar Australia                                              0.04%                      0.05%                            Australian Dollar
                        Dolar Singapura                                              0.04%                      0.04%                            Singapore Dollar
                        Poundsterling Inggris                                        0.05%                      0.05%                 Great Britain Poundsterling


                        Giro yang digunakan sebagai jaminan atas                                  Demand deposits that are pledged as
                        fasilitas-fasilitas kredit, bank garansi dan letters                      collaterals for loans, bank guarantees and
                        of credit yang diberikan oleh Bank kepada                                 letters of credit issued by the Bank to
                        nasabah atau yang diblokir pada tanggal 31                                customers or blocked as of December 31,
                        Desember 2024 dan 2023 masing-masing                                      2024, and 2023 were RpNil, respectively
                        sebesar RpNihil (Catatan 11).                                             (Note 11).

                        Giro dari pihak berelasi diungkapkan pada                                 Demand deposits from related parties were
                        Catatan 39. Informasi mengenai jatuh tempo                                disclosed in Note 39. Information in respect of
                        giro yang diberikan diungkapkan pada Catatan                              maturities are disclosed in Note 45e.
                        45e. Informasi mengenai klasifikasi dan nilai                             Information with regards to the classification
                        wajar diungkapkan pada Catatan 44.                                        and fair value are disclosed in Note 44.


                17.     Tabungan                                                             17. Saving Deposits

                                                                 2024                                                   2023
                                           Pihak berelasi                                     Pihak berelasi
                                            (Catatan 39)/                                      (Catatan 39)/
                                               Related                                            Related
                                               parties       Pihak ketiga/     Jumlah/            parties         Pihak ketiga/      Jumlah/
                                              (Note 39)      Third parties      Total            (Note 39)        Third parties       Total
                        Rupiah:                                                                                                                              Rupiah:
                        Mega Dana                  25,493         7,161,013       7,186,506           34,153             7,406,827     7,440,980          Mega Dana
                        Mega Perdana                4,039         3,167,317       3,171,356           14,449             2,159,356     2,173,805       Mega Perdana
                        Mega Ultima                 6,709         1,897,765       1,904,474           23,281             1,705,296     1,728,577         Mega Ultima
                        Mega Maxi                   3,033           824,255         827,288            6,109               952,063       958,172           Mega Maxi
                        Mega Peduli                 1,086           613,276         614,362              696               458,711       459,407         Mega Peduli
                        Mega Rencana                2,211           421,757         423,968            1,815               312,057       313,872      Mega Rencana
                        Mega Salary                23,209            33,993          57,202           24,602                41,490        66,092         Mega Salary
                        Tabunganku                      8            58,607          58,615                7                66,009        66,016         Tabunganku
                        Mega Proteksi                   --               96              96                --                  106           106       Mega Proteksi
                        Mega Prestasi                   --                7               7                --                    9             9       Mega Prestasi
                        Mata uang asing:                                                                                                           Foreign currency:
                        Mega Valas                  6,551         2,937,219       2,943,770            8,531             2,446,674     2,455,205          Mega Valas
                        Total                      72,339        17,115,305      17,187,644          113,643            15,548,598    15,662,241               Total



                        Tabungan dalam mata uang asing terdiri dari                               Saving deposits in foreign currencies consist of
                        Dolar Amerika Serikat, Dolar Australia, Dolar                             United States Dollar, Australian Dollar,
                        Singapura, Yuan Cina, Yen Jepang, Franc                                   Singapore Dollar, Chinese Yuan, Japanese
                        Swiss, Poundsterling Inggris, Euro Eropa dan                              Yen,    Swiss     Franc,     Great     Britanian
                        Dolar New Zealand.                                                        Poundsterling, European Euro and New
                                                                                                  Zealand Dollar.




                                                                                      82




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         PT BANK MEGA TBK                                                                                                PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                                (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                                                   For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                                   December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                                           (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                                     Unless Otherwise Stated)

                 Suku bunga rata-rata tertimbang setahun untuk                                     The weighted average of interest rate per
                 tabungan adalah sebagai berikut:                                                  annum for saving deposits are as follows:

                                                                               2024                    2023
                  Rupiah                                                              1.40%                      1.33%                                        Rupiah
                  Mata uang asing                                                                                                                  Foreign currencies
                    Yuan Cina                                                         0.10%                      0.10%                               Chinese Yuan
                    Dolar Australia                                                   0.04%                      0.04%                            Australian Dollar
                    Dolar Amerika Serikat                                             0.25%                      0.27%                         United States Dollar
                    Dolar Singapura                                                   0.04%                      0.04%                            Singapore Dollar
                    Dolar New Zealand                                                 0.00%                      0.00%                         New Zealand Dollar


                 Pada tanggal 31 Desember 2024 dan 2023                                            As of December 31, 2024 and 2023 there were
                 tidak ada tabungan yang digunakan sebagai                                         no saving deposits that are pledged as
                 jaminan atas fasilitas-fasilitas kredit, bank                                     collaterals for loans, bank guarantees and
                 garansi dan letters of credit yang diberikan oleh                                 letters of credits issued by the Bank to
                 Bank kepada nasabah atau yang diblokir.                                           customers or blocked.

                 Tabungan dari pihak berelasi diungkapkan                                          Saving deposits from related parties were
                 pada Catatan 39. Informasi mengenai jatuh                                         disclosed in Note 39. Information in respect of
                 tempo tabungan yang diberikan diungkapkan                                         maturities are disclosed in Note 45e.
                 pada Catatan 45e. Informasi mengenai                                              Information with regards to the classification
                 klasifikasi dan nilai wajar tabungan yang                                         and fair value are disclosed in Note 44.
                 diberikan diungkapkan pada Catatan 44.


         18.     Deposito Berjangka                                                            18. Time Deposits

                                                              Mata uang                                            Mata uang
                                                                asing/                                               asing/
                                                               Foreign           Jumlah/                            Foreign          Jumlah/
                                                Rupiah        currencies          Total            Rupiah          currencies         Total

                  Pihak berelasi (Catatan 39)       516,025          106,065             622,090     1,649,265              68,052      1,717,317    Related parties (Note 39)
                  Pihak ketiga                   57,995,900        5,481,015          63,476,915    56,535,911           5,394,556     61,930,467                 Third parties
                  Total                          58,511,925        5,587,080          64,099,005    58,185,176           5,462,608     63,647,784                        Total




                 Deposito berjangka yang digunakan sebagai                                         Time deposits that are pledged as collaterals
                 jaminan atas fasilitas-fasilitas kredit, bank                                     for loans, bank guarantees and letters of credit
                 garansi dan letters of credit yang diberikan oleh                                 issued by the Bank to customers or blocked
                 Bank kepada nasabah atau yang diblokir pada                                       were Rp928,447 and Rp696,137 as of
                 tanggal 31 Desember 2024 dan 2023 masing-                                         December 31, 2024 and 2023, respectively
                 masing sebesar Rp928.447 dan Rp696.137                                            (Note 11).
                 (Catatan 11).

                 Deposito berjangka dalam mata uang asing                                          Time deposits in foreign currencies consist of
                 terdiri dari Dolar Amerika Serikat, Dolar                                         United States Dollar, Australian Dollar,
                 Australia, Dolar Singapura dan Euro Eropa.                                        Singapore Dollar and European Euro.

                 Tingkat suku bunga rata-rata tertimbang                                           The weighted average interest rates per
                 setahun untuk deposito berjangka adalah                                           annum of time deposits are as follows:
                 sebagai berikut:




                                                                                         83




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Page 467
               PT BANK MEGA TBK                                                                                PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                   For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                   December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                           (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                     Unless Otherwise Stated)

                                                                       2024                  2023
                        Rupiah                                                5.73%                 5.26%                            Rupiah
                        Mata uang asing                                                                                  Foreign currencies
                        Dolar Amerika Serikat                                 5.02%                 2.70%               United States Dollar
                        Dolar Australia                                       3.62%                 2.71%                  Australian Dollar
                        Euro Eropa                                            1.68%                 0.79%                    European Euro
                        Dolar Singapura                                       2.79%                 0.31%                  Singapore Dollar

                        Deposito berjangka dari pihak berelasi                             Time deposits from related parties were
                        diungkapkan pada Catatan 39. Informasi                             disclosed in Note 39. Information in respect of
                        mengenai jatuh tempo deposito berjangka yang                       maturities are disclosed in Note 45e.
                        diberikan diungkapkan pada Catatan 45e.                            Information with regards to the classification
                        Informasi mengenai klasifikasi dan nilai wajar                     and fair value are disclosed in Note 44.
                        deposito     berjangka     yang     diberikan
                        diungkapkan pada Catatan 44.

                19.     Simpanan dari Bank Lain                                        19. Deposits From Other Banks

                        Rincian simpanan          dari   bank   lain   adalah              The details of deposits from other banks are as
                        sebagai berikut:                                                   follows:
                                                                       2024                  2023
                        Rupiah                                                                                                          Rupiah
                        Pihak berelasi (Catatan 39)                                                                   Related parties (Note 39)
                          Giro                                              57,678               194,937                   Current accounts
                          Call money                                     1,750,000             1,000,000                         Call money
                        Pihak ketiga                                                                                               Third parties
                          Deposito berjangka                               221,700               309,180                      Time deposits
                          Tabungan                                          63,636                73,176                    Saving deposits
                          Giro                                              52,467                43,946                   Current accounts
                          Call money                                     1,300,000             1,790,000                         Call money
                                                                         3,445,481             3,411,239
                        Mata uang asing                                                                                     Foreign currency
                        Pihak berelasi (Catatan 39)                                                                   Related parties (Note 39)
                          Giro                                                 1,271                 7,145                 Current accounts
                        Pihak ketiga                                                                                               Third parties
                          Call money                                      386,280                454,212                         Call money
                                                                          387,551                461,357
                        Total                                            3,833,032             3,872,596                                  Total


                        Informasi mengenai jatuh tempo deposito                            Information in respect of maturities of time
                        berjangka dan call money dari bank lain                            deposit and call money from other banks were
                        diungkapkan pada Catatan 45e. Informasi                            disclosed in Note 45e. Information with regards
                        mengenai klasifikasi dan nilai wajar simpanan                      to the classification and fair value of deposits
                        dari bank lain yang diberikan diungkapkan                          from other banks were disclosed in Note 44.
                        pada Catatan 44.
                        Simpanan yang diterima dari pihak berelasi                         The outstanding balances of deposits from
                        merupakan simpanan dari PT Bank Mega                               related parties represents deposits from
                        Syariah, PT Bank Pembangunan Daerah                                PT     Bank    Mega   Syariah,  PT   Bank
                        Sulawesi Utara dan Gorontalo, PT Bank                              Pembangunan      Daerah    Sulawesi Utara
                        Pembangunan Daerah Sulawesi Tengah dan                             dan Gorontalo, PT Bank Pembangunan
                        PT Allo Bank Indonesia Tbk.                                        Daerah Sulawesi Tengah and PT Allo Bank
                                                                                           Indonesia Tbk.
                        Suku bunga rata-rata tertimbang tahunan                            The weighted average of interest rate per
                        simpanan dari bank lain adalah sebagai                             annum of deposits from other banks are as
                        berikut:                                                           follows:

                                                                                84




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Page 468
         PT BANK MEGA TBK                                                                                 PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                 (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                                    For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                    December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                            (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                      Unless Otherwise Stated)

                                                                  2024                   2023
                  Rupiah                                                                                                                Rupiah
                   Giro                                                  4.52%                    4.79%                      Current accounts
                   Tabungan                                              1.11%                    1.20%                       Saving deposits
                   Deposito                                              3.90%                    4.92%                         Time deposits
                   Call Money                                            6.28%                    5.92%                           Call Money
                  Valuta Asing                                                                                                 Foreign currency
                   Call money                                            5.39%                    5.23%                           Call money


                 Klasifikasi jangka waktu simpanan dari bank                         The classification of deposits from other banks
                 lain berdasarkan sisa umur sampai dengan                            based on their remaining period to maturity are
                 saat jatuh tempo adalah sebagai berikut:                            as follows:

                                                                  31 Desember/December 31, 2024
                                                                                    > 3 bulan -
                                                                                     1 tahun/
                                                ≤ 1 bulan/        > 1 -3 bulan/    > 3 months -           Jumlah/
                                                ≤ 1 month        > 1 - 3 months       1 year               Total

                  Rupiah                                                                                                                      Rupiah
                  Pihak berelasi (Catatan 39)                                                                               Related parties (Note 39)
                    Call Money                       1,750,000                  --                 --        1,750,000                  Call money
                    Giro                                57,678                  --                 --           57,678           Current accounts
                  Total pihak berelasi               1,807,678                  --                 --        1,807,678           Total related parties
                  Pihak ketiga                                                                                                          Third parties
                    Deposito berjangka                 199,200           21,000              1,500             221,700               Time deposits
                    Call money                       1,300,000                --                 --          1,300,000                 Call money
                    Tabungan                            63,636                --                 --             63,636             Saving deposits
                    Giro                                52,467                --                 --             52,467              Current accounts
                  Total pihak ketiga                 1,615,303           21,000              1,500           1,637,803             Total third parties
                  Total Rupiah                       3,422,981           21,000              1,500           3,445,481                  Total Rupiah

                  Mata uang asing                                                                                                 Foreign currency
                  Pihak berelasi (Catatan 39)                                                                               Related parties (Note 39)
                    Giro                                 1,271                  --                 --               1,271        Current accounts
                  Pihak ketiga                                                                                                           Third parties
                    Call money                        386,280                   --                 --          386,280                  Call money
                  Total valuta asing                  387,551                   --                 --          387,551         Total foreign currency

                  Total                              3,810,532           21,000              1,500           3,833,032                          Total




                                                                           85




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Page 469
               PT BANK MEGA TBK                                                                                 PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                 (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                    For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                    December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                            (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                      Unless Otherwise Stated)

                                                                        31 Desember/December 31, 2023
                                                                                          > 3 bulan -
                                                                                           1 tahun/
                                                      ≤ 1 bulan/        > 1 -3 bulan/    > 3 months -        Jumlah/
                                                      ≤ 1 month        > 1 - 3 months       1 year            Total

                        Rupiah                                                                                                                   Rupiah
                        Pihak berelasi (Catatan 39)                                                                            Related parties (Note 39)
                          Call Money                       1,000,000                  --                --      1,000,000                  Call money
                          Giro                               194,937                  --                --        194,937           Current accounts
                        Total pihak berelasi               1,194,937                  --                --      1,194,937           Total related parties

                        Pihak ketiga                                                                                                       Third parties
                          Deposito berjangka                 284,180           20,500              4,500          309,180               Time deposits
                          Call money                       1,790,000                --                 --       1,790,000                 Call money
                          Tabungan                            73,176                --                 --          73,176             Saving deposits
                          Giro                                43,946                --                 --          43,946              Current accounts
                        Total pihak ketiga                 2,191,302           20,500              4,500        2,216,302             Total third parties
                        Total Rupiah                       3,386,239           20,500              4,500        3,411,239                  Total Rupiah

                        Mata uang asing                                                                                              Foreign currency
                        Pihak berelasi (Catatan 39)                                                                            Related parties (Note 39)
                          Giro                                 7,145                  --                --             7,145        Current accounts
                        Pihak ketiga                                                                                                        Third parties
                          Call money                        454,212                   --                --        454,212                  Call money
                        Total valuta asing                  461,357                   --                --        461,357         Total foreign currency
                        Total                              3,847,596           20,500              4,500        3,872,596                          Total


                        Pada tanggal 31 Desember 2024 dan 2023,                             As of December 31, 2024 and 2023, there
                        tidak terdapat simpanan dari bank lain yang                         were no deposits from other banks which were
                        dijaminkan.                                                         pledged.




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Page 470
         PT BANK MEGA TBK                                                                                                         PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                                          NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                                         (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                                                            For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                                            December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                                                    (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                                              Unless Otherwise Stated)


         20.     Efek-Efek yang Dijual dengan Janji Dibeli                                              20. Securities Sold                      Under       Agreement                    to
                 Kembali                                                                                    Repurchase

                                                                                       31 Desember/December 31, 2024
                                                                                                                                   Liabilitas       Beban bunga
                                                                                                                                  pembelian          yang belum
                                                                    Nilai nominal/        Tanggal              Tanggal              kembali/        diamortisasi/       Nilai tercatat/
                         Nasabah/              Jenis efek-efek/        Nominal            dimulai/          jatuh tempo/         Repurchased        Unamortized           Carrying
                        Counterparty          Type of securities       amount           Starting date       Maturity date          liabilities         interest             value

                  Pihak berelasi/
                  Related parties
                  PT Allo Bank               Obligasi Pemerintah/                          31 Desember/             2 Januari/
                    Indonesia Tbk            Government Bonds                250,000   December 31, 2024      January 2, 2025             236,315                (40)             236,275

                  Pihak ketiga/
                  Third parties
                  Rupiah
                  PT Bank                    SRBI/                                         19 Desember/             2 Januari/
                    Pan Indonesia Tbk        SRBI                          1,000,000   December 19, 2024      January 2, 2025             951,734              (169)              951,565
                  PT Bank                    SRBI/                                         24 Desember/             7 Januari/
                    Pan Indonesia Tbk        SRBI                             50,000   December 24, 2024      January 7, 2025              47,618                (51)              47,567
                                             Obligasi Pemerintah/                          30 Desember/            13 Januari/
                  PT Bank HSBC
                                             Government Bonds                 20,000   December 30, 2024     January 13, 2025              20,781                (44)              20,737
                  PT Bank                    Obligasi Pemerintah/                          30 Desember/             6 Januari/
                   Digital BCA               Government Bonds                210,000   December 30, 2024      January 6, 2025             205,515              (181)              205,334
                  PT Bank                    SRBI/                                         31 Desember/            14 Januari/
                   Pan Indonesia Tbk         SRBI                             50,000   December 31, 2024     January 14, 2025              47,720              (110)               47,610
                                             Obligasi Pemerintah/                          31 Desember/             2 Januari/
                  PT Bank Nagari
                                             Government Bonds                600,000   December 31, 2024      January 2, 2025             575,847                (97)             575,750
                  PT Bank Rakyat             Obligasi Pemerintah/                          31 Desember/             2 Januari/
                   Indonesia (Persero) Tbk   Government Bonds              1,000,000   December 31, 2024      January 2, 2025             978,124              (167)              977,957
                                             Obligasi Pemerintah/                          27 Desember/             3 Januari/
                  Bank Indonesia
                                             Government Bonds              3,500,000   December 27, 2024      January 3, 2025           3,207,812             (1,113)           3,206,699
                                             Obligasi Pemerintah/                          30 Desember/             6 Januari/
                  Bank Indonesia
                                             Government Bonds              3,520,000   December 30, 2024      January 6, 2025           3,402,972             (2,950)           3,400,022
                                             Obligasi Pemerintah/                          31 Desember/             7 Januari/
                  Bank Indonesia
                                             Government Bonds              3,580,000   December 31, 2024      January 7, 2025           3,281,086             (3,414)           3,277,672
                                                                          13,780,000                                                   12,955,524             (8,336)          12,947,188



                                                                                       31 Desember/December 31, 2023
                                                                                                                                   Liabilitas       Beban bunga
                                                                                                                                  pembelian          yang belum
                                                                    Nilai nominal/        Tanggal              Tanggal              kembali/        diamortisasi/       Nilai tercatat/
                         Nasabah/              Jenis efek-efek/        Nominal            dimulai/          jatuh tempo/         Repurchased        Unamortized           Carrying
                        Counterparty          Type of securities       amount           Starting date       Maturity date          liabilities         interest             value

                  Pihak ketiga/
                  Third parties
                  Rupiah
                  PT Bank                    Obligasi Pemerintah/                          11 Desember/             3 Januari/
                    Pan Indonesia Tbk        Government Bonds              1,110,000   December 11, 2023      January 3, 2024           1,037,530              (366)            1,037,164
                  PT Bank                    SRBI/                                         14 Desember/             2 Januari/
                    Pan Indonesia Tbk        SRBI                          1,300,000   December 14, 2023      January 2, 2024           1,226,755              (215)            1,226,540
                  PT Bank                    SRBI/                                         18 Desember/             4 Januari/
                    Pan Indonesia Tbk        SRBI                          1,400,000   December 18, 2023      January 4, 2024           1,320,064              (691)            1,319,373
                  PT Bank                    SRBI/                                         20 Desember/             8 Januari/
                    Pan Indonesia Tbk        SRBI                          1,300,000   December 20, 2023      January 8, 2024           1,245,571             (1,528)           1,244,043
                  PT Bank Victoria           Obligasi Pemerintah/                          22 Desember/             5 Januari/
                    International Tbk        Government Bonds                500,000   December 22, 2023      January 5, 2024             494,760              (348)              494,412
                                             Obligasi Pemerintah/                          27 Desember/             3 Januari/
                  Bank Indonesia
                                             Government Bonds              3,000,000   December 27, 2023      January 3, 2024           2,972,623             (1,031)           2,971,592
                                             Obligasi Pemerintah/                          27 Desember/             3 Januari/
                  Bank Indonesia
                                             Government Bonds                500,000   December 27, 2023      January 3, 2024             522,321              (181)              522,140
                  PT Bank Rakyat             Obligasi Pemerintah/                          28 Desember/             2 Januari/
                   Indonesia (Persero) Tbk   Government Bonds              1,000,000   December 28, 2023      January 2, 2024             942,988              (162)              942,826
                                             Obligasi Pemerintah/                          28 Desember/             4 Januari/
                  Bank Indonesia
                                             Government Bonds              1,680,000   December 28, 2023      January 4, 2024           1,569,659              (817)            1,568,842
                  PT Bank Mandiri            Obligasi Pemerintah/                          29 Desember/             2 Januari/
                   (Persero) Tbk             Government Bonds                500,000   December 29, 2023      January 2, 2024             471,749                (77)             471,672
                                             Obligasi Pemerintah/                          29 Desember/             5 Januari/
                  Bank Indonesia
                                             Government Bonds                300,000   December 29, 2023      January 5, 2024             296,310               (206)             296,104
                                                                          12,590,000                                                   12,100,330             (5,622)          12,094,708
                  Mata uang asing/
                  Foreign currency
                  PT Bank Mandiri            Obligasi Pemerintah/                          11 Desember/            12 Januari/
                    (Persero) Tbk            Government Bonds                500,000   December 11, 2023     January 12, 2024             479,361               (838)             478,523
                                                                          13,090,000                                                   12,579,691             (6,460)          12,573,231




                                                                                                87




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Page 471
               PT BANK MEGA TBK                                                                           PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                           (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                              For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                              December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                      (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                Unless Otherwise Stated)

                        Tingkat suku bunga rata-rata tertimbang                       The weighted average of interest rate per
                        setahun untuk efek-efek yang dijual dengan                    annum for securities sold under repurchased
                        janji dibeli kembali untuk tahun - tahun berakhir             agreement for the years ended December 31,
                        pada 31 Desember 2024 dan 2023 masing-                        2024 and 2023 were 6.41% and 4.47%,
                        masing adalah 6,41% dan 4,47%.                                respectively.

                        Informasi mengenai jatuh tempo diungkapkan                    Information in respect of maturities are
                        pada Catatan 45e. Informasi mengenai                          disclosed in Note 45e. Information with regards
                        klasifikasi dan nilai wajar diungkapkan pada                  to the classification and fair value are disclosed
                        Catatan 44.                                                   in Note 44.


                21.     Perpajakan                                               21. Taxation

                a.      Utang pajak penghasilan terdiri dari:                    a.   Income tax payable consists of:

                                                                  2024                  2023
                        Pajak penghasilan                                                                                    Income tax
                        Pasal 29                                       87,047                59,596                            Article 29
                        Pasal 4 (2)                                    65,404                56,719                          Article 4 (2)
                        Pasal 25                                       46,812                     --                           Article 25
                        Pasal 21                                       19,419                18,906                            Article 21
                        PPN                                             1,781                 1,534                                  VAT
                        Pasal 23                                          767                   748                            Article 23
                        Pasal 26                                           94                   323                            Article 26
                        Lainnya                                           740                   709                               Others
                        Total                                         222,064               138,535                                 Total


                b.      Beban pajak terdiri dari:                                b.   Tax expense consists of:

                                                                  2024                  2023
                        Pajak kini                                   707,360                826,980                           Current tax
                        Ketetapan pajak                                 5,675                 2,130                      Tax assessment
                        Pajak tangguhan                              (87,183)                 2,949                         Deferred tax
                        Neto                                         625,852                832,059                                  Net


                        Pada 2024, berdasarkan Surat Pemintaan                        In 2024, based on the Request for Explanation
                        Penjelasan atas Data dan/atau Keterangan                      Letter on Tax Data and/or Information for the
                        Pajak untuk tahun pajak 2020 dengan nomor                     2020 fiscal year with Letter No. S-
                        surat S-68/P2DK/KPP.1901/2024 dan 2021                        68/P2DK/KPP.1901/2024 and the 2021 fiscal
                        dengan nomor surat S-146/P2DK/KPP.1901/                       year         with    Letter      No.        S-
                        2024 terdapat koreksi nilai Pajak Penghasilan                 146/P2DK/KPP.1901/2024, a correction was
                        Badan, Bank melakukan pembayaran atas                         made to the Corporate Income Tax amount.
                        koreksi tersebut sebesar Rp1.902 untuk 2021                   Accordingly, the Bank has made payments for
                        dan Rp3.773 untuk 2020.                                       these corrections amounting to Rp1,902 for the
                                                                                      2021 fiscal year and Rp3,773 for the 2020
                                                                                      fiscal year.

                c.      Sesuai dengan peraturan perpajakan di                    c.   In accordance with the taxation laws in
                        Indonesia,       Bank     menghitung  dan                     Indonesia, the Bank calculates and submits
                        melaporkan/menyetorkan pajak berdasarkan                      income tax returns based on self-assessment.
                        sistem     self-assessment.  Fiskus  dapat                    The tax authorities may assess/amend taxes
                        menetapkan/mengubah pajak-pajak tersebut                      within the statute of limitations under the
                        dalam jangka waktu tertentu sesuai dengan                     prevailing regulations.
                        peraturan yang berlaku.



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Page 472
         PT BANK MEGA TBK                                                                        PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                        (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                           December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                   (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                             Unless Otherwise Stated)

          d.     Rekonsiliasi antara laba akuntansi sebelum             d.   The reconciliation between accounting income
                 beban pajak ke laba kena pajak untuk tahun                  before tax expense to taxable income for the
                 yang berakhir pada tanggal 31 Desember 2024                 years ended December 31, 2024 and 2023 are
                 dan 2023 adalah sebagai berikut:                            as follows:

                                                        2024                   2023
                  Laba akuntansi sebelum                                                                Accounting income before
                    beban pajak - Bank                    3,256,906              4,342,729                 tax expense - Bank
                  Beda waktu:                                                                                   Timing differences:
                  Liabilitas imbalan pasca-kerja               (43,764)              (24,133)    Post-employment benefits liability
                  Keuntungan atas efek-efek                                                                        Gain on trading
                     yang diperdagangkan - neto                 (3,202)              (14,794)         marketable securities - net
                  Penyusutan aset tetap                         42,330                 42,309          Depreciation of fixed assets
                  Pemulihan cadangan kerugian                                                             Reversal for impairment
                     penurunan nilai atas aset                                                    losses on financial assets and
                     keuangan dan non-keuangan                 463,495               (18,903)               non-financial assets
                  Total beda temporer                          458,859               (15,521)          Total temporary differences
                  Beda tetap:                                                                              Permanent differences:
                  Jamuan dan representasi                        4,217                 9,127     Entertainment and representation
                  Sumbangan                                        490                   536                           Donations
                  Lain-lain                                      2,475                15,653                               Others
                  Total beda tetap                               7,182                25,316          Total permanent differences
                  Laba kena pajak                         3,722,947              4,352,524                         Taxable income
                  Beban pajak penghasilan badan                707,360               826,980       Corporate income tax expense
                  Dikurangi: pajak penghasilan                                                                 Less: prepayment
                    dibayar dimuka                         (620,313)             (767,384)                       of income tax
                  Utang pajak penghasilan badan               87,047                59,596        Corporate income tax payable


                 Laba kena pajak Perusahaan untuk tahun fiskal               Taxable income of the Bank for fiscal years
                 2024 dan 2023 hasil rekonsiliasi, seperti yang              2024 and 2023 resulting from the reconciliation
                 tercantum dalam tabel diatas menjadi dasar                  as shown in the table above will be the basis
                 dalam    pengisian   Surat     Pemberitahuan                for filing the Corporate Annual Tax Returns
                 Tahunan PPh Badan yang disampaikan ke                       submitted to the Tax Office.
                 Kantor Pajak.

          e.     Rekonsiliasi antara laba akuntansi Bank                e.   The reconciliation between the Bank’s
                 sebelum pajak dikali tarif pajak yang berlaku               accounting income before tax multiplied by the
                 dengan beban pajak adalah sebagai berikut:                  enacted tax rate applicable to income tax
                                                                             expense are as follows:

                                                        2024                  2023


                  Laba sebelum beban pajak                                                              Income before tax expense
                    menurut laporan laba rugi             3,256,906             4,342,729           per statement of profit or loss
                  Beban pajak berdasarkan
                    tarif pajak yang berlaku               618,812                825,119       Tax expense at applicable tax rates
                  Pengaruh pajak atas perbedaan
                    yang tidak dapat diperhitungkan                                                    Tax effect of non deductible
                    menurut fiskal                           1,365                  4,810                              expenses
                  Ketetapan pajak                            5,675                  2,130                        Tax determination
                  Jumlah beban pajak                       625,852                832,059                       Total tax expense




                                                                   89




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Page 473
               PT BANK MEGA TBK                                                                    PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                    (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                       For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                       December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                               (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                         Unless Otherwise Stated)

                        Pada tanggal 29 Oktober 2021, Pemerintah               On October 29, 2021, the Government issued
                        menerbitkan Undang-Undang No. 7 Tahun                  Law No. 7 of 2021 concerning the
                        2021     tentang    Harmonisasi    Peraturan           Harmonization of Tax Regulations, one of the
                        Perpajakan dimana salah satu klausa dalam              clauses in the regulation governs the
                        peraturan ini adalah penyesuaian tarif pajak           adjustment of tax rate to 22% for the year
                        badan untuk tahun 2022 dan seterusnya                  2022, onwards. For any taxpayer who meets
                        menjadi 22%. Bagi wajib pajak yang memenuhi            the Regulation of Minister of Finance No.
                        ketentuan    Peraturan   Menteri Keuangan              238/PMK.03/2008 dated December 30, 2008
                        No. 238/PMK.03/2008 tanggal 30 Desember                and PMK Number 40 of, 2023 promugulated
                        2008 dan PMK Nomor 40 tahun 2023 yang                  on April 13, 2023 can obtain are eligible of the
                        dapat diundangkan tanggal 13 April 2023                a tax rate deduction facility of 3%.
                        dapat memperoleh fasilitas penurunan tarif
                        pajak sebesar 3%.

                        Berdasarkan PMK 238/2008, perseroan                    Under the PMK 238/2008, domestic public
                        terbuka dalam negeri dapat memperoleh                  companies can apply for tax reduction of 5%
                        penurunan tarif Pajak Penghasilan sebesar 5%           lower than the highest income tax rate as
                        lebih rendah dari tarif tertinggi Pajak                stated in point 1b of article 17 of the Income
                        Penghasilan sebagaimana diatur dalam Pasal             Tax Law if the following criteria are met:
                        17     ayat     1b    (“Undang-undang     Pajak
                        Penghasilan”), jika memenuhi kriteria yang
                        ditentukan, sebagai berikut:
                        1. Apabila       jumlah    kepemilikan   saham         1. Total publicly-owned shares covers 40%
                             publiknya 40% (empat puluh persen) atau              (forty percent) or more of the total paid-up
                             lebih dari keseluruhan saham yang disetor            shares and such shares are owned by at
                             dan saham tersebut dimiliki paling sedikit           least 300 (three hundred) parties.
                             oleh 300 (tiga ratus) pihak.
                        2. Masing-masing pihak hanya boleh memiliki            2. Each party can only own less than 5% (five
                             saham kurang dari 5% (lima persen) dari              percent) shares of the total paid-up shares
                             keseluruhan saham yang disetor dalam                 within a minimum of 6 (six) months or 183
                             waktu paling singkat 6 (enam) bulan atau             (one hundred eighty three) calendar days
                             183 (seratus delapan puluh tiga) hari                in 1 (one) tax/fiscal year.
                             kalender dalam jangka waktu 1 (satu)
                             tahun pajak.
                        3. Wajib Pajak harus melampirkan Surat                 3. The Tax Payer should attach the
                             Keterangan dari Biro Administrasi Efek               Declaration Letter (“Surat Keterangan”)
                             pada Surat Pemberitahuan Tahunan PPh                 from the Securities Administration Bureau
                             WP Badan dengan melampirkan formulir                 (“Biro Administrasi Efek”) to the Annual
                             X.H.1-6     sebagaimana      diatur  dalam           Income Tax Return of the Tax Payer with
                             Peraturan BAPEPAM - LK Nomor X.H.1                   the form X.H.1-6 as provided in BAPEPAM
                             untuk setiap tahun pajak terkait.                    - LK Regulation No. X.H.1 for each
                                                                                  respective tax/fiscal year.

                        Manajemen berkeyakinan bahwa Bank telah                Management believe that the Bank has
                        memenuhi kriteria-kriteria tersebut di atas dan        complied with the above mentioned criteria;
                        oleh karena itu Bank telah menerapkan                  accordingly, the Bank has applied the tax
                        penurunan tarif pajak dalam perhitungan pajak          reduction in its 2024 and 2023 income tax
                        penghasilan tahun 2024 dan 2023. Dengan                calculation. Hence, the Bank has calculated
                        demikian, Bank telah menghitung pajak                  the corporate income tax for the year ended
                        penghasilan badan untuk tahun yang berakhir            December 31, 2024 and 2023 using a tax rate
                        pada tanggal 31 Desember 2024 dan 2023                 of 19%.
                        menggunakan tarif pajak 19%.




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Page 474
         PT BANK MEGA TBK                                                                                              PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                              (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                                                 For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                                 December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                                         (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                                   Unless Otherwise Stated)

          f.     Pajak    tangguhan      dihitung    berdasarkan                          f.      Deferred tax is calculated based on temporary
                 pengaruh dari perbedaan temporer antara                                          differences between the carrying value of total
                 jumlah tercatat aset dan liabilitas menurut                                      assets and liabilities recorded according to the
                 laporan posisi keuangan komersial dengan                                         commercial statements of financial positions
                 dasar pengenaan pajak aset dan liabilitas.                                       and tax bases of assets and liabilities. Details
                 Rincian dari aset (liabilitas) pajak tangguhan                                   of deferred tax assets (liabilities) are as
                 adalah sebagai berikut:                                                          follows:
                                                                         (Dibebankan)
                                                                          Dikreditkan          (Dibebankan)
                                                           Saldo          ke Laporan            Dikreditkan         Saldo
                                                           Awal/          Laba Rugi/            ke Ekuitas/         Akhir/
                                                         Beginning         (Charged)             (Charged)         Ending
                                                          Balance         Credited to             Credited         Balance
                                                           2024          Profit or Loss           to Equity         2024

                  Aset pajak tangguhan                                                                                                            Deferred tax assets
                  Liabilitas imbalan pasca-kerja               52,731             (8,315)              11,903           56,319        Post-employee benefits liability
                  Keuntungan/(kerugian) dari perubahan                                                                            Unrealized gain/(loss) on changes in
                    nilai atas efek-efek yang                                                                                                 fair value of securities
                    diukur pada nilai wajar melalui                                                                                   through other comprehensive
                    penghasilan komprehensif lain             (33,049)                  --            163,268          130,219                                income
                  Penyusutan aset tetap                         16,295              8,043                   --          24,338            Depreciation of fixed assets
                  Keuntungan yang belum direalisasi
                    atas efek-efek                                                                                                        Unrealized gain from trading
                    diperdagangkan - neto                      (5,219)              (609)                     --        (5,828)                       securities - net
                  Cadangan kerugian penurunan                                                                                               Allowance for impairment
                    nilai aset keuangan dan                                                                                                  losses on financial and
                    non-keuangan                              (70,822)            88,064                      --         17,242                  non-financial assets
                  Revaluasi aset tetap                       (116,748)                 --                     --      (116,748)               Fixed assets revaluation

                  Liabilitas pajak tangguhan                 (156,812)            87,183              175,171          105,542                Deferred tax liabilities


                                                                         (Dibebankan)
                                                                          Dikreditkan          (Dibebankan)
                                                           Saldo          ke Laporan            Dikreditkan         Saldo
                                                           Awal/          Laba Rugi/            ke Ekuitas/         Akhir/
                                                         Beginning         (Charged)             (Charged)         Ending
                                                          Balance         Credited to             Credited         Balance
                                                           2023          Profit or Loss           to Equity         2023
                  Liabilitas imbalan pasca-kerja               45,932             (4,585)              11,384           52,731        Post-employee benefits liability
                  Keuntungan/(kerugian) dari perubahan                                                                            Unrealized gain/(loss) on changes in
                    nilai atas efek-efek yang                                                                                                 fair value of securities
                    diukur pada nilai wajar melalui                                                                                   through other comprehensive
                    penghasilan komprehensif lain              83,202                   --           (116,251)         (33,049)                               income
                  Penyusutan aset tetap                         8,256               8,039                   --           16,295           Depreciation of fixed assets
                  Keuntungan yang belum direalisasi
                    atas efek-efek                                                                                                        Unrealized gain from trading
                    diperdagangkan - neto                      (2,408)            (2,811)                     --        (5,219)                       securities - net
                  Cadangan kerugian penurunan                                                                                               Allowance for impairment
                    nilai aset keuangan dan                                                                                                  losses on financial and
                    non-keuangan                              (67,230)            (3,592)                     --       (70,822)                  non-financial assets
                  Revaluasi aset tetap                       (116,748)                 --                     --      (116,748)               Fixed assets revaluation
                  Liabilitas pajak tangguhan                  (48,996)            (2,949)            (104,867)        (156,812)               Deferred tax liabilities



                 Manajemen Bank berpendapat bahwa seluruh                                         The Bank’s management believes that the total
                 aset pajak tangguhan dapat terpulihkan di                                        deferred tax assets can be recovered in future
                 tahun-tahun mendatang.                                                           years.




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               PT BANK MEGA TBK                                                                                         PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                         (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                            For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                            December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                    (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                              Unless Otherwise Stated)

                22.     Pinjaman yang Diterima                                             22. Fund Borrowings

                        Pada tahun 2024 dan 2023, pinjaman yang                                   In 2024 and 2023, the Bank received fund
                        diterima oleh Bank adalah sebagai berikut:                                borrowings were as follows:

                                                                              31 Desember/December 31, 2024
                                                                                          Suku                Nilai
                                                         Tanggal/Date                  Bunga (%)/        Penuh (US$)/        Ekuivalen Rp/
                                                Penerimaan/       Jatuh Tempo/          Interest         Full Amount          Equivalent
                                                  Receipt            Maturity           Rate (%)            (US$)               In Rp

                        Jangka panjang                                                                                                                   Long term
                        Pihak ketiga                                                                                                                    Third parties
                        Rupiah                                                                                                                                Rupiah
                        PT Bank Pembangunan      25 Oktober/       23 Oktober/                                                                 PT Bank Pembangunan
                          Daerah Jawa Barat      October 25,       October 23,                                                                   Daerah Jawa Barat
                          dan Banten Tbk            2024              2026                7.23                          --         1,500,000        dan Banten Tbk
                                                19 November /        19 Mei/
                        PT Bank ICBC            November 19,         May 19,                                                                           PT Bank ICBC
                         Indonesia                  2024              2026                7.12                          --           700,000             Indonesia
                                                26 November /     24 Desember/
                        PT Bank Maybank         November 26,      December 24,                                                                      PT Bank Maybank
                         Indonesia Tbk              2024              2025                7.13                          --           500,000          Indonesia Tbk
                        Total jangka panjang                                                                            --         2,700,000           Total long-term

                        Jangka pendek                                                                                                                      Short term
                        Dolar Amerika Serikat                                                                                                    United States Dollar
                        PT Bank Rakyat          10 Desember/         10 Maret/                                                                        PT Bank Rakyat
                          Indonesia             December 10,        March 10,                                                                             Indonesia
                          (Persero) Tbk             2024               2025               4.85               30,000,000              482,850          (Persero) Tbk
                        PT Bank Rakyat          21 November/       21 Februari/                                                                       PT Bank Rakyat
                          Indonesia             November 21,       February 21,                                                                           Indonesia
                          (Persero) Tbk             2024               2025               4.75               20,000,000              321,900          (Persero) Tbk
                                                 28 Oktober/        28 Januari/
                        PT Bank Central          October 28,       January 28,                                                                        PT Bank Central
                         Asia Tbk                   2024               2025               4.87               30,000,000              482,850               Asia Tbk
                        Total jangka pendek                                                                  80,000,000            1,287,600          Total short-term
                        Total                                                                                80,000,000            3,987,600                    Total


                                                                             31 Desember/December 31, 2023
                                                                                         Suku                Nilai
                                                         Tanggal/Date                 Bunga (%)/        Penuh (US$)/         Ekuivalen Rp/
                                                Penerimaan/       Jatuh Tempo/         Interest         Full Amount           Equivalent
                                                  Receipt            Maturity          Rate (%)            (US$)                In Rp

                        Jangka panjang                                                                                                                   Long term
                        Pihak ketiga                                                                                                                    Third parties
                        Rupiah                                                                                                                                Rupiah
                        PT Bank Pembangunan      31 Oktober/       25 Oktober/                                                                 PT Bank Pembangunan
                          Daerah Jawa Barat      October 31,       October 25,                                                                   Daerah Jawa Barat
                          dan Banten Tbk            2022              2024                7.94                          --         1,000,000        dan Banten Tbk

                        Jangka pendek                                                                                                                     Short term
                        Dolar Amerika Serikat                                                                                                    United States Dollar
                                                28 Desember/      27 Desember/
                                                December 28,      December 27,
                        Citibank, NA                2023              2024                6.10               49,000,000             754,453              Citibank, NA
                        PT Bank Rakyat           25 Oktober/       25 Januari/                                                                        PT Bank Rakyat
                          Indonesia              October 25,       January 25,                                                                            Indonesia
                          (Persero) Tbk             2023              2024                5.75               30,000,000             461,910           (Persero) Tbk
                                                13 Desember/        13 Maret/
                        PT Bank Central         December 13,        March 13,                                                                        PT Bank Central
                         Asia Tbk                   2023              2024                5.90               15,000,000             230,955               Asia Tbk
                                                14 Desember/        14 Maret/
                        PT Bank Central         December 14,        March 14,                                                                        PT Bank Central
                         Asia Tbk                   2023              2024                5.90               15,000,000             230,955               Asia Tbk
                                                29 Desember/        29 Maret/
                        PT Bank Central         December 29,        March 29,                                                                        PT Bank Central
                         Asia Tbk                   2023              2024                5.90               15,000,000              230,955              Asia Tbk
                        Total jangka pendek                                                                 124,000,000            1,909,228
                        Total                                                                               124,000,000            2,909,228                    Total



                        Informasi mengenai jatuh tempo pinjaman yang                              Information in respect of maturities of fund
                        diterima diungkapkan pada Catatan 45e.                                    borrowings is disclosed in Note 45e.
                        Informasi mengenai klasifikasi dan nilai wajar                            Information regarding the classification and fair
                        pinjaman yang diterima diungkapkan pada                                   value of fund borrowings is disclosed in
                        Catatan 44.                                                               Note 44.




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         PT BANK MEGA TBK                                                                                       PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                       (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                                          For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                          December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                                  (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                            Unless Otherwise Stated)

         23.     Obligasi Subordinasi                                                23. Subordinated Bonds

                 Pada tanggal 31 Desember 2024 dan 2023,                                  As of December 31, 2024 and 2023,
                 akun ini merupakan obligasi subordinasi yang                             respectively,     this account   represents
                 diterbitkan oleh Bank dengan rincian sebagai                             subordinated bonds issued by the Bank with
                 berikut:                                                                 details as follows:
                                                                     Tanggal             Tanggal /       Tingkat bunga
                                                                     dimulai/          jatuh tempo/     tetap pertahun/
                                                  Jangka waktu/      Starting            Maturity        Fixed interest     31 Desember/      31 Desember/
                                Jenis/Type            Term             date                date         rate per annum    December 31, 2024 December 31, 2023

                  Pihak berelasi (Catatan 39)/
                    related parties (Note 39)
                  Obligasi Subordinasi I                          28 Mei/May 28 ,     28 Mei/May 28 ,
                    PT Bank Mega Tbk Tahun 2020   5 Tahun/Years        2020                2025             9.00%                   48,000            48,000
                  Pihak ketiga/third parties
                  Obligasi Subordinasi I                          28 Mei/May 28 ,     28 Mei/May 28 ,
                    PT Bank Mega Tbk Tahun 2020   5 Tahun/Years        2020                2025             9.00%                    2,000            2,000
                                                                                                                                    50,000            50,000



                  Pada tanggal 28 Mei 2020, Bank menerbitkan                              On May 28, 2020 the Bank issued
                  Obligasi Subordinasi I PT Bank Mega Tbk                                 Subordinated Bonds I PT Bank Mega Tbk Year
                  Tahun 2020 dengan tingkat bunga tetap                                   2020 that bears fixed interest rate at 9.00% per
                  sebesar 9,00% per tahun dengan nilai                                    annum with a nominal value of Rp50,000.
                  nominal sebesar Rp50.000.

                  Bunga obligasi subordinasi dibayarkan setiap                            The interest of the subordinated bonds is paid
                  triwulan.   Pembayaran      bunga     obligasi                          on a quarterly basis. The first interest payment
                  subordinasi pertama dilakukan pada tanggal                              is paid on May 28, 2020 while the last payment
                  28 Mei 2020, sedangkan pembayaran bunga                                 of subordinated bonds interest and due date of
                  obligasi subordinasi terakhir sekaligus jatuh                           the subordinated bonds will be paid on maturity
                  tempo akan dilakukan pada saat jatuh tempo                              date, which due on May 28, 2025.
                  obligasi subordinasi pada tanggal 28 Mei
                  2025.

                  Penerbitan obligasi subordinasi memenuhi                                The issuance of subordinated bonds complies
                  Peraturan    Otoritas   Jasa    Keuangan                                with Financial Services Authority Regulations
                  diungkapkan pada Catatan 49j.                                           as disclosed in Note 49j.




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               PT BANK MEGA TBK                                                                                                        PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                                         NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                                        (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                                           For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                                           December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                                   (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                                             Unless Otherwise Stated)


                24.     Beban yang Masih Harus Dibayar dan                                             24. Accrued Expenses and Other Liabilities
                        Liabilitas Lain-Lain

                                                                       2024                                                       2023
                                                                    Mata uang                                                  Mata uang
                                                                      asing/                                                     asing/
                                                                     Foreign             Jumlah/                                Foreign          Jumlah/
                                                   Rupiah           currencies            Total               Rupiah           currencies         Total

                        Kewajiban pembelian                                                                                                                                 Obligation on
                          surat berharga                  42,743         48,645              91,388              178,790              34,529        213,319       securities purchased
                        Liabilitas sewa                   19,511              --             19,511               19,991                   --        19,991               Lease liabilities
                        Utang bunga                                                                                                                                    Interest payables
                          Pihak berelasi                                                                                                                               Related parties
                            (Catatan 39)                1,166                94               1,260                3,765                  95          3,860                 (Note 39)
                          Pihak ketiga                182,558            19,694             202,252              179,744              21,793        201,537                Third parties
                        Setoran jaminan                                                                                                                                Security deposits
                          Pihak berelasi                                                                                                                               Related parties
                          (Catatan 39)                       652               --                 652                   296               547           843                 (Note 39)
                          Pihak ketiga                     7,874             182                8,056                 7,893                45         7,938                Third parties
                        Beban yang masih
                          harus dibayar                     217                  --                  217              1,326                 --        1,326           Accrued expenses
                        Estimasi kerugian                                                                                                                       Allowance for impairment
                          komitmen dan                                                                                                                        losses on commitment and
                          kontinjensi                     207               467                 674                  184                 329            513              contingencies
                        Lain-lain                      90,310             3,767              94,077              110,657               5,372        116,029                       Others
                        Total                         345,238            72,849             418,087              502,646              62,710        565,356                         Total



                        Mutasi cadangan kerugian penurunan nilai                                                Movement of allowance for impairment on
                        atas komitmen dan kontinjensi                                                           losses of commitment and contingencies
                                                                                                2024
                                                                   Stage 1            Stage 2              Stage 3            Total

                         Saldo awal                                      513                    --                   --           513                              Beginning balance
                         Aset keuangan baru                                --                   --                   --             --                           New financial assets
                         Aset keuangan dihentikan                                                                                                      Financial assets derecognized
                           pengakuannya atau dilunasi                                                                                                                     or repaid
                           (kecuali hapus buku)                            --                   --                   --             --                           (exclude write-off)
                         Pengukuran kembali                              148                    --                   --           148                               Remeasurement
                         Penghapusbukuan                                   --                   --                   --             --                                     Written off
                         Total perubahan tahun berjalan                  148                    --                   --           148                         Changes for the year
                         Dampak valuta asing                              13                    --                   --            13                              Foreign exchange
                         Saldo akhir                                     674                    --                   --           674                               Ending balance

                                                                                                2023
                                                                   Stage 1            Stage 2              Stage 3            Total

                         Saldo awal                                      702                    --                   --           702                              Beginning balance
                         Aset keuangan baru                                --                   --                   --             --                           New financial assets
                         Aset keuangan dihentikan                                                                                                      Financial assets derecognized
                           pengakuannya atau dilunasi                                                                                                                     or repaid
                           (kecuali hapus buku)                            --                   --                   --              --                          (exclude write-off)
                         Pengukuran kembali                            (186)                    --                   --          (186)                              Remeasurement
                         Penghapusbukuan                                   --                   --                   --              --                                    Written off
                         Total perubahan tahun berjalan                (186)                    --                   --          (186)                        Changes for the year
                         Dampak valuta asing                              (3)                   --                   --             (3)                            Foreign exchange
                         Saldo akhir                                     513                    --                   --            513                              Ending balance


                        Informasi mengenai transaksi dengan pihak                                               Information on related parties transactions and
                        berelasi dan jatuh tempo diungkapkan pada                                               maturities are disclosed in Notes 39 and 45e.
                        Catatan 39 dan 45e.




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Page 478
         PT BANK MEGA TBK                                                                             PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                             (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                                For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                        (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                  Unless Otherwise Stated)

         25.     Modal Saham                                              25. Share Capital

                 Susunan pemegang saham Bank berdasarkan                        As of December 31, 2024 and 2023, the
                 informasi yang diterima dari PT Datindo                        composition of the Bank’s shareholders and
                 Entrycom selaku Biro Administrasi Efek Bank                    their respective shareholdings based on the
                 pada tanggal 31 Desember 2024 dan 2023                         report of PT Datindo Entrycom, the Bank’s
                 adalah sebagai berikut:                                        Share Administrative Bureau, is as follows:

                                                            2024 dan 2023/ 2024 and 2023
                                                 Jumlah              Persentase
                                                 saham/              pemilikan/            Jumlah
                                                 Number            Percentage of          nominal/
                  Pemegang saham                of shares            ownership          Nominal value                       Shareholders

                  PT Mega Corpora                6,812,223,614               58.02%           3,406,112                 PT Mega Corpora
                  Publik - masing-masing                                                                                    Public - each
                    di bawah 5%                  4,928,699,751               41.98%           2,464,350                      below 5%
                  Total                         11,740,923,365              100.00%           5,870,462                             Total



         26.     Tambahan Modal Disetor                                   26. Additional Paid-Up Capital

                                                                   2024 dan 2023/
                                                                   2024 and 2023
                  Tambahan Modal disetor                                                                     Additional paid-up capital
                  Penawaran Umum Perdana                                                                            Initial Public Offering
                    Tahun 2000                                                78,750                                         Year 2000
                  Kapitalisasi tambahan modal                                                                 Capitalization of additional
                    disetor Tahun 2001                                      (69,526)                        paid-up capital Year 2001
                  Dividen Saham Tahun 2001                                    35,436                          Stock Dividend Year 2001
                  Penawaran Umum Terbatas I                                                                      Limited Public Offering I
                    Tahun 2002                                               109,188                                         Year 2002
                  Dividen Saham Tahun 2005                                   375,716                          Stock Dividend Year 2005
                  Penawaran Umum Terbatas II                                                                    Limited Public Offering II
                    Tahun 2006                                               400,109                                         Year 2006
                  Kapitalisasi tambahan modal                                                                 Capitalization of additional
                    disetor Tahun 2009                                      (777,890)                       paid-up capital Year 2009
                  Dividen Saham Tahun 2011                                  1,370,959                         Stock Dividend Year 2011
                  Saham bonus Tahun 2005                                    (141,035)                            Bonus share Year 2005
                  Dividen Saham Tahun 2013                                  2,045,014                         Stock Dividend Year 2013
                  Saham bonus Tahun 2013                                  (1,370,880)                            Bonus share Year 2013
                  Dividen Saham Tahun 2022                                  6,342,598                         Stock Dividend Year 2022
                  Saham bonus Tahun 2022                                  (2,043,868)                            Bonus share Year 2022
                  Beban emisi efek ekuitas                                                                        Stock issuance costs
                  Penawaran Umum Perdana                                                                             Initial Public Offering
                    Tahun 2000                                                (9,223)                                         Year 2000
                  Penawaran Umum Terbatas I                                                                      Limited Public Offering I
                    Tahun 2002                                                (1,430)                                         Year 2002
                  Selisih nilai transaksi                                                                         Differences in values of
                    kombinasi bisnis entitas                                                        business combination transaction
                    sepengendali                                               3,573                 of entities under common contol
                  Total                                                    6,347,491                                                  Total




                                                                     95




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               PT BANK MEGA TBK                                                                         PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                         (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                            For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                            December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                    (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                              Unless Otherwise Stated)

                27.     Penggunaan      Laba Neto        dan   Cadangan         27. Appropriation of Net Income and General
                        Umum                                                        Reserve

                        Dalam Rapat Umum Pemegang Saham                             In the Bank’s Annual General Meeting of
                        Tahunan Bank yang diselenggarakan pada                      Shareholders held on March 1, 2024, which
                        tanggal 1 Maret 2024, yang diaktakan dengan                 was notarized under Notarial Deed No. 01 by
                        Akta Notaris Dharma Akhyuzi, S.H., No. 01,                  Dharma Akhyuzi, S.H., the shareholders
                        para    pemegang    saham     setuju   untuk                agreed to declare cash dividends amounting to
                        menetapkan pembagian dividen tunai sebesar                  Rp2,457,420 and also set the general reserves
                        Rp2.457.420 dan juga menetapkan dana                        amounting to Rp70 to comply with Article 70 of
                        cadangan umum sebesar Rp70 untuk                            Limited Liability Company Law.
                        memenuhi ketentuan Pasal 70 Undang-Undang
                        Perseroan Terbatas.

                        Dalam Rapat Umum Pemegang Saham                             In the Bank’s Annual General Meeting of
                        Tahunan Bank yang diselenggarakan pada                      Shareholders held on February 24, 2023,
                        tanggal 24 Februari 2023, yang diaktakan                    which was notarized under Notarial Deed No.
                        dengan Akta Notaris Dharma Akhyuzi, S.H.,                   07 by Dharma Akhyuzi, S.H., the shareholders
                        No. 07, para pemegang saham setuju untuk                    agreed to declare cash dividends amounting to
                        menetapkan pembagian dividen tunai sebesar                  Rp2,836,818 and also set the general reserves
                        Rp2.836.818 dan juga menetapkan dana                        amounting to Rp77 to comply with Article 70 of
                        cadangan umum sebesar Rp77 untuk                            Limited Liability Company Law.
                        memenuhi ketentuan Pasal 70 Undang-Undang
                        Perseroan Terbatas.

                        Bank telah membentuk cadangan umum                          The Bank set-up a general reserves totalling
                        dengan    jumlah   masing-masing    sebesar                 Rp1,786 and Rp1,716 as of December 31,
                        Rp1.786 dan 1.716 pada tanggal 31 Desember                  2024 and 2023, respectively, in accordance
                        2024 dan 2023, sesuai dengan Undang-                        with the Indonesian Limited Company Law No.
                        Undang No. 40 tahun 2007 mengenai                           40, year 2007 which requires companies to set
                        Perseroan Terbatas, yang mengharuskan                       up a general reserve amounting to at least
                        perusahaan-perusahaan     untuk    membuat                  20% of the issued and fully paid share capital.
                        cadangan umum sebesar sekurang-kurangnya                    The regulation did not set period of time over
                        20% dari jumlah modal yang ditempatkan dan                  which this amount should be provided.
                        disetor penuh. Undang-undang tersebut tidak
                        mengatur jangka waktu untuk pembentukan
                        cadangan tersebut.

                28.     Pendapatan Bunga                                        28. Interest Income

                                                                  2024                2023
                        Kredit yang diberikan                       7,199,232           7,698,982                                Loans
                        Efek-efek                                   2,921,635           2,383,767                             Securities
                        Penempatan pada Bank Indonesia                                                   Placements with Bank Indonesia
                          dan bank lain                               165,636             131,145                    and other banks
                        Lain-lain                                       2,803               3,638                                Others
                        Total                                      10,289,306          10,217,532                                 Total


                        Untuk tahun yang berakhir pada tanggal 31                   For the years ended December 31, 2024 and
                        Desember 2024 dan 2023, jumlah pendapatan                   2023, total interest income calculated using the
                        bunga yang dihitung dengan menggunakan                      effective interest method derived from financial
                        metode suku bunga efektif yang berasal dari                 assets classified as amortized cost amounted
                        aset keuangan yang diklasifikasikan sebagai                 to Rp7,367,671 and Rp7,833,765, respectively.
                        biaya perolehan yang diamortisasi masing-
                        masing     sebesar    Rp7.367.671      dan
                        Rp7.833.765.


                                                                          96




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         PT BANK MEGA TBK                                                                         PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                         (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                            For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                            December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                    (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                              Unless Otherwise Stated)

                 Untuk tahun yang berakhir pada tanggal 31                    For the years ended December 31, 2024 and
                 Desember 2024 dan 2023, jumlah pendapatan                    2023, total interest income from related parties
                 bunga dari pihak berelasi masing-masing                      amounted to Rp136,297 and Rp101,022,
                 sebesar     Rp136.297    dan    Rp101.022                    respectively (Note 39).
                 (Catatan 39).


         29.     Beban Bunga                                              29. Interest Expense

                                                           2024                 2023
                  Simpanan dari nasabah                                                                  Deposits from customers
                    Deposito berjangka                       3,389,014            3,447,478                       Time deposits
                    Giro                                       380,534              287,992                   Current accounts
                    Tabungan                                   212,841              181,926                     Saving deposits
                  Simpanan dari bank lain                    1,030,760              566,890             Deposits from other banks
                  Obligasi subordinasi                           4,500                4,500                  Subordinated bonds
                  Beban pembiayaan lainnya                     171,918              196,601               Other financing charges
                  Total                                      5,189,567            4,685,387                                  Total


                 Untuk tahun - tahun yang berakhir pada                       For the years ended December 31, 2024 and
                 tanggal 31 Desember 2024 dan 2023, jumlah                    2023, total interest expense from related
                 beban bunga dari pihak berelasi masing-                      parties amounted to Rp84,292 and Rp46,167
                 masing sebesar Rp84.292 dan Rp46.167                         respectively (Note 39).
                 (Catatan 39).

                 Sehubungan dengan liabilitas bank umum yang                  In connection with the commercial bank
                 dijamin oleh Program Penjaminan Pemerintah,                  obligations     guaranteed    by   Government
                 Pemerintah     Republik     Indonesia      telah             Guarantee        Program,    the    Indonesian
                 mendirikan sebuah lembaga independen                         Government has established an independent
                 berdasarkan      Undang-Undang          Republik             institution in accordance with the Republic of
                 Indonesia No. 24 Tahun 2004 tanggal                          Indonesia Law No. 24 Year 2004 dated
                 22 September 2004. Berdasarkan peraturan ini,                September 22, 2004. Under this Law, The
                 Lembaga Penjamin Simpanan (LPS) menjamin                     Deposit Guarantee Institution (Lembaga
                 dana masyarakat termasuk dana dari bank lain                 Penjamin Simpanan/LPS), guarantees third
                 dalam bentuk giro, deposito, sertifikat deposito,            parties deposits including deposits from other
                 tabungan dan/atau bentuk lainnya yang                        banks in the form of demand deposits, time
                 dipersamakan dengan itu.                                     deposits, certificates of deposit, saving
                                                                              deposits and/or other equivalent forms.

                 Pada tanggal 13 Oktober 2008, Presiden                       On October 13, 2008, the President of the
                 Republik Indonesia menetapkan Peraturan                      Republic of Indonesia approved Government
                 Pemerintah No. 66 Tahun 2008 tentang                         Regulation No. 66 Year 2008 regarding the
                 besaran nilai simpanan yang dijamin LPS.                     amount of deposits guaranteed by LPS. Based
                 Berdasarkan peraturan tersebut, nilai simpanan               on such regulation, the customers’ guaranteed
                 yang dijamin untuk setiap nasabah pada satu                  deposit in a Bank which was previously
                 Bank yang semula berdasarkan Undang-                         regulated under Law No. 24 Year 2004
                 undang No. 24 Tahun 2004 ditetapkan                          amounted to a maximum of Rp100,000,000
                 maksimum Rp100.000.000 (nilai penuh) diubah                  (full amount) was amended to a maximum of
                 menjadi maksimum Rp2.000.000.000 (nilai                      Rp2,000,000,000 (full amount). As of
                 penuh). Pada tanggal 31 Desember 2023 dan                    December 31, 2023 and 2022, Bank was a
                 2022, Bank adalah peserta dari program                       participant of above guarantee program.
                 penjaminan tersebut.




                                                                     97




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               PT BANK MEGA TBK                                                                               PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                               (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                  For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                  December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                          (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                    Unless Otherwise Stated)

                        Bank telah melakukan pembayaran premi                             The Bank has paid the premium on the
                        Program Penjaminan Pemerintah Terhadap                            Government Guarantee Program for Obligation
                        Kewajiban Pembayaran Bank Umum masing-                            of Commercial Banks amounting to Rp171,918
                        masing sebesar Rp171.918 dan Rp196.601                            and Rp196,601 for the year ended in 2024 and
                        untuk tahun 2024 dan 2023 yang dicatat                            2023, respectively, which was recorded as
                        sebagai beban pembiayaan lainnya.                                 other financing charges.


                30.     Pendapatan Provisi dan Komisi - Neto                          30. Fees and Commissions Income - Net

                                                                      2024                  2023
                        Pendapatan provisi dan komisi:                                                         Provision and commissions income:
                          Komisi dari kartu debit dan kartu kredit      1,255,796            1,224,610       Commissions from debit and credit cards
                          Komisi dari kredit                              255,159              185,059                      Commissions from loan
                          Pendapatan jasa administrasi                     88,767               95,362                          Administration fees
                          Jasa kustodian dan wali amanat                   28,425               38,157            Custodian service and trusteeship
                          Komisi atas jasa                                 26,054               29,266                  Commissions from services
                          Penerimaan dari penalti                          11,153               10,324                                 Penalty fees
                          Komisi impor dan ekspor                           7,345                4,788         Commissions on imports and exports
                          Komisi jasa remittance                            6,788                6,582                              Remittance fees
                          Jasa safe deposit box                             5,387                5,461                        Safe deposit box fees
                          Komisi dari perusahaan asuransi                   3,625               26,059       Commissions from insurance companies
                          Komisi dari bank garansi                          1,436                3,268          Commissions from bank guarantees
                          Lain-lain                                         6,956               42,975                                       Others
                        Total                                           1,696,891            1,671,911                                         Total
                        Beban provisi dan komisi                            (12,536)           (11,427)            Provision and commissions expense
                        Pendapatan provisi dan komisi - neto            1,684,355            1,660,484       Provision and commissions income - net




                31.     Beban Cadangan Kerugian Penurunan Nilai                       31. Provision for Impairment Losses on
                        Aset Keuangan dan Aset Non-Keuangan -                             Financial Assets and Non-Financial Assets
                        Neto                                                              - Net

                                                                     2024                   2023
                        Aset keuangan                                                                                             Financial assets
                        Kredit yang diberikan (Catatan 11l)             218,188                    191,820                       Loans (Note 11l)
                        Penempatan pada Bank Indonesia                                                             Placement with Bank Indonesia
                          dan bank lain (Catatan 7)                         (3,373)                  3,373             and other banks (Note 7)
                        Giro pada bank lain                                                                       Current account with other bank
                           (Catatan 6)                                         925                      60                             (Note 6)
                        Tagihan akseptasi (Catatan 12)                           11                   (64)       Acceptance receivables (Note 12)
                        Efek-efek (Catatan 8)                                  (95)                   (71)                     Securities (Note 8)
                        Komitmen dan kontinjensi                                                                   Commitment and contingencies
                          (Catatan 24)                                      148                      (186)                              (Note 24)
                                                                        215,804                    194,932
                        Aset non-keuangan                                                                                    Non-financial assets
                        Agunan yang diambil alih (Catatan 14b)              660                        386           Foreclosed assets (Note 14b)
                        Total                                           216,464                    195,318                                  Total




                                                                               98




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Page 482
         PT BANK MEGA TBK                                                                            PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                            (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                               For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                               December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                       (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                 Unless Otherwise Stated)

         32.     Beban Umum dan Administrasi                                 32. General and Administrative

                                                           2024                    2023
                  Beban usaha kartu kredit                        683,435             593,257         Credit card business expenses
                  Penyusutan aset tetap                                                                   Depreciation of fixed assets
                     (Catatan 13)                                 287,940             270,221                               (Note 13)
                  Kerugian risiko operasional                                                                     Operational risk loss
                      (Catatan 40)                                197,882              13,172                               (Note 40)
                  Tenaga alih daya                                195,653             198,105             Advertising and promotions
                  Iklan dan promosi                               184,125             189,576                                 Outsource
                  Komunikasi                                       89,846              84,522                         Communication
                  Pemeliharaan dan perbaikan                       79,698              79,776               Repairs and maintenance
                  Listrik dan air                                  58,252              56,855                     Electricity and water
                                                                                                                             Levy to the
                  Iuran Otoritas Jasa Keuangan                     55,057                 67,780        Financial Service Authority
                  Transportasi                                     42,622                 41,437                        Transportation
                  Penyusutan aset hak-guna                                                                             Depreciation of
                     (Catatan 13)                               24,841                  45,431        right-of-use assets (Note 13)
                  Sewa                                          26,478                  24,177                                     Rent
                  Pajak dan perizinan                           17,462                  28,159                     Taxes and licenses
                  Perlengkapan kantor                           16,217                  19,671                          Office supplies
                  Asuransi                                      10,187                   8,900                                Insurance
                  Perjalanan dinas                               7,091                   8,655                                Travelling
                  Iuran ATM Bersama                              5,286                   5,904             ATM Bersama contribution
                  Bank koresponden                               4,694                   4,651                   Corespondence bank
                  Lain-lain                                     68,904                  77,316                                   Others
                  Total                                      2,055,670               1,817,565                                    Total



         33.     Beban Gaji dan Tunjangan Lainnya                            33. Salary Expenses and Other Allowances

                 Beban gaji dan tunjangan lainnya terdiri dari:                  Salary expenses and other allowances consist
                                                                                 of:

                                                           2024                    2023
                  Gaji dan upah                              1,131,202               1,190,246                    Salaries and wages
                  Tunjangan makan dan transportasi              60,947                  62,154     Transportation and meal allowance
                  Asuransi                                                                                                  Insurance
                     Pihak berelasi (Catatan 39)                   30,288                 25,822         Related parties (Note 39)
                     Pihak ketiga                                  62,358                 62,081                      Third parties
                  Pendidikan dan pelatihan                         27,877                 36,564               Education and training
                  Liabilitas imbalan pasca-kerja                                                    Post-employment benefits liability
                     (Catatan 36)                                7,892                   8,160                            (Note 36)
                  Lain-lain                                     78,643                  78,360                                 Others
                  Total                                      1,399,207               1,463,387                                  Total



         34.     Pendapatan (Beban) Non-Operasional - Neto                   34. Non-Operating Income (Expenses) - Net

                                                           2024                    2023
                  Pendapatan non-operasional                        46,341              42,050                 Non-operating income
                  Beban non-operasional                           (20,653)            (31,799)               Non-operating expenses
                  Total                                             25,688              10,251                                 Total




                                                                      99




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Page 483
               PT BANK MEGA TBK                                                                     PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                     (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                        December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                          Unless Otherwise Stated)

                35.     Komitmen dan Kontinjensi                            35. Commitments and Contingencies

                                                              2024                2023
                        Komitmen                                                                                     Commitments
                        Tagihan Komitmen                                                                 Commitment Receivables
                        Pembelian spot dan derivatif                                                          Outstanding spot and
                          yang masih berjalan                  5,372,077            3,769,058              derivatives purchased

                        Liabilitas Komitmen                                                                 Commitment Liabilities
                        Fasilitas kredit kepada nasabah                                                    Unused credit facilities for
                          yang belum digunakan SKBDN                                                     customers under SKBDN
                          Pihak ketiga                          (244,463)                     --                      Third parties
                        L/C tidak dapat dibatalkan yang                                                                  Outstanding
                          masih berjalan                                                                          irrevocable L/C
                          Pihak Berelasi (Catatan 39)                  --                (1,760)         Related Parties (Note 39)
                          Pihak ketiga                          (461,401)                  (296)                      Third parties
                        Penjualan spot dan derivatif                                                           Outstanding spot and
                          yang masih berjalan                 (9,811,547)          (6,421,647)                    derivatives sold
                        Total Liabilitas Komitmen - neto      (5,145,334)          (2,654,645)     Total Commitment Liabilities - net
                        Kontinjensi                                                                                 Contingencies
                        Tagihan Kontinjensi                                                                Contingent Receivables
                        Pendapatan bunga dalam                                                                   Interest income on
                          penyelesaian                           302,822              260,533               non-performing loans
                        Liabilitas Kontinjensi                                                               Contingent Liabilities
                        Bank garansi                                                                               Bank guarantees
                          Pihak berelasi (Catatan 39)           (145,994)            (129,727)           Related parties (Note 39)
                          Pihak ketiga                          (275,472)            (233,997)                        Third parties
                        Total Liabilitas Kontinjensi - neto     (118,644)            (103,191)       Total Contingent Liabilities - net
                        Liabilitas komitmen dan                                                     Commitments and contingent
                          kontinjensi - neto                  (5,263,978)          (2,757,836)                 liabilities - net


                        Jumlah fasilitas kredit (uncommitted) Bank              The    Bank’s    unused    loan    facilities
                        kepada nasabah yang belum digunakan pada                (uncommitted) granted to customers as of
                        tanggal 31 Desember 2024 dan 2023 adalah                December 31, 2024 and 2023 amounted to
                        masing-masing sebesar Rp30.520.773 dan                  Rp30,520,773 and Rp29,282,348 respectively.
                        Rp29.282.348.


                36.     Liabilitas Imbalan Pasca-Kerja                      36. Post-Employment Benefits Liability

                        Bank mengakui imbalan pasca-kerja (post-                The Bank determines obligation for post-
                        employment benefit) berdasarkan perhitungan             employment benefits based on actuarial
                        aktuaria yang dilakukan oleh aktuaris                   calculation performed by an independent
                        independen, Kantor Konsultan Aktuaria V.                actuary, Kantor Konsultan Aktuaria V. Agus
                        Agus Basuki, berdasarkan laporannya masing-             Basuki, based on its reports dated January 18,
                        masing pada tanggal 18 Januari 2024 dan                 2024 and January 10, 2023, for period 2024
                        10 Januari 2023 untuk periode 2024 dan 2023.            and 2023, respectively. Obligation for post-
                        Liabilitas imbalan pasti atas imbalan pasca-            employment benefits are calculated using the
                        kerja (post-employment benefit) tersebut                “Projected Unit Credit” method with the
                        dihitung    dengan     menggunakan   metode             following significant assumptions:
                        “Projected Unit Credit” dan asumsi-asumsi
                        signifikan sebagai berikut:




                                                                     100




LK_AR Bank MEGA 2024_INA.indd 111                                                                                                    05/03/25 02.22
Page 484
         PT BANK MEGA TBK                                                                               PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                               (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                                  For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                  December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                          (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                    Unless Otherwise Stated)

                                                                 2024                 2023
                  Tingkat diskonto                               7.07%                6.72%                              Discount rate
                  Tingkat kenaikan upah (gaji) per tahun         5.00%                5.00%              Annual wages (salary) increase
                  Usia pensiun                               55 tahun/years       55 tahun/years                          Pension age
                                                           Tabel TMI-IV-2019/   Tabel TMI-IV-2019/
                  Tingkat kematian                          TMI-IV-2019 table    TMI-IV-2019 table                           Mortality rate

                 Beban yang diakui dalam laporan laba rugi dan                     Expenses recognized in the statement of profit
                 penghasilan komprehensif lain adalah sebagai                      or loss and other comprehensive income were
                 berikut:                                                          as follows:

                                                                 2024                 2023
                  Beban jasa kini                                      14,361               15,343                   Current service cost
                  Beban bunga                                           9,195               12,764                      Interest expense
                  Keuntungan atas kurtailmen                         (15,664)             (19,947)                       Curtailment gain
                  Total (Catatan 33)                                    7,892                8,160                       Total (Note 33)


                 Rekonsiliasi perubahan liabilitas selama tahun                    The movements of estimated post-employment
                 berjalan yang diakui di laporan posisi keuangan                   benefits liability in the statements of financial
                 adalah sebagai berikut:                                           position are as follows:

                                                                 2024                 2023
                  Liabilitas pada awal tahun                         277,530              241,747            Liability at beginning of year
                  Penambahan tahun berjalan                             7,892                8,160              Addition during the year
                  Pembayaran selama tahun berjalan                   (51,656)             (32,294)              Payment during the year
                  Jumlah yang diakui di penghasilan                                                     Total amount recognized in other
                     komprehensif lainnya                             62,648               59,917              comprehensive income
                  Liabilitas pada akhir tahun                        296,414              277,530                Liability at end of year


                 Mutasi nilai kini liabilitas imbalan kerja adalah                 The movements in the present value of
                 sebagai berikut:                                                  liabilities for employee benefits are as follows:

                                                                 2024                 2023
                  Saldo pada awal tahun                              277,530              241,747           Balance at beginning of year
                  Beban jasa kini                                      14,361               15,343                    Current service cost
                  Beban bunga                                           9,195               12,764                           Interest cost
                  Kurtailmen dan penyelesaian                        (15,664)             (19,947)            Curtailment and settlement
                  Manfaat yang dibayarkan                            (51,656)             (32,294)                            Benefit paid
                  Kerugian pada kewajiban aktuaria:                                                        Actuarial losses on obligation:
                    Experience adjustment                             62,648               59,917              Experience adjustment
                  Saldo pada akhir tahun                             296,414              277,530               Balance at end of year


                 Mutasi kerugian aktuarial yang diakui sebagai                     The movements in the balance of actuarial loss
                 penghasilan komprehensif lain, bruto pajak                        charged to other comprehensive income, gross
                 tangguhan:                                                        of deferred tax:

                                                                 2024                 2023
                  Saldo awal                                        (168,864)            (108,947)                   Beginning balance
                  Kerugian aktuaria yang diakui                                                                        Actuarial losses
                    sebagai penghasilan                                                                             charged to other
                    komprehensif lain                                (62,648)             (59,917)             comprehensive income
                  Saldo akhir                                       (231,512)            (168,864)                    Ending balance




                                                                        101




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Page 485
               PT BANK MEGA TBK                                                                                             PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                             (Continued)
               Untuk Tahun-Tahun yang Berakhir                                                                                For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                                December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                        (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                                  Unless Otherwise Stated)

                        Tabel berikut menunjukkan sensitivitas atas                                    The following table demonstrates the
                        kemungkinan perubahan tingkat diskonto dan                                     sensitivity to a reasonably possible change in
                        tingkat kenaikan gaji sebesar 1%, dengan                                       discount rates and salary increment rate
                        variabel lain dianggap tetap, terhadap nilai kini                              amounting to 1%, with all other variables held
                        liabilitas imbalan kerja karyawan:                                             constant, of the present value of employee
                                                                                                       benefits liability:
                                                                                  31 Desember/December 31, 2024
                                                                   Tingkat Diskonto/                       Tingkat Kenaikan Gaji/
                                                                     Discount Rate                         Salary Increment Rate
                                                            Kenaikan/            Penurunan/          Kenaikan/             Penurunan/
                                                            Increase              Decrease            Increase              Decrease

                        Dampak pada agregat                                                                                                     Effect on the aggregate current
                         beban jasa kini                             (534)                 582                   543                (508)                        service cost
                        Dampak pada nilai kini liabilitas                                                                                            Effect on present value of
                         imbalan kerja karyawan                    (5,673)                5,120                5,764               (5,440)         employee benefits liability


                                                                                  31 Desember/December 31, 2023
                                                                   Tingkat Diskonto/                       Tingkat Kenaikan Gaji/
                                                                     Discount Rate                         Salary Increment Rate
                                                            Kenaikan/            Penurunan/          Kenaikan/             Penurunan/
                                                            Increase              Decrease            Increase              Decrease

                        Dampak pada agregat                                                                                                     Effect on the aggregate current
                         beban jasa kini                             (585)                 637                   595                (556)                        service cost
                        Dampak pada nilai kini liabilitas                                                                                            Effect on present value of
                         imbalan kerja karyawan                    (6,178)                6,667                6,267               (5,915)         employee benefits liability


                        Analisis jatuh tempo yang diharapkan dari                                      Expected maturity analysis of undiscounted
                        imbalan paska-kerja yang tidak terdiskonto                                     postemployment benefit as of December 31,
                        pada tanggal 31 Desember 2024 dan 2023                                         2024 and 2023 are as follows:
                        adalah sebagai berikut:

                                                                                2024                      2023
                        Dalam waktu 12 bulan berikutnya                             156,202                    131,858                       Within the next 12 months
                        Antara 2 sampai 5 tahun                                     160,381                    181,247                            Between 2 to 5 years
                        Antara 5 sampai 10 tahun                                    228,632                    222,237                          Between 5 to 10 years
                        Di atas 10 tahun                                          2,067,548                  2,101,426                                Beyond 10 years
                        Total                                                     2,612,763                  2,636,768                                           Total



                37.     Laba per Saham Dasar                                                      37. Basic Earnings per Share

                        Laba per saham dihitung dengan membagi                                         Basic earnings per share is calculated by
                        laba tahun berjalan yang tersedia bagi                                         dividing the income for the year attributable to
                        pemegang saham dengan rata-rata tertimbang                                     shareholders by the weighted average number
                        jumlah saham biasa yang beredar pada tahun                                     of outstanding common shares during the year.
                        bersangkutan.

                                                                                 2024                     2023
                        Laba tahun berjalan kepada                                                                                      Income for the year attributable to
                          pemegang saham                                            2,631,054                3,510,670                                    shareholders
                        Rata-rata tertimbang jumlah saham                                                                                    Weighted average number of
                          biasa yang beredar                                            11,741                   11,741                    outstanding common shares
                        Laba per saham dasar (nilai penuh)                                 224                      299          Basic earnings per share (full amount)




                                                                                         102




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         PT BANK MEGA TBK                                                                      PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                      (Continued)
         Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                         December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                 (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                           Unless Otherwise Stated)

         38.     Segmen Operasi                                        38. Operating Segment

                 Bank menganalisis segmen secara geografis                 The Bank performs geographical segment
                 dimana manajemen menelaah laporan internal                analysis whereby management reviews
                 manajemen secara bulanan untuk masing-                    monthly management internal report for each
                 masing area. Berikut adalah ringkasan yang                area. The following summary describes each
                 menjelaskan tiap-tiap area geografis Bank:                of the Bank’s geographical area:
                 • Kantor Pusat terdiri dari Treasury, Card                • Head Office consists of Treasury, Card
                    Center dan unit-unit fungsional dimana                     Center and other functional divisions,
                    didalamnya     termasuk    aset,   liabilitas,             whereas it includes assets, liabilities,
                    pendapatan dan beban yang tidak dapat                      income and expenses that cannot be
                    dialokasikan.                                              allocated.
                 • Wilayah Jakarta terdiri dari seluruh kantor             • Jakarta region consists of all branches and
                    cabang dan kantor cabang pembantu di                       sub-branches in Jabodetabek and Banten
                    Jabodetabek dan provinsi Banten.                           province.
                 • Wilayah Bandung terdiri dari seluruh kantor             • Bandung region consists of all branches
                    cabang dan kantor cabang pembantu di                       and sub-branches in West Java.
                    provinsi Jawa Barat.
                 • Wilayah Medan terdiri dari seluruh kantor               • Medan region consists of all branches and
                    cabang dan kantor cabang pembantu di                     sub-branches in Sumatera and Batam.
                    Sumatera dan Batam.
                 • Wilayah Semarang terdiri dari seluruh                   • Semarang region consists of all branches
                    kantor cabang dan kantor cabang pembantu                 and sub-branches in Central Java.
                    di provinsi Jawa Tengah.
                 • Wilayah Surabaya terdiri dari seluruh kantor            • Surabaya region consists of all branches
                    cabang dan kantor cabang pembantu di                     and sub-branches in East Java, Bali and
                    provinsi Jawa Timur, Bali dan Nusa                       Nusa Tenggara.
                    Tenggara.
                 • Wilayah Makassar terdiri dari seluruh kantor            • Makassar region consists of all branches
                    cabang dan kantor cabang pembantu di                     and sub-branches in Sulawesi, Maluku and
                    Sulawesi, Maluku dan Papua.                              Papua.
                 • Wilayah Banjarmasin terdiri dari seluruh                • Banjarmasin region consists of all branches
                    kantor cabang dan kantor cabang pembantu                 and sub-branches in Kalimantan.
                    di Kalimantan.




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                                    PT BANK MEGA TBK                                                                                                                                                                                             PT BANK MEGA TBK
                                    CATATAN ATAS LAPORAN KEUANGAN (Lanjutan)                                                                                                                                         NOTES TO THE FINANCIAL STATEMENTS (Continued)
                                    Untuk Tahun-tahun yang Berakhir                                                                                                                                                                                For the Years Ended
                                    Pada Tanggal 31 Desember 2024 dan 2023                                                                                                                                                                 December 31, 2024 and 2023
                                    (Disajikan dalam Jutaan Rupiah,                                                                                                                                                                        (Expressed in Million Rupiah,
                                    Kecuali Dinyatakan Lain)                                                                                                                                                                                  Unless Otherwise Stated)




LK_AR Bank MEGA 2024_INA.indd 115
                                        Kinerja diukur berdasarkan laba segmen sebelum pajak penghasilan, seperti                                                                   Performance is measured based on segment profit before income tax, as
                                        yang disajikan di dalam laporan internal manajemen yang ditelaah oleh                                                                       included in the internal management reports that are reviewed by the
                                        manajemen Bank. Informasi mengenai hasil dari tiap area geografis disajikan                                                                 management of the Bank. Information regarding the results of each
                                        di bawah ini:                                                                                                                               geographical area are included below:
                                                                                                                                                 Tahun yang Berakhir pada tanggal 31 Desember/
                                                                                                                                                            Year ended December 31, 2024
                                                                                           Wilayah          Wilayah           Wilayah            Wilayah              Wilayah               Wilayah             Wilayah            Total
                                                                           Kantor          Jakarta/         Bandung/          Medan/            Semarang/            Surabaya/             Makassar/          Banjarmasin/        Segmen/
                                                                           Pusat/          Jakarta          Bandung           Medan             Semarang             Surabaya              Makassar           Banjarmasin          Total            Eliminasi/         Jumlah/
                                                   Keterangan            Head Office       Region           Region            Region             Region               Region                Region              Region            Segment           Elimination         Total                  Description

                                        Pendapatan eksternal:                                                                                                                                                                                                                                        External revenue:
                                        Pendapatan bunga bersih               8,945,726      (2,673,423)        (194,926)        (330,521)            (65,458)            (273,467)            (147,414)            (160,778)        5,099,739                    --      5,099,739                Net interest income
                                        Provisi dan komisi bersih             1,554,135          51,797           13,882            13,800                 9,237             18,695               12,101              10,708         1,684,355                    --      1,684,355         Net fees and commissions
                                        Keuntungan penjualan                                                                                                                                                                                                                                           Gain on sale of
                                          efek-efek - neto                       70,465                --                --                --                 --                   --                    --                  --            70,465                 --            70,465               securities - net
                                        Pendapatan operasional lainnya           11,188          12,814               4,160             8,029              3,426                3,894                 1,745               2,744            48,000                 --            48,000         Other operating income
                                        Pendapatan antar-segmen               4,516,884       3,990,280          337,420           531,236            187,383               543,597              290,470             315,127        10,712,397         (10,712,397)                 --         Inter-segment revenue
                                        Beban antar-segmen                  (10,411,851)       (153,840)         (18,066)          (16,945)           (44,618)              (45,724)              (7,199)            (14,154)      (10,712,397)         10,712,397                  --        Inter-segment expenses
                                        Total pendapatan segmen               4,686,547       1,227,628          142,470           205,599             89,970               246,995              149,703             153,647         6,902,559                    --      6,902,559            Total segment revenue
                                        Beban operasional lainnya            (2,735,901)       (286,893)        (101,573)        (117,488)            (80,703)            (174,075)              (93,783)            (80,925)       (3,671,341)                   --     (3,671,341)         Other operating expense
                                        Laba operasi                          1,950,646         940,735           40,897            88,111                 9,267             72,920               55,920              72,722         3,231,218                    --      3,231,218                 Operating income
                                        Pendapatan non-operasional               19,407               380              687               690               1,265                1,495                 1,401                363             25,688                 --            25,688          Non-operating income
                                        Total laba segmen                                                                                                                                                                                                                                              Total segment
                                          sebelum pajak                       1,970,053         941,115           41,584            88,801             10,532                74,415               57,321              73,085         3,256,906                    --      3,256,906              income before tax

                                        Aset segmen                         126,995,640      61,773,694        4,960,103         7,523,557          3,804,517             8,496,716            4,369,550           4,766,197       222,689,974         (87,774,480)     134,915,494        Reportable segment assets

                                        Liabilitas segmen                  (107,100,293)    (60,832,577)      (4,918,520)       (7,434,757)        (3,793,985)           (8,422,300)          (4,312,228)         (4,693,113)     (201,507,773)         87,774,480     (113,733,293)     Reportable segment liabilities




                                                                                                                                                                   104




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                                    PT BANK MEGA TBK                                                                                                                                                                                                          PT BANK MEGA TBK
                                    CATATAN ATAS LAPORAN KEUANGAN                                                                                                                                                                           NOTES TO THE FINANCIAL STATEMENTS
                                    (Lanjutan)                                                                                                                                                                                                                          (Continued)
                                    Untuk Tahun-tahun yang Berakhir                                                                                                                                                                                             For the Years Ended
                                    Pada Tanggal 31 Desember 2024 dan 2023                                                                                                                                                                             December 31, 2024 and 2023
                                    (Disajikan dalam Jutaan Rupiah,                                                                                                                                                                                     (Expressed in Million Rupiah,
                                    Kecuali Dinyatakan Lain)                                                                                                                                                                                               Unless Otherwise Stated)




LK_AR Bank MEGA 2024_INA.indd 116
                                                                                                                                                 Tahun yang Berakhir pada tanggal 31 Desember/
                                                                                                                                                            Year ended December 31, 2023
                                                                                            Wilayah         Wilayah           Wilayah            Wilayah              Wilayah               Wilayah             Wilayah            Total
                                                                            Kantor          Jakarta/        Bandung/          Medan/            Semarang/            Surabaya/             Makassar/          Banjarmasin/        Segmen/
                                                                            Pusat/          Jakarta         Bandung           Medan             Semarang             Surabaya              Makassar           Banjarmasin          Total            Eliminasi/         Jumlah/
                                                    Keterangan            Head Office       Region          Region            Region             Region               Region                Region              Region            Segment           Elimination         Total                  Description

                                         Pendapatan eksternal:                                                                                                                                                                                                                                      External revenue:
                                         Pendapatan bunga bersih               9,310,797      (2,799,641)       (202,690)        (272,200)             (9,849)            (236,134)            (127,627)            (130,511)        5,532,145                    --      5,532,145                Net interest income
                                         Provisi dan komisi bersih             1,481,849          70,735          16,496            15,813             22,821                25,946               13,819              13,005         1,660,484                    --      1,660,484         Net fees and commissions
                                         Keuntungan penjualan                                                                                                                                                                                                                                          Gain on sale of
                                           efek-efek - neto                      481,060          27,802              4,485             6,922              3,052                6,023                 3,450               2,572        535,366                    --        535,366                  securities - net
                                         Pendapatan operasional lainnya           51,076          13,915              2,130             4,091              2,513                3,517                 1,473               2,038            80,753                 --            80,753         Other operating income
                                         Pendapatan antar-segmen               4,587,218       4,147,741         348,894           466,196            173,675               480,669              267,463             270,417        10,742,273         (10,742,273)                 --         Inter-segment revenue
                                         Beban antar-segmen                  (10,441,398)       (138,940)        (17,814)         (17,547)           (57,698)              (44,006)             (11,713)             (13,157)      (10,742,273)         10,742,273                  --        Inter-segment expenses
                                         Total pendapatan segmen               5,470,602       1,321,612         151,501           203,275            134,514               236,015              146,865             144,364         7,808,748                    --      7,808,748            Total segment revenue
                                         Beban operasional lainnya            (2,580,851)       (279,573)        (95,071)        (106,283)            (77,703)            (155,852)            (101,842)             (79,095)       (3,476,270)                   --     (3,476,270)         Other operating expense
                                         Laba operasi                          2,889,751       1,042,039          56,430            96,992             56,811                80,163               45,023              65,269         4,332,478                    --      4,332,478                 Operating income
                                         Pendapatan (beban)                                                                                                                                                                                                                                             Non-operating
                                           non-operasional                        13,682          (8,846)              308               840               1,191                1,465                 1,422                189             10,251                 --            10,251            income (expense)
                                         Total laba segmen                                                                                                                                                                                                                                             Total segment
                                           sebelum pajak                       2,903,433       1,033,193          56,738            97,832             58,002                81,628               46,445              65,458         4,342,729                    --      4,342,729              income before tax

                                         Aset segmen                         122,738,098      60,565,091       5,450,509         7,474,271          3,692,146             8,106,071            4,318,486           4,339,720       216,684,392         (84,634,801)     132,049,591        Reportable segment assets

                                         Liabilitas segmen                  (102,421,954)    (59,531,898)     (5,393,769)       (7,376,439)        (3,634,145)           (8,024,441)          (4,272,041)         (4,274,262)     (194,928,949)         84,634,801     (110,294,148)     Reportable segment liabilities




                                                                                                                                                                   105




05/03/25 02.22
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               PT BANK MEGA TBK                                                                             PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                             (Continued)
               Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                        (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                  Unless Otherwise Stated)

                        Eliminasi transaksi antar segmen usaha timbul                   The elimination of intersegment transactions
                        karena pelaporan segmen internal Bank                           arose because the Bank’s internal segment
                        mengambil informasi segmen berdasarkan                          reporting captures segment information were
                        setiap wilayah independen yang mungkin                          based on each independent regions which may
                        mencakup transaksi antar segmen usaha                           include intersegment transaction such as
                        seperti pinjaman ke segmen usaha yang lain.                     borrowings to another segment.


                39.     Transaksi dengan Pihak Berelasi                             39. Transactions with Related Parties

                        Rincian transaksi signifikan dengan pihak                       Details of significant transactions with related
                        berelasi, kecuali yang menyangkut rahasia                       parties, except for transactions that are subject
                        Bank, adalah sebagai berikut:                                   to the Bank’s confidentiality policy, are as
                                                                                        follows:

                                                                  Tahun yang Berakhir pada tanggal
                                                                      31 Desember/Year Ended
                                                                         December 31, 2024
                                                                   Jumlah/           Persentase (%)/
                                             Jenis                  Total            Percentage (%)                      Type

                        Giro pada bank lain (Catatan 6):                                                Current accounts with other banks (Note 6):
                          PT Bank Pembangunan Daerah                                                              PT Bank Pembangunan Daerah
                            Sulawesi Utara dan Gorontalo                     300             0.00022%            Sulawesi Utara dan Gorontalo
                          PT Bank Pembangunan Daerah                                                              PT Bank Pembangunan Daerah
                            Sulawesi Tengah                                   60             0.00004%                         Sulawesi Tengah
                        Total giro pada bank lain                            360             0.00027%       Total current accounts with other banks

                        Efek-efek (Catatan 8):                                                                                 Securities (Note 8):
                          PT Bank Pembangunan Daerah                                                             PT Bank Pembangunan Daerah
                            Sulawesi Utara dan Gorontalo                 198,832             0.14737%            Sulawesi Utara dan Gorontalo

                        Tagihan derivatif (Catatan 10)                                                              Derivative receivable (Note 10)
                          PT Bank Mega Syariah                             2,101             0.00156%                  PT Bank Mega Syariah

                        Kredit yang diberikan (Catatan 11):                                                                        Loans (Note 11):
                          PT Trans Fashion                               799,000             0.59219%                           PT Trans Fashion
                          PT Trans Entertainment                         350,000             0.25941%                     PT Trans Entertainment
                          PT Anta Express Tour & Travel Service          399,500             0.29609%     PT Anta Express Tour & Travel Service
                          PT Duta Visual Nusantara TV 7                  124,696             0.09242%             PT Duta Visual Nusantara TV 7
                          PT Trans Burger                                  6,826             0.00506%                            PT Trans Burger
                          PT Trans Coffee                                  4,984             0.00369%                             PT Trans Coffee
                          Komisaris dan direksi perusahaan                                                        Commissioners and directors of
                            berelasi di atas Rp1 miliar                   33,313             0.02469%      related companies above Rp1 billion
                          Direksi dan karyawan kunci                       7,769             0.00576%                Directors and key employees
                            di atas Rp1 miliar                                                                                   above Rp1 billion
                          Lain-lain - di atas Rp1 miliar                   16,962            0.01257%                   Others - above Rp1 billion
                        Total kredit yang diberikan                     1,743,050            1.29188%                                    Total loans

                        Aset lain-lain (Catatan 14):                                                                       Other assets (Note 14):
                          PT Duta Visual Nusantara TV 7                    3,092             0.00229%            PT Duta Visual Nusantara TV 7
                          PT Trans Fashion                                 1,606             0.00119%                         PT Trans Fashion
                          PT Mega Central Finance                          1,095             0.00081%                 PT Mega Central Finance
                          PT Bank Pembangunan Daerah                                                             PT Bank Pembangunan Daerah
                            Sulawesi Utara dan Gorontalo                   1,083             0.00080%            Sulawesi Utara dan Gorontalo
                          PT Para Bandung Propertindo                      1,034             0.00077%             PT Para Bandung Propertindo
                          PT Trans Entertainment                           1,667             0.00124%                   PT Trans Entertainment
                          Lain-lain - di bawah Rp 1 miliar                 6,104             0.00452%                 Others - below Rp1 billion
                        Total aset lain-lain                              15,681             0.01162%                           Total other assets




                                                                            106




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         PT BANK MEGA TBK                                                                                 PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                 (Continued)
         Untuk Tahun-tahun yang Berakhir                                                                    For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                    December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                            (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                      Unless Otherwise Stated)

                                                                Tahun yang Berakhir pada tanggal
                                                                    31 Desember/Year Ended
                                                                       December 31, 2024
                                                                 Jumlah/           Persentase (%)/
                                           Jenis                  Total            Percentage (%)                   Type
                  Transaksi surat berharga:                                                                            Securities transactions:
                    Pembelian                                        3,567,981             6.37993%                                    Purchase
                    Penjualan                                        4,205,969            11.19474%                                         Sale
                  Giro (Catatan 16)                                    387,246             0.34048%               Current accounts (Note 16)
                  Tabungan (Catatan 17)                                 72,339             0.06360%                Saving deposits (Note 17)
                  Deposito berjangka (Catatan 18)                      622,090             0.54697%                   Time deposits (Note 18)
                  Simpanan dari bank lain (Catatan 19)               1,808,949             1.59050%      Deposits from other banks (Note 19)
                  Efek yang dijual dengan janji                                                            Securities sold under agreement
                    dibeli kembali (Catatan 20)                        236,275             0.20774%                   to repurchase (Note 20)
                  Obligasi subordinasi (Catatan 23)                     48,000             0.04220%           Subordinated bonds (Note 23)
                  Beban yang masih harus dibayar dan                                                                  Accrued expenses and
                    liabilitas lain-lain (Catatan 24)                    1,912             0.00168%                other liabilities (Note 24)
                  Pendapatan bunga (Catatan 28)                        136,297             1.32460%                 Interest income (Note 28)
                  Beban bunga (Catatan 29)                              84,292             1.62426%              Interest expenses (Note 29)
                  Beban asuransi kesehatan karyawan                                                             Employees health insurance
                    PT Asuransi Umum Mega                               28,265             2.02010%              PT Asuransi Umum Mega
                    PT PFI Mega Life Insurance                           2,023             0.14460%           PT PFI Mega Life Insurance
                  Total beban asuransi kesehatan karyawan               30,288             2.16470%       Total employee’s health insurance

                  Beban Iklan:                                                                                         Advertising expenses:
                    PT Televisi Transformasi Indonesia                  95,058             4.62419%     PT Televisi Transformasi Indonesia
                    PT Duta Visual Nusantara TV 7                        5,444             0.26483%        PT Duta Visual Nusantara TV 7
                    PT Trans News Corpora                                1,618             0.07871%                PT Trans News Corpora
                    Lain-lain - di bawah Rp1 miliar                         83             0.00404%              Others - below Rp1 billion
                  Total beban iklan                                    102,203             4.97176%               Total Advertising expenses

                  Pendapatan sewa (Catatan 14a):                                                                   Rent income (Note 14a):
                    PT Allo Bank Indonesia Tbk                          10,485            22.62575%           PT Allo Bank Indonesia Tbk
                    PT Duta Visual Nusantara TV 7                        8,034            17.33670%        PT Duta Visual Nusantara TV 7
                    PT Bank Mega Syariah                                 5,130            11.07011%               PT Bank Mega Syariah
                    PT Asuransi Umum Mega                                3,890             8.39429%             PT Asuransi Umum Mega
                    PT Mega Capital Sekuritas                            2,641             5.69906%            PT Mega Capital Sekuritas
                    PT Trans Berita Bisnis                               1,823             3.93388%                PT Trans Berita Bisnis
                    PT Para Bandung Propertindo                            911             1.96586%         PT Para Bandung Propertindo
                    PT PFI Mega Life Insurance                             258             0.55674%           PT PFI Mega Life Insurance
                    PT Mega Asset Management                               132             0.28484%          PT Mega Asset Management
                    Lain-lain - di bawah Rp1 miliar                      1,198             2.58518%             Others - below Rp1 billion
                  Total pendapatan sewa                                 34,502            74.45243%                       Total rent income

                  Liabilitas kontinjensi - neto (Catatan 35):                                            Contingent liabilities - net (Note 35):
                    PT Trans Retail Indonesia                          104,500            24.79441%             PT Trans Retail Indonesia
                    PT Trans Fashion Indonesia                          37,622             8.92646%           PT Trans Fashion Indonesia
                    PT Allo Bank Indonesia Tbk                           3,219             0.76376%           PT Allo Bank Indonesia Tbk
                    PT Trans Digital Media                                 626             0.14853%                PT Trans Digital Media
                    PT Para Duta Bangsa                                     27             0.00641%                  PT Para Duta Bangsa
                  Total liabilitas kontinjensi                         145,994            34.63957%                Total contingent liabilities




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               PT BANK MEGA TBK                                                                             PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                             (Continued)
               Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                        (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                  Unless Otherwise Stated)



                                                                  Tahun yang Berakhir pada tanggal
                                                                      31 Desember/Year Ended
                                                                         December 31, 2023
                                                                   Jumlah/           Persentase (%)/
                                            Jenis                   Total            Percentage (%)                      Type

                        Giro pada bank lain (Catatan 6):                                                Current accounts with other banks (Note 6):
                          PT Bank Pembangunan Daerah                                                              PT Bank Pembangunan Daerah
                            Sulawesi Utara dan Gorontalo                     100             0.00008%            Sulawesi Utara dan Gorontalo
                          PT Bank Pembangunan Daerah                                                              PT Bank Pembangunan Daerah
                            Sulawesi Tengah                                    4             0.00000%                         Sulawesi Tengah
                        Total giro pada bank lain                            104             0.00008%       Total current accounts with other banks

                        Efek-efek (Catatan 8):                                                                                 Securities (Note 8):
                          PT Bank Pembangunan Daerah                                                             PT Bank Pembangunan Daerah
                            Sulawesi Utara dan Gorontalo                 198,288             0.15020%            Sulawesi Utara dan Gorontalo

                        Kredit yang diberikan (Catatan 11):                                                                        Loans (Note 11):
                          PT Trans Kalla Makassar                        550,000             0.41651%                    PT Trans Kalla Makassar
                          PT Trans Entertainment                         500,000             0.37865%                     PT Trans Entertainment
                          PT Duta Visual Nusantara TV 7                  124,696             0.09443%             PT Duta Visual Nusantara TV 7
                          PT Trans Retail Indonesia                       57,408             0.04347%                   PT Trans Retail Indonesia
                          PT Trans Burger                                  8,501             0.00644%                            PT Trans Burger
                          PT Trans Coffee                                  4,984             0.00377%                             PT Trans Coffee
                          Komisaris dan direksi perusahaan                                                        Commissioners and directors of
                            berelasi di atas Rp1 miliar                   51,070             0.03867%      related companies above Rp1 billion
                          Direksi dan karyawan kunci                       5,935             0.00449%                Directors and key employees
                            di atas Rp1 miliar                                                                                 above Rp1 billion
                          Lain-lain - di atas Rp1 miliar                   15,998            0.01212%                   Others - above Rp1 billion
                        Total kredit yang diberikan                     1,318,592            0.99856%                                    Total loans
                        Aset lain-lain (Catatan 14):                                                                       Other assets (Note 14):
                          PT Duta Visual Nusantara TV 7                    3,138             0.00238%            PT Duta Visual Nusantara TV 7
                          PT Para Bandung Propertindo                      2,045             0.00155%             PT Para Bandung Propertindo
                          PT Trans Entertainment                           1,659             0.00126%                   PT Trans Entertainment
                          PT Trans Retail Indonesia                        1,237             0.00094%                 PT Trans Retail Indonesia
                          PT Bank Pembangunan Daerah                                                             PT Bank Pembangunan Daerah
                            Sulawesi Utara dan Gorontalo                   1,071             0.00081%            Sulawesi Utara dan Gorontalo
                          Lain-lain - di bawah Rp 1 miliar                 6,601             0.00500%                 Others - below Rp1 billion
                        Total aset lain-lain                              15,751             0.01193%                           Total other assets
                        Transaksi surat berharga:                                                                           Securities transactions:
                          Pembelian                                     3,731,813            7.24000%                                        Purchase
                          Penjualan                                     7,304,962           13.09000%                                             Sale
                        Giro (Catatan 16)                                 482,783            0.43770%                   Current accounts (Note 16)
                        Tabungan (Catatan 17)                             113,643            0.10300%                    Saving deposits (Note 17)
                        Deposito berjangka (Catatan 18)                 1,717,317            1.55700%                       Time deposits (Note 18)
                        Simpanan dari bank lain (Catatan 19)            1,202,082            1.08990%          Deposits from other banks (Note 19)
                        Obligasi subordinasi (Catatan 23)                  48,000            0.04350%               Subordinated bonds (Note 23)
                        Beban yang masih harus dibayar dan                                                                  Accrued expenses and
                          liabilitas lain-lain (Catatan 24)                4,703             0.00430%                    other liabilities (Note 24)
                        Pendapatan bunga (Catatan 28)                    101,022             0.98870%                     Interest income (Note 28)
                        Beban bunga (Catatan 29)                          46,167             0.98530%                  Interest expenses (Note 29)
                        Beban asuransi kesehatan karyawan                                                             Employees health insurance
                          PT Asuransi Umum Mega                           23,386             1.59810%                  PT Asuransi Umum Mega
                          PT PFI Mega Life Insurance                       2,436             0.16650%               PT PFI Mega Life Insurance
                        Total beban asuransi kesehatan karyawan           25,822             1.76460%           Total employee’s health insurance
                        Beban Iklan:                                                                                         Advertising expenses:
                          PT Televisi Transformasi Indonesia              96,443             5.34130%         PT Televisi Transformasi Indonesia
                          PT Trans Digital Media                           3,917             0.21690%                     PT Trans Digital Media
                          PT Duta Visual Nusantara TV 7                    4,662             0.25820%            PT Duta Visual Nusantara TV 7
                          PT Trans News Corpora                            1,229             0.06810%                    PT Trans News Corpora
                          Lain-lain - di bawah Rp1 miliar                    367             0.02030%                  Others - below Rp1 billion
                        Total beban iklan                                106,618             5.90480%                   Total Advertising expenses




                                                                            108




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         PT BANK MEGA TBK                                                                                   PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                   (Continued)
         Untuk Tahun-tahun yang Berakhir                                                                      For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                      December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                              (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                        Unless Otherwise Stated)

                                                                Tahun yang Berakhir pada tanggal
                                                                    31 Desember/Year Ended
                                                                       December 31, 2023
                                                                 Jumlah/           Persentase (%)/
                                        Jenis                     Total            Percentage (%)                     Type

                  Pendapatan sewa (Catatan 14a):                                                                      Rent income (Note 14a):
                    PT Allo Bank Indonesia Tbk                           9,776             23.24850%             PT Allo Bank Indonesia Tbk
                    PT Duta Visual Nusantara TV 7                        8,425             20.03570%          PT Duta Visual Nusantara TV 7
                    PT Bank Mega Syariah                                 5,040             11.98570%                 PT Bank Mega Syariah
                    PT Asuransi Umum Mega                                4,106              9.76460%               PT Asuransi Umum Mega
                    PT Mega Capital Sekuritas                            2,628              6.24970%              PT Mega Capital Sekuritas
                    Lain-lain - di bawah Rp1 miliar                      3,125              7.43160%               Others - below Rp1 billion
                  Total pendapatan sewa                                 33,100             78.71580%                         Total rent income
                  Liabilitas komitmen - neto (Catatan 35):                                                Commitment liabilities - net (Note 35):
                    PT Trans Retail Indonesia                            1,760              0.01713%             PT Trans Retail Indonesia
                  Total liabilitas komitmen                              1,760              0.01713%              Total commitment liabilities
                  Liabilitas kontinjensi - neto (Catatan 35):                                               Contingent liabilities - net (Note 35):
                    PT Trans Retail Indonesia                           82,200             19.50335%               PT Trans Retail Indonesia
                    PT Trans Fashion Indonesia                          41,419              9.82736%             PT Trans Fashion Indonesia
                    PT Alfa Retailindo                                   5,477              1.29951%                        PT Alfa Retailindo
                    Lain-lain - di bawah Rp1 miliar                        631              0.14972%               Others - below Rp1 billion
                  Total liabilitas kontinjensi                         129,727             30.77994%                  Total contingent liabilities


                 Keterangan:                                                         Description:
                 a. Persentase dari giro pada bank lain,                             a. Percentages of current account with other
                     penempatan pada Bank Indonesia dan                                 banks, placement with Bank Indonesia and
                     bank lain, efek-efek, derivatif, kredit yang                       other banks, securities, derivative, loans,
                     diberikan, tagihan akseptasi dan aset lain-                        acceptance receivable and other assets
                     lain dihitung terhadap jumlah aset pada                            are computed based on total assets at
                     masing-masing tanggal laporan posisi                               each statements of financial position date.
                     keuangan.
                 b. Persentase dari giro, tabungan, deposito                         b.    Percentages of demand deposits, current
                     berjangka, simpanan dari bank lain, beban                             account, saving deposits, time deposits,
                     yang masih harus dibayar dan liabilitas                               deposits from other banks, accrued
                     lain-lain dihitung terhadap jumlah liabilitas                         expenses and other liabilities are
                     pada masing-masing tanggal laporan posisi                             computed based on total liabilities at each
                     keuangan.                                                             statements of financial position date.
                 c. Persentase        dari  pendapatan      bunga                    c.    Percentages of interest income are
                     dihitung terhadap jumlah pendapatan                                   computed based on total interest income
                     bunga untuk masing-masing tahun yang                                  for each related year.
                     bersangkutan.
                 d. Persentase dari beban bunga dihitung                             d.    Percentages of interest expenses are
                     terhadap jumlah beban bunga dan                                       computed based on total interest expenses
                     pembiayaan lainnya untuk masing-masing                                and other financing charges for each
                     tahun yang bersangkutan.                                              related year.
                 e. Persentase dari beban asuransi kesehatan                         e.    Percentages     of   employee’s     health
                     karyawan dihitung terhadap jumlah beban                               insurance expense are computed based
                     karyawan untuk masing-masing tahun yang                               on total personnel expenses for each
                     bersangkutan.                                                         related year.
                 f. Persentase dari pendapatan sewa dihitung                         f.    Percentages of rent income are computed
                     terhadap       jumlah   pendapatan      non-                          based on total non-operating income for
                     operasional untuk masing-masing tahun                                 each related year.
                     yang bersangkutan.
                 g. Persentase dari beban iklan dihitung                             g.    Percentages of advertising expense are
                     terhadap jumlah beban umum dan                                        computed based on total general and
                     administrasi untuk masing-masing tahun                                administrative expense for each related
                     yang bersangkutan.                                                    year.




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Page 493
               PT BANK MEGA TBK                                                                    PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                    (Continued)
               Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                       December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                               (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                         Unless Otherwise Stated)

                        h.   Persentase dari pembelian/penjualan surat      h.    Percentages of purchase/sale of securities
                             berharga    dihitung    terhadap     total           are     computed    based     on     total
                             pembelian/penjualan    surat    berharga             purchase/sale of marketable securities
                             selama tahun berjalan.                               during the year.

                        Sifat hubungan dengan pihak berelasi :              The nature of relationship with related parties :

                        1. Hubungan kepemilikan/pemegang saham yang sama/Related due to the same ownership share
                           holders
                           • PT Televisi Transformasi Indonesia
                           • PT Duta Visual Nusantara TV 7
                           • PT Para Bandung Propertindo
                           • PT Mega Capital Sekuritas
                           • PT Bank Mega Syariah
                           • PT Asuransi Umum Mega
                           • PT Mega Corpora
                           • PT Trans Property
                           • PT Trans Corpora
                           • PT CT Corpora
                           • PT Batam Indah Investindo
                           • PT Trans Coffee
                           • PT Mega Central Finance
                           • PT Anta Express Tour & Travel Service Tbk
                           • PT Trans Airways
                           • PT Trans Media Corpora
                           • PT Trans Rekan Media
                           • PT Trans Entertainment
                           • PT Trans Fashion Indonesia
                           • PT Trans Lifestyle
                           • PT Para Inti Energy
                           • PT Para Energy Investindo
                           • PT Trans Kalla Makassar
                           • PT Trans Studio
                           • PT Trans Ice
                           • PT Mega Auto Finance
                           • PT Para Bali Propertindo
                           • PT Mega Indah Propertindo
                           • PT CT Agro
                           • PT Kaltim CT Agro
                           • PT Kalbar CT Agro
                           • PT Kalteng CT Agro
                           • PT Metropolitan Retailmart
                           • PT Mega Finance
                           • PT Mega Asset Management
                           • PT PFI Mega Life Insurance
                           • PT Perkebunan Indonesia Lestari
                           • PT Perkebunan Inti Indonesia
                           • PT Vaya Tour
                           • PT Trans Digital Media
                           • PT Trans Mart
                           • PT Trans Grosir Indonesia
                           • PT Trans Retail Indonesia
                           • PT Bank Pembangunan Daerah Sulawesi Utara dan Gorontalo
                           • PT Arah Tumata

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         PT BANK MEGA TBK                                                               PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                               (Continued)
         Untuk Tahun-tahun yang Berakhir                                                  For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                  December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                          (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                    Unless Otherwise Stated)

                     •   PT Dian Abdi Nusa
                     •   PT Wahana Kutai Kencana
                     •   PT Trans Estate
                     •   PT Trans Studio Balikpapan
                     •   PT Trans Studio Jakarta
                     •   PT Mega Indah Realty Development
                     •   PT Rekreasindo Nusantara
                     •   PT Bank Pembangunan Daerah Sulawesi Tengah
                     •   PT Para Rekan Investama
                     •   PT Trans E Produksi
                     •   PT Indonusa Telemedia
                     •   PT Trans News Corpora
                     •   PT Detik Ini Juga
                     •   PT Tama Komunika Persada
                     •   PT Detik TV Indonesia
                     •   PT Trans Burger
                     •   PT Alfa Retailindo
                     •   PT Trans Rekreasindo
                     •   PT Trans Ritel Properti
                     •   PT Trans Distributor
                     •   PT Trans Importir
                     •   PT Trans Indo Distributor
                     •   PT Trans Indo Treding
                     •   PT Trans Indo Importir
                     •   PT Trans Living Indonesia
                     •   PT Transindo Digital Ritel
                     •   PT Garuda Indonesia (Persero) Tbk
                     •   PT Katingan Agro Resources
                     •   PT CT Agro Sukabumi
                     •   PT CT Global Resources
                     •   PT Lembah Sawit Subur 2
                     •   PT Lembah Sawit Subur 3
                     •   PT Trans Visi Media
                     •   PT Metro Outlet Indonesia
                     •   PT Trans F&B
                     •   PT Trans Retail
                     •   PT Trans Studio Semarang
                     •   PT Trans Fashion
                     •   PT Trans Properti Indonesia
                     •   PT Trans Studio BSD
                     •   PT CT Corp Infrastruktur Indonesia
                     •   PT Trans Cibubur Property
                     •   PT Trans Realty Development
                     •   PT Citra Bangun Sarana
                     •   PT Karya Tumbuh Bersama Indo
                     •   PT Trans Food Oriental
                     •   PT Trans Media Sosial
                     •   PT Trans Berita Bisnis
                     •   PT Trans Rasa Oriental
                     •   PT Trans Rasa Nippon
                     •   PT Trans Rasa Bali
                     •   PT Trans Pizza Resto
                     •   PT Manajemen Data Corpora


                                                           111




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               PT BANK MEGA TBK                                                               PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                               (Continued)
               Untuk Tahun-tahun yang Berakhir                                                  For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                  December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                          (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                    Unless Otherwise Stated)

                            •   PT Beautinesia Media Nusantara
                            •   PT Daily Dinamika Kreasi
                            •   PT Multi Citra Abadi
                            •   PT Sistem Pembayaran Digital
                            •   PT Vaya Micetama Servindo
                            •   PT Vaya Transport
                            •   PT Yatra Pratama Orient
                            •   PT Ekosistem Kreatif Indonesia
                            •   PT Allo Bank Indonesia Tbk
                            •   PT Vision Cinema Indonesia
                            •   PT Vision Internet Indonesia
                            •   PT Trans Properti Manajemen
                            •   PT Private Investment Indonesia
                            •   PT Pelabuhan Patimban International
                            •   PT Allo Fresh Indonesia
                            •   PT Trans TV Aceh
                            •   PT Trans TV Ambon Ternate
                            •   PT Trans TV Balikpapan
                            •   PT Trans TV Batam Kendari
                            •   PT Trans TV Bengkulu Jember
                            •   PT Trans TV Bukittinggi Gorontalo
                            •   PT Trans TV Cirebon Kediri
                            •   PT Trans TV Denpasar Banjarmasin
                            •   PT Trans TV Jambi Lampung
                            •   PT Trans TV Jayapura Surabaya
                            •   PT Trans TV Madiun Garut
                            •   PT Trans TV Manokwari Kendari
                            •   PT Trans TV Mataram Samarinda
                            •   PT Trans TV Medan Palembang
                            •   PT Trans TV Palangkaraya Palu
                            •   PT Trans TV Pekanbaru Padang
                            •   PT Trans TV Pontianak Manado
                            •   PT Trans TV Semarang Makassar
                            •   PT Trans TV Purwokerto Situbondo
                            •   PT Trans TV Sukabumi Mamuju
                            •   PT Trans TV Sumedang Pangkal Pinang
                            •   PT Trans TV Tegal Malang
                            •   PT Trans TIVI Banten Kaltara
                            •   PT Trans TV Yogyakarta Bandung
                            •   PT Detik TIVI Satu
                            •   PT Detik TIVI Dua
                            •   PT Detik TIVI Tiga
                            •   PT Detik TIVI Empat
                            •   PT Detik TIVI Lima
                            •   PT Detik TIVI Enam
                            •   PT Detik TIVI Tujuh
                            •   PT Detik TIVI Delapan
                            •   PT Detik TIVI Sembilan
                            •   PT Detik TIVI Sepuluh
                            •   PT Detik TIVI Sebelas
                            •   PT Detik TIVI Dua Belas
                            •   PT Detik TIVI Tujuh Belas
                            •   PT Trans Berita Bisnis Satu


                                                                      112




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         PT BANK MEGA TBK                                                               PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                               (Continued)
         Untuk Tahun-tahun yang Berakhir                                                  For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                  December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                          (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                    Unless Otherwise Stated)

                     •   PT Trans Berita Bisnis Dua
                     •   PT Trans Berita Bisnis Empat
                     •   PT Trans Berita Bisnis Lima
                     •   PT Trans Berita Bisnis Tujuh
                     •   PT Trans Berita Bisnis Delapan Belas
                     •   PT Trans Rekan Nusantara 1
                     •   PT Trans Rekan Nusantara 2
                     •   PT Trans Rekan Nusantara 3
                     •   PT Trans Rekan Nusantara 4
                     •   PT Trans Rekan Nusantara 5
                     •   PT Trans Rekan Nusantara 6
                     •   PT Trans Rekan Nusantara 7
                     •   PT Trans Rekan Nusantara 8
                     •   PT Trans Rekan Nusantara 9
                     •   PT Trans Rekan Nusantara Sepuluh
                     •   PT Trans Rekan Nusantara Sebelas
                     •   PT Trans Rekan Nusantara Dua belas
                     •   PT Trans Rekan Nusantara Tiga belas
                     •   PT Trans Rekan Nusantara Empat belas
                     •   PT Trans Rekan Nusantara Lima Belas
                     •   PT Transrekan Nusantara Enam belas
                     •   PT Trans Media Nusantara 1
                     •   PT Trans Media Nusantara 2
                     •   PT Trans Media Nusantara 3
                     •   PT Trans Media Nusantara 4
                     •   PT Trans Media Nusantara 5
                     •   PT Trans Media Nusantara 6
                     •   PT Trans Media Nusantara 7
                     •   PT Trans7 Tanah Datar Sukabumi
                     •   PT Trans7 Yogyakarta Bandung
                     •   PT Trans7 Balikpapan Palangkaraya
                     •   PT Trans7 Aceh
                     •   PT Trans7 Cirebon Kediri
                     •   PT Trans7 Denpasar Banjarmasin
                     •   PT Trans7 Purwokerto Jember
                     •   PT Trans7 Lampung Pekanbaru
                     •   PT Trans7 Bengkulu Jambi
                     •   PT Trans7 Surabaya Manado
                     •   PT Trans7 Tegal Malang
                     •   PT Trans Impor Indonesia
                     •   PT Trans Fashion Impor
                     •   CT Global Finance PTe. Ltd
                     •   Mintville Corporation
                     •   Finegold Resources Ltd
                     •   PT Trans Berita Bisnis Enam
                     •   PT Trans Berita Bisnis Delapan
                     •   PT Trans7 Banten Kaltara
                     •   PT Trans7 Kendari Manokwari
                     •   PT Trans7 Medan Palembang
                     •   PT Trans7 Madiun Garut
                     •   PT Trans7 Sumedang Situbondo
                     •   PT Trans7 Pangkal Pinang Mamuju
                     •   PT Trans7 Semarang Makassar


                                                                113




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               PT BANK MEGA TBK                                                                                           PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                           (Continued)
               Untuk Tahun-tahun yang Berakhir                                                                              For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                              December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                      (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                                Unless Otherwise Stated)

                            •   PT Trans7 Padang Aceh
                            •   PT Trans7 Ambon Ternate
                            •   PT Trans7 Pontianak Samarinda
                            •   PT Trans7 Palu Gorontalo
                            •   PT Trans7 Kupang Jayapura
                            •   PT Trans7 Batam Mataram
                            •   PT Trans News Production
                            •   Global Air Pte. Ltd
                            •   Pacific Air Holdings Ltd
                            •   Czar Aviation (Bvi) Limited
                            •   PT Bali Properti Developer
                            •   PT Taman Hiburan Cibubur
                            •   PT Taman Hiburan Bali
                            •   PT Rekan Investama Indonesia
                            •   PT Bank KB Bukopin Syariah
                            •   Colink Assets Holding Limited
                            •   CT-Corp Investments Singapore PTE Ltd
                            •   PT Dharya Haddira Kartikatama
                            •   Trans Fashion (Thailand) Company Limited
                            •   PT Pengembang Properti Pamulang (dh PT Graha Pamulang Properti)
                            •   PT Pengembang Properti Bandung (dh PT Graha Bandung Properti)
                            •   PT Pengembang Properti Bekasi (dh PT Graha Bekasi Properti)
                            •   PT Pengembang Properti Blimbing Malang (dh PT Graha Blimbing Malang Properti)
                            •   PT Anta Umroh Wisata (dh PT Mahkota Dhuharifqi Mandiri Wisata)

                        2. Hubungan keluarga dekat pengendali/ Related to close family member of controller
                           • PT Para Duta Bangsa

                        3. Manajemen Kunci                                                          3. Key Management
                           Dalam menjalankan usahanya, Bank telah                                      In the ordinary course of its business, the
                           memberikan remunerasi, tunjangan dan                                        Bank has given remuneration, other
                           fasilitas lainnya kepada Direksi dan Dewan                                  allowances and benefits to Directors and
                           Komisaris yang dicatat sebagai bagian dari                                  Board of Commissioners which were
                           beban       gaji  dan   tunjangan    lainnya                                recorded as part of salary expenses and
                           (Catatan 33).                                                               other allowances (Note 33).

                                                                          Tahun yang Berakhir pada tanggal 31 Desember/
                                                                                  Year Ended December 31, 2024
                                                                                                    Tunjangan dan
                                                                                                       fasilitas
                                                                                                       lainnya/
                                                           Jumlah kepala/       Remunerasi/        Other allowance        Jumlah/
                                                             Headcount         Remuneration          and benefits          Total

                             Manajemen kunci                                                                                                         Key management
                             Dewan Direksi                               8               77,425                163              77,588              Board of Directors
                             Dewan Komisaris                             4               27,154                115              27,269       Board of Commissioners
                             Sub - total manajemen kunci                12              104,579                278             104,857    Sub - total key management

                             Komite Audit                                2                  743                  29                 772              Audit Committee
                             Total                                      14              105,322                307             105,629                          Total




                                                                                      114




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Page 498
         PT BANK MEGA TBK                                                                                           PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                           (Continued)
         Untuk Tahun-tahun yang Berakhir                                                                              For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                              December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                                      (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                                Unless Otherwise Stated)

                                                                   Tahun yang Berakhir pada tanggal 31 Desember/
                                                                           Year Ended December 31, 2023
                                                                                             Tunjangan dan
                                                                                                fasilitas
                                                                                                lainnya/
                                                    Jumlah kepala/       Remunerasi/        Other allowance        Jumlah/
                                                      Headcount         Remuneration          and benefits          Total

                      Manajemen kunci                                                                                                         Key management
                      Dewan Direksi                               8               91,963                154              92,117              Board of Directors
                      Dewan Komisaris                             5               38,144                131              38,275       Board of Commissioners
                      Sub - total manajemen kunci                13              130,107                285             130,392    Sub - total key management

                      Komite Audit                                2                  767                  29                 796              Audit Committee

                      Total                                      15              130,874                314             131,188                          Total




         40.     Masalah Hukum                                                       40. Legal Matters

                 Antara April 2009 sampai dengan Juli 2010,                                  Between April 2009 and July 2010, there was a
                 telah terjadi pembobolan dana PT Elnusa Tbk                                 fraud case of PT Elnusa Tbk fund amounting to
                 sebesar Rp111.000 dengan melibatkan oknum                                   Rp111,000 involving officers of the Bank and
                 Bank maupun oknum PT Elnusa Tbk dan                                         also personnel of PT Elnusa Tbk and other
                 pihak-pihak lainnya.                                                        parties.

                 Terhadap kejadian tersebut telah menimbulkan                                The incident has led to the following cases:
                 kasus-kasus sebagai berikut:

                 a.    Kasus Tindak Pidana Korupsi                                           a.     The Corruption Case
                       Dalam perkara tindak pidana korupsi pihak                                    In the criminal corruption case, the
                       Kejaksaan,         berdasarkan          hasil                                Indonesian attorney, based on its
                       penyidikannya, mengindikasikan adanya                                        investigation indicated that there is a fund
                       korupsi dana PT Elnusa Tbk di Bank yang                                      corruption occured in Bank, involving the
                       melibatkan oknum dari PT Elnusa Tbk                                          personnel from PT Elnusa Tbk itself.
                       sendiri. Berdasarkan hasil pemeriksaan                                       Based on the investigation in the
                       di tingkat Pengadilan Negeri, Pengadilan                                     Indonesian District Court, High Court and
                       Tinggi dan di tingkat Kasasi terbukti bahwa                                  Court of Cassation, it was proven that this
                       kasus ini adalah merupakan tindak pidana                                     current case is indeed a corruption. This
                       korupsi. Kasus ini telah diproses hingga                                     case has been processed up to Indonesia
                       tingkat Mahkamah Agung R.I. yang artinya                                     Supreme Court of Justice, which means
                       terhadap      perkara      tersebut     telah                                this case has a fixed and binding power
                       mempunyai kekuatan tetap dan mengikat                                        and because of that, the attorney must
                       (final and binding) dan karenanya pihak                                      execute the final verdict regarding the
                       Kejaksaan        wajib     untuk      segera                                 case.
                       melaksanakan         (eksekusi)     terhadap
                       keputusan tersebut.

                       Keputusan tersebut diputuskan pada                                           The verdict was decided on August 29,
                       tanggal 29 Agustus 2012 melalui Rapat                                        2012 through the Consultative Meeting of
                       Permusyawaratan Mahkamah Agung R.I.,                                         Indonesia Supreme Court of Justice
                       dimana     Mahkamah       Agung    telah                                     whereby the court decided and verdict all
                       memutuskan dan menyatakan Para                                               the defendants as guilty of violating the law
                       Terdakwa bersalah melakukan perbuatan                                        on corruption and were required to return
                       melawan hukum berupa tindak pidana                                           all the money to the State and PT Elnusa
                       korupsi dan wajib untuk mengembalikan                                        Tbk.
                       dana (yang di korupsinya) kepada Negara
                       cq PT Elnusa Tbk.

                       Atas putusan tersebut Kejaksaan Negeri                                       Based on the verdict of district attorneys
                       selaku    pihak     eksekutor/pelaksana                                      as the executor of the verdict, they must
                       eksekusi, wajib menjalankan proses                                           exercise the execution process to all the


                                                                               115




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               PT BANK MEGA TBK                                                                    PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                    (Continued)
               Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                       December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                               (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                         Unless Otherwise Stated)

                             eksekusi terhadap seluruh barang atau                material or money that had been
                             harta kekayaan yang telah disita oleh                confiscated by court which will be
                             pengadilan untuk kemudian dilakukan                  auctioned whereby the proceeds therein
                             pelelangan dan hasilnya masing-masing                would be returned to the State and
                             akan diserahkan kepada Negara cq                     PT Elnusa Tbk. If the confiscated material
                             PT Elnusa Tbk. Apabila harta kekayaan                is not enough to cover the corruption
                             yang disita ternyata tidak mencukupi untuk           amount that need to be returned to PT
                             mengembalikan dana PT Elnusa Tbk yang                Elnusa Tbk, the court will seize and
                             dikorupsi, maka pihak Kejaksaan akan                 confiscate all the property that are owned
                             melakukan perampasan dan penyitaan                   by the defendant in order to return the fund
                             terhadap seluruh harta kekayaan para                 that has been corrupted to the State and
                             terdakwa/terpidana guna mengembalikan                PT Elnusa Tbk.
                             dana yang dikorupsinya tersebut kepada
                             Negara cq PT Elnusa Tbk.

                             Bahwa kemudian salah satu terdakwa                   Eventually, one of the defendant in
                             dalam kasus tipikor yakni Santun                     corruption    case,    namely      Santun
                             Nainggolan, telah mengajukan upaya                   Nainggolan, has submitted a legal effort of
                             hukum Peninjauan Kembali kepada                      Judicial Review to Indonesia Supreme
                             Mahkamah Agung R.I. terhadap putusan                 Court of Justice in response to the
                             kasasi dalam perkara tipikor tersebut,               Cassation’s decision in the corruption
                             Mahkamah Agung Republik Indonesia                    case, Indonesia Supreme Court of Justice
                             pada tanggal 6 Januari 2016 telah                    on January 6, 2016 decided to decline the
                             memutuskan     Menolak    Permohonan                 appeal of Judicial Review from Santun
                             Peninjauan   Kembali   dari    Santun                Nainggolan.
                             Nainggolan.

                             Sampai dengan tanggal penyelesaian                   Until the completion date of these financial
                             laporan keuangan ini, tidak terdapat                 statements, there is no information update
                             informasi baru terkait kasus tindak pidana           regarding this corruption case.
                             korupsi ini.

                        b.   Kasus Perdata                                  b.    Civil Case
                             Bank telah menjadi pihak tergugat dalam              The Bank has been the defendant of the
                             kasus perdata yang diajukan oleh                     civil case against PT Elnusa Tbk (the
                             PT Elnusa Tbk (pihak penggugat), dimana              plaintiff), in which the plaintiff filed a case
                             penggugat mengajukan gugatan perbuatan               against law towards the Bank due to an
                             melawan hukum terhadap Bank karena                   indication of certification of deposit forgery
                             adanya pemalsuan sertifikat deposito                 amounting to Rp111,000. On March 22,
                             berjangka dengan gugatan material                    2012, the South Jakarta Disctrict Court of
                             sebesar    Rp111.000.    Pada    tanggal             Justice granted the plaintiff charges and
                             22 Maret 2012, Majelis Hakim Pengadilan              obligated the Bank to return the plaintiff’s
                             Negeri Jakarta Selatan mengabulkan                   fund plus a certain amount of interest.
                             sebagian     gugatan   penggugat    dan
                             menghukum Bank untuk mengembalikan
                             dana milik penggugat beserta sejumlah
                             bunga tertentu.

                             Terkait dengan keputusan Pengadilan                  In relation to the decision of the South
                             Negeri Jakarta Selatan tersebut, Bank                Jakarta District Court, the Bank filed a
                             telah mengajukan upaya hukum hingga                  legal appeal up to judicial review to the
                             peninjauan kembali ke Mahkamah Agung                 Indonesia Supreme Court which resulted
                             R.I. yang berakhir dengan penolakan dan              in rejection of the judicial review submitted
                             guna mempertahankan haknya, Bank pada                by the Bank and to protect its right, the
                             tanggal 19 September 2016 telah                      Bank, on September 19, 2016 had filed a
                             mengajukan gugatan perlawanan melalui                tierce opposition through South Jakarta
                             Pengadilan Negeri Jakarta Selatan atas               District Court against execution appeal

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         PT BANK MEGA TBK                                                               PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                               (Continued)
         Untuk Tahun-tahun yang Berakhir                                                  For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                  December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                          (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                    Unless Otherwise Stated)

                       permohonan eksekusi yang diajukan oleh          filed by PT Elnusa Tbk which has been
                       PT Elnusa Tbk yang dilanjutkan dengan           followed by an appeal to the Jakarta High
                       pengajuan banding ke Pengadilan Tinggi          Court, and is currently in the process of
                       Jakarta, dan saat ini sedang dalam proses       cassation at the Indonesia Supreme Court
                       kasasi    di   Mahkamah      Agung    R.I.      as stated in the Minutes of Statement of
                       sebagaimana yang tertuang dalam Risalah         Cassation          Application        No.
                       Pernyataan Permohonan Kasasi Nomor              162/Pdt.G/Plw/2016/PN.Jkt.Sel       dated
                       162/Pdt.G/Plw/2016/PN.Jkt.Sel bertanggal        June 19, 2023 Jo. Minutes of Acceptance
                       19 Juni 2023 Jo. Risalah Penerimaan             of Memorandum of Cassation No.
                       Memori             Kasasi          Nomor        162/Pdt.G Plw/2016/PN.Jkt.Sel dated June
                       162/Pdt.G/Plw/2016/PN.Jkt.Sel bertanggal        27, 2023.
                       27 Juni 2023 .
                       Pada tanggal 10 Mei 2017, melalui surat         On May 10, 2017, through letter No. W10-
                       No. W10-U3/1882/Hk.02/5/2017 Perihal            U3/ 1882/Hk.02/5/2017 Regarding the
                       Penundaan Lelang, Ketua Pengadilan              Postponed Auction, the Head of South
                       Negeri Jakarta Selatan telah menunda            Jakarta District Court has postponed the
                       pelaksanaan (eksekusi) lelang (hingga           execution of the auction (until further
                       pemberitahuan lebih lanjut dari Pengadilan      notice from the South Jakarta District
                       Negeri Jakarta Selatan) dikarenakan masih       Court) due to the ongoing tierce opposition
                       adanya perkara perlawanan yang masih            and peaceful settlement effort.
                       berjalan dan adanya upaya perdamaian
                       yang sedang berlangsung.
                       Bahwa      Mahkamah       Agung    dalam        The Supreme Court, in its decision
                       putusannya terhadap perkara tipikor             towards the corruption case decided that
                       menyatakan      bahwa     para  terpidana       the defendants were found guilty of
                       dinyatakan bersalah telah melakukan             commiting unlawful action of corruption
                       perbuatan melanggar hukum berupa tindak         and because of that, each of the
                       pidana korupsi dan karenanya masing-            defendants      will  be    sentenced    to
                       masing pelaku dihukum penjara sesuai            imprisonment which terms was parralel to
                       dengan tingkat perbuatannya dan pada            level of action taken. At the same time, all
                       saat yang bersamaan para terpidana wajib        the defendants must return and pay
                       untuk mengembalikan dan membayar ganti          compensations to the State and PT Elnusa
                       rugi/denda kepada Negara cq. PT Elnusa          Tbk. While in the civil case submitted by
                       Tbk. Di lain pihak dalam perkara gugatan        PT Elnusa Tbk, the Bank is found guilty of
                       perdata yang diajukan PT Elnusa Tbk,            committing unlawful action and is required
                       Bank     dinyatakan    telah   melakukan        to pay the fine of Rp111,000 to PT Elnusa
                       perbuatan melanggar hukum dan wajib             Tbk.
                       untuk membayar kepada PT Elnusa Tbk
                       sebesar Rp111.000.
                       Pada 2017, Pengadilan Negeri Jakarta            In 2017, the South Jakarta District Court
                       Selatan     telah   mengumumkan     akan        has announced that it will conduct an
                       melakukan lelang terhadap obyek sita            auction against the object of confiscation,
                       jaminan, akan tetapi kemudian sebelum           but then before the auction is held, the
                       lelang dilaksanakan, Ketua Pengadilan           Head of South Jakarta District Court
                       Negeri Jakarta Selatan mengeluarkan             issued a Stipulation to postpone the
                       Penetapan menunda eksekusi lelang,              execution of the auction, until the
                       antara    lain    dengan  alasan masih          settlement of the ongoing process of
                       berjalannya proses Gugatan Perlawanan           Resistance Lawsuit, as described above,
                       sebagaimana diuraikan diatas hingga             or peaceful settlement from both parties.
                       selesai atau kedua belah pihak melakukan
                       perdamaian atas kasus tersebut.




                                                                117




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               PT BANK MEGA TBK                                                                       PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                       (Continued)
               Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                          December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                  (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                            Unless Otherwise Stated)

                             Sehubungan dengan kasus di atas, Bank                    In relation to the case above, the Bank has
                             memenuhi permintaan dari regulator antara                received a request from regulator to
                             lain untuk membentuk dana cadangan                       forming a reserve fund amounting of,
                             dalam escrow account sebesar Rp206.630                   among others, create an escrow account
                             sampai     sengketa   tersebut    selesai                amounting to Rp206,630 until the disputes
                             (Catatan 14).                                            are settled (Note 14).

                             Pada tanggal 7 Mei 2024, telah dilakukan                 On May 7 2024, Settlement Agreement
                             penandatangan Perjanjian Perdamaian                      No.1 was signed before Dharma Akhyuzi,
                             No.1 yang dibuat dihadapan Dharma                        S.H., Notary in Jakarta. Both parties
                             Akhyuzi, S.H., Notaris di Jakarta. Kedua                 agreed that the case had been resolved
                             belah pihak sepakat bahwa kasus tersebut                 completely, through peaceful deliberation
                             telah selesai dengan tuntas, melalui jalan               and consensus, and this settlement
                             musyawarah      mufakat    damai,     dan                agreement ended all disputes that had
                             perjanjian perdamaian ini mengakhiri                     occurred previously.
                             semua sengketa yang pernah terjadi
                             sebelumnya.

                             Sesuai dengan perjanjian perdamaian                      In accordance with the settlement
                             tersebut, Bank telah memenuhi kewajiban                  agreement, the Bank has fulfilled its
                             pembayaran kepada PT Elnusa Tbk                          payment obligations to PT Elnusa Tbk
                             sebesar Rp197.434 yang dibukukan                         amounting to Rp197,434 which was
                             sebagai bagian dari biaya kerugian risiko                recorded as part of operational risk loss
                             operasional (Catatan 32).                                expenses (Note 32).

                             Sampai dengan tanggal 31 Desember                        As of December 31, 2024, the cancelation
                             2024,    proses pembatalan atas dana                     process of the reserve fund is still awaiting
                             cadangan     tersebut masih menunggu                     approval from Bank Indonesia and the
                             persetujuan Bank Indonesia dan Otoritas                  Financial Services Authority (Note 14 dan
                             Jasa Keuangan (Catatan 14 dan 51).                       51).


                41.     Aset dan Liabilitas Moneter dalam Mata                41. Assets and Liabilities          Denominated         in
                        Uang Asing                                                Foreign Currency

                        Posisi aset (sebelum dikurangi dengan                     Monetary asset (before deducting the
                        cadangan kerugian penurunan nilai) dan                    allowance for impairment losses) and liability
                        liabilitas moneter dalam mata uang asing                  position denominated in foreign currencies are
                        adalah sebagai berikut:                                   as follows:

                                                                2024                2023
                        Aset                                                                                                      Assets
                        Kas (Catatan 4)                             176,716             116,590                           Cash (Note 4)
                        Giro pada Bank Indonesia                                                   Current accounts with Bank Indonesia
                          (Catatan 5)                               531,135             461,910                                (Note 5)
                        Giro pada bank lain                                                                  Current accounts with other
                          (Catatan 6)                               935,189             605,892                        banks (Note 6)
                        Penempatan pada Bank Indonesia                                                  Placements with Bank Indonesia
                          dan bank lain (Catatan 7)                 321,900                   --             and other banks (Note 7)
                        Efek-efek (Catatan 8)                        93,975             212,910                       Securities (Note 8)
                        Tagihan derivatif (Catatan 10)               48,734              20,974         Derivatives receivable (Note 10)
                        Kredit yang diberikan (Catatan 11)       13,008,277          10,889,335                         Loans (Note 11)
                        Tagihan akseptasi (Catatan 12)                9,234                   --        Acceptance receivable (Note 12)
                        Aset lain-lain (Catatan 14)                  98,082              62,856                  Other assets (Note 14)
                        Total                                    15,223,242          12,370,467                                     Total




                                                                       118




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Page 502
         PT BANK MEGA TBK                                                                           PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                           (Continued)
         Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                              December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                      (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                Unless Otherwise Stated)

                                                          2024                    2023
                  Liabilitas                                                                                            Liabilities
                  Liabilitas segera                              4,193                   2,529        Obligations due immediately
                  Simpanan dari nasabah                                                                    Deposit from customers
                    (Catatan 16, 17 dan 18)                11,304,451              10,156,031              (Notes 16, 17 and 18)
                  Simpanan dari bank lain                                                               Deposits from other banks
                    (Catatan 19)                              387,551                461,357                           (Note 19)
                  Liabilitas derivatif (Catatan 10)           121,059                 18,931       Derivatives payable (Note 10)
                  Utang akseptasi (Catatan 12)                  9,234                      --      Acceptance payable (Note 12)
                  Beban yang masih harus
                    dibayar dan liabilitas                                                                       Accrued expenses
                    lain-lain (Catatan 24)                     72,849                  62,710       and other liabilities (Note 24)
                  Pinjaman diterima (Catatan 22)            1,287,600                 692,865          Fund borrowings (Note 22)
                  Total                                    13,186,937              11,394,423                                   Total

                  Posisi aset (liabilitas) - neto           2,036,305                976,044      Asset (Liabilities) position - net


                 Posisi Devisa Neto (“PDN”) Bank diungkapkan                 The Bank’s Net Open Position (“NOP”) is
                 pada Catatan 49k.                                           disclosed in Note 49k.


         42.     Kegiatan Wali Amanat                                    42. Trusteeship Activities

                 Bank       memperoleh        izin     untuk                 The Bank was granted with the license to
                 menyelenggarakan kegiatan usaha sebagai                     conduct trusteeship activity from BAPEPAM-
                 wali amanat dari BAPEPAM-LK berdasarkan                     LK based on the decision letter No. 20/STTD-
                 surat keputusan No. 20/STTD-WA/PM/2000                      WA/PM/2000 dated August 2, 2000. The
                 pada tanggal 2 Agustus 2000. Jasa-jasa yang                 services provided by the Bank as a trustee are
                 dilakukan oleh Bank sebagai wali amanat                     as follows:
                 adalah sebagai berikut:

                 a.    Mewakili kepentingan pemegang obligasi                a.    Represents the bondholders in any court
                       baik di dalam dan di luar pengadilan dalam                  and outside the court on any legal actions
                       melakukan tindakan hukum yang berkaitan                     that are related to the bondholders’
                       dengan kepentingan pemegang obligasi;                       interest;
                 b.    Menyampaikan informasi lengkap secara                 b.    Submits complete information concerning
                       terbuka mengenai kualifikasinya sebagai                     its qualification as Trustee in the
                       Wali Amanat dalam prospektus;                               prospectus;
                 c.    Memberikan laporan kepada Otoritas Jasa               c.    Reports directly to Financial Services
                       Keuangan, Bursa Efek dan pemegang                           Authority, Stock Exchange and to the
                       obligasi baik secara langsung atau melalui                  bondholders, directly or through Stock
                       Bursa Efek dalam hal emiten telah cidera                    Exchange when the issuer has not
                       janji atau terjadi keadaan yang dapat                       complied with the agreement or any
                       membahayakan kepentingan pemegang                           condition that will be disadvantageous to
                       obligasi;                                                   the bondholders;
                 d.    Melakukan pengawasan atau pemantauan                  d.    Perform periodic monitoring or supervision
                       secara berkala mengenai perkembangan                        on the development of the issuer’s
                       pengelolaan usaha emiten berdasarkan                        business based on financial reports or
                       laporan keuangan atau laporan lainnya;                      others reports; and
                       dan
                 e.    Memberikan nasihat yang diperlukan                    e.    Provides necessary advisory services to
                       emiten sehubungan dengan perjanjian                         issuer in connection with the trusteeship
                       perwaliamanatan.                                            agreement.

                 Untuk tahun yang berakhir 31 Desember 2024,                 For the year ended December 31, 2024, the
                 Bank bertindak sebagai Wali Amanat atas 91                  Bank acted as Trustee for 91 bonds issuance,
                 emisi obligasi, 32 emisi medium-term notes, 36              32 medium-term notes issuance, 36 sukuk
                 emisi sukuk, dan 2 emisi sukuk medium-term                  issuance, and 2 sukuk medium-term notes


                                                                 119




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Page 503
               PT BANK MEGA TBK                                                                      PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                      (Continued)
               Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                         December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                 (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                           Unless Otherwise Stated)

                        notes. Jumlah nilai obligasi yang diterbitkan            issuance. The total value of the bonds issued
                        adalah    sebesar      Rp83.036.933       dan            amounted       to      Rp83,036,933       and
                        USD18,750,000 (dalam nilai penuh).                       USD18.750.000 (in full amount).

                        Untuk tahun yang berakhir 31 Desember 2023,              For the year ended December 31, 2023, the
                        Bank bertindak sebagai Wali Amanat atas 96               Bank acted as Trustee for 96 bonds issuance,
                        emisi obligasi, 32 emisi medium-term notes, 30           32 medium-term notes issuance, 30 sukuk
                        emisi sukuk, dan 3 emisi sukuk medium term               issuance, and 3 sukuk medium-term notes
                        notes. Jumlah nilai obligasi yang diterbitkan            issuance. The total value of the bonds issued
                        adalah      sebesar      Rp89.941.805     dan            amounted       to      Rp89,941,805       and
                        USD19,166,167 (dalam nilai penuh).                       USD19.166.167 (in full amount).


                43.     Kegiatan Jasa Kustodian                              43. Custodian Services Activities

                        Bank dapat bertindak sebagai Bank Kustodian              The Bank is allowed to act as Custodian Bank
                        berdasarkan surat izin dari Badan Pengawas               based on the license from the Capital Market
                        Pasar Modal dan Lembaga Keuangan No.                     Supervisory Agency and Financial Institution
                        KEP-01/PM/Kstd/2001 tanggal 18 Januari                   based on the letter No. KEP-01/PM/Kstd/2001
                        2001.                                                    dated January 18, 2001.

                        Kustodian Umum meliputi:                                 General Custody encompasses:
                        • Safekeeping        (penyimpanan      dan               • Safekeeping (storage and administration of
                          pengadministrasian efek-efek)                            securities)
                        • Settlement    and    transaction handling              • Settlement and transaction handling
                          (penanganan dan penyelesaian transaksi                   (handling and settlement of the transaction
                          penjualan/pembelian efek-efek)                           of sales/purchases of securities)
                        • Corporate action (pengurusan hak-hak                   • Corporate action (handling customer’s
                          nasabah sehubungan dengan kepemilikan                    rights in relation with the ownership of
                          efek-efek nasabah)                                       securities)
                        • Proxy (mewakili nasabah dalam Rapat                    • Proxy (as a customer representative at the
                          Umum Pemegang Saham berdasarkan                          General Meeting of Shareholders based on
                          surat kuasa)                                             powers of attorney)
                        • Pelaporan                                              • Reporting

                        Kustodian Reksa Dana meliputi:                           Mutual Fund Custody encompasses:
                        • Unit      Registry      (pencatatan      dan           • Registry      Unit      (registration  and
                          pengadministrasian unit reksa dana)                      administration of mutual fund unit)
                        • Fund     Accounting     (penitipan   kolektif,         • Fund Accounting (collective custody, mutual
                          pengadministrasian portofolio reksa dana                 fund administration and portfolio Net Asset
                          dan penghitungan Nilai Aset Bersih)                      Value calculation)
                        • Pelaporan                                              • Reporting
                        • Penyimpanan       efek-efek     lain  sesuai           • Storage of other securities in compliance
                          peraturan yang berlaku                                   with the prevailing regulations

                        Pada tanggal 31 Desember 2024 dan 2023,                  As of December 31, 2024 and 2023, the value
                        nilai portofolio dalam administrasi kustodian            of the portfolio under administration of the
                        Bank masing-masing sebesar Rp43.348.652                  Bank’s custodian amounted to Rp43,348,652
                        dan Rp41.953.296.                                        and Rp41,953,296, respectively.




                                                                       120




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         PT BANK MEGA TBK                                                                                                                                 PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                                                                  NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                                                                 (Continued)
         Untuk Tahun-tahun yang Berakhir                                                                                                                    For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                                                                    December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                                                                            (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                                                                      Unless Otherwise Stated)

         44.     Pengukuran Nilai Wajar                                                                                   44. Fair Value Measurements

                 Tabel dibawah menyajikan perbandingan                                                                             The table below summarizes the comparison
                 antara nilai tercatat dan nilai wajar dari semua                                                                  between the carrying amounts and fair values
                 aset dan liabilitas keuangan disajikan per                                                                        of all financial assets and liabilities presented
                 kategori dari instrumen keuangan. Nilai wajar                                                                     per category of financial instruments. The fair
                 yang     diungkapkan      adalah     berdasarkan                                                                  values disclosed are based on relevant
                 informasi relevan yang tersedia pada tanggal                                                                      information available as of December 31, 2024
                 31 Desember 2024 dan 2023, dan tidak                                                                              and 2023, and not updated to reflect changes
                 diperbarui untuk mencerminkan perubahan                                                                           in market conditions which have occurred after
                 dalam kondisi pasar yang telah terjadi setelah                                                                    this date.
                 tanggal ini.
                                                                                                          31 Desember/December 31
                                                                                              2024                                                2023
                                                                           Nilai tercatat/            Nilai wajar/             Nilai tercatat/             Nilai wajar/
                                                                          Carrying value              Fair value              Carrying value               Fair value

                  Aset Keuangan                                                                                                                                                                    Financial Assets
                  Nilai wajar melalui laba rugi                                                                                                                                    Fair value through profit or loss
                    Efek-efek                                                       3,556,651                 3,556,651                 2,156,712                 2,156,712                              Securities
                    Tagihan derivatif                                                  48,734                    48,734                    20,974                    20,974                   Derivative receivable
                                                                                    3,605,385                 3,605,385                 2,177,686                 2,177,686

                  Nilai wajar melalui penghasilan                                                                                                                                          Fair value through other
                  Komprehensif lain                                                                                                                                                         comprehensive income
                    Efek-efek                                                     45,946,959                45,946,959                 35,467,876                35,467,876                              Securities

                  Biaya perolehan yang Diamortisasi                                                                                                                                                  Amortized cost
                    Kas                                                               873,509                   873,509                   855,222                   855,222                                   Cash
                    Giro pada                                                                                                                                                               Current accounts with
                      Bank Indonesia                                                7,525,245                 7,525,245                 6,822,433                 6,822,433                      Bank Indonesia
                    Giro pada                                                                                                                                                                     Current accounts
                      bank lain                                                       953,206                   953,206                   644,673                   644,673                     with other banks
                    Penempatan pada Bank                                                                                                                                                    Placements with Bank
                      Indonesia dan bank lain                                         831,826                   831,826                 3,352,627                 3,352,627           Indonesia and other banks
                    Efek-efek yang dibeli dengan                                                                                                                                       Securities purchased under
                      janji dijual kembali                                         1,389,981                 1,389,981                  7,215,441                 7,215,441                  agreement to resell
                    Kredit yang diberikan                                         63,980,404                63,563,286                 65,688,080                66,279,088                                  Loans
                    Tagihan akseptasi                                                  9,222                     9,222                          --                        --              Acceptances receivable
                    Aset lain-lain - neto*)                                        1,599,780                 1,599,780                  1,525,993                 1,525,993                    Other assets - net*)
                                                                                  77,163,173                76,746,055                 86,104,469                86,695,477

                  Total                                                          126,715,517               126,298,399               123,750,031               124,341,039                                      Total


                  *) Termasuk di dalam aset lain-lain merupakan bunga yang masih akan diterima, setoran jaminan, piutang sewa, tagihan penjualan surat berharga, dan aset yang diblokir/
                     Included in other assets are accrued interest receivables, guarantee deposits, lease receivables, receivables from sales of marketable securities, and restricted assets


                                                                                                           31 Desember/December 31
                                                                                              2024                                                2023
                                                                            Nilai tercatat/            Nilai wajar/             Nilai tercatat/             Nilai wajar/
                                                                           Carrying value              Fair value              Carrying value               Fair value
                  Liabilitas Keuangan                                                                                                                                                           Financial Liabilities
                  Nilai wajar melalui                                                                                                                                                            Fair value through
                  laba rugi                                                                                                                                                                            profit or loss
                  Liabilitas derivatif                                                121,059                   121,059                    18,931                    18,931                      Derivatives payable

                  Diukur pada biaya                                                                                                                                                                     Measured at
                  perolehan diamortisasi                                                                                                                                                             amortized cost
                    Liabilitas segera                                                 179,318                   179,318                   296,179                   296,179            Obligations due immediately
                    Simpanan nasabah                                                                                                                                                      Deposits from customers
                      Giro                                                        10,382,648                10,382,648                 10,125,725                10,125,725                     Current accounts
                      Tabungan                                                    17,187,644                17,187,644                 15,662,241                15,662,241                     Savings deposits
                      Deposito berjangka                                          64,099,005                64,099,005                 63,647,784                63,647,784                        Time deposits
                    Simpanan dari bank lain                                                                                                                                              Deposits from other banks
                      Call money                                                    3,436,280                 3,436,280                 3,244,212                 3,244,212                           Call money
                      Giro                                                            111,416                   111,416                   246,028                   246,028                     Current accounts
                      Tabungan                                                         63,636                    63,636                    73,176                    73,176                     Savings deposits
                      Deposito berjangka                                              221,700                   221,700                   309,180                   309,180                        Time deposits
                    Utang akseptasi                                                     9,234                     9,234                         --                        --                 Acceptances payable
                    Pinjaman yang diterima                                          3,987,600                 3,987,600                 2,909,228                 2,909,228                       Fund Borrowings
                    Obligasi subordinasi - neto                                        50,000                    50,000                    50,000                    50,000               Subordinated bonds - net
                    Efek-efek yang dijual dengan                                                                                                                                              Securities sold under
                      janji dibeli kembali                                        12,947,188                12,947,188                 12,573,231                12,573,231             repurchased agreements
                    Beban yang masih harus
                      dibayar dan liabilitas                                                                                                                                                    Accrued expenses
                      lain-lain**)                                                   303,608                   303,608                   427,497                   427,497                  and other liabilities**)
                                                                                 112,979,277               112,979,277               109,564,481               109,564,481
                  Total                                                          113,100,336               113,100,336               109,583,412               109,583,412                                      Total


                  **) Termasuk di dalam liabilitas lain-lain merupakan bunga yang masih harus dibayar, setoran jaminan, dan kewajiban pembelian surat berharga/
                      Included in other liabilities are accrued interest payables, lease liabilities, guarantee deposits, and liabilities to purchase of marketable securities




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Page 505
               PT BANK MEGA TBK                                                                                            PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                            (Continued)
               Untuk Tahun-tahun yang Berakhir                                                                               For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                               December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                       (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                                 Unless Otherwise Stated)

                        Berikut metode dan asumsi yang digunakan                                      The following methods and assumptions are
                        untuk perkiraan nilai wajar:                                                  used to estimate the fair value:
                        Nilai wajar aset dan liabilitas keuangan tertentu                             Fair values of certain financial assets and
                        selain derivatif dan kredit yang diberikan                                    liabilities other than derivatives and loans are
                        mendekati nilai tercatat karena instrumen                                     approximately the same with their carrying
                        keuangan tersebut memiliki jangka waktu jatuh                                 amounts due to the short-term maturities of
                        tempo yang singkat dan/atau suku bunganya                                     these financial instruments and/or repriced
                        sering ditinjau ulang.                                                        frequently.
                        Nilai wajar tagihan dan liabilitas derivatif                                  The fair value of derivative receivable and
                        dihitung    berdasarkan    metodologi yang                                    payable are calculated based on methodology
                        dijelaskan dalam Catatan 2i dan 10.                                           as disclosed in Notes 2i and 10.
                        Nilai wajar dari kredit yang diberikan dinilai                                The fair value of loans are determined by
                        menggunakan diskonto arus kas berdasarkan                                     discounting cash flows using current market
                        tingkat suku bunga pasar terkini.                                             interest rate.
                        Bank menggunakan hierarki berikut untuk                                       The Bank adopts the following hierarchy for
                        menentukan dan mengungkapkan nilai wajar                                      determining and disclosing the fair value of
                        dari aset dan liabilitas:                                                     assets and liabilities:
                        • Level 1 : harga kuotasian (tanpa                                            • Level 1 : quoted (unadjusted) market prices
                           penyesuaian) di pasar aktif untuk aset atau                                   in active market for identical assets or
                           liabilitas yang identik;                                                      liabilities;
                        • Level 2 : input selain harga kuotasian yang                                 • Level 2 : inputs other than quoted prices
                           termasuk dalam Level 1 yang dapat                                             included within Level 1 that are observable
                           diobservasi untuk aset dan liabilitas baik                                    for the asset or liability either directly
                           secara langsung (misalnya harga) atau                                         (example, price) or indirectly;
                           secara tidak langsung;
                        • Level 3 : input untuk aset dan liabilitas yang                              • Level 3 : inputs for the asset and liability
                           bukan berdasarkan data pasar yang dapat                                      that are not based on observable market
                           diobservasi (input yang tidak dapat                                          data (unobservable inputs).
                           diobservasi).
                        Tabel di bawah ini menunjukkan aset dan                                       The table below show the assets and liabilities
                        liabilitas yang diukur pada nilai wajar yang                                  measured at fair value categorized according
                        dikelompokkan berdasarkan hierarki nilai wajar:                               to the fair value hierarchy:
                                                                               31 Desember/December 31, 2024
                                                                                             Nilai wajar/Fair value
                                                             Nilai tercatat/     Tingkat/           Tingkat/          Tingkat/
                                                            Carrying value       Level 1            Level 2           Level 3

                        Aset yang diukur pada nilai wajar                                                                             Assets measured at fair value
                         Efek-efek yang diukur
                           pada nilai wajar                                                                                                  Securities at fair value
                           melalui laba rugi                       3,556,651        3,556,651                   --               --        through profit and loss
                         Tagihan derivatif                            48,734                --             48,734                --            Derivative receivable
                         Efek-efek yang diukur
                           pada nilai wajar                                                                                                 Securities at fair value
                           melalui penghasilan                                                                                                     through other
                           komprehensif lain                      45,946,959       45,946,959                   --               --       comprehensive income
                        Total aset yang diukur                                                                                              Total assets measured
                         pada nilai wajar                         49,552,344       49,503,610              48,734                --                   at fair value

                        Aset yang nilai wajarnya                                                                                         Assets for which fair value
                         diungkapkan                                                                                                                 are disclosed
                         Kredit yang diberikan                    63,980,404                --         63,469,087          511,317                           Loans
                         Agunan yang diambil alih                  1,324,248                --                  --       1,324,248               Foreclosed assets
                         Aset tetap                                5,819,033                --                  --       5,819,033                    Fixed Assets
                        Total aset yang nilai                                                                                                 Total assets for which
                         wajarnya diungkapkan                     71,123,685                --         63,469,087        7,654,598        fair value are disclosed

                        Liabilitas yang diukur                                                                                               Liabilities measured at
                          pada nilai wajar                                                                                                                fair value
                          Liabilitas derivatif                       121,059                --            121,059                --             Derivative payable

                        Total liabilitas yang diukur                                                                                    Total liabilities measured at
                         pada nilai wajar                            121,059                --            121,059                --                        fair value




                                                                                       122




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         PT BANK MEGA TBK                                                                                             PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                             (Continued)
         Untuk Tahun-tahun yang Berakhir                                                                                For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                                December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                                        (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                                  Unless Otherwise Stated)
                                                                          31 Desember/December 31, 2023
                                                                                        Nilai wajar/Fair value
                                                       Nilai tercatat/      Tingkat/           Tingkat/          Tingkat/
                                                      Carrying value        Level 1            Level 2           Level 3
                  Aset yang diukur pada nilai wajar                                                                              Assets measured at fair value
                   Efek-efek yang diukur
                     pada nilai wajar                                                                                                   Securities at fair value
                     melalui laba rugi                       2,156,712         2,156,712                   --               --        through profit and loss
                   Tagihan derivatif                            20,974                 --             20,974                --            Derivative receivable
                   Efek-efek yang diukur
                     pada nilai wajar                                                                                                  Securities at fair value
                     melalui penghasilan                                                                                                      through other
                     komprehensif lain                      35,467,876        35,467,876                   --               --       comprehensive income
                  Total aset yang diukur                                                                                               Total assets measured
                   pada nilai wajar                         37,645,562        37,624,588              20,974                --                   at fair value
                  Aset yang nilai wajarnya                                                                                          Assets for which fair value
                   diungkapkan                                                                                                                  are disclosed
                   Kredit yang diberikan                    63,988,300                 --         65,869,199          409,889                           Loans
                   Agunan yang diambil alih                  1,327,078                 --                  --       1,327,078               Foreclosed assets
                   Aset tetap                                5,994,863                 --                  --       5,994,863                    Fixed Assets
                  Total aset yang nilai                                                                                                  Total assets for which
                   wajarnya diungkapkan                     71,310,241                 --         65,869,199        7,731,830        fair value are disclosed
                  Liabilitas yang diukur                                                                                                Liabilities measured at
                    pada nilai wajar                                                                                                                 fair value
                    Liabilitas derivatif                         18,931                --             18,931                --             Derivative payable
                  Total liabilitas yang diukur                                                                                     Total liabilities measured at
                   pada nilai wajar                              18,931                --             18,931                --                        fair value



                 Nilai wajar dari tanah dan bangunan dihitung                                    Fair values of land and buildings are calculated
                 dengan        menggunakan        pendekatan                                     using the comparable market approach,
                 perbandingan pasar, pendekatan pendapatan,                                      income approach and cost approach.
                 dan pendekatan biaya yang dihasilkan oleh
                 aset.

                 Tidak terdapat perpindahan                    antar      tingkat                There were no transfer between level during
                 selama tahun berjalan.                                                          the year.


         45.     Manajemen Risiko Keuangan                                                  45. Financial Risk Management

         a.      Pendahuluan dan Gambaran Umum                                          a.       Introduction and Overviews
                 Bank menyadari bahwa dalam melaksanakan                                         The Bank realizes that in carrying out its
                 kegiatan usahanya, Bank selalu berhadapan                                       business activities, the Bank is always faced
                 dengan risiko yang melekat (inheren) pada                                       with inherent risks in financial instruments,
                 instrumen keuangan, yaitu Risiko Kredit, Risiko                                 namely Credit Risk, Liquidity Risk, Market Risk
                 Likuiditas, Risiko Pasar atas nilai tukar valuta                                on foreign exchange rates and interest rates,
                 asing dan tingkat suku bunga, Risiko                                            Operational Risk, and other risks.
                 Operasional, serta risiko lainnya.

                 Dalam rangka mengendalikan risiko tersebut,                                     In order to control these risks, the Bank has
                 Bank telah mengimplementasikan suatu                                            implemented a Basic Risk Management
                 Kerangka Dasar Manajemen Risiko (Risk                                           Framework which is outlined in the risk
                 Management Framework) yang tertuang dalam                                       management policy in accordance with
                 kebijakan manajemen risiko sesuai dengan                                        Financial Services Authority Regulation
                 Peraturan Otoritas Jasa Keuangan Nomor                                          Number 18/POJK.03/2016 and Financial
                 18/POJK.03/2016 dan Surat Edaran Otoritas                                       Services Authority Circular Letter Number
                 Jasa Keuangan Nomor 34/SEOJK/03/2016                                            34/SEOJK/03/2016         concerning       the
                 tentang Penerapan Manajemen Risiko Bagi                                         Implementation of Risk Management for
                 Bank Umum serta mengacu juga pada                                               Commercial Banks and also refers to internal
                 peraturan  internal  mengenai    kebijakan                                      regulations regarding risk management
                 manajemen risiko.                                                               policies.




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               PT BANK MEGA TBK                                                                    PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                    (Continued)
               Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                       December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                               (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                         Unless Otherwise Stated)

                        Bertolak dari ketentuan tersebut serta                 Starting from this regulated policy as well as
                        kebutuhan     internal  Bank,   Bank   telah           internal    requirement,   the     Bank    has
                        melaksanakan             mengimplementasikan           implemented risk management in accordance
                        penerapan manajemen risiko sesuai dengan               with the scope of their activities. In order to
                        cakupan aktivitasnya. Guna menyempurnakan              enhance      the    implementation    of   risk
                        pelaksanaan manajemen risiko, Bank selalu              management, the Bank always develops tools
                        mengembangkan tools dan/atau metodologi                and/or methodology that are used, evaluate
                        yang      digunakan,     mengevaluasi    dan           and correct any weakness in the process and
                        memperbaiki setiap kelemahan pada proses,              the development of human resources as the
                        maupun terhadap pengembangan sumber daya               key to the implementation of risk management.
                        manusia      sebagai    kunci   implementasi           It is important considering that risk factors
                        manajemen risiko. Hal ini penting dilakukan            inline with the the dynamic nature of the
                        mengingat faktor risiko yang memiliki sifat            development on the banking business practice
                        dinamis mengikuti perkembangan praktek                 itself.
                        bisnis perbankan itu sendiri.

                        Upaya perbaikan implementasi manajemen                 The effort of improving the implementation of
                        risiko tersebut difokuskan pada 5 (lima) hal           risk management is focused on 5 (five) main
                        utama,     yaitu    Identifikasi, Pengukuran,          points, namely Identification, Measurement,
                        Pengawasan, Pengendalian, dan Pelaporan.               Monitoring, Control, and Reporting.

                        Bank memiliki eksposur terhadap risiko-risiko          The Bank has exposure to the following risks
                        instrumen keuangan sebagai berikut:                    from financial instruments:
                        • Risiko Kredit                                        • Credit Risk
                        • Risiko Pasar                                         • Market Risk
                        • Risiko Likuiditas                                    • Liquidity Risk
                        • Risiko Operasional                                   • Operational Risk

                b.      Kerangka Manajemen Risiko                         b.   Risk Management Framework
                        Manajemen risiko dikelola oleh Direktorat              The Bank Risk Management is managed and
                        Risiko dan didukung oleh Satuan Kerja                  supported by the Risk Management Work Unit
                        Manajemen Risiko yang bertanggung jawab                which is directly responsible to the Vice
                        langsung kepada Wakil Direktur Utama Bidang            President Director (Support). The Bank's Risk
                        Support. Satuan Kerja Manajemen Risiko                 Management Work Unit consists of:
                        Bank, yaitu:
                        • Operational Risk Management                          • Operational Risk Management
                        • Credit Risk Management                               • Credit Risk Management
                        • Market, Liquidity, and Integrated Risk               • Market, Liquidity, and Integrated       Risk
                           Management                                            Management
                        • IT and Cyber Risk Management                         • IT and Cyber Risk Management

                        Dalam rangka penerapan manajemen risiko                In order to implement effective risk
                        yang efektif, Bank telah memiliki Komite               management, the Bank has a Risk
                        Manajemen Risiko yang berfungsi untuk                  Management Committee whose function is to
                        membahas permasalahan risiko yang dihadapi             discuss the overall risk problems faced by the
                        Bank        secara     keseluruhan    dan              Bank and recommend risk management
                        merekomendasikan kebijakan manajemen                   policies to the Board of Directors.
                        risiko kepada Direksi.

                        Bank telah membentuk komite-komite yang                The Bank’s has established committees which
                        membantu Dewan Komisaris dan Direksi dalam             are responsible to assist the Boards of
                        penerapan manajemen risiko, yaitu:                     Commissioners and Directors for managing the
                                                                               Bank’s risk management, these are:
                        • Komite Pemantau Risiko                               • Risk Oversight Committee
                        • Komite Audit                                         • Audit Committee
                        • Komite Remunerasi dan Nominasi                       • Remuneration and Nomination Committee

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         PT BANK MEGA TBK                                                                   PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                   (Continued)
         Untuk Tahun-tahun yang Berakhir                                                      For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                      December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                              (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                        Unless Otherwise Stated)

                 •   Komite Manajemen Risiko                          •   Risk Management Committee
                 •   Komite Manajemen Risiko Terintegrasi             •   Integrated Risk Management Committee
                 •   Komite Produk                                    •   Product Committee
                 •   Komite Kebijakan Perkreditan                     •   Credit Policy Committee
                 •   Komite Teknologi Informasi                       •   Information Technology Committee
                 •   Komite Aset dan Liabilitas (“ALCO”)              •   Asset and Liability Committee (“ALCO”)
                 •   Komite Sumber Daya Manusia                       •   Human Resources Committee
                 •   Komite Manajemen Krisis                          •   Crisis Management Committee

                 Komite-komite ini bertanggung jawab untuk            These committees are responsible for
                 mengembangkan dan memantau kebijakan                 developing and monitoring the Bank’s risk
                 manajemen risiko Bank pada masing-masing             management policy in their respective areas.
                 area. Komite-komite tersebut melaporkan              All committees report regularly to the Boards of
                 aktivitas mereka secara berkala kepada Dewan         Commissioners and Directors.
                 Komisaris dan Direksi.

                 Kebijakan manajemen risiko Bank dibentuk             The Bank’s risk management policies are
                 untuk mengidentifikasi dan menganalisis risiko-      established to identify and analyze the risks
                 risiko yang dihadapi Bank, untuk menentukan          faced by the Bank, to set appropriate risk limits
                 batasan dan pengendalian risiko yang sesuai          and controls, and to monitor risks and
                 dan untuk mengawasi risiko yang sesuai dan           adherence to limits. Risk management policies
                 kepatuhan terhadap batasan yang telah                and systems are reviewed regularly to reflect
                 ditetapkan. Kebijakan dan sistem manajemen           changes in market conditions, products and
                 risiko    dikaji    secara     berkala     untuk     services offered. The Bank, through its training
                 mencerminkan perubahan pada kondisi pasar,           and management standards and procedures,
                 produk dan jasa yang ditawarkan. Bank melalui        aims to develop a disciplined and constructive
                 pelatihan serta standar dan prosedur                 control environment, in which all employees
                 pengelolaan, berusaha untuk mengembangkan            understand their roles and obligations.
                 lingkungan pengendalian yang teratur dan
                 konstruktif,     dimana    seluruh     karyawan
                 memahami peran dan tanggung jawab mereka.

                 Bank menerapkan pengelolaan risiko yang              Effective risk management is adopted, hence,
                 efektif, dimana praktek-praktek yang sehat           the sound practices are embedded in the
                 melekat pada sistem utama dan proses bisnis          Bank’s core systems and business processes,
                 yang ada di Bank yang memungkinkan                   thus allowing self-management of risk by
                 pengelolaan manajemen risiko oleh masing-            respective business units, in which risk
                 masing satuan bisnis karena pengelolaan risiko       management is a responsibility of all
                 adalah tanggung jawab dari semua pegawai             employees at all levels in the organizational
                 pada semua level di organisasi. Bank juga            hierarchy. The Bank also adopts a strong and
                 menerapkan budaya kesadaran yang kuat dan            proactive risk awareness mindset, which is
                 proaktif atas risiko, yang merupakan dasar           fundamental in attaining consistent and
                 untuk mencapai manajemen risiko yang                 effective risk management.
                 konsisten dan efektif.

                 Unit Kerja Independen telah dibentuk untuk           Independent Working Units have been formed
                 melakukan      evaluasi,   pemantauan      dan       to facilitate independent evaluation, various
                 pelaporan berbagai risiko secara independen.         risks monitoring and reporting. These divisions
                 Unit kerja tersebut dirancang untuk berfungsi        are designed to function independently of the
                 secara independen dari unit bisnis (second line      business units (second line of defense).
                 of defense).

                 Unit Kerja Operational Risk Management, Unit         Operational Risk Management Unit, Credit
                 Kerja Credit Risk Management, Unit Kerja             Risk Management Unit, Market Liquidity and
                 Market    Liquidity  and    Integrated  Risk         Integrated Risk Management Unit, IT Unit and
                 Management, Unit Kerja IT and Cyber Risk             Cyber Risk Management, National Credit

                                                                125




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               PT BANK MEGA TBK                                                                      PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                      (Continued)
               Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                         December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                 (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                           Unless Otherwise Stated)

                        Management, Unit Kerja National Credit                 Review and Restructure Unit, National Credit
                        Review and Restructure, Unit Kerja National            Appraisal Unit, Compliance and Good
                        Credit Appraisal, Unit Kerja Compliance and            Corporate Governance Unit, Crime and Fraud
                        Good Corporate Governance, Unit Kerja Crime            Investigation, Anti Money Laundering Unit,
                        and Fraud Investigation, Unit Kerja Anti Money         Personal Data Protection Unit, Corporate Legal
                        Laundering, Unit kerja Personal Data                   Unit, Customer Experience and Customer
                        Protection, Unit Kerja Corporate Legal, Unit           Care Unit, Process Management and Internal
                        Kerja Customer Experience and Customer                 Control Unit (Branch Operations Control and
                        Care, Unit Kerja Process Management and                Head        Office      Operations      Control
                        Internal Control (sub unit Branch Operations           Sub         Unit) are in charge of identifying,
                        Control dan Head Office Operations Control)            assessing and monitoring all of the Bank’s
                        bertugas      untuk   melakukan      identifikasi,     main risks in accordance with well-defined risk
                        mengkaji dan mengawasi semua risiko utama              management policies and procedures. In
                        Bank sesuai dengan kebijakan dan prosedur              addition, there is internal and independent risk
                        manajemen risiko yang telah ditetapkan. Selain         control to ensure good governance, risk
                        itu, terdapat pengendalian risiko secara internal      management and internal control properly
                        dan independen untuk memastikan tata kelola,           (three line of defense) handled by Internal
                        manajemen risiko dan pengendalian internal             Audit Unit.
                        dengan baik (three line of defense) yaitu Unit
                        Kerja Internal Audit.

                        Beberapa kebijakan internal yang terkait               Several internal risk management policies
                        manajemen risiko yang ditinjau atau diterbitkan        which have been released or reviewed until
                        Bank sampai dengan 31 Desember 2024                    December 31, 2024 are as follows:
                        antara lain sebagai berikut:
                        • Kebijakan Manajemen Risiko                           •   Risk Management Policy
                        • Kebijakan Manajemen Risiko Stratejik                 •   Strategic Risk Management Policy
                        • Kebijakan Manajemen Risiko Hukum                     •   Legal Risk Management Policy
                        • Kebijakan Manajemen Risiko Reputasi                  •   Reputational Risk Management Policy
                        • Kebijakan Manajemen Risiko Kepatuhan                 •   Compliance Risk Management Policy
                        • Kebijakan Manajemen Risiko Kredit                    •   Credit Risk Management Policy
                        • Kebijakan Manajemen Risiko Pasar                     •   Market Risk Management Policy
                        • Kebijakan Manajemen Risiko Likuiditas                •   Liquidity Risk Management Policy
                        • Kebijakan Manajemen Risiko Operasional               •   Operational Risk Management Policy
                        • Kebijakan Manajemen Risiko Terintegrasi              •   Integrated Risk Management Policy
                        • Kebiajakan Manajemen Risiko TI dan Siber             •   IT and Cyber Risk Management Policy
                        • Manajemen Risiko Suku Bunga pada                     •   Interest Rate Risk in The Banking Book
                           Banking Book (Interest Rate Risk in The                 (IRRBB) Policy
                           Banking Book)
                        • Pedoman Pengukuran dan Pelaporan Risiko              • Guidelines for Measuring and Reporting
                           Suku Bunga dalam Banking Book (Interest               Interest Rates in the Banking Book (Interest
                           Rate Risk in The Banking Book)                        Rate Risk in The Banking Book)
                        • Komite Manajemen Risiko                              • Risk Management Committee
                        • Komite Manajemen Risiko Terintegrasi                 • Integrated Risk Management Committee
                        • Komite Kebijakan Perkreditan Bank Mega               • Credit Policy Committee of Bank Mega
                        • Ketentuan Pengelolaan Portofolio Kredit              • Credit Portfolio Management Regulations
                        • Penggunaan Peringkat Eksternal dan                   • The Use of External Ratings and Risk
                           Penetapan Bobot Risiko dalam Perhitungan              Weighting Determination in Credit RWA and
                           ATMR Kredit dan CKPN                                  Allowance       for   Impairment     Losses
                                                                                 Calculations
                        • Pedoman      Perhitungan    ATMR     Risiko          • Guidelines of Operational Risk RWA
                          Operasional    berdasarkan      Pendekatan             calculation based on the Standardize
                          Standar                                                Approach
                        • Kebijakan Stress Test                                • Guidelines of Stress Testing Policy
                        • Kebijakan Stress Test Terintegrasi                   • Integrated Stress Testing Policy


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         PT BANK MEGA TBK                                                               PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                               (Continued)
         Untuk Tahun-tahun yang Berakhir                                                  For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                  December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                          (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                    Unless Otherwise Stated)

                 • Pedoman Perhitungan Aktiva Tertimbang            • Guidelines of Market Risk Weighted Asset
                   Menurut Risiko (ATMR) Pasar                        (RWA)
                 • Pedoman penyusunan Profil Risiko                 • Guidelines for compilation of Risk Profile
                 • Kebijakan Kewajiban Penyediaan Modal             • Minimum Capital Adequacy Ratio (CAR)
                   Minimum (KPMM) sesuai Profil Risiko                Policy Based on Risk Profile
                 • Kebijakan Kewajiban Penyediaan Modal             • Integrated Minimum Capital Adequacy
                   Minimum Terintegrasi                               Ratio (CAR) Policy
                 • Pedoman      Penyusunan      Profil   Risiko     • Guidelines for Compilation of Integrated
                   Terintegrasi                                       Risk Profiles
                 • Kebijakan Batas Maksimum Pemberian               • Maximum Credit and Large Exposure
                   Kredit dan Penyediaan Dana Besar Bagi              Provision Policy for Commercial Banks
                   Bank Umum
                 • Kebijakan Rekonsiliasi Transaksi Intra-Grup      • Mega Corpora Intra-Group Transaction
                   Mega Corpora                                       Reconciliation Policy
                 • Limit Kredit Berdasarkan Sektor Ekonomi          • Loan Limits based on Economic Sectors
                   dan Mekanisme Pemantauan Sektor                    and      Economic      Sector    Monitoring
                   Ekonomi                                            Mechanism
                 • Pedoman Perhitungan Risiko Kredit pada           • Guidelines for Calculation of Credit Risk in
                   Transaksi     Derivatif   Dalam     Rangka         Derivative Transactions in the Context of
                   Perhitungan BMPK                                   Calculation of the maximum lending limit
                 • Kebijakan Risk Limit Bank Mega                   • Risk Limit Policy of Bank Mega
                 • Kebijakan Risk Limit Terintegrasi                • Integrated Risk Limit Policy
                 • Komite Kredit Bank Mega                          • Bank Mega Credit Committe
                 • Kebijakan Pagu Kredit dan Personal Loan          • Credit Card and Personal Loan Limit
                   Karyawan Bank Mega                                 Policyfor Bank Mega’s Employee
                 • Buku Pedoman Penetapan Cadangan                  • Financial Asset Impairment Policy
                   Kerugian Penurunan Nilai Aset Keuangan
                   Bank
                 • Kebijakan Komite Produk dan Proses               • Product Committee and Process of
                   Penerbitan Produk atau Aktivitas Baru              Publishing New Products or Activities Policy
                 • Pembentukan Tim Validasi Model dalam             • Establishment of Model Validation Team in
                   Satuan Kerja Manajemen Risiko                      Risk Management Work Unit
                 • Pedoman Kerja Market, Liquidity and              • Guidelines of Market, Liquidity and
                   Integrated Risk Management (MIRG)                  Integrated Risk Management (MIRG)
                 • Pedoman       Kerja     Operational    Risk      • Operational Risk Management (ORMG)
                   Management (ORMG)                                  Guideline
                 • Pedoman Kerja Credit Risk Management             • Guidelines of Credit Risk Management
                   (CRMG)                                             (CRMG)
                 • Ketentuan Risk Control Self Assessment           • Risk Control Self Assessment Guideline
                   (RCSA)                                             (RCSA)
                 • Penunjukkan Directorate Operational Risk         • Denotion of Directorate Operational Risk
                   Management (DORM)                                  Management (DORM)
                 • Kebijakan Rencana Pendanaan Darurat              • Contingency Funding Plan Policy
                   (Contingency Funding Plan)
                 • Kebijakan Business Continuity Management         • Business Continuity Management Policy
                 • Kebijakan     Rencana     Aksi    Pemulihan      • Recovery Plan Policy
                   (Recovery Plan)
                 • Kebijakan Valuasi Surat Berharga                 • Securities Valuation Policy
                 • Kebijakan Kewajiban Pemenuhan Rasio              • Liquidity Coverage Ratio Policy
                   Kecukupan Likuiditas (Liquidity Coverage
                   Ratio)
                 • Kebijakan Net Stable Funding Ratio (NSFR)        • Net Stable Funding Ratio Policy
                 • Kebijakan      Penetapan       Risk    Limit     • Policy for Setting Risk Limit Management in
                   Management Treasury                                Treasury


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               PT BANK MEGA TBK                                                                PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                (Continued)
               Untuk Tahun-tahun yang Berakhir                                                   For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                   December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                           (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                     Unless Otherwise Stated)

                        • Klasifikasi Tier Satuan Kerja Berdasarkan      • Business Units Tier Classification Based on
                          Aktivitas Bisnis                                 Business Activity
                        • Kebijakan Rencana Resolusi (Resolution         • Resolution Plan Policy
                          Plan)
                        • Penetapan Anggota Organisasi Business          • Establisment     of Business Continuity
                          Continuity Management (BCM)                      Management (BCM) Organization Members
                        • Pembuatan Dokumen Business Continuity          • Creating Business Continuity Plan (BCP)
                          Plan (BCP)                                       Document
                        • Sistem Peringatan Dini Indikator Eksternal     • External Indicator Early Warning System
                                                                           Monitoring
                        • Pemantauan Kewajaran Harga Pasar (Off-         • Fairness of Market Price Monitoring for
                          Market) Transaksi Forex                          Forex Transaction
                        • Penetapan     Risk    Limit   Management       • Determination of Treasury Management
                          Treasury                                         Risk Limit
                        • Pedoman Penyusunan Profil Maturitas            • Guidelines for Compilation a Behavioral
                          Behavioral                                       Maturity Profile
                        • Prosedur Marked-to-Market (MtM) Transaksi      • Marked to Market (MtM) Procedure for
                          Cross Currency Swap (CCS), Interest Rate         Cross Currency Swap (CCS), Interest Rate
                          Swap (IRS), dan Overnight Index Swap             Swap (IRS), and Overnight Index Swap
                          (OIS)                                            (OIS) Transaction
                        • i-Deb Checking untuk Fasilitas Kredit (Non     • i-Deb Checking for Non Credit Card Facility
                          Kartu Kredit)
                        • Prosedur i-Deb Checking                        • i-Deb Checking Procedure
                        • Penyelesaian    Kartu    Kredit   dan/atau     • Gradually Repayment of Credit Card and/or
                          Personal Loan Secara Bertahap                    Personal Loan
                        • Pra-Checklist Dokumen Kredit                   • Credit Document Pre-Checklist
                        • Buku Kebijakan Perkreditan Bank                • Bank Credit Policy Manual
                        • Perubahan Pertama Buku Kebijakan               • First Amendment of Bank Credit Policy
                          Perkreditan Bank                                 Manual
                        • Buku Pedoman Kredit Usaha Kecil                • Guideline for SME Credit
                          Menengah
                        • Buku Pedoman Kredit Komersial                  •   Guideline for Commercial Credit
                        • Buku Pedoman Kredit Indirect Channel           •   Guideline for Indirect Channel Credit
                        • Buku Pedoman Kredit Korporasi                  •   Guideline for Corporate Credit
                        • Perubahan     Pertama    Buku    Pedoman       •   First Amendment of Guideline for Corporate
                          Perkreditan Korporasi                              Credit

                        • Perubahan      Kedua     Buku    Pedoman       • Second Amendment of Guideline for
                          Perkreditan Korporasi                            Corporate Credit
                        • Perubahan Ketiga Buku Pedoman Kredit           • Third Amendment of Guideline for
                          Korporasi                                        Corporate Credit
                        • Buku Pedoman Kartu Kredit                      • Guideline for Credit Card
                        • Buku Pedoman Kartu Konsumer                    • Consumer Credit Guidelines Manual
                        • Perubahan Pertama Buku Pedoman Kredit          • First Amendment of Consumer Credit
                          Konsumer                                         Guidelines Manual
                        • Buku Pedoman Penilaian Agunan PT Bank          • PT Bank Mega Tbk’s Collateral Appraisal
                          Mega Tbk                                         Guideline
                        • Komite Restrukturisasi Kredit                  • Credit Restructure Committee
                        • Pedoman Kerja IT and Cyber Risk                • IT and Cyber Risk Management (ITCR)
                          Management (ITCR)                                Guideline
                        • Kebijakan Ketahanan dan Keamanan Siber         • Cyber Security and Resilience Policy
                        • Kebijakan Keamanan Informasi                   • Information Security Policy
                        • Kebijakan Clear Desk dan Clear Screen          • Clear Desk and Clear Screen Policy
                        • Kebijakan IT Risk Tools                        • IT Risk Tools Policy


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         PT BANK MEGA TBK                                                               PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                               (Continued)
         Untuk Tahun-tahun yang Berakhir                                                  For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                  December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                          (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                    Unless Otherwise Stated)

                 • Kebijakan Penilaian Tingkat Maturitas            • Digital Maturity Assessment for Bank Policy
                   Digital Bank
                 • Pemberian Kredit Pada Segmen Kredit              • Consumer Loan (Non Credit Card ) for
                   Konsumer Khusus Pegawai Bank Mega                  Bank Mega Employee
                   (Non Kartu Kredit)
                 • Ketentuan Pemberian Fasilitas Kredit             • Cash Collateral Loan Facility
                   dengan Agunan Tunai
                 • Ketentuan Pemberian Pinjaman dengan              • Time Deposit Collateral Loan Facility
                   Jaminan Deposito (PJD)
                 • Pemberian Fasilitas Kredit Back-to-Back          • Back to Back Credit Facility
                 • Prosedur      Pemberian    Fasilitas  Kredit     • Consumer Credit Facility
                   Konsumer
                 • Prosedur Pemberian Fasilitas Kredit UKM          • SME Credit Facility
                 • Fasilitas Trading Line dan Credit Line untuk     • Trading Line and Credit Line Facility for
                   Badan Usaha Non Bank                               Non Bank Institution
                 • Fasilitas Interbank                              • Interbank Facility
                 • Pemberian Kredit pada Segmen Komersial           • Commercial Credit Facility
                 • Pemberian Kredit/Kerja Sama Pembiayaan           • Credit Facility/Financing Cooperation of
                   pada Segmen Indirect Channel                       Indirect Channel Segment
                 • Pemberian Kredit pada Segmen Korporasi           • Corporate Credit Facility
                 • Kewenangan Pejabat di Bidang Perkreditan         • Official Authority in Credit Sector
                 • Hapus Buku dan Hapus Tagih Kredit                • Credit Write-off and Cut Loss
                 • Penggunaan Scorecard Bank                        • Bank Scorecard
                 • Komite Kredit Konsumer Khusus Fasilitas          • Consumer Credit Committee for Bank Mega
                   Kredit Pegawai Bank Mega                           Employee Credit Facility
                 • Penggunaan Scorecard Counterparty Non            • Scorecard for Non Bank Counterparty
                   Bank
                 • Persyaratan dan Proses Aplikasi Kartu            • Requirements and Application Process of
                   Kredit Konsumer                                    Consumer Credit Card
                 • Persyaratan dan Proses Aplikasi Kartu            • Requirements and Application Process of
                   Kredit Bisnis                                      Business Credit Card
                 • Persyaratan dan Proses Aplikasi Mega             • Requirements and Application Process of
                   Cash Line                                          Mega Cash Line
                 • Persyaratan dan Proses Fasilitas Kartu           • Requirements and Application Process of
                   Kredit Secured (Secured Card)                      Secured Credit Card
                 • Persetujuan Kartu Kredit Konsumer dan            • Approval of Consumer Credit Card and
                   Kartu Kredit Bisnis                                Business Credit Card
                 • Persetujuan Mega Cash Line                       • Approval of Mega Cash Line
                 • Account        Maintenance     dan      Data     • Credit Card or Personal Loan Account
                   Maintenance Kartu Kredit atau Personal             Maintenance and Data Maintenance
                   Loan
                 • Buku Pedoman Kartu Kredit                        • Guideline for Credit Card
                 • Persetujuan Proses Account Maintenance           • Approval of Credit Card or Personal
                   Kartu Kredit atau Personal Loan                    Account Maintenance
                 • Parameter Scoring Persetujuan Kartu Kredit       • Scoring Parameter of Consumer Credit
                   Konsumer                                           Card Approval
                 • Pemberian Fasilitas Kredit Back-to-Back          • Back-to-Back (BTB) Credit Facilities with
                   (BTB) dengan Agunan Deposito Devisa                Foreign Exchange Deposits from Natural
                   Hasil Ekspor Sumber Daya Alam (DHE                 Resources Exports Collateral (DHE SDA)
                   SDA)
                 • Kebijakan Restrukturisasi Kredit                 • Credit Restructurisation Policy
                 • Perlakuan Khusus Untuk Debitur di Daerah         • Special Treatment for Debtors in Certain
                   dan Sektor Tertentu di Indonesia yang              Regions and Sectors in Indonesia that
                   terkena Dampak Bencana                             Affected by Disaster.


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Page 513
               PT BANK MEGA TBK                                                                        PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                        (Continued)
               Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                           December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                   (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                             Unless Otherwise Stated)

                        • Kebijakan Pemantauan dan Mekanisme                       • Monitoring and Unflagging Mechanism for
                          Penghapusan          Tagging      Debitur                  Debtor of COVID-19 Restructurisation
                          Restrukturisasi Covid-19                                   Policy
                        • Penyelamatan dan Penyelesaian Kredit                     • Recovery and Resolution of Non-
                          Bermasalah (Non Kartu Kredit)                              Performing Loans (Non-Credit Card)
                        • Transaksi    Pembiayaan     Surat  Kredit                • Financing Transactions for Domestic
                          Berdokumen dalam Negeri (SKBDN) atau                       Documentary Credit (SKBN) or Usance
                          Letter of Credit (L/C) UPAS/UPAU pada                      Payable at Sight (UPAS)/Usance Payable
                          Bank Counterparty                                          at Usance (UPAU) Letters of Credit (L/C)
                                                                                     with Counterparty Banks
                        • Pencatatan dan Pelaporan Peristiwa Risiko                • Recording and Reporting Risk Event
                        • Kerangka       Kerja  Manajemen     Risiko               • Operational Risk Management Framework
                          Operasional
                        • Profil Risiko Cabang                                     • Branch Risk Profile
                        • Pedoman Penyusunan Profil Risiko Kantor                  • Guidelines for Compilation of Regional
                          Regional                                                   Office Risk Profile
                        • Operational Risk Online Test (OPRIST)                    • Operational Risk Online Test (OPRIST)
                        • Pembukuan dan Monitoring GL-Risiko                       • Bookkeeping        and   Monitoring   GL-
                          Operasional, GL-Kerugian Operasional &                     Operational Risk, GL-Operational Losses &
                          Pengembalian/Recovery             Kerugian                 Recovery of Operational Losses
                          Operasional

                        Sebagian besar kebijakan tersebut merupakan                The majority of the aforementioned policies are
                        hasil reviu dari kebijakan yang telah ada.                 the result of a review of existing policies. The
                        Upaya reviu dilakukan untuk menyempurnakan                 review was conducted with the intention of
                        kebijakan dikarenakan adanya perubahan dari                improving the policies due to changes in
                        peraturan Bank Indonesia dan Otoritas Jasa                 regulation from the Bank Indonesia and
                        Keuangan maupun perubahan pada kondisi                     Financial Services Authority regulations and
                        pasar maupun produk dan jasa yang                          change in market conditions or in products and
                        ditawarkan Bank.                                           services offered by the Bank.

                c.      Risiko Kredit                                         c.   Credit Risk
                        Secara umum, pelaksanaan manajemen risiko                  In general, the implementation of credit risk
                        kredit selama tahun 2024 difokuskan pada hal-              management in 2024 was focused on:
                        hal berikut:
                        • Peningkatkan kesadaran dan kompetensi                    • Increasing awareness and competencies of
                           sumber daya manusia dalam bidang                          human resources in lending and credit risk
                           perkreditan dan risiko kredit.                            aspect.
                        • Pengembangan          peran     Satuan    Kerja          • Developing the roles of Risk Management
                           Manajemen Risiko (SKMR).                                  unit.
                        • Implementasi          dan       pengembangan             • Implementation and developing Dashboard
                           Dashboard dan Pengaturan Parameter                        and Parameter Setting Dashboard for Credit
                           untuk kartu kredit dan personal loan                      Card and Personal Loan.
                        • Review       dan     penyesuaian      terhadap           • Review and Adjustment of Credit Card &
                           parameter akuisisi dan scoring kartu kredit               Personal Loan Acquisition Parameter and
                           dan personal loan.                                        scoring.
                        • Pembuatan dan pengembangan Rating                        • Development of Rating Scorecards for
                           Scorecard untuk Debitur segmen Korporasi,                 Debtors in the Corporate, Commercial and
                           Komersial, dan INCH Executing.                            INCH Executing segments.
                        • Monitoring dan validasi credit scoring untuk             • Monitoring and validation of Credit Score for
                           kartu kredit dan personal loan.                           Credit Card and Personal Loan.
                        • Pengembangan metodologi stress testing                   • Developing stress testing of credit portfolio
                           portofolio kredit terkait dengan risiko iklim.            regarding climate risk. The Bank has also
                           Bank juga telah melaporkan hasil Climate                  reported the results of Climate Risk Stress
                           Risk Stress Testing dengan cakupan 50%                    Testing with a coverage of 50% of the credit
                           portofolio kredit kepada regulator.                       portfolio to the regulator.

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         PT BANK MEGA TBK                                                                    PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                    (Continued)
         Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                       December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                               (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                         Unless Otherwise Stated)

                 • Meninjau kebijakan atas rencana penerbitan         • Review policy of establishment new
                   produk baru.                                         product.
                 • Peningkatan intensitas pengendalian dan            • Increased    intensity    of   control and
                   pengawasan indikator yang terkait dengan             monitoring of indicators related to efforts to
                   upaya perbaikan Profil Risiko Bank dalam             improve the Risk Profile of Banks within
                   Peningkatan Tingkat Kesehatan Bank.                  Risk-Based Bank Rating.
                 • Melakukan peninjauan terhadap kebijakan-           • Reviewing Bank Mega Credit Policy and its
                   kebijakan Bank terkait perkreditan dan               alignment with Bank’s business strategies.
                   kesesuaian dengan strategi bisnis Bank.
                 • Pembuatan stress test kredit untuk menguji         • Conduct credit stress to test the resilience
                   ketahanan modal Bank dalam kondisi                   of the Bank’s capital under stress
                   stress.                                              conditions.
                 • Pembuatan soft limit Batas Maksimum                • Formulation of soft limit for Legal Lending
                   Pemberian      Kredit    (BMPK)     beserta          Limit (BMPK) along with its regular
                   pemantauan dan pengkinian soft limit                 monitoring and updating.
                   tersebut secara berkala.

                 Prinsip yang diterapkan oleh Bank untuk              The principle by which the Bank conducts their
                 menjalankan aktivitas manajemen risiko kredit        credit risk management activities is governed
                 didasarkan pada kebijakan risiko kredit yang         by credit risk policy that incorporates Bank
                 mencakup     persyaratan      peraturan    Bank      Indonesia’s regulatory requirements, Financial
                 Indonesia, Otoritas Jasa Keuangan dan                Services Authority as well as internal policies.
                 kebijakan-kebijakan internal. Kebijakan internal     Internal policies are reviewed periodically in
                 direviu secara berkala agar sejalan dengan           accordance with changes in the regulatory
                 perkembangan terkini peraturan, lingkungan           requirements, business environment and
                 bisnis dan perubahan-perubahan yang terjadi          changes resulting from the Bank’s business
                 karena pertumbuhan bisnis Bank dan kondisi           growth and global economic condition
                 ekonomi global terutama rekomendasi Komite           especially      the      Basel      Committee
                 Basel.                                               recommendations.

                 Untuk     kredit   yang   diberikan,    Bank         For the loans, Bank uses the collateral to
                 menggunakan agunan untuk meminimalkan                minimize the credit risk. Loans in Bank are
                 risiko kredit. Berdasarkan klasifikasi, kredit       classified into two major category:
                 Bank dapat dibedakan menjadi dua kelompok
                 besar, yaitu:
                 1. Secured loans                                     1.    Secured loans
                 2. Unsecured loans                                   2.    Unsecured loans

                 Untuk secured loans, Bank menetapkan jenis           For secured loans, Bank determined the type
                 dan nilai agunan yang dijaminkan sesuai              and value of collateral according to the loan
                 skema kredit. Jenis dari agunan terdiri dari:        scheme. Types of collateral are as follows:
                 a. Physical collateral, antara lain tanah,           a. Physical collateral, such as land, buildings
                     bangunan dan BPKB kendaraan motor.                   and proof of vehicle ownership.
                 b. Cash collateral, antara lain simpanan             b. Cash collateral, such as deposits (time
                     (deposito berjangka), financial collateral           deposit) financial collateral (securities).
                     (surat berharga).
                 c. Lainnya, antara lain jaminan pemerintah,          c.    Others, such as guarantees, government
                     garansi dan lembaga penjamin.                          guarantees and guarantee institution.

                 Apabila terjadi default (gagal bayar), Bank akan     If a times of default, the Bank will use the
                 menggunakan agunan tersebut sebagai pilihan          collateral as a last resort to fulfill counterparty
                 terakhir    untuk      pemenuhan       kewajiban     obligations.
                 counterparty.




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               PT BANK MEGA TBK                                                                   PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                   (Continued)
               Untuk Tahun-tahun yang Berakhir                                                      For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                      December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                              (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                        Unless Otherwise Stated)

                        Unsecured loans terdiri dari fully unsecured          Unsecured loans consist of fully unsecured
                        loans dan partially secured loans seperti kredit      loans and partially secured loans such as
                        untuk karyawan golongan berpenghasilan tetap          loans for fixed income employees (especially
                        (khususnya      kredit    karyawan).     Dalam        for employee’s loan). In their obligations
                        pembayaran kewajibannya, partially secured            payment, partially secured loans are generally
                        loans umumnya dilakukan melalui pemotongan            made through automatic payroll deduction.
                        penghasilan secara otomatis.

                        Dengan demikian, meskipun kredit tersebut             Although it is included in the unsecured loans
                        termasuk dalam kategori unsecured loans               category, the risk level of partially secured
                        namun tingkat risiko dari partially secured loans     loans is lower than the carrying value. As for
                        tidak sebesar nilai tercatat kredit. Sedangkan        fully unsecured loan, the risk level is equal to
                        untuk fully unsecured loans, tingkat risiko           the carrying value. For Unsecured loans,
                        adalah sebesar nilai tercatat kredit. Untuk           banks have also used various Know Your
                        unsecured loan bank juga telah menggunakan            Customer (KYC) identification and validation
                        berbagai proses identifikasi dan validasi Know        processes as well as the use of scoring models
                        Your Customer (KYC) serta penggunaan                  to mitigate the credit risk of unsecured loan
                        scoring model untuk memitigasi risiko kredit          debtors.
                        debitur-debitur unsecured loan.

                        Pertumbuhan PDB Indonesia selama tahun                Indonesia's GDP growth during the year of
                        2024 mencapai 5,11% pada Triwulan I, 5,05%            2024 reached 5.11% in the 1st quarter, 5.05%
                        pada Triwulan II, dan 4,95% pada Triwulan III.        in the 2nd quarter, and 4.95% in the 3rd quarter.
                        Meskipun pertumbuhan ini terus menurun,               Although the growth continues to decline,
                        pertumbuhan ekonomi Indonesia              masih      Indonesia’s economic growth was still quite
                        tergolong cukup tinggi dan stabil pada 4 - 5%.        high and stable, remaining between 4 - 5%.

                        Berdasarkan data BPS posisi Kuartal 3 2024            According to BPS data for the 3rd quarter of
                        (YoY), tiga dari lima sektor dengan portofolio        2024 (YoY), three out of the five sectors with
                        kredit terbesar di Bank memiliki pertumbuhan          the largest credit portfolios in the Bank
                        PDB yang lebih tinggi dibanding pertumbuhan           experienced higher GDP growth compared to
                        PDB nasional. Sektor tersebut adalah                  the national GDP growth. These are
                        Pengangkutan dan Pergudangan (8,64%),                 Transportation and Warehousing (8.64%),
                        Informasi dan Komunikasi (6,86%), dan Bukan           Information and Communication (6.86%), and
                        Lapangan Usaha Lainnya (9,95%). Adapun                Non Industrial Origin Others (9.95%). The GDP
                        pertumbuhan PDB pada dua sektor lainnya,              growth in the two other sectors, namely Mining
                        yaitu Pertambangan dan Penggalian (3,46%)             and Quarrying (3.46%) and Processing
                        serta Industri Pengolahan (4,72%), meskipun           Industry (4.72%), although lower than the
                        lebih rendah dari pertumbuhan PDB nasional,           national GDP growth, both still shows positive
                        keduanya tetap tumbuh secara positif.                 growth.

                        Bank berupaya untuk terus meningkatkan                The Bank seeks to continue to increase credit
                        pertumbuhan kredit dengan memfokuskan                 growth by focusing on credit growth for large
                        pertumbuhan kredit kepada debitur-debitur             debtors, especially in the Corporate and
                        besar terutama di segmen Korporasi dan                Indirect Channel (Executing and Joint
                        segmen Indirect Channel (Executing dan Joint          Financing) segments, while continuing to
                        Financing), dengan tetap mengoptimalkan juga          optimize strategies in branches to increasing
                        strategi peningkatan kredit retail di cabang.         retail credit.

                        Selain itu, Bank juga tetap berupaya untuk            In addition, the Bank also continues to strive to
                        menjaga kualitas portofolio kredit agar tetap         maintain the quality of the credit portfolio so
                        berada di level risk appetite dan risk tolerance      that it remains at the level of the Bank's risk
                        Bank antara lain melalui:                             appetite and risk tolerance, among others
                                                                              through:




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         PT BANK MEGA TBK                                                                 PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                 (Continued)
         Untuk Tahun-tahun yang Berakhir                                                    For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                    December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                            (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                      Unless Otherwise Stated)

                 1. Melakukan proses akuisisi kredit yang             1. Conduct prudent credit acquisition to
                    prudent untuk memastikan kualitas kredit             ensure credit quality with a focus on strong
                    debitur dengan fokus pada debitur-debitur            backbone and good business prospect
                    yang memiliki backbone yang kuat dan                 debtors. Bank also implements several
                    memiliki prospek usaha yang baik. Bank               credit acquisition tools and parameters to
                    juga menerapkan berbagai macam tools                 obtain good quality debtors.
                    dan parameter akuisisi kredit untuk
                    memperoleh        debitur-debitur   yang
                    berkualitas baik.
                 2. Bank juga berupaya untuk melakukan                2. The Bank is also trying to increase its credit
                    peningkatan portofolio kredit di segmen              portfolio in retail segments such as SME,
                    retail seperti UKM, Konsumer, maupun                 Consumer and CCPL as an effort to reduce
                    CCPL sebagai upaya untuk mengelola                   the credit of the Bank's core debtors.
                    tingkat konsentrasi kredit.

                 Manajemen risiko kredit difokuskan pada              Credit risk management focused on the
                 persiapan infrastruktur untuk mendukung              preparation of infrastructures to support the
                 strategi bisnis Bank, yang mencakup aspek-           Bank’s strategic business, which covers the
                 aspek berikut:                                       following aspects:
                 • Pengawasan aktif Dewan Komisaris dan               • Active supervision of the Board of
                    Direksi.                                              Commissioners and Board of Directors.
                 • Kecukupan kebijakan, prosedur, dan                 • The adequacy of policies, procedures and
                    penetapan limit.                                      limits.
                 • Kecukupan dan kualitas sumber daya                 • The adequacy and quality of human
                    manusia.                                              resources.
                 • Kecukupan modal risiko kredit dengan               • The adequacy of credit risk capital with a
                    standardized approach.                                standardized approach.
                 • Kecukupan pencadangan atas portofolio              • The adequacy of productive assets
                    aset produktif yang dimiliki.                         impairment.
                 • Pengukuran risiko kredit terhadap risiko           • Measurement of credit risk to inherent risk
                    inheren dan sistem pengendalian risiko                and the risk control system in the form of a
                    berupa profil risiko kredit komposit.                 composite credit risk profile.
                 • Pengukuran tingkat risiko debitur dengan           • Measurement of the risk level of debtors by
                    menggunakan rating dan scoring.                       using rating and scoring.
                 • Pemantauan komposisi dan kondisi setiap            • Monitoring the composition and condition of
                    debitur atau counterparty pada seluruh                each debtor or counterparty in all bank
                    portofolio bank.                                      portfolios.
                 • Pemantauan eksposur risiko kredit secara           • Monitoring credit risk exposures regularly
                    berkala dan terus menerus serta membuat               and making reports related to the
                    laporan      terkait    perkembangan    dan           development and causes of credit risk
                    penyebab risiko kredit secara berkala ke              regularly to the Risk Management
                    Komite Manajemen Risiko dan Direksi.                  Committee and Directors.
                 • Batas wewenang pemutusan kredit.                   • Credit determination limits.
                 • Sistem       pengendalian      internal yang       • Comprehensive internal control system.
                    menyeluruh.

                 Bank sudah menerapkan pengukuran risiko              The Bank has implemented Basel II credit risk
                 kredit Basel II     dengan menggunakan               measurement using standardized approach.
                 pendekatan standar.

                 Di samping itu, Bank telah menerapkan PSAK           Moreover, Bank has implemented PSAK 109 in
                 109 dalam perhitungan Cadangan Kerugian              calculating Allowance for Impairment Losses
                 Penurunan Nilai (CKPN). Cadangan Kerugian            (Expected Credit Loss/ECL). Allowance for
                 Penurunan Nilai (CKPN) dihitung untuk                Impairment Losses (ECL) calculated for
                 instrumen keuangan yang tergolong dalam              financial instrument that were classified in
                 biaya perolehan yang diamortisasi (AC) serta         amortized cost (AC) and fair value through

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               PT BANK MEGA TBK                                                                  PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                  (Continued)
               Untuk Tahun-tahun yang Berakhir                                                     For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                     December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                             (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                       Unless Otherwise Stated)

                        nilai wajar melalui penghasilan komprehensif         other comprehensive income (FVOCI) such as
                        lain (FVOCI), diantaranya adalah penempatan          Interbank Placement, securities, loans, Bank
                        pada bank, efek-efek, kredit yang diberikan,         Guarantee, and trade finance product such as
                        bank garansi, serta produk-produk trade              letters of credit (L/C) and SKBDN.
                        finance seperti letters of credit (L/C) dan
                        SKBDN.
                        Metodologi perhitungan CKPN dikelompokkan            ECL Calculation methodology grouped into 2
                        ke dalam 2 (dua) kategori: Kolektif dan              categories, collective and individual. This
                        Individual. Metode penurunan nilai ini               method is used to calculate ECL for significant
                        digunakan untuk menghitung CKPN fasilitas            and non-significant loans. Minimum criteria that
                        kredit yang terkait dengan significant loan dan      describe significant and non significant loan
                        non-significant loan. Minimum kriteria yang          referred to Bank’s Financial Asset Impairment
                        termasuk dalam kategori significant loan dan         Policy.
                        non-significant loan mengacu kepada Pedoman
                        Penurunan Nilai Aset Keuangan Bank.
                        CKPN kolektif dihitung dengan menggunakan            Collective ECL is calculated by using some
                        beberapa parameter, yaitu Probability of             parameters which are Probability of Default
                        Default (PD), Loss Given Default (LGD), dan          (PD), Loss Given Default (LGD), and Exposure
                        Exposure at Default (EAD).                           at Default (EAD).
                        PD dihitung dengan pendekatan statistik yaitu        PD is calculated by using statistical approach
                        Migration Analysis untuk semua segmen                which is migration analysis to all segment to
                        dengan menentukan probabilitas migrasi antar-        determine migration probability per grade. For
                        grade. Khusus PD untuk produk treasury               treasury product PD, the values came from
                        nilainya didapat dari lembaga pemeringkat            rating agency. In PSAK 109, PD must consider
                        yang diakui oleh Regulator. Dalam PSAK 109,          forward-looking adjustment. The Calculation of
                        PD harus memperhitungkan forward-looking             PD after forward-looking is obtained by taking
                        adjustment. Perhitungan PD after forward-            into account macroeconomic factor that have
                        looking diperoleh dengan memperhitungkan             significant effect to PD after weighted through
                        faktor makroekonomi yang berpengaruh                 3 scenarios, base, best and worst scenario.
                        signifikan terhadap PD serta telah diboboti          The amount of forward-looking PD consists of
                        dengan 3 skenario yaitu base, best, dan worst        2 categories which are 12 months PD and
                        scenario. Nilai PD after forward-looking terdiri     lifetime PD, so that after forward-looking, PD
                        dari 2 jenis yaitu PD 12 bulan dan PD lifetime,      amount can be available until maturity date.
                        sehingga nilai PD after forward-looking              Minimum historical data to calculate PD for non
                        setidaknya tersedia hingga aset Bank jatuh           credit card is 5 years while minimum historical
                        tempo. Data history untuk perhitungan PD non-        data for credit card is 3 years.
                        kartu kredit adalah minimal 5 tahun sedangkan
                        untuk segmen kartu kredit minimal 3 tahun.
                        Bank harus mengakui LGD untuk setiap jenis           The Bank must consider LGD for each type of
                        jaminan/agunan dan dampak yang dihasilkan            collateral and effect that came from
                        dari perubahan ekonomi makro. Begitu juga            macroeconomics change. So with recovery
                        dengan recovery period dihitung sejak kredit         period is calculated since the loan is default.
                        default. Recovery Period untuk segmen kredit         Recovery period for non credit card segment is
                        non-kartu kredit adalah selama 5 tahun.              5 years, while for credit card segment is 3
                        Sedangkan untuk segmen kartu kredit adalah 3         years.
                        tahun.
                        EAD merupakan berapa exposure portofolio             EAD is the amount of portfolio exposure when
                        saat kredit mengalami default, ditambahkan           the credit default, added with unused facility
                        dengan kelonggaran tarik dan dikalikan dengan        multiple by Credit Convertion Factor (CCF).
                        Credit Convertion Factor (CCF). CCF untuk            CCF for loans that still have unused facility
                        kredit yang masih memilki kelonggaran tarik          calculated based on how much utilization from
                        dihitung berdasarkan besarnya utilisasi unused       loan at the time of default by using historical
                        dari kredit pada saat default dengan melihat         data.
                        data historis.

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         PT BANK MEGA TBK                                                                      PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                      (Continued)
         Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                         December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                 (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                           Unless Otherwise Stated)

                 Perhitungan CKPN Individual dilakukan dengan           Individual ECL is calculated in reference to
                 mengacu kepada prinsip akuntansi dan                   accounting principal and Bank’s policy, which
                 pedoman Bank, yaitu metode asset settlement            are asset settlement and discounted cash flow
                 dan discounted cash flow.                              methods.

                 Bank juga melakukan pengukuran dan                     The Bank also measures and reports
                 pelaporan secara periodik ke Otoritas Jasa             periodically to Financial Services Authority in
                 Keuangan dalam pengelolaan risiko kredit               terms of credit risk management based on the
                 berdasarkan parameter risiko kredit pada               credit risk parameters of Assessment of Bank
                 Penilaian Tingkat Kesehatan Bank (PTKB)                Soundness Level (PTKB) using Risk-based
                 dengan menggunakan pendekatan risiko (Risk-            Bank Rating (RBBR) which consist of 2 (two)
                 based Bank Rating/RBBR) yang terdiri dari 2            categories:
                 (dua) bagian, yaitu:
                 1. Risiko Inheren                                      1. Inherent Risks
                     • Komposisi portofolio aset dan tingkat               • Asset portfolio compositions and level
                        konsentrasi kredit.                                   of credit concentration.
                     • Kualitas      penyediaan   dana    dan              • Funding procurement quality and
                        kecukupan pencadangan.                                provision adequacy.
                     • Strategi penyediaan dana dan sumber                 • Funding procurement strategy and
                        timbulnya penyediaan dana.                            resources.
                     • Faktor eksternal.                                   • External factors.
                 2. Kualitas Penerapan Manajemen Risiko                 2. Credit Risk Management Implementation
                     Kredit                                                Quality
                     • Tata kelola risiko kredit.                          • Credit risk governance.
                     • Kerangka manajemen risiko kredit.                   • Credit risk management frameworks.
                     • Proses manajemen risiko kredit, sistem              • Credit risk management process,
                        informasi, dan sumber daya manusia.                   information    system,    and human
                                                                              resources.
                       • Sistem pengendalian risiko kredit.                • Credit risk control system.

                 i.    Eksposur Maksimum terhadap Risiko                i.    Maximum Exposure to Credit Risk
                       Kredit
                       Untuk aset keuangan yang diakui pada                   For financial assets recognized in the
                       laporan      posisi keuangan,    eksposur              statement of financial position, the
                       maksimum atas risiko kredit setara dengan              maximum exposure to credit risk is
                       nilai tercatatnya.                                     equivalent to its carrying value.

                       Dalam penerbitan bank garansi dan letters              For guarantees and irrevocable letters of
                       of credit yang tidak dapat dibatalkan,                 credit issued, the maximum exposure to
                       eksposur maksimum atas risiko kredit                   credit risk is the maximum amount that the
                       adalah nilai maksimum yang harus                       Bank would have to pay if the obligations
                       dibayarkan oleh Bank dalam hal timbul                  of the guarantees and irrevocable letters of
                       kewajiban atas penerbitan bank garansi                 credit issued are called upon. For credit
                       dan letters of credit yang tidak dapat                 commitments, the maximum exposure to
                       dibatalkan.   Untuk    komitmen      kredit,           credit risk is the full amount of the undrawn
                       eksposur maksimum atas risiko kredit                   committed credit facilities granted to
                       adalah sebesar jumlah fasilitas yang belum             customers.
                       ditarik dari fasilitas kredit yang telah
                       disepakati (committed) yang diberikan
                       kepada nasabah.




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               PT BANK MEGA TBK                                                                                              PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                              (Continued)
               Untuk Tahun-tahun yang Berakhir                                                                                 For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                                 December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                         (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                                   Unless Otherwise Stated)

                              Tabel    berikut    menyajikan eksposur                                       The following table presents the Bank’s
                              maksimum risiko kredit Bank atas                                              maximum exposure to credit risk of its
                              instrumen keuangan pada laporan posisi                                        financial instruments on the statements of
                              keuangan dan rekening administratif tanpa                                     financial position and administrative
                              memperhitungkan agunan kredit atau                                            accounts without taking into account of any
                              jaminan kredit lainnya.                                                       collateral     held   or     other    credit
                                                                                                            enhancement.

                                                                                2024                        2023
                              Uraian                                                                                                                        Description
                              Posisi keuangan :                                                                                                     Financial position :
                              Giro pada Bank Indonesia                                                                                      Current accounts with Bank
                                 (Catatan 5)                                      7,525,245                     6,822,433                             Indonesia (Note 5)
                              Giro pada bank lain                                                                                           Current accounts with other
                                 (Catatan 6)                                         955,392                      645,876                                 banks (Note 6)
                              Penempatan pada Bank                                                                                                Placements with Bank
                              Indonesia dan bank lain                                                                                        Indonesia and other banks
                                 (Catatan 7)                                        831,826                     3,356,000                                        (Note 7)
                              Efek-efek (Catatan 8)                              49,503,610                    37,624,588                             Securities (Note 8)
                              Efek-efek yang dibeli dengan                                                                                  Securities purchased under
                                 janji dijual kembali (Catatan 9)                 1,389,981                     7,215,441                   agreement to resell (Note 9)
                              Tagihan derivatif (Catatan 10)                         48,734                        20,974               Derivative receivables (Note 10)
                              Kredit yang diberikan
                                 (Catatan 11)                                    64,645,281                    66,292,896                             Loans (Note 11)
                              Tagihan akseptasi (Catatan 12)                          9,234                             --             Acceptance receivable (Note 12)
                              Aset lain-lain *)                                   1,599,780                     1,525,993                              Other assets *)
                              Rekening administratif :                                                                                     Administrative accounts :
                              Bank garansi                                           421,466                      363,724                            Bank guarantees
                              Surat Kredit Berjangka Dalam Negeri                    244,463                            --             Domestic Usance Letter of Credit
                              L/C tidak dapat dibatalkan                                                                                  Outstanding irrevocable L/C
                                yang masih berjalan                                 461,401                       2,056                                      issued
                              Total                                             127,636,413                 123,869,981                                          Total

                              *) Termasuk di dalam aset lain-lain merupakan bunga yang masih akan diterima, setoran jaminan, piutang sewa,
                                  tagihan penjualan surat berharga dan aset yang diblokir/
                                 Included in other assets are accrued interest receivables, guarantee deposits, lease receivables,
                                  receivables from sales of marketable securities and restricted assets


                        ii.   Analisis Risiko Konsentrasi Kredit                                     ii.    Concentration of Credit Risk Analysis
                              Tabel di bawah ini menunjukkan eksposur                                       The table below shows the net maximum
                              maksimum            bersih         (setelah                                   exposure (after considering collateral) to
                              memperhitungkan agunan) atas risiko                                           credit risk of securities purchased under
                              kredit untuk efek-efek yang dibeli dengan                                     agreement to resell as of December 31,
                              janji   dijual   kembali    pada    tanggal                                   2024 and 2023:
                              31 Desember 2024 dan 2023:
                                                                     Eksposur
                                                                    Maksimum/                                        Eksposur
                                                                    Maximum                   Agunan/                  - Neto/
                                                                    Exposure                 Collateral            Net Exposure

                              2024                                                                                                                                      2024
                              Efek-efek yang dibeli dengan                                                                                        Securities purchased under
                                janji dijual kembali                     1,389,981                 1,392,385                      --                   agreement to resell


                              Risiko konsentrasi kredit dapat terjadi bila                                  Concentrations of credit risk arise when a
                              sejumlah nasabah bergerak di bidang                                           number of customers are engaged in
                              usaha yang sejenis, atau memiliki kegiatan                                    similar business activities or activities
                              usaha berada di dalam wilayah geografis                                       within the same geographic region, or
                              yang sama, atau memiliki karakteristik                                        when they have similar characteristics that
                              yang serupa yang dapat menyebabkan                                            would cause their ability to meet
                              kemampuan nasabah untuk memenuhi                                              contractual obligations to be similarly
                              kewajiban atas perjanjian kredit sama-                                        affected by changes in economic or other
                              sama     terpengaruh     oleh   perubahan                                     conditions.
                              ekonomi ataupun kondisi lainnya.

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         PT BANK MEGA TBK                                                                PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                (Continued)
         Untuk Tahun-tahun yang Berakhir                                                   For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                   December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                           (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                     Unless Otherwise Stated)

                       Bank mendorong adanya diversifikasi              The Bank encourages the diversification of
                       portofolio kreditnya pada berbagai wilayah       its credit portfolio among a variety of
                       geografis, industri dan produk kredit            geographical area, industries, and credit
                       sebagai upaya untuk meminimalisasi risiko        product in order to minimize concentrated
                       konsentrasi kredit. Bank sudah memiliki          credit risk. The Bank already has a lending
                       limit pembiayaan dan alat pengukuran limit       limit based on economic sectors for all
                       pembiayaan berdasarkan sektor ekonomi            credit segments. In addition, the Bank also
                       untuk seluruh segmen kredit. Selain itu,         maintains credit concentration on core
                       Bank juga menjaga konsentrasi kredit             debtors so that it is in line with the risk
                       terhadap debitur inti agar sejalan dengan        appetite and risk tolerance that have been
                       risk appetite dan risk tolerance yang telah      stated in the risk limit policy.
                       ditetapkan dalam kebijakan risk limit.




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                                    PT BANK MEGA TBK                                                                                                                                                                                                                       PT BANK MEGA TBK
                                    CATATAN ATAS LAPORAN KEUANGAN                                                                                                                                                                                        NOTES TO THE FINANCIAL STATEMENTS
                                    (Lanjutan)                                                                                                                                                                                                                                       (Continued)
                                    Untuk Tahun-tahun yang Berakhir                                                                                                                                                                                                          For the Years Ended
                                    Pada Tanggal 31 Desember 2024 dan 2023                                                                                                                                                                                          December 31, 2024 and 2023




LK_AR Bank MEGA 2024_INA.indd 149
                                    (Disajikan dalam Jutaan Rupiah,                                                                                                                                                                                                  (Expressed in Million Rupiah,
                                    Kecuali Dinyatakan Lain)                                                                                                                                                                                                            Unless Otherwise Stated)

                                            Konsentrasi risiko kredit berdasarkan jenis debitur:                                                                                                           Credit risk concentration by counterparties:

                                                                                                                                                                               31 Desember/December 31, 2024
                                                                            Giro pada
                                                                               Bank                 Penempatan
                                                                            Indonesia                pada Bank
                                                                             dan bank                Indonesia                                      Efek-efek yang
                                                                               lain/                  dan bank                                      dibeli dengan
                                                                              Current                   lain/                                         janji dijual
                                                                             accounts               Placements                                         kembali/                                                                                               Komitmen dan
                                                                            with Bank                with Bank                                        Securities                Tagihan                 Tagihan              Kredit         Aset lain-         kontinjensi/
                                                                            Indonesia                Indonesia                                     purchase under               derivatif/             akseptasi/             yang           lain *)/         Commitments
                                                                            and other                and other                Efek-efek/              agreement                Derivative             Acceptance           diberikan/        Other                 and            Jumlah/
                                                                              banks                    banks                  Securities               to resell               receivable              receivable            Loans          assets *)         contingencies        Total

                                             Korporasi                                     --                       --                     5,214                     --                       --                  9,234        43,373,720          173,879           1,090,265       44,652,312     Corporate
                                             Pemerintah                                                                                                                                                                                                                                           Government
                                               dan Bank                                                                                                                                                                                                                                           and Bank
                                               Indonesia                           7,525,245                 831,826               49,299,564                        --                      --                       --        2,810,690           945,394                  --      61,412,719   Indonesia
                                             Bank                                    955,392                       --                 198,832                1,389,981                  47,618                        --          161,081            62,810                  --       2,815,714        Banks
                                             Ritel                                         --                      --                       --                       --                  1,116                        --       18,299,790           417,697             37,065       18,755,668        Retail
                                             Total                                 8,480,637                 831,826               49,503,610                1,389,981                  48,734                    9,234        64,645,281         1,599,780          1,127,330      127,636,413         Total


                                             *) Termasuk di dalam aset lain-lain merupakan bunga yang masih akan diterima, setoran jaminan, piutang sewa, tagihan penjualan surat berharga dan aset yang diblokir/
                                                Included in other assets are accrued interest receivables, guarantee deposits, lease receivables, receivables from sales of marketable securities and restricted assets


                                                                                                                                                                               31 Desember/December 31, 2023
                                                                            Giro pada
                                                                               Bank                 Penempatan
                                                                            Indonesia                pada Bank
                                                                             dan bank                Indonesia                                      Efek-efek yang
                                                                               lain/                  dan bank                                      dibeli dengan
                                                                              Current                   lain/                                         janji dijual
                                                                             accounts               Placements                                         kembali/                                                                                               Komitmen dan
                                                                            with Bank                with Bank                                        Securities                Tagihan                 Tagihan              Kredit         Aset lain-         kontinjensi/
                                                                            Indonesia                Indonesia                                     purchase under               derivatif/             akseptasi/             yang           lain *)/         Commitments
                                                                            and other                and other                Efek-efek/              agreement                Derivative             Acceptance           diberikan/        Other                 and            Jumlah/
                                                                              banks                    banks                  Securities               to resell               receivable              receivable            Loans          assets *)         contingencies        Total

                                             Korporasi                                     --                       --                     5,226                     --                       --                      --       44,225,509          220,985            325,825        44,777,545     Corporate
                                             Pemerintah                                                                                                                                                                                                                                           Government
                                               dan Bank                                                                                                                                                                                                                                           and Bank
                                               Indonesia                           6,822,433                2,349,657              37,407,536                1,898,866                       --                       --        2,113,127           765,708                 --       51,357,327   Indonesia
                                             Bank                                    645,876                1,006,343                 211,826                5,316,575                  18,550                        --           82,542           216,167                 --        7,497,879        Banks
                                             Ritel                                         --                       --                      --                       --                  2,424                        --       19,871,718           323,133            39,955        20,237,230        Retail
                                             Total                                 7,468,309                3,356,000              37,624,588                7,215,441                  20,974                        --       66,292,896         1,525,993           365,780       123,869,981         Total


                                             *) Termasuk di dalam aset lain-lain merupakan bunga yang masih akan diterima, setoran jaminan, piutang sewa, tagihan penjualan surat berharga, dan aset yang diblokir/
                                                Included in other assets are accrued interest receivables, guarantee deposits, lease receivables, receivables from sales of marketable securities, and restricted assets




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05/03/25 02.22
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         PT BANK MEGA TBK                                                                                             PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                             (Continued)
         Untuk Tahun-tahun yang Berakhir                                                                                For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                                December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                                        (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                                  Unless Otherwise Stated)

                 iii. Informasi mengenai aset keuangan yang                                      iii. Information about impaired                         and        not
                      mengalami penurunan nilai dan tidak                                             impaired financial assets
                      mengalami penurunan nilai

                       Efek-efek                                                                          Securities

                                                                          31 Desember/December 31, 2024
                                                              Tidak mengalami      Mengalami
                                                              penurunan nilai/   penurunan nilai/      Jumlah/
                                                                Not Impaired        Impaired            Total

                       Obligasi korporasi                                  204,046                  --               204,046                           Corporate bonds
                       Sekuritas Rupiah Bank Indonesia                  10,283,667                  --            10,283,667          Bank Indonesia Rupiah Securities
                       Obligasi Republik Indonesia                          93,975                  --                93,975               Republic of Indonesia bonds
                       Obligasi Pemerintah Indonesia                    38,604,750                  --            38,604,750             Indonesian government bonds
                       Obligasi Ritel Indonesia                            317,172                  --               317,172                   Indonesian Retail bonds
                       Total                                            49,503,610                  --            49,503,610                                      Total


                                                                          31 Desember/December 31, 2023
                                                              Tidak mengalami      Mengalami
                                                              penurunan nilai/   penurunan nilai/      Jumlah/
                                                                Not Impaired        Impaired            Total
                       Obligasi korporasi                                  217,052                   --              217,052                           Corporate bonds
                       Sekuritas Rupiah Bank Indonesia                   4,938,409                   --            4,938,409          Bank Indonesia Rupiah Securities
                       Obligasi Republik Indonesia                         212,910                   --              212,910               Republic of Indonesia bonds
                       Obligasi Pemerintah Indonesia                    31,957,968                   --           31,957,968             Indonesian government bonds
                       Obligasi Ritel Indonesia                            298,249                   --              298,249                   Indonesian Retail bonds
                       Total                                            37,624,588                   --           37,624,588                                      Total


                       Kredit yang diberikan                                                              Loans
                       Pada tanggal 31 Desember 2024 dan                                                  As of December 31, 2024 and 2023, these
                       2023, aset keuangan ini mengalami                                                  financial assets are impaired either
                       penurunan nilai secara individual maupun                                           individually or collectively.
                       kolektif.

                       Ikhtisar kredit yang diberikan pada tanggal                                        Loans as of December 31, 2024 and 2023,
                       31 Desember 2024 dan 2023 adalah                                                   are summarized as follows:
                       sebagai berikut:

                                                                              31 Desember/December 31, 2024
                                                                                 Mengalami penurunan nilai/
                                                     Tidak mengalami                      Impaired
                                                     penurunan nilai/         Individual/           Kolektif/            Jumlah/
                                                       Not impaired            Individual          Collective             Total

                       Korporasi                            45,842,805                341,605                    --            46,184,410                      Corporate
                       Komersial                             2,215,068                296,209               40,605              2,551,882                   Commercial
                       Usaha Kecil                               5,397                      --                 817                  6,214              Small Enterprises
                       Konsumsi                                212,355                 26,247                9,588                248,190                     Consumer
                       Pembiayaan bersama                    8,733,318                      --             227,672              8,960,990                Joint Financing
                       Kartu Kredit                          6,556,152                      --             146,814              6,702,966                    Credit Card
                       Total                                63,565,095                664,061              425,496             64,654,652                           Total

                       Pendapatan
                        bunga yang
                        ditangguhkan                           (9,371)                      --                   --               (9,371)      Unearned interest income
                       Cadangan kerugian                                                                                                                  Allowance for
                        penurunan nilai                      (362,957)               (152,744)            (149,176)             (664,877)          impairment losses
                       Neto                                 63,192,767                 511,317              276,320            63,980,404                            Net




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               PT BANK MEGA TBK                                                                                                                       PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                                                        NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                                                       (Continued)
               Untuk Tahun-tahun yang Berakhir                                                                                                          For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                                                          December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                                                  (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                                                            Unless Otherwise Stated)

                                                                                                 31 Desember/December 31, 2023
                                                                                                    Mengalami penurunan nilai/
                                                                     Tidak mengalami                         Impaired
                                                                     penurunan nilai/            Individual/           Kolektif/                             Jumlah/
                                                                       Not impaired               Individual          Collective                              Total

                             Korporasi                                      46,012,954                      325,681                          --                  46,338,635                               Corporate
                             Komersial                                       2,475,458                      255,465                     32,677                    2,763,600                            Commercial
                             Usaha Kecil                                        14,645                            --                     1,778                       16,423                       Small Enterprises
                             Konsumsi                                          285,979                       19,734                      5,945                      311,658                              Consumer
                             Pembiayaan bersama                             10,275,589                            --                   253,770                   10,529,359                         Joint Financing
                             Kartu Kredit                                    6,197,914                            --                   147,130                    6,345,044                             Credit Card
                             Total                                          65,262,539                      600,880                    441,300                   66,304,719                                    Total

                             Pendapatan
                              bunga yang
                              ditangguhkan                                     (11,823)                            --                          --                    (11,823)              Unearned interest income
                             Cadangan kerugian                                                                                                                                                        Allowance for
                              penurunan nilai                                (341,290)                    (190,991)                    (72,535)                   (604,816)                    impairment losses
                             Neto                                           64,909,426                      409,889                    368,765                   65,688,080                                      Net



                             Mutasi cadangan kerugian penurunan nilai                                                                Movement of allowance for impairment
                             berdasarkan jenis kredit yang diberikan                                                                 losses by type of loans as of December
                             pada tanggal 31 Desember 2024 dan 2023:                                                                 31, 2024 and 2023:
                                                                                              Tahun yang Berakhir pada tanggal 31 Desember 2024/
                                                                                                         Year Ended December 31, 2024
                                                                                                                                     Pembiayaan
                                                                                              Usaha Kecil/                            Bersama/
                                                        Korporasi/          Komersial/           Small            Konsumsi/             Joint            Kartu Kredit/          Jumlah/
                                                        Corporate          Commercial         Enterprises         Consumer            Financing          Credit Card             Total

                             Saldo per                                                                                                                                                                        Balance as at
                              31 Desember 2023                254,970              22,551              3,773               1,042            126,092               196,388            604,816          December 31, 2021
                             Penambahan (pemulihan)                                                                                                                                                    Additional (reversal)
                              penyisihan selama tahun                                                                                                                                                    provision during
                              berjalan (Catatan 11)           (17,251)             62,394             (6,814)              5,871             82,696                91,292            218,188           the year (Note 11)
                             Penerimaan kembali                                                                                                                                                               Recoveries of
                              kredit yang telah                                                                                                                                                                 previously
                              dihapusbukukan                          --            2,236              3,691                294                     --            255,861            262,082             written-off loans
                             Penghapusbukuan                                                                                                                                                                Write-off during
                              selama tahun berjalan                   --           (2,541)              (240)               (34)            (88,105)            (329,955)          (420,875)                       the year
                             Selisih penjabaran                                                                                                                                                           Foreign exchange
                              kurs                                   664                 2                 --                  --                   --                    --               666                 differences
                             Saldo per                                                                                                                                                                        Balance as at
                              31 Desember 2024                238,383              84,642                410               7,173            120,683               213,586            664,877          December 31, 2023



                             Cadangan kerugian                                                                                                                                                               Allowance for
                              penurunan nilai                                                                                                                                                          impairment losses
                              Individu                        171,604              59,587                  --              3,139                  --                    --           234,330                   Individual
                              Kolektif                         66,779              25,055                410               4,034            120,683               213,586            430,547                   collective

                             Total                            238,383              84,642                410               7,173            120,683               213,586            664,877                           Total




                                                                                              Tahun yang Berakhir pada tanggal 31 Desember 2023/
                                                                                                         Year Ended December 31, 2023
                                                                                                                                     Pembiayaan
                                                                                              Usaha Kecil/                            Bersama/
                                                        Korporasi/          Komersial/           Small            Konsumsi/             Joint            Kartu Kredit/         Jumlah/
                                                        Corporate          Commercial         Enterprises         Consumer            Financing          Credit Card            Total
                             Saldo per                                                                                                                                                                       Balance as at
                              31 Desember 2022                220,811              28,407              1,691              2,118             93,040               225,963            572,030          December 31, 2021
                             Penambahan (pemulihan)                                                                                                                                                   Additional (reversal)
                              penyisihan selama tahun                                                                                                                                                   provision during
                              berjalan (Catatan 11)            34,321             (13,525)            (4,295)            (2,851)            98,424                79,746            191,820           the year (Note 11)
                             Penerimaan kembali                                                                                                                                                              Recoveries of
                              kredit yang telah                                                                                                                                                                previously
                              dihapusbukukan                          --            8,907              7,099              2,112                    78            293,067            311,263             written-off loans
                             Penghapusbukuan                                                                                                                                                               Write-off during
                              selama tahun berjalan                   --           (1,238)             (722)               (337)           (65,450)            (402,388)          (470,135)                       the year
                             Selisih penjabaran                                                                                                                                                          Foreign exchange
                              kurs                               (162)                   --                --                 --                    --                   --              (162)                differences
                             Saldo per                                                                                                                                                                       Balance as at
                              31 Desember 2023                254,970              22,551              3,773              1,042            126,092               196,388            604,816          December 31, 2023

                             Cadangan kerugian                                                                                                                                                              Allowance for
                              penurunan nilai                                                                                                                                                         impairment losses
                              Individu                        182,229               8,059                703                  --                 --                    --           190,991                   Individual
                              Kolektif                         72,741              14,492              3,070              1,042            126,092               196,388            413,825                   collective
                             Total                            254,970              22,551              3,773              1,042            126,092               196,388            604,816                          Total




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         PT BANK MEGA TBK                                                                                                                  PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                                                   NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                                                  (Continued)
         Untuk Tahun-tahun yang Berakhir                                                                                                     For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                                                     December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                                                             (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                                                       Unless Otherwise Stated)


                 iv. Tabel di bawah menunjukkan kualitas aset                                                        iv. The table below shows quality of financial
                     keuangan yang belum jatuh tempo dan                                                                 assets that are neither past due nor
                     tidak mengalami penurunan nilai (sebelum                                                            impaired (gross of unearned interest
                     pendapatan bunga yang ditangguhkan dan                                                              income and allowance for impairment
                     cadangan kerugian penurunan nilai):                                                                 losses):

                                                                                               31 Desember/December 31, 2024
                                                                                             Jatuh tempo
                                                                                               dan tidak
                                                                     Belum jatuh              mengalami
                                                                      tempo dan               penurunan
                                                                  tidak mengalami                nilai/          Mengalami
                                                                   penurunan nilai/            Past-due          penurunan
                                                                  neither past due              but not              nilai/                     Jumlah/
                                                                     nor impaired              Impaired           Impaired                       Total

                       Nilai wajar melalui                                                                                                                                           Fair value through
                         laba rugi                                                                                                                                                        profit or loss
                         Efek-efek (Catatan 8)                              3,556,651                        --                      --              3,556,651                      Securities (Note 8)
                         Tagihan derivatif                                                                                                                                       Derivative receivables
                           (Catatan 10)                                        48,734                        --                      --                  48,734                             (Note 10)
                       Diukur pada nilai wajar
                         melalui penghasilan                                                                                                                                   Fair value through other
                         komprehensif lain                                                                                                                                    comprehensive income
                         Efek-efek (Catatan 8)                             45,946,959                        --                      --             45,946,959                      Securities (Note 8)
                       Biaya perolehan
                         yang diamortisasi                                                                                                                                               Amortized cost
                         Giro pada Bank Indonesia                                                                                                                                 Current accounts with
                           (Catatan 5)                                      7,525,245                        --                      --              7,525,245               Bank Indonesia (Note 5)
                         Giro pada bank lain                                                                                                                                           Current accounts
                           (Catatan 6)                                        955,392                        --                      --                955,392              with other banks (Note 6)
                         Penempatan pada Bank                                                                                                                                    Placements with Bank
                           Indonesia dan bank lain                                                                                                                        Indonesia and other banks
                           (Catatan 7)                                        831,826                        --                      --                831,826                               (Note 7)
                         Efek-efek yang dibeli
                           dengan janji dijual                                                                                                                              Securites purchased under
                           kembali (Catatan 9)                              1,389,981                        --                      --              1,389,981           agreement to resell (Note 9)
                         Kredit yang diberikan
                           (Catatan 11):                                                                                                                                             Loans (Note 11):
                           Korporasi                                      44,972,604                  870,201                  341,605              46,184,410                             Corporate
                           Komersil                                        2,139,473                   75,595                  336,814               2,551,882                          Commercial
                           Usaha Kecil                                         3,661                    1,736                      817                   6,214                     Small Enterprises
                           Konsumsi                                          202,892                    9,463                   35,835                 248,190                            Consumer
                           Pembiayaan bersama                              7,296,287                1,437,031                  227,672               8,960,990                       Joint Financing
                           Kartu Kredit                                    6,307,622                  248,530                  146,814               6,702,966                           Credit Card
                         Aset lain-lain*)                                  1,535,004                   64,776                        --              1,599,780                          Other assets*)
                       Total                                             122,712,331                2,707,332                1,089,557             126,509,220                                     Total


                       *) Termasuk di dalam aset lain-lain merupakan bunga yang masih akan diterima, setoran jaminan, piutang sewa, tagihan penjualan surat berharga dan aset yang diblokir/
                          Included in other assets are accrued interest receivables, guarantee deposits, lease receivables, receivables from sales of marketable securities and restricted assets




                                                                                                    141




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               PT BANK MEGA TBK                                                                                                                   PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                                                    NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                                                   (Continued)
               Untuk Tahun-tahun yang Berakhir                                                                                                      For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                                                      December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                                              (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                                                        Unless Otherwise Stated)

                                                                                                     31 Desember/December 31, 2023
                                                                                                   Jatuh tempo
                                                                                                     dan tidak
                                                                           Belum jatuh              mengalami
                                                                            tempo dan               penurunan
                                                                        tidak mengalami                nilai/          Mengalami
                                                                         penurunan nilai/            Past-due          penurunan
                                                                        neither past due              but not              nilai/                     Jumlah/
                                                                           nor impaired              Impaired           Impaired                       Total

                             Nilai wajar melalui                                                                                                                                           Fair value through
                               laba rugi                                                                                                                                                        profit or loss
                               Efek-efek (Catatan 8)                              2,156,712                        --                      --              2,156,712                      Securities (Note 8)
                               Tagihan derivatif                                                                                                                                       Derivative receivables
                                 (Catatan 10)                                        20,974                        --                      --                  20,974                             (Note 10)
                             Diukur pada nilai wajar
                               melalui penghasilan                                                                                                                                   Fair value through other
                               komprehensif lain                                                                                                                                    comprehensive income
                               Efek-efek (Catatan 8)                             35,467,876                        --                      --             35,467,876                      Securities (Note 8)
                             Biaya perolehan
                               yang diamortisasi                                                                                                                                               Amortized cost
                               Giro pada Bank Indonesia                                                                                                                                 Current accounts with
                                 (Catatan 5)                                      6,822,433                        --                      --              6,822,433               Bank Indonesia (Note 5)
                               Giro pada bank lain                                                                                                                                           Current accounts
                                 (Catatan 6)                                        645,876                        --                      --                645,876              with other banks (Note 6)
                               Penempatan pada Bank                                                                                                                                    Placements with Bank
                                 Indonesia dan bank lain                                                                                                                        Indonesia and other banks
                                 (Catatan 7)                                      3,356,000                        --                      --              3,356,000                               (Note 7)
                               Efek-efek yang dibeli
                                 dengan janji dijual                                                                                                                              Securites purchased under
                                 kembali (Catatan 9)                              7,215,441                        --                      --              7,215,441           agreement to resell (Note 9)
                               Kredit yang diberikan
                                 (Catatan 11):                                                                                                                                             Loans (Note 11):
                                 Korporasi                                      44,610,861                1,402,093                  325,681              46,338,635                             Corporate
                                 Komersil                                        2,298,041                  177,417                  288,142               2,763,600                          Commercial
                                 Usaha Kecil                                         9,146                    5,499                    1,778                  16,423                     Small Enterprises
                                 Konsumsi                                          277,112                    8,867                   25,679                 311,658                            Consumer
                                 Pembiayaan bersama                              9,061,341                1,214,248                  253,770              10,529,359                       Joint Financing
                                 Kartu Kredit                                    5,985,736                  212,178                  147,130               6,345,044                           Credit Card
                               Aset lain-lain*)                                  1,416,718                  109,275                        --              1,525,993                          Other assets*)
                             Total                                             119,344,267                3,129,577                1,042,180             123,516,024                                     Total


                             *) Termasuk di dalam aset lain-lain merupakan bunga yang masih akan diterima, setoran jaminan, piutang sewa, tagihan penjualan surat berharga dan aset yang diblokir/
                                Included in other assets are accrued interest receivables, guarantee deposits, lease receivables, receivables from sales of marketable securities and restricted assets



                        v.   Analisis umur kredit yang jatuh tempo                                                         v.     The aging analysis of past due but not
                             tetapi tidak mengalami penurunan nilai                                                               impaired loans as of December 31, 2024
                             pada tanggal 31 Desember 2024 dan 2023                                                               and 2023 are as follows:
                             adalah sebagai berikut:

                                                                                                 31 Desember/December 31, 2024
                                                                     Kurang dari
                                                                       30 hari/                 31 sampai                   61 sampai
                                                                      Less than                   60 hari/                    90 hari/                    Jumlah/
                                                                       30 days                 31 to 60 days               61 to 90 days                   Total

                              Korporasi                                        870.201                           --                         --                    870.201                        Corporate
                              Komersial                                         55.042                       6.373                     14.180                      75.595                     Commercial
                              Usaha Kecil                                          432                         131                      1.173                       1.736                Small Enterprises
                              Konsumsi                                           3.899                       4.139                      1.425                       9.463                       Consumer
                              Pembiayaan bersama                               328.164                     252.631                    856.236                   1.437.031                  Joint Financing
                              Kartu Kredit                                     248.530                           --                         --                    248.530                      Credit Card
                              Total                                          1.506.268                     263.274                    873.014                   2.642.556                            Total




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         PT BANK MEGA TBK                                                                              PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                              (Continued)
         Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                 December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                         (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                   Unless Otherwise Stated)

                                                             31 Desember/December 31, 2023
                                            Kurang dari
                                              30 hari/        31 sampai            61 sampai
                                             Less than          60 hari/             90 hari/        Jumlah/
                                              30 days        31 to 60 days        61 to 90 days       Total
                       Korporasi                 1,382,466            19,627                    --      1,402,093             Corporate
                       Komersial                   155,662            14,382                7,373         177,417          Commercial
                       Usaha Kecil                   1,098             1,063                3,338           5,499     Small Enterprises
                       Konsumsi                      4,798             2,435                1,634           8,867            Consumer
                       Pembiayaan bersama          364,963           244,462              604,823       1,214,248       Joint Financing
                       Kartu Kredit                212,178                 --                   --        212,178           Credit Card
                       Total                     2,121,165           281,969              617,168       3,020,302                 Total


                       Konsentrasi   kredit  yang     diberikan                        The concentration of loans by type of loans
                       berdasarkan jenis kredit dan sektor                             and economic sector is disclosed in
                       ekonomi diungkapkan pada Catatan 11.                            Note 11.

         d.      Risiko Pasar                                                d.   Market Risk
                 Risiko pasar adalah risiko perubahan harga                       Market risk is the risk that changes in market
                 pasar, seperti tingkat suku bunga, nilai tukar                   prices, such as interest rates, foreign
                 mata uang asing, dan credit spreads (tidak                       exchange rates and credit spreads (not relating
                 berhubungan dengan peringkat kredit pemberi                      to changes in the obligor’s/issuer’s credit
                 kredit) akan mempengaruhi pendapatan Bank                        standing) will affect the Bank’s income or the
                 atau nilai instrumen keuangan yang dimiliki.                     value of its holdings of financial instruments.
                 Tujuan pengelolaan risiko pasar adalah untuk                     The objective of market risk management is to
                 mengelola dan mengendalikan eksposur risiko                      manage and control market risk exposures
                 pasar dalam batasan parameter yang dapat                         within acceptable parameters, while optimizing
                 diterima dengan mengoptimalkan tingkat                           the return of risk.
                 pengembalian.

                 Dalam pengelolaan risiko, Bank menggunakan                       In the control of risk, the Bank is using internal
                 kertas kerja internal dan sistem dalam                           working papers, tools and systems to monitor
                 melakukan proses pengawasan pergerakan                           market indicator movements. The tools and
                 pasar. Berbagai perangkat dan sistem                             systems enable the Bank to identify, measure,
                 membuat      Bank      dapat   mengidentifikasi,                 and monitor sensitivity of market risks on
                 mengukur dan mengawasi sensitivitas risiko                       exchange rates and interest rates, both for
                 pasar untuk nilai tukar dan suku bunga, baik                     trading book and banking book portfolios.
                 untuk portofolio trading book dan banking book,                  Hence, risks that might arise can be mitigated
                 sehingga risiko yang mungkin muncul dapat                        and does not significantly affect the Bank’s
                 dimitigasi dan tidak mempengaruhi permodalan                     capital.
                 Bank secara signifikan.

                 Pengukuran Risiko Pasar tersebut, meliputi:                      The Measurement of Market Risk includes:
                 1. Pengukuran Risiko Pasar nilai tukar pada                      1. Measurement of Market Risk on the
                    trading book dan banking book melalui                            exchange rate in the trading book and
                    perhitungan Posisi Devisa Neto (PDN) dan                         banking book through the calculation of the
                    Pengukuran Risiko Pasar nilai tukar dan                          Net     Open     Position     (NOP)      and
                    suku bunga pada trading book dihitung                            Measurement of Market Risk Exchange
                    dengan        perhitungan       Kewajiban                        rates and interest rates in the trading book
                    Penyediaan Modal Minimum (KPMM)                                  are calculated by calculating the Minimum
                    menggunakan Metode Standar secara                                Capital Adequacy Ratio (KPMM) using the
                    bulanan;                                                         Standard Method on a monthly basis;
                 2. Pengukuran Risiko Pasar suku bunga pada                       2. Measurement of market interest rate risk in
                    banking book dengan menggunakan                                  the banking book by using the IRRBB
                    Perhitungan IRRBB (Interest Rate Risk In                         (Interest Rate Risk in Banking Book)
                    Banking Book) yang sesuai dengan SEOJK                           calculation in accordance with SEOJK
                    No.12/SEOJK.03/2018 tentang Penerapan                            No.12/SEOJK.03/2018 concerning the
                    Manajemen Risiko dan Pengukuran Risiko                           Implementation of Risk Management and
                    Pendekatan Standar untuk Risiko Suku                             Risk Measurement in a Standard

                                                                     143




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Page 527
               PT BANK MEGA TBK                                                                     PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                     (Continued)
               Untuk Tahun-tahun yang Berakhir                                                        For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                        December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                          Unless Otherwise Stated)

                             Bunga dalam Banking Book bagi Bank                    Approach to Interest Rate Risk in the
                             Umum. Risiko Suku Bunga dilihat                       Banking Book for Commercial Banks.
                             berdasarkan perspektif yaitu Economic                 Interest Rate Risk is seen based on the
                             Value dan Earnings (NII);                             perspective of Economic Value, and
                                                                                   Earnings (NII);
                        3. Pengukuran dan pelaporan secara periodik             3. Measurement and Reporting periodically to
                           ke Regulator dalam pengelolaan risiko                   Regulator in market risk management
                           pasar yang mengacu kepada SEOJK                         which refer to SEOJK No.14/SEOJK.03/
                           No.14/SEOJK.03/2017 tentang Penilaian                   2017 about Risk Based Bank Rating;
                           Tingkat Kesehatan Bank (PTKB);

                        4. Pengukuran Potensi Keuntungan atau                   4. Measurement Potential Profit or Loss
                           Kerugian   (Valuasi)  Portofolio  Surat                 (Valuation) portfolio of securities based on
                           Berharga berdasarkan harga pasar sesuai                 market price accordance with PSAK 68.
                           dengan PSAK 68.

                             i.     Risiko nilai tukar                              i.   Foreign exchange risk
                                    Bank memiliki eksposur nilai tukar                   The Bank is exposed to foreign
                                    akibat adanya transaksi dalam mata                   exchange currency risk through
                                    uang asing dan volatilitas yang melekat              transactions in foreign currencies and
                                    pada opsi nilai tukar.                               implied    volatilities  on     foreign
                                                                                         exchange options.
                                    Posisi Devisa Neto (PDN) Bank                        The Bank’s Net Open Position (NOP)
                                    dihitung berdasarkan Peraturan Bank                  was calculated based on Bank
                                    Indonesia yang berlaku. Sesuai                       Indonesia’s prevailing regulations. In
                                    dengan     peraturan,  Bank    harus                 accordance with the regulations, the
                                    memenuhi ketentuan PDN keseluruhan                   Banks are required to maintain its
                                    (termasuk Domestic Non Deliverable                   aggregate and statements of financial
                                    Forward/DNDF) dan untuk laporan                      position NOP (include Domestic Non
                                    posisi keuangan setinggi-tingginya                   Deliverable Forward/DNDF) at the
                                    20% dari jumlah modal.                               maximum 20% of its capital.

                                    Posisi Devisa Neto (PDN) Bank dapat                  The Bank’s Net Open Position (NOP)
                                    dilihat pada Catatan 49k.                            can be seen in Note 49k.

                                    Bank     telah  memiliki Aplikasi                    The   Bank    has    Market  Risk
                                    Manajemen Risiko Pasar untuk                         Management Application to support
                                    mendukung proses Manajemen Risiko                    the implementation of Market Risk
                                    Pasar dalam rangka pengelolaan                       Management process in order to
                                    Risiko Pasar.                                        manage market risk.

                                    Proses pengendalian Risiko Pasar                     Market Risk limit as a part of risk
                                    melalui penetapan dan kaji ulang limit               controlling process is set and
                                    Risiko Pasar dilakukan secara periodik.              reviewed periodically. The Market
                                    Limit-limit tersebut meliputi:                       Risk limits are as follows:
                                    a. Limit Risiko Pasar pada trading                   a. Market Risk limits on trading book
                                       book
                                        i. Limit Nominal Transaksi                          i. Transaction Nominal Limit
                                        ii. Limit Nominal Open Position                     ii. Open Position Nominal Limit
                                        iii. Limit Counterparty                             iii. Counterparty Limit
                                    b. Limit Risiko Pasar Nilai Tukar                    b. The Market Risk limits for
                                                                                              exchange rate:
                                    Limit Posisi Devisa Neto (PDN)                       Net Open Position (PDN) include
                                    termasuk DNDF terhadap modal                         DNDF Limit on capital of 5% for risk
                                    sebesar 5% untuk risk appetite dan                   appetite and 10% for risk tolerance.
                                    10% untuk risk tolerance.

                                                                          144




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Page 528
         PT BANK MEGA TBK                                                                               PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                               (Continued)
         Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                  December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                          (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                    Unless Otherwise Stated)

                            Sensitivitas risiko pasar digunakan                                Sensitivity of market risk is used to
                            untuk menunjukkan seberapa besar                                   indicate how much capital needed to
                            modal yang dibutuhkan untuk meng-                                  cover the potential loss of market risk
                            cover potential loss risiko pasar yang                             that may occur. It is done to measure
                            mungkin terjadi. Analisis sensitivitas                             and monitor exhange rate and interest
                            risiko pasar yang dilakukan untuk                                  rate on trading book portfolio. It
                            mengukur dan mengawasi nilai tukar                                 consists of:
                            dan suku bunga pada portofolio trading
                            book.     Sensitivitas   risiko  pasar
                            mencakup:

                            Excess modal Bank                                                  The Bank’s excess capital
                            Perhitungan excess modal Bank                                      The calculation of the Bank’s excess
                            dilakukan dengan menghitung modal                                  capital is conducted by calculating the
                            bank secara total dan menguranginya                                Bank’s total capital and reduce with
                            dengan 13,50% dari total aset                                      13.50% of the total risk weighted
                            tertimbang menurut riskio (ATMR)                                   assets (RWA) (Credit + Market +
                            (Kredit + Pasar + Operasional). Excess                             Operational). This excess capital is
                            modal ini yang kemudian dibagi                                     then divided by the respective market
                            terhadap masing-masing risiko pasar                                exchange risk and interest rate risk to
                            nilai tukar dan suku bunga untuk                                   measure the Bank’s capital-coverage-
                            melihat berapa besar kemampuan                                     ability       (exclude      regulatory
                            coverage modal Bank (diluar regulatory                             requirement) in the event of loss of
                            requirement) apabila terjadi kerugian                              the amount to the risk that has been
                            sebesar risiko yang telah dihitung.                                calculated.

                            Tabel dibawah ini menunjukkan excess                               The table below shows the Bank's
                            modal Bank (tidak diaudit):                                        excess capital (unaudited):

                                                                             13,50%*Total
                                                     Total Modal/               ATMR/             Excess Modal/
                                                     Total Capital        13.50%*Total RWA        Excess Capital

                             2024 - Desember                20,668,092            10,825,575                9,842,517   2024 - December


                            Sensitivitas Risiko Pasar Nilai Tukar                              Sensitivity of Market Risk in Interest
                                                                                               Rate
                            Sensitivitas risiko nilai tukar dihitung                           Sensitivity of exchange rate risk is
                            dengan menggunakan rasio excess                                    calculated using the Bank’s excess
                            modal Bank terhadap risiko nilai tukar                             capital ratio against exchange rate
                            melalui PDN Bank.                                                  risk through NOP Bank.

                            Tabel dibawah ini menunjukkan                                      The table below shows the Bank's
                            sensitivitas risiko pasar nilai tukar Bank                         sensitivity of market risk in exhange
                            (tidak diaudit):                                                   rate (unaudited):

                                                                                                 Sensitivitas Risiko
                                                       Excess                                       Nilai Tukar/
                                                       Modal/                                      Sensitivity of
                                                       Excess                  PDN/               Market Risk in
                                                       Capital                 NOP                Exchange Rate

                             2024 - Desember                 9,842,517                70,404                   10,560   2024 - December


                            Simulasi penguatan dan pelemahan                                   The simulation of strengthening and
                            nilai tukar USD/IDR sebesar 100bps                                 weakening USD/IDR exchange rate
                            pada posisi 31 Desember 2024 adalah                                by 100bps at December 31, 2024 is
                            sebagai berikut (tidak diaudit):                                   as follows (unaudited):

                                                                         145




LK_AR Bank MEGA 2024_INA.indd 156                                                                                                         05/03/25 02.22
Page 529
               PT BANK MEGA TBK                                                                                   PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                   (Continued)
               Untuk Tahun-tahun yang Berakhir                                                                      For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                      December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                              (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                        Unless Otherwise Stated)


                                                                           Periode Akhir Bulan Desember 2024/
                                                                              End of December 2024 Period
                                                                                      Kurs USD/IDR

                                    Total PDN                             16,095         16.095 + 100bps         16.095 - 100bps             Total NOP
                                    Rupiah Indonesia IDR                  70,404                  70,841                  69,966   IDR Indonesia Rupiah


                             ii.    Risiko Tingkat Suku Bunga                                      ii. Interest Rate Risk
                                    Risiko suku bunga adalah risiko yang                               Interest rate risk is the risk that arises in
                                    timbul pada posisi keuangan (neraca                                financial position (balance sheet and
                                    dan rekening administratif) akibat dari                            administrative account) as a result of
                                    perubahan suku bunga. Risiko suku                                  changes in interest rates. This interest
                                    bunga ini meliputi repricing risk                                  rate risk includes repricing risk
                                    (repricing mismatch antara komponen                                (repricing mismatch between asset and
                                    aset dan liabilitas), basis risk                                   liability components), basis risk (use of
                                    (penggunaan suku bunga acuan yang                                  different reference interest rates), yield
                                    berbeda), yield curve risk (perubahan                              curve risk (changes in shape and slope
                                    bentuk dan slope yield curve) dan                                  yield curve) and option risk (repayment
                                    option risk (pelunasan kredit atau                                 of credit or disbursement of deposits
                                    pencairan deposito sebelum jatuh                                   before due date).
                                    waktu).

                                    Sensitivitas Risiko Pasar Suku Bunga                                Sensitivity of Market Risk in Interest
                                                                                                        Rate
                                    Sensitivitas risiko suku bunga pada                                 Sensitivity of interest rate risk in trading
                                    trading book yang dihitung dengan                                   book is calculated using the Bank’s
                                    menggunakan rasio excess modal                                      excess capital ratio against interest rate
                                    Bank terhadap risiko suku bunga                                     risk (general and specific).
                                    (umum dan spesifik).

                                    Tabel di bawah ini menunjukkan                                      The table below shows the Bank's
                                    sensitivitas risiko pasar suku bunga                                sensitivity of market risk in interest rate
                                    Bank (tidak diaudit):                                               (unaudited):

                                                                        Periode Akhir Bulan Desember 2024/
                                                                       End of Month December 2024 Period
                                                                                                       Sensitivitas Risiko
                                                                                                          Suku Bunga/
                                                           Excess Modal/        Risiko Suku Bunga/    Sensitivity of Market
                                                           Excess Capital        Interest Rate Risk   Risk in Interest Rate

                              2024 - Desember                      9,842,517                  663,328                       15        2024 - December


                                    Sensitivitas risiko suku bunga pada                                 Sensitivity of interest rate risk in
                                    banking        book     menggunakan                                 banking book using IRRBB approach
                                    pendekatan IRRBB (Interest Rate Risk                                (Interest Rate Risk in Banking Book)
                                    in Banking Book) yang mengacu                                       which       refers     to     SEOJK
                                    kepada SEOJK No.12/SEOJK.03/2018                                    No.12/SEOJK.03/2018 concerning the
                                    tentang Penerapan Manajemen Risiko                                  Implementation of Risk Management
                                    dan Pengukuran Risiko Pendekatan                                    and Risk Measurement Standard
                                    Standar untuk Risiko Suku Bunga                                     Approach to Interest Rate Risk in the
                                    dalam Banking Book bagi Bank Umum.                                  Banking Book for Commercial Banks.




                                                                                   146




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Page 530
         PT BANK MEGA TBK                                                                 PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                 (Continued)
         Untuk Tahun-tahun yang Berakhir                                                    For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                    December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                            (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                      Unless Otherwise Stated)

                            Berdasarkan regulasi Otoritas Jasa              Based on the Financial Services
                            Keuangan tersebut, Bank menerapkan              Authority Regulations, the Bank applies
                            6 (enam) jenis skenario shock suku              6 (six) types of interest rate shock
                            bunga untuk perhitungan kerugian                scenarios to calculate maximum loss
                            maksimum dari Nilai Ekonomi dari                from Economic Values of Equity (EVE)
                            Ekuitas (Economic Value of Equity atau          to capital Tier-1 on IRRBB, namely
                            EVE) terhadap modal Tier-1 pada                 Parallel Up, Parallel Down, Steepener,
                            IRRBB, yaitu Parallel Up, Parallel              Flattener, Short Rates Up, and Short
                            Down, Steepener, Flattener, Short               Rates Down. As for the calculation
                            Rates Up, dan Short Rates Down.                 maximum loss of Net Interest Income
                            Sedangkan untuk perhitungan kerugian            (NII) to projection income on IRRBB
                            maksimum Pendapatan Bunga Neto                  uses 2 (two) shock scenarios, namely
                            (Net Interest Income atau NII) terhadap         Parallel Up and Parallel Down. In each
                            target laba pada IRRBB menggunakan              calculation, both changes in ∆EVE to
                            2 (dua) skenario shock, yaitu Parallel          capital Tier-1 as well as ∆NII to
                            Up dan Parallel Down. Pada masing-              projection income, the scenario used as
                            masing perhitungan, baik ∆EVE                   the maximum loss value is the scenario
                            terhadap modal Tier-1 maupun ∆NII               that provides the highest loss. The
                            terhadap target laba, skenario yang             IRRBB Exposure based on ∆NII to
                            digunakan sebagai nilai kerugian                Profit Target 21.55% for the position as
                            maksimum adalah skenario yang                   of December 31, 2024. The ratio of
                            memberikan nilai kerugian tertinggi.            ∆NII is within the Bank's threshold of
                            Eksposur IRRBB berdasarkan ∆NII                 20% ≤ x < 25% of Profit Target or is in
                            terhadap Target Laba 21,55% untuk               the Moderate risk category. IRRBB
                            posisi 31 Desember 2024. Tingkat                exposure based on ∆EVE to Capital is
                            rasio ∆NII tersebut berada didalam              27.14% for the position as of December
                            threshold Bank 20% ≤ x < 25% dari               31, 2024. The ∆EVE ratio is above the
                            Target Laba atau berada pada                    Bank's threshold of >20% of Tier-1
                            peringkat risiko Moderate. Sedangkan            capital or is in the High risk rating,
                            eksposur IRRBB berdasarkan ∆EVE                 which indicates that the structure of
                            terhadap Modal 27,14% untuk posisi              assets and liabilities Banks are
                            31 Desember 2024. Tingkat rasio                 sensitive to changes in market interest
                            ∆EVE tersebut berada pada threshold             rates.
                            Bank >20% dari modal Tier-1 atau
                            berada pada peringkat risiko High,
                            menunjukkan bahwa struktur aset dan
                            liabilitas  Bank    sensitif   terhadap
                            perubahan suku bunga pasar.

                            Tabel berikut ini menyajikan portofolio         The table below summarizes the
                            banking book pada nilai tercatatnya             banking book portfolios at their carrying
                            (sebelum       cadangan       kerugian          amounts      (before     allowance     for
                            penurunan nilai), yang dikategorikan            impairment losses), categorized by the
                            berdasarkan mana yang lebih awal                earlier of which repricing or contractual
                            antara tanggal repricing atau tanggal           maturity dates:
                            jatuh tempo kontraktual:




                                                                  147




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Page 531
               PT BANK MEGA TBK                                                                                                               PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                                                NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                                               (Continued)
               Untuk Tahun-tahun yang Berakhir                                                                                                  For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                                                  December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                                          (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                                                    Unless Otherwise Stated)
                                                                                                        31 Desember/December 31, 2024
                                                                          Instrumen bunga variabel/                                      Instrumen bunga tetap/
                                                                           Floating rate instruments                                      Fixed rate instruments
                                                                       Kurang dari             3 bulan-          Kurang dari          3 bulan-                               Lebih dari
                                                                         3 bulan/              1 tahun/            3 bulan/           1 tahun/                                2 tahun/
                                                       Jumlah/          Less than             3 months-           Less than         3 months-              1-2 tahun/        More than
                                                        Total           3 months                1 year            3 months             1 year              1-2 years          2 years

                                    Penempatan pada                                                                                                                                               Placements with
                                      Bank Indonesia                                                                                                                                             Bank Indonesia
                                      dan bank lain         831,826                 --                   --             831,826                    --                  --                --      and other banks
                                    Efek-efek            45,946,959                 --                   --             638,182           10,250,640             638,762        34,419,375               Securities
                                    Efek-efek yang
                                      dibeli dengan                                                                                                                                            Securities purchased
                                      janji dijual                                                                                                                                              under agreement
                                      kembali             1,389,981                 --                   --           1,389,981                    --                   --                --              to resell
                                    Kredit yang
                                      diberikan          64,645,281         1,321,398           51,644,456              568,640            1,846,583            3,125,234        6,138,970                   Loans
                                    Aset lain-lain          447,514                 --                   --             240,884                    --             206,630                --            Other assets
                                    Total               113,261,561         1,321,398           51,644,456            3,669,513           12,097,223            3,970,626       40,558,345                    Total
                                    Simpanan dari                                                                                                                                                     Deposits from
                                      nasabah           (91,669,297)      (27,570,292)                   --        (61,255,083)          (2,843,922)                    --                --           customers
                                    Simpanan dari                                                                                                                                                     Deposits from
                                      bank lain          (3,833,032)         (175,052)                   --          (3,656,480)              (1,500)                   --                --          other banks
                                    Efek-efek yang
                                      dijual dengan                                                                                                                                            Securities sold under
                                      janji dibeli                                                                                                                                                   repurchased
                                      kembali           (12,947,188)                --                   --        (12,947,188)                    --                   --                --            agreement
                                    Pinjaman yang
                                      diterima           (3,987,600)                --          (2,700,000)          (1,287,600)                   --                   --                --       Fund borrowings
                                    Obligasi                                                                                                                                                          Subordinated
                                      subordinasi           (50,000)                --                   --                  --             (50,000)                    --                --              bonds
                                    Total              (112,487,117)      (27,745,344)          (2,700,000)        (79,146,351)          (2,895,422)                    --                --                 Total

                                    Neto                    774,444       (26,423,946)          48,944,456         (75,476,838)            9,201,801            3,970,626       40,558,345                      Net



                                                                                                        31 Desember/December 31, 2023
                                                                          Instrumen bunga variabel/                                      Instrumen bunga tetap/
                                                                           Floating rate instruments                                      Fixed rate instruments
                                                                       Kurang dari             3 bulan-          Kurang dari          3 bulan-                               Lebih dari
                                                                         3 bulan/              1 tahun/            3 bulan/           1 tahun/                                2 tahun/
                                                       Jumlah/          Less than             3 months-           Less than         3 months-              1-2 tahun/        More than
                                                        Total           3 months                1 year            3 months             1 year              1-2 years          2 years

                                    Penempatan pada                                                                                                                                               Placements with
                                      Bank Indonesia                                                                                                                                             Bank Indonesia
                                      dan bank lain       3,356,000                 --                   --           3,356,000                    --                   --               --      and other banks
                                    Efek-efek            35,467,877                 --                   --              13,538            4,984,386            1,461,049       29,008,904               Securities
                                    Efek-efek yang
                                      dibeli dengan                                                                                                                                            Securities purchased
                                      janji dijual                                                                                                                                              under agreement
                                      kembali             7,215,441                 --                   --           7,215,441                    --                   --                --              to resell
                                    Kredit yang
                                      diberikan          66,292,896         1,186,436           52,096,197              442,429            1,748,822            3,843,449        6,975,563                   Loans
                                    Aset lain-lain          492,276                 --                   --             285,646                    --                   --         206,630             Other assets
                                    Total               112,824,490         1,186,436           52,096,197           11,313,054            6,733,208            5,304,498       36,191,097                    Total

                                    Simpanan dari                                                                                                                                                     Deposits from
                                      nasabah           (89,435,750)      (25,787,966)                   --        (60,049,173)          (3,598,611)                    --                --           customers
                                    Simpanan dari                                                                                                                                                     Deposits from
                                      bank lain          (3,872,596)         (319,204)                   --          (3,548,892)              (4,500)                   --                --          other banks
                                    Efek-efek yang
                                      dijual dengan                                                                                                                                            Securities sold under
                                      janji dibeli                                                                                                                                                   repurchased
                                      kembali           (12,573,231)                --                   --        (12,573,231)                    --                   --                --            agreement
                                    Pinjaman yang
                                      diterima           (2,909,228)                --                   --          (1,154,775)         (1,754,453)                    --                --       Fund borrowings
                                    Obligasi                                                                                                                                                          Subordinated
                                      subordinasi           (50,000)                --                   --                  --                   --             (50,000)                 --              bonds
                                    Total              (108,840,805)      (26,107,170)                   --        (77,326,071)          (5,357,564)             (50,000)                 --                 Total
                                    Neto                  3,983,685       (24,920,734)          52,096,197         (66,013,017)            1,375,644            5,254,498       36,191,097                      Net




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         PT BANK MEGA TBK                                                                        PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                        (Continued)
         Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                           December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                   (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                             Unless Otherwise Stated)


                            Tabel dibawah merupakan ikhtisar dari                  The table below summarize the
                            rata-rata suku bunga efektif untuk                     weighted average effective interest
                            setiap instrumen keuangan:                             rates for each financial instrument:

                                                                2024              2023
                             Aset                                                                                               Assets
                             Rupiah                                                                                             Rupiah
                             Penempatan pada Bank                                                                 Placement with Bank
                               Indonesia dan bank lain                 5.81%             5.38%            Indonesia and other banks
                             Efek-efek                                                                                       Securities
                               Obligasi Pemerintah                     6.56%             6.31%                   Government bonds
                               Obligasi korporasi                      7.89%             7.76%                     Corporate bonds
                             Kredit yang diberikan                                                                               Loans
                               Kredit Usaha Kecil                    14.84%          19.04%                  Small Enterprises loans
                               Kartu kredit                          15.36%          14.42%                              Credit card
                               Kredit lainnya                        10.63%          10.59%                              Other loans
                             Mata uang asing                                                                        Foreign currencies
                             Penempatan pada Bank                                                                 Placement with Bank
                               Indonesia dan bank lain                 5.04%             4.93%            Indonesia and other banks
                             Efek-efek                                                                                       Securities
                               Obligasi Pemerintah                    3.65%           3.70%                      Government bonds
                               Kredit yang diberikan                 10.37%          11.08%                                   Loans
                             Liabilitas                                                                                      Liabilities
                             Rupiah                                                                                             Rupiah
                             Simpanan dari nasabah                                                            Deposits from customers
                               Giro                                    3.93%             3.04%                     Current accounts
                               Tabungan                                1.40%             1.33%                      Saving deposits
                               Deposito berjangka                      5.73%             5.26%                        Time deposits
                             Simpanan dari bank lain                                                         Deposits from other banks
                               Call money                              6.28%             5.92%                 Interbank call money
                               Giro                                    4.52%             4.79%                     Current accounts
                               Tabungan                                1.11%             1.20%                      Saving deposits
                               Deposito berjangka                      3.90%             4.92%                        Time deposits
                             Mata uang asing                                                                        Foreign currencies
                             Simpanan dari nasabah                                                            Deposits from customers
                               Giro                                    2.00%             2.51%                      Current account
                               Tabungan                                0.12%             0.19%                      Saving deposits
                               Deposito berjangka                      5.00%             3.77%                        Time deposits
                             Simpanan dari bank lain                                                         Deposits from other banks
                               Call money                              5.39%             5.23%                           Call money


                            Bank melakukan pengukuran dan                          The Bank conduct measurement and
                            pelaporan risiko pasar secara periodik                 reporting periodically to Regulator in
                            ke Regulator dalam mengelola risiko                    managing market risk based on SEOJK
                            pasar yang mengacu kepada SEOJK                        No.14/SEOJK.03/2017       about      the
                            No.14/SEOJK.03/2017            tentang                 market risk parameters in Bank
                            Penilaian Tingkat Kesehatan Bank                       Soundness Assessment (BSA) using
                            (PTKB)       dengan      menggunakan                   risk approach (Risk-based Bank
                            pendekatan risiko (Risk- based Bank                    Rating/RBBR), consisting of 2 parts:
                            Rating/RBBR) yang terdiri dari 2
                            bagian, yaitu:
                            1. Risiko Inheren                                       1. Inherent Risk
                               a. Volume       dan      Komposisi                      a. Volume      and    Composition
                                   Portofolio                                              Portfolio
                               b. Kerugian Potensial Risiko Suku                       b. Potential loss Interest Rate
                                   Bunga dalam Banking Book                                Risk in Banking Book - IRRBB)
                                   (IRRBB)
                               c. Strategi dan Kebijakan Bisnis                          c.      Strategies     and        Business
                                                                                                 Policies




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               PT BANK MEGA TBK                                                                           PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                           (Continued)
               Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                              December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                      (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                Unless Otherwise Stated)

                                          • Strategi Trading                                         • Trading Strategies
                                          • Strategi Bisnis terkait Suku                             • Business    strategies on
                                            Bunga pada banking book                                    Interest Rate in Banking
                                                                                                       Book
                                    2. Kualitas Penerapan Manajemen                           2. Risk Management Quality
                                       Risiko
                                       a. Tata kelola risiko                                     a.   Risk governance
                                       b. Kerangka manajemen risiko                              b.   Risk management framework
                                       c. Proses     manajemen       risiko,                     c.   Risk management process,
                                          sistem informasi dan sumber                                 information     systems and
                                          daya manusia                                                human resources
                                       d. Sistem pengendalian risiko                             d.   Risk control system
                e.      Risiko Likuiditas                                        e.   Liquidity Risk
                        Risiko likuiditas adalah risiko yang disebabkan               Liquidity risk is the risk caused by the Bank’s
                        oleh ketidakmampuan Bank dalam memenuhi                       inability to meet its obligation associated with
                        kewajiban yang telah jatuh tempo dan menutup                  financial liabilities at due date and cover
                        posisi di pasar. Risiko likuiditas merupakan                  position created from market. Liquidity risk is
                        risiko yang terpenting pada bank umum dan                     the most important risk for commercial bank
                        perlu dikelola secara berkesinambungan.                       and as such needs to be managed on an on-
                                                                                      going basis.
                        Selain itu, pengelolaan aset dan liabilitas Bank              Moreover, monitoring over the Bank’s assets
                        dilakukan     melalui   rapat   ALCO        yang              and liabilities is addressed through ALCO
                        dilaksanakan setiap 1 (satu) bulan sekali.                    meeting held once in every month. The
                        Pembahasan difokuskan pada penyelarasan                       meeting focuses on aligning short-term and
                        strategi jangka pendek dan jangka panjang                     long-term strategy of the Bank with national
                        Bank dengan kondisi perekonomian nasional,                    economic       conditions,    especially     the
                        terutama penyesuaian kondisi likuiditas Bank.                 adjustments to the Bank’s liquidity conditions.
                        Bank juga menyusun kebijakan pengelolaan                      The      Bank’s   also     developed    liquidity
                        risiko likuiditas yang memaparkan tanggung                    management          policy      defines      the
                        jawab, pengelolaan dan pendekatan strategis                   responsibilities, management and strategic
                        yang diambil untuk menjamin ketersediaan                      approach to be taken to ensure that sufficient
                        likuiditas yang cukup untuk memenuhi                          liquidity is maintained to meet the Bank’s
                        kewajiban bank secara kontraktual maupun                      contractual or regulatory obligations.
                        yang disyaratkan oleh regulator.
                        Peraturan Otoritas Jasa Keuangan No. 42/                      Regulation of the Financial Services Authority
                        POJK.03/2015 tanggal 23 Desember 2015                         No.42/ POJK.03/2015 dated December 23,
                        tentang     Kewajiban     Pemenuhan      Rasio                2015 concerning the Obligation of Liquidity
                        Kecukupan Likuiditas (Liquidity Coverage                      Coverage Ratio for Commercial Banks and the
                        Ratio) Bagi Bank Umum dan Peraturan Otoritas                  Regulation of the Financial Services Authority
                        Jasa Keuangan No.32/POJK.03/2016 tentang                      No.32/POJK.03/2016 concerning Amendment
                        Perubahan atas Peraturan Otoritas Jasa                        to the Rules of the Financial Services Authority
                        Keuangan        No.6/POJK.03/2015      tentang                No.6/POJK.03/ 2015 on Transparency and
                        Transparansi dan Publikasi Laporan Bank.                      Publication of Bank Reports. The Bank has
                        Bank telah menyampaikan laporan LCR                           submitted LCR (individual) reports on a
                        individual secara bulanan ke Otoritas Jasa                    monthly basis to the Financial Services
                        Keuangan dan mempublikasikan laporan LCR                      Authority and publishes quarterly LCR reports
                        triwulanan individual pada situs web Bank. LCR                (individual) on the Bank's website. Based on
                        Bank (individual) selalu terjaga di atas batas                the calculation, the Bank's LCR (individually)
                        minimum      rasio    LCR      sebesar  100%.                 shall always be maintained above the
                        Berdasarkan perhitungan, LCR rata-rata harian                 minimum LCR ratio that is 100%. Based on the
                        pada posisi 31 Desember 2024 sebesar                          calculation, the average daily LCR at
                        230,89% dan LCR triwulanan posisi 31                          December 31, 2024 amounted to 230.89%,
                        Desember 2024 sebesar 214,96%.                                respectively and quarterly LCR at December
                                                                                      31, 2024 amounted to 214.96%.

                                                                           150




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         PT BANK MEGA TBK                                                                PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                (Continued)
         Untuk Tahun-tahun yang Berakhir                                                   For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                   December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                           (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                     Unless Otherwise Stated)

                 Terkait dengan POJK Nomor 50/POJK.03/2017           Related with the regulation of the Financial
                 tentang    Kewajiban    Pemenuhan        Rasio      Services      Authority    No.50/POJK.03/2017
                 Pendanaan Stabil Bersih (Net Stable Funding         concerning the Obligation of Net Stable
                 Ratio) Bagi Bank Umum, Bank menyampaikan            Funding Ratio for Commercial Banks, the Bank
                 laporan NSFR secara triwulanan (individual) ke      has submitted NSFR report on quarterly
                 Otoritas Jasa Keuangan dan mempublikasikan          (individual) to Financial Services Authority and
                 laporan NSFR triwulanan (individual) pada situs     published NSFR report to Bank's website.
                 web Bank. Berdasarkan perhitungan, NSFR             Based on the calculation, the Bank's NSFR
                 Bank pada tanggal 31 Desember 2024 sebesar          (individually) as of December 31, 2024
                 125,19%, berada diatas minimum NSFR yaitu           amounted to 125,19%, respectively which is
                 100%.                                               above the minimum NSFR that is 100%.

                 Eksposur terhadap risiko likuiditas                 Exposure to liquidity risk
                 Bank bergantung pada simpanan dari nasabah          The Bank relies on deposits from customers
                 dan simpanan dari bank lain sebagai sumber          and deposits from other banks as its primary
                 pendanaan utama yang memiliki masa jatuh            sources of funding which generally have
                 tempo yang pendek dan sebagian besar dapat          shorter maturities and a large proportion of
                 ditarik sewaktu-waktu. Pendanaan dengan             them are repayable on demand. The short-
                 jangka    waktu    yang      pendek  tersebut       term nature of these deposits increases the
                 meningkatkan risiko likuiditas Bank, oleh           Bank’s liquidity risk, therefore, the Bank
                 karena itu, Bank secara aktif mengelola risiko      actively manages this risk through maintaining
                 tersebut dengan memberikan tingkat suku             competitive pricing and constant monitoring of
                 bunga yang bersaing dan secara terus-               market trends.
                 menerus memantau pergerakan pasar.

                 Adapun pemantauan risiko likuiditas tersebut        The monitoring of liquidity risk includes:
                 antara lain: Pemantauan Giro Wajib Minimum          Monitoring of Statutory Reserves (GWM),
                 (GWM), Liquidity Coverage Ratio (LCR), Net          Liquidity Coverage Ratio (LCR), Net Stable
                 Stable Funding Ratio (NSFR), Aset Likuid            Funding Ratio (NSFR), Liquid Assets to Non
                 terhadap Non Core Deposit (AL/NCD), Aset            Core Deposits (AL/NCD), Liquid Assets to
                 Likuid terhadap Dana Pihak Ketiga (AL/DPK),         Third Party Funds (AL/DPK), Macroprudential
                 Rasio Intermediasi Makroprudensial (RIM),           Intermediation Ratio (RIM), Cash Flow
                 Proyeksi Arus Kas (cashflow), dan Contingency       Projection, and Contingency Funding Plan
                 Funding Plan (CFP). Pemantauan rasio                (CFP). Monitoring of this ratio is reported
                 tersebut dilaporkan secara rutin kepada pihak       regularly to management and regulators.
                 manajemen dan regulator.

                 Bank juga melakukan pengukuran dan                  The Bank also conducts measurement and
                 pelaporan secara periodik ke Bank Indonesia         reporting to the Bank Indonesia periodically on
                 mengenai        pengelolaan   risiko likuiditas     liquidity risk management based on liquidity
                 mengacu kepada parameter risiko likuiditas          risk parameters Bank Soundness Assessment
                 dalam Penilaian Tingkat Kesehatan Bank              (BSA) using risk approach (Risk-based Bank
                 (PTKB) dengan menggunakan pendekatan                Ratings/RBBR) which consists of 2 parts:
                 risiko (Risk-based Bank Rating/RBBR) yang
                 terdiri dari 2 bagian, yaitu:

                 1. Risiko Inheren                                   1. Inherent Risk
                    a. Komposisi dari aset, liabilitas, dan             a. Composition of assets, liabilities, and
                        transaksi rekening administratif.                   administrative account transactions.
                    b. Konsentrasi dari aset dan liabilitas.            b. Concentration of assets and liabilities.
                    c. Kerentanan         pada        kebutuhan         c. Vulnerability of funding needs.
                        pendanaan.
                    d. Akses         pada       sumber-sumber            d.   Access to funding resources.
                        pendanaan.
                 2. Kualitas Penerapan Manajemen Risiko              2. Risk Management Quality
                    a. Tata kelola Risiko Likuiditas.                   a. Liquidity Risk governance.
                    b. Kerangka manajemen Risiko Likuiditas.            b. Liquidity Risk management framework.

                                                               151




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               PT BANK MEGA TBK                                                                       PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                       (Continued)
               Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                          December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                  (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                            Unless Otherwise Stated)

                             c.     Proses manajemen Risiko Likuiditas,               c.    Liquidity Risk management process,
                                    sistem informasi dan sumber daya                        information systems and human
                                    manusia.                                                resources.
                             d.     Sistem pengendalian Risiko Likuiditas.            d.    Liquidity Risk control system.

                        Selain itu, Bank juga melakukan pengukuran                Furthermore, the Bank’s also measure and
                        dan mengelola Risiko Likuiditas seperti rasio             managing liquidity risk such as the ratio of
                        aset likuid terhadap total simpanan dari                  liquid assets to total funding from customers.
                        nasabah. Pada 31 Desember 2024 dan                        As of December 31, 2024 and 2023, the
                        2023, rasio dari aset likuid dibandingkan                 reported ratio of liquid assets to total funding
                        dengan total simpanan dari nasabah yang                   from customers were 65.37% and 50.58%.
                        dilaporkan masing-masing adalah sebesar
                        65,37% dan 50,58%.

                                                                   2024             2023
                         Kas dan setara kas                         10,185,972       11,679,531            Cash and cash equivalents
                         Efek-efek investasi selain yang                                                   Securities, excluding items
                           diklasifikasikan                                                                  classified as cash and
                           sebagai kas dan setara kas               49,503,610       37,426,300                    cash equivalents
                         Simpanan dari bank lain                    (3,833,032)      (3,872,596)           Deposits from other banks
                                                                    55,856,550       45,233,235

                         Simpanan dari nasabah                      91,669,297       89,435,750              Deposits from customers

                         Rasio aset likuid terhadap                                                   Ratio of liquid assets to deposits
                           simpanan dari nasabah                       60.93%              50.58%                     from customers


                        Analisis perbedaan jatuh tempo aset dan                   Maturity gap analysis of financial assets and
                        liabilitas keuangan                                       liabilities
                        Tabel di bawah ini menyajikan analisis jatuh              The table below shows an analysis of
                        tempo nilai tercatat dari aset keuangan                   maturities of the carrying amount of financial
                        (sebelum        pendapatan      bunga     yang            assets (before unearned interest income and
                        ditangguhkan      dan    cadangan     kerugian            allowance for impairment losses) and financial
                        penurunan nilai) dan liabilitas keuangan Bank             liabilities of the Bank as of December 31, 2024
                        pada tanggal 31 Desember 2024 dan 2023,                   and 2023, based on remaining term to
                        berdasarkan jangka waktu yang tersisa sampai              contractual maturity:
                        tanggal jatuh tempo kontraktual:




                                                                          152




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         PT BANK MEGA TBK                                                                                                                                              PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                                                                               NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                                                                              (Continued)
         Untuk Tahun-tahun yang Berakhir                                                                                                                                 For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                                                                                 December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                                                                                         (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                                                                                   Unless Otherwise Stated)
                                                                                                                  31 Desember/December 31, 2024
                                                                                     Tidak
                                                                                  mempunyai
                                                                Nilai            tanggal jatuh          Kurang dari                                     <3-12                < 12-60             Lebih dari
                                                              tercatat/            tempo/No               1 bulan/                                     bulan/                 bulan/              60 bulan/
                                                              Carrying            contractual            Less than              1-3 bulan/              <3-12                < 12-60             More than
                                                               Value                maturity              1 month              1-3 months              months                months              60 months
                  ASET                                                                                                                                                                                                                   ASSETS
                  Kas                                               873,509               873,509                      --                     --                    --                    --                    --                          Cash
                  Giro pada                                                                                                                                                                                                Current accounts with
                  Bank Indonesia                                  7,525,245             7,525,245                      --                     --                    --                    --                    --                Bank Indonesia
                  Giro pada                                                                                                                                                                                                Current accounts with
                    bank lain                                       955,392               955,392                      --                     --                    --                    --                    --                  other banks
                  Penempatan pada                                                                                                                                                                                                Placements with
                  Bank Indonesia                                                                                                                                                                                                  Bank Indonesia
                    dan bank lain                                  831,826                       --             831,826                     --                    --                    --                    --                and other banks
                  Efek-efek                                     49,503,610                       --                   --              683,459            11,069,647             1,533,356            36,217,148                         Securities
                  Efek-efek yang dibeli                                                                                                                                                                               Securities purchased under
                    dengan janji dijual kembali                  1,389,981                      --            1,389,981                     --                    --                    --                    --               resell agreement
                  Tagihan derivatif                                 48,734                      --               48,734                     --                    --                    --                    --          Derivative receivables
                  Kredit yang diberikan - bruto                 64,654,652                      --            7,521,908               796,153             5,318,513            31,791,906            19,226,172                     Loans - gross
                  Tagihan Akseptasi                                  9,234                      --                3,119                 4,905                 1,210                     --                    --         Acceptance receivables
                  Aset lain-lain *)                              1,599,780                 19,566             1,373,584                     --                    --              206,630                     --                   Other assets *)
                  Total                                        127,391,963              9,373,712            11,169,152             1,484,517            16,389,370            33,531,892            55,443,320                             Total
                  Liabilitas segera                               (179,318)                    --             (179,318)                    --                     --                    --                    --      Obligations due immediately
                  Simpanan dari nasabah                        (91,669,297)          (27,146,325)          (44,224,333)          (17,083,093)            (3,014,764)             (188,038)              (12,744)         Deposits from customers
                  Simpanan dari bank lain                       (3,833,032)             (175,052)           (3,635,480)              (21,000)                (1,500)                    --                    --        Deposits from other banks
                  Liabilitas derivatif                            (121,059)                    --             (121,059)                    --                     --                    --                    --                Derivative payable
                  Utang Akseptasi                                   (9,234)                    --               (3,119)               (4,905)                (1,210)                    --                    --              Acceptance payable
                  Efek-efek yang dijual                                                                                                                                                                                      Securities sold under
                    dengan janji dibeli kembali                (12,947,188)                      --        (12,947,188)                     --                    --                    --                      --     repurchased agreements
                  Pinjaman yang diterima                        (3,987,600)                      --           (482,850)              (804,750)             (500,000)           (2,200,000)                      --               Fund borrowings
                  Obligasi subordinasi                             (50,000)                      --                  --                     --              (50,000)                    --                      --            Subordinated bonds
                  Beban yang masih
                    harus dibayar                                                                                                                                                                                          Accrued expenses and
                    dan liabilitas lain-lain**)                  (303,608)                     --             (303,608)                    --                     --                    --                    --               other liabilities**)
                  Total                                      (113,100,336)           (27,321,377)          (61,896,955)          (17,913,748)            (3,567,474)           (2,388,038)              (12,744)                               Total
                  Neto                                          14,291,627           (17,947,665)          (50,727,803)          (16,429,231)            12,821,896            31,143,854            55,430,576                                 Net

                  *) Termasuk di dalam aset lain-lain merupakan bunga yang masih akan diterima, setoran jaminan, piutang sewa, tagihan penjualan surat berharga, dan aset yang diblokir/
                      Included in other assets are accrued interest receivables, guarantee deposits, lease receivables, receivables from sales of marketable securities, and restricted assets
                  **) Termasuk di dalam biaya yang masih harus dibayar dan liabilitas lain-lain merupakan bunga yang masih harus dibayar, setoran jaminan, liabilitas sewa, dan kewajiban pembelian surat berharga/
                      Included in accrued expenses and other liabilities are accrued interest payables, guarantee deposits, lease liabilities, and liabilities to purchase of marketable securities




                                                                                     Tidak
                                                                                  mempunyai
                                                                Nilai            tanggal jatuh          Kurang dari                                     <3-12                < 12-60             Lebih dari
                                                              tercatat/            tempo/No               1 bulan/                                     bulan/                 bulan/              60 bulan/
                                                              Carrying            contractual            Less than              1-3 bulan/              <3-12                < 12-60             More than
                                                               Value                maturity              1 month              1-3 months              months                months              60 months
                  ASET                                                                                                                                                                                                                   ASSETS
                  Kas                                               855,222               855,222                      --                     --                    --                    --                    --                          Cash
                  Giro pada                                                                                                                                                                                                Current accounts with
                  Bank Indonesia                                  6,822,433             6,822,433                      --                     --                    --                    --                    --                Bank Indonesia
                  Giro pada                                                                                                                                                                                                Current accounts with
                    bank lain                                       645,876               645,876                      --                     --                    --                    --                    --                  other banks
                  Penempatan pada                                                                                                                                                                                                Placements with
                  Bank Indonesia                                                                                                                                                                                                  Bank Indonesia
                    dan bank lain                                3,356,000                       --           2,449,657                      --             906,343                     --                    --                and other banks
                  Efek-efek                                     37,624,588                       --                   --                13,538            4,985,039             2,400,487            30,225,524                         Securities
                  Efek-efek yang dibeli                                                                                                                                                                               Securities purchased under
                    dengan janji dijual kembali                  7,215,441                      --            7,215,441                     --                    --                    --                    --               resell agreement
                  Tagihan derivatif                                 20,974                      --               20,974                     --                    --                    --                    --          Derivative receivables
                  Kredit yang diberikan - bruto                 66,304,719                      --            6,798,668               771,209             6,512,167            35,677,360            16,545,315                     Loans - gross
                  Aset lain-lain *)                              1,525,993                 20,885             1,298,478                     --                    --              206,630                     --                   Other assets *)
                  Total                                        124,371,246              8,344,416            17,783,218               784,747            12,403,549            38,284,477            46,770,839                             Total
                  Liabilitas segera                               (296,179)                    --             (296,179)                    --                     --                    --                    --      Obligations due immediately
                  Simpanan dari nasabah                        (89,435,750)          (25,474,093)          (46,052,618)          (14,033,421)            (3,673,412)             (187,525)              (14,681)         Deposits from customers
                  Simpanan dari bank lain                       (3,872,596)             (319,204)           (3,528,392)              (20,500)                (4,500)                    --                    --        Deposits from other banks
                  Liabilitas derivatif                             (18,931)                    --              (18,931)                    --                     --                    --                    --                Derivative payable
                  Efek-efek yang dijual                                                                                                                                                                                      Securities sold under
                    dengan janji dibeli kembali                (12,573,231)                      --        (12,573,231)                     --                    --                    --                      --     repurchased agreements
                  Pinjaman yang diterima                        (2,909,228)                      --           (461,910)              (692,865)           (1,754,453)                    --                      --               Fund borrowings
                  Obligasi subordinasi                             (50,000)                      --                  --                     --                    --              (50,000)                      --            Subordinated bonds
                  Beban yang masih
                    harus dibayar                                                                                                                                                                                          Accrued expenses and
                    dan liabilitas lain-lain**)                  (427,497)                     --             (427,497)                    --                     --                    --                    --               other liabilities**)
                  Total                                      (109,583,412)           (25,793,297)          (63,358,758)          (14,746,786)            (5,432,365)             (237,525)              (14,681)                               Total
                  Neto                                          14,787,834           (17,448,881)          (45,575,540)          (13,962,039)             6,971,184            38,046,952            46,756,158                                 Net

                  *) Termasuk di dalam aset lain-lain merupakan bunga yang masih akan diterima, setoran jaminan, piutang sewa, tagihan penjualan surat berharga, dan aset yang diblokir/
                      Included in other assets are accrued interest receivables, guarantee deposits, lease receivables, receivables from sales of marketable securities, and restricted assets
                  **) Termasuk di dalam biaya yang masih harus dibayar dan liabilitas lain-lain merupakan bunga yang masih harus dibayar, setoran jaminan, liabilitas sewa, dan kewajiban pembelian surat berharga/
                      Included in accrued expenses and other liabilities are accrued interest payables, guarantee deposits, lease liabilities, and liabilities to purchase of marketable securities




                                                                                                                            153




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Page 537
               PT BANK MEGA TBK                                                                                                                          PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                                                           NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                                                          (Continued)
               Untuk Tahun-tahun yang Berakhir                                                                                                             For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                                                             December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                                                     (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                                                               Unless Otherwise Stated)

                        Tabel di bawah ini menunjukkan sisa jatuh                                                                    The table below shows the remaining
                        tempo kontraktual dari liabilitas keuangan                                                                   contractual maturities of financial liabilities
                        berdasarkan pada undiscounted cash flows                                                                     based on undiscounted cash flows (unaudited).
                        (tidak diaudit).
                                                                                                       31 Desember/December 31, 2024
                                                                              Tidak
                                                                           mempunyai
                                                                             tanggal
                                                                              jatuh            Kurang dari                               <3-12             < 12-60         Lebih dari
                                                                            tempo/No             1 bulan/                               bulan/              bulan/          60 bulan/
                                                          Jumlah/          contractual          less than          1-3 bulan/            <3-12             < 12-60         More than
                                                           Total             maturity            1 month          1-3 months            months             months          60 months
                        LIABILITAS                                                                                                                                                                        LIABILITIES
                        Liabilitas segera                     179,318                    --          179,318                    --                 --                 --                -- Obligations due immediately
                        Simpanan dari
                          nasabah                          92,218,539          27,146,325         44,533,351          17,253,395           3,084,686            188,038          12,744        Deposits from customers
                        Simpanan dari
                          bank lain                          3,835,231            175,052           3,637,495               21,143             1,541                  --                --   Deposits from other banks
                        Efek-efek yang djual
                          dengan janji                                                                                                                                                             Securities sold under
                          dibeli kembali                   12,947,188                    --       12,947,188                   --                 --                  --                --   repurchased agreements
                        Liabilitas derivatif                  121,059                    --          121,059                   --                 --                  --                --          Derivatives payable
                        Utang akseptasi                         9,234                    --            3,119               4,905              1,210                   --                --          Acceptance payable
                        Pinjaman yang diterima              3,997,719                    --          492,969             804,750            500,000           2,200,000                 --             Fund borrowings
                        Obligasi subordinasi                   50,416                    --              416                   --            50,000                   --                --          Subordinated bonds
                        Beban yang masih
                          harus dibayar
                          dan liabilitas                                                                                                                                                        Accrued expenses and
                          lain-lain**)                        100,096                   --           100,096                   --                  --                 --              --            other liabilities**)
                        Total                             113,458,800          27,321,377         62,015,011          18,084,193           3,637,437          2,388,038          12,744                             Total

                        **) Termasuk di dalam biaya yang masih harus dibayar dan liabilitas lain-lain merupakan setoran jaminan dan kewajiban pembelian surat berharga/
                            Included in accrued expenses and other liabilities are guarantee deposits and liabilities to purchase of marketable securities


                                                                                                       31 Desember/December 31, 2023
                                                                              Tidak
                                                                           mempunyai
                                                                             tanggal
                                                                              jatuh            Kurang dari                               <3-12             < 12-60         Lebih dari
                                                                            tempo/No             1 bulan/                               bulan/              bulan/          60 bulan/
                                                          Jumlah/          contractual          less than          1-3 bulan/            <3-12             < 12-60         More than
                                                           Total             maturity            1 month          1-3 months            months             months          60 months
                        LIABILITAS                                                                                                                                                                        LIABILITIES
                        Liabilitas segera                     296,179                    --          296,179                    --                 --                 --                -- Obligations due immediately
                        Simpanan dari
                          nasabah                          89,969,700          25,474,093         46,359,775          14,171,274           3,762,352            187,525          14,681        Deposits from customers
                        Simpanan dari
                          bank lain                          3,876,629            319,204           3,532,185               20,640             4,600                  --                     Deposits from other banks
                        Efek-efek yang djual
                          dengan janji                                                                                                                                                             Securities sold under
                          dibeli kembali                   12,573,231                    --       12,573,231                   --                  --                 --                --   repurchased agreements
                        Liabilitas derivatif                   18,931                    --           18,931                   --                  --                 --                --          Derivatives payable
                        Utang akseptasi                             --                   --                --                  --                  --                 --                --          Acceptance payable
                        Pinjaman yang diterima              2,916,491                    --          469,173             692,865           1,754,453                  --                --             Fund borrowings
                        Obligasi subordinasi                   50,416                    --              416                   --                  --            50,000                 --          Subordinated bonds
                        Beban yang masih
                          harus dibayar
                          dan liabilitas                                                                                                                                                        Accrued expenses and
                          lain-lain**)                        108,868                   --           108,868                   --                  --                 --              --            other liabilities**)
                        Total                             109,810,445          25,793,297         63,358,758          14,884,779           5,521,405            237,525          14,681                             Total

                        **) Termasuk di dalam biaya yang masih harus dibayar dan liabilitas lain-lain merupakan setoran jaminan dan kewajiban pembelian surat berharga/
                            Included in accrued expenses and other liabilities are guarantee deposits and liabilities to purchase of marketable securities



                f.      Risiko Operasional                                                                             f.            Operational Risk
                        Bank       senantiasa         menyempurnakan                                                                 The Bank constantly improves its operational
                        implementasi manajemen risiko operasional                                                                    risk management implementation by increasing
                        dengan meningkatkan kesadaran para pegawai                                                                   employee’s risk awareness and improving the
                        terhadap    risiko    serta   menyempurnakan                                                                 policies    and     procedures   for   banking
                        kebijakan dan prosedur untuk operasional                                                                     operations. These efforts are aimed to mitigate
                        bank. Berbagai upaya ini ditujukan untuk                                                                     inherent risk as well as to improve control
                        memitigasi     risiko   inheren   dan   terus                                                                system particularly for the Bank’s operational
                        meningkatkan sistem pengendalian khususnya                                                                   risks. Bank continuously increases risk
                        terhadap risiko operasional. Bank terus-                                                                     awareness of its employees through various
                        menerus meningkatkan kesadaran risiko                                                                        media including e-campaign, bulletins, and
                        seluruh pegawainya melalui berbagai media                                                                    direct socialization.
                        termasuk e-campaign, buletin dan sosialisasi
                        secara langsung.



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Page 538
         PT BANK MEGA TBK                                                                PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                (Continued)
         Untuk Tahun-tahun yang Berakhir                                                   For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                   December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                           (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                     Unless Otherwise Stated)

                 Bank telah memiliki aplikasi Operational Risk       The Bank has implemented the Operational
                 Web Links (OWL) pada menu Operational Risk          Risk Web Links (OWL) application with the
                 Online        Test         (OPRIST)     untuk       Operational Risk Online Test (OPRIST) menu
                 menyelenggarakan tes online kepada pegawai          to conduct online tests for branch and regional
                 kantor cabang maupun regional serta sebagian        office employees as well as some head office
                 pegawai kantor pusat. Tujuannya adalah untuk        employees. The purpose is to measure
                 mengukur penguasaan dan pemahaman                   mastery and understanding of Policies and
                 terhadap Kebijakan dan Prosedur serta               Procedures as well as Product Knowledge.
                 Pengetahuan Produk. Pelaksanaan OPRIST              The OPRIST is conducted regularly. Currently,
                 dilakukan secara rutin. Saat ini pelaksanaan        the implementation of OPRIST can also be
                 OPRIST juga dapat dilakukan melalui aplikasi        done through the MEMo (Mega Employee
                 MEMo (Mega Employee Mobile). Hal ini                Mobile) application. This aims to make it easier
                 bertujuan untuk mempermudah pegawai                 for employees to carry out OPRIST which can
                 melakukan OPRIST yang dapat diakses diluar          be accessed outside the office environment
                 lingkungan kantor dengan menggunakan                using a non-intranet internet network.
                 jaringan internet non-intranet

                 OPRIST dapat dilakukan secara tematik, yakni        OPRIST can be conducted thematically,
                 materi tes difokuskan ke proses-proses              focusing the test material on operational
                 operasional di kantor cabang, kantor regional,      processes in branch offices, regional offices,
                 dan kantor pusat yang dianggap berisiko tinggi.     and the head office that are considered
                 Selain itu, Bank juga telah menyelenggarakan        highrisk. Additionally, the Bank has organized
                 e-learning dengan modul Operational Risk            e-learning    with    the    Operational  Risk
                 Management sejak tahun 2018. E-learning             Management module since 2018. This
                 Operational Risk Management tersebut diikuti        Operational Risk Management e-learning is
                 ditujukan kepada oleh seluruh pegawai Bank.         intended for all Bank employees.

                 Selain Menu OPRIST, pada aplikasi OWL juga          In addition to the OPRIST Menu, the OWL
                 terdapat menu dashboard untuk melakukan             application has a Dashboard menu to monitor
                 monitoring GL Kerugian Operasional Bank,            the Bank's Operational Loss General Ledger.
                 dimana Bank Melakukan Monitoring dan                The Bank Monitors and analysis all
                 analisis seluruh GL Kerugian Operasional            Operational Losses General Ledger every
                 setiap bulannya untuk memastikan pembukuan          month to ensure that the bookkeeping of
                 Kerugian Operasional yang dilakukan oleh Unit       Operational Losses carried out by the Work
                 Kerja telah sesuai dengan peruntukannya,            Unit is in accordance, building Loss data
                 membangun data Kerugian Operasional                 Operations    as   an    implementation   of
                 sebagai pendukung perhitungan ATMR Risiko           Operational Risk RWA calculations using the
                 Operasional dengan metode Pendekatan                Standardized Approach method based on the
                 Standar yang diterapkan berdasarkan Surat           Financial Services Authority and provides an
                 Edaran     Otoritas  Jasa     Keuangan   dan        overview to the Work Unit of the Operational
                 memberikan gambaran kepada Unit Kerja               Losses that occur, to become a lesson
                 terhadap Kerugian Operasional yang terjadi,         learned.
                 untuk menjadi lesson learned.

                 Bank telah memiliki Kebijakan Business              The Bank has a Business Continuity
                 Continuity Management (BCM) yang secara             Management (BCM) Policy which that
                 komprehensif bertujuan untuk menangani              comprehensively aims to address various
                 berbagai gangguan/bencana alam, non-alam,           disruptions/natural, non-natural, and social
                 dan sosial seperti akibat perbuatan manusia,        disasters such as disorders/ disasters by man,
                 sosial dan/atau alam, misalkan kebakaran,           social and/or nature, e.g. fires, earthquake,
                 gempa bumi, banjir, demonstrasi, dan lain-lain.     flood, demonstrations, and others. This policy
                 Kebijakan ini disusun untuk menjamin kegiatan       was developed is designed to ensure that
                 operasional bisnis dan sumber daya kritikal         Bank’s business operations and the Bank’s
                 Bank tetap dapat berfungsi walaupun terjadi         critical resources can continue to still function
                 gangguan/bencana atau membangun resiliensi          despite the disruptions/disasters or to build
                 (ketahanan) dan kemampuan untuk memberi             resilience, and the ability to respond to
                 respon secara efektif terhadap suatu kondisi        effectively respond to a disaster conditions

                                                               155




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Page 539
               PT BANK MEGA TBK                                                                 PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                 (Continued)
               Untuk Tahun-tahun yang Berakhir                                                    For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                    December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                            (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                      Unless Otherwise Stated)

                        bencana guna melindungi kepentingan para            situation in order to protect the interests of the
                        stakeholders, reputasi dan nama baik Bank.          stakeholders, and the reputation and the good
                                                                            name of the Bank’s name.

                        Di dalam komponen BCM, Bank menyusun                In Business Continuity Management (BCM)
                        Continuity     Plan     guna       memastikan       component, the Bank arrange Continuity Plan
                        kelangsungan operasional perusahaan dalam           to ensure the continuity of the company
                        menghadapi krisis. Pada dasarnya Continuity         operational amidst crisis. Basically continuity
                        Plan ini dirancang sebagai posisi pencegahan        plan designed as a preventive position, where
                        (preventif), dimana bencana dapat timbul            disaster may arise any time that makes
                        sewaktu-waktu     sehingga     proses   bisnis      business process stranded. Continuity Plan
                        terhambat. Strategi Continuity Plan telah diuji     strategy have been tested and works well in
                        dan berjalan dengan baik ketika menghadapi          this Covid-19 pandemic situation, on both
                        pandemi Covid-19, bencana sosial, dan               social and natural disasters.
                        bencana alam.

                        Untuk melengkapi hal di atas, Bank juga telah       On the other hand, Bank also has emergency
                        memiliki prosedur tanggap darurat terkait           procedure related to life safety in the condition
                        keselamatan jiwa pada kondisi krisis serta          of crisis and Disaster Recovery Center (DRC)
                        Disaster Recovery Center (DRC) sebagai              as the Bank IT Recovery Center to assure the
                        Pusat Recovery Teknologi Informasi Bank             continuity of the Bank’s operations if the
                        apabila terjadi gangguan infrastruktur pada         infrastructure of the data center at Head Office
                        data center di Kantor Pusat. Guna memastikan        is disrupted. To ensure DRC readiness, the
                        kesiapan DRC, Bank menyelenggarakan uji             Bank has been doing the periodically test.
                        coba secara periodik.

                        Bank mengembangkan Operational Risk                 The Bank developed an Operational Risk
                        Management System (ORMS) dalam rangka               Management System (ORMS) as an
                        penyempurnaan tools yang telah ada. ORMS            improvement of the existing tools. ORMS
                        memiliki tiga modul yakni Risk Control Self         comprises three modules: Risk Control Self
                        Assessment (RCSA), Risk Event Database              Assessment (RCSA), Risk Event Database
                        (RED) dan Key Risk Indicator (KRI).                 (RED), and Key Risk Indicator (KRI). Further
                        Selanjutnya akan dilakukan pengembangan ini         enhancements of these three tools will be
                        akan dilakukan pada ketiga tools tersebut pada      integrated into the Operational Risk Web Links
                        aplikasi Operational Risk Web Links (OWL).          (OWL) application.

                        RCSA digunakan untuk membantu risk owner            RCSA is utilized to assist risk owners to
                        dalam melakukan proses manajemen risiko             manage the operational risk management
                        operasional yang mencakup identifikasi dan          process, which involves the identification and
                        pengukuran efektivitas control terhadap risiko      effective control measurement of operational
                        operasional secara mandiri yang bersifat            risk independently, in a predictive and
                        prediktif dan preventif. Sedangkan RED              preventive manner. Meanwhile RED is a tool
                        merupakan tool yang berfungsi sebagai               that functions as a risk events database, which
                        database peristiwa risiko, yang digunakan           is used for Bank’s learning data. Furthermore
                        untuk data pembelajaran Bank. Selanjutnya,          KRI, a helping tool which gives earlier
                        KRI adalah alat bantu yang memberikan               information regarding symptoms and risks
                        informasi secara dini mengenai gejala maupun        which have inclining trend.
                        risiko yang trennya menunjukkan peningkatan.

                        Komite     Produk     yang    dibentuk  telah       The Product Committee that has been
                        dioptimalkan     fungsinya,     yakni  selain       established has optimized its functions, namely
                        mengidentifikasi dan memitigasi risiko yang         in addition to identifying and mitigating the
                        melekat pada produk dan aktivitas baru, juga        risks inherent in new products and activities, it
                        melakukan evaluasi terhadap kinerja produk-         also evaluates the performance of products
                        produk yang telah diluncurkan.                      that have already been launched.



                                                                      156




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Page 540
         PT BANK MEGA TBK                                                                  PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                  (Continued)
         Untuk Tahun-tahun yang Berakhir                                                     For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                     December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                             (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                       Unless Otherwise Stated)

                 Guna memudahkan langkah-langkah mitigasi              In order to ease steps to mitigate product risks
                 risiko produk oleh unit-unit kerja yang terkait,      by related units, the Bank has developed risk
                 Bank telah menyusun pedoman pengelolaan               management guidance for bank products.
                 risiko untuk produk bank produk tertentu,             certain      products,     among        others,
                 antara lain bancassurance dan reksa dana.             bancassurance and mutual funds.
                 Bank juga melakukan pengukuran dan                    The Bank also conducts measurement and
                 pelaporan secara periodik ke Otoritas Jasa            reporting to the Financial Services Authority
                 Keuangan mengenai pengelolaan risiko                  periodically on operational risk management
                 operasional yang mengacu kepada parameter             based on operational risk parameters Bank
                 risiko operasional dalam Penilaian Tingkat            Soundness Assessment (BSA) using risk
                 Kesehatan Bank (PTKB) dengan menggunakan              approach (Risk-based Bank Ratings/RBBR)
                 pendekatan      risiko    (Risk-based     Bank        which consists of 2 parts:
                 Rating/RBBR) yang terdiri dari 2 bagian, yaitu:
                 1. Risiko Inheren                                     1. Inherent Risk
                      • Karakteristik dan Kompleksitas Bisnis             • Characteristic and Complexity of
                                                                             Business
                       • Sumber Daya Manusia                              • Human Resources
                       • Teknologi dan Infrastruktur Pendukung            • Technology        and     Supporting
                                                                             Infrastructure
                    • Fraud                                               • Fraud
                    • Kejadian Eksternal                                  • External Event
                 2. Kualitas Penerapan Manajemen Risiko                2. Risk Management Quality
                    • Tata Kelola Risiko                                  • Risk Governance
                    • Kerangka Manajemen Risiko                           • Risk Management Framework
                    • Proses Manajemen Risiko, Sistem                     • Risk Management Process, Information
                      Informasi, dan SDM                                     System, and Human Resources
                    • Sistem Pengendalian Risiko                          • Risk Control System
                 Disisi lain, untuk pengukuran risiko yang terkait     On the other hand, for the measurement of risk
                 dengan perhitungan Aset Tertimbang Menurut            related to the calculation of Risk-Weighted
                 Risiko (ATMR) atas Risiko Operasional, mulai          Assets (RWA) for Operational Risk, Starting in
                 triwulan pertama tahun 2023 Bank sudah                the first quarter of 2023, the Bank has
                 mengimplementasikan Pendekatan Standar                implemented the Standardized Approach in
                 sesuai SEOJK No. 6/SEOJK.03/2020 yang                 accordance with SEOJK Regulation No.
                 dilaporkan setiap awal tahun sudah dilakukan          6/SEOJK.03/2020. The Bank has conducted 2
                 uji coba laporan sebanyak 2 kali di tahun 2021        trial reports which is reported at the beginning
                 dan 2022 untuk perhitungan ATMR Risiko                of each year for the calculation of RWA for
                 Operasional dengan menggunakan metode                 Operational Risk using the new method in
                 baru.                                                 2021 and 2022.
                 Sementara itu, Bank juga memperkuat                   Meanwhile, Bank also strenghtening the
                 pengendalian      internal    melalui    forum        internal controls through an internal control the
                 pengendalian internal dengan melakukan rapat          forum with routine by conducting meetings to
                 rutin   untuk    membahas      isu-isu   Risiko       discuss material Operational Risk material
                 Operasional yang material agar risiko-risiko          issues so that these risks can be controlled
                 tersebut dapat dikendalikan secara dini.              early.
                 Sebagai bentuk pengawasan aktif Direksi atas          As a form of active supervision by the Board of
                 implementasi Kualitas Penerapan Manajemen             Directors on the implementation Quality of
                 Risiko     Operasional,      Bank      telah          Operational Risk Management, the Bank has
                 menyelenggarakan        Operational     Risk          held Operational Risk Governance Meetings at
                 Governance Meeting di tingkat Bank yang               the Bank level with the main objective of
                 tujuan utamanya adalah untuk mengidentifikasi         identifying and managing the Bank’s key risks.
                 dan mengelola risiko utama Bank. Hasil                The results of the Governance Meeting are
                 Governance Meeting ini dimonitor secara               monitored regularly.
                 berkala.


                                                                 157




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Page 541
               PT BANK MEGA TBK                                                                       PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                       (Continued)
               Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                          December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                  (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                            Unless Otherwise Stated)

                g.      Risiko TI dan Siber                                  g.   IT and Cyber Risk
                        Bank telah memiliki Kebijakan Manajemen                   Bank has an Information Technology Risk
                        Risiko Teknologi Informasi dan Siber dan juga             Management Policy and also in Cyber Security
                        Kebijakan Ketahanan dan Keamanan Siber                    and Resilience Policy in accordance with the
                        sesuai dengan regulasi terbaru yang dapat                 latest regulations which can be used as a
                        digunakan sebagai acuan dalam melakukan                   reference in implementing risk management for
                        penerapan     manajemen      risiko  terhadap             the use of Information Technology Services
                        penggunaan Layanan Teknologi Informasi di                 within the Bank.
                        dalam lingkungan Bank.

                        Selain itu, Bank telah melakukan pengkajian                In addition, the Bank has conducted a risk
                        risiko dan memastikan kontrol yang efektif                assessment and ensured effective controls in
                        dalam sistem pengendalian internal yang                   an adequate internal control system to
                        memadai untuk meminimalisir risiko inheren                minimize inherent and residual risks and their
                        dan residual serta dampaknya dalam                        impact in the management and use of
                        pengelolaan    dan    penggunaan   Layanan                Information Technology Services.
                        Teknologi Informasi.

                        Bank, melalui divisi IT and Cyber Risk                    Bank through the IT and Cyber Risk
                        Management, sebagai fungsi pertahanan lini                Management division, as a second line of
                        kedua, menjalankan fungsi konsultasi dan                  defence, conduct advisory and communication
                        komunikasi dengan unit bisnis dan atau unit               functions with business units and or support
                        support yang ada di dalam first line of defense           units in first line of defense related to risk
                        terkait dengan pengelolaan risiko penggunaan              management in the use of Information
                        Layanan Teknologi Informasi.                              Technology Services.

                        Sebagai upaya Bank di dalam mengelola risiko              As part of the Bank's efforts to manage
                        keamanan dan informasi secara tepat dan                   security and information risks appropriately
                        efektif,  Bank    telah   menerapkan     dan              and effectively, the Bank has adopted and
                        mendapatkan sertifikasi standar internasional             acquired    ISO     27001:2013     international
                        ISO 27001:2013 tentang Sistem Manajemen                   standard certification for Information Security
                        Keamanan Informasi (SMKI). Dalam ISO                      Management Systems (ISMS). According to
                        27001, Bank dipersyaratkan untuk selalu                   ISO 27001, Banks are required to develop,
                        membangun, menerapkan, memelihara serta                   implement, maintain and continuously improve
                        terus    meningkatkan   sistem   manajemen                information security management systems
                        keamanan informasi sesuai cakupannya.                     based on their scope.

                        Bank juga membangun kesadaran sehubungan                  Bank also raise Information Technology and
                        Manajemen Risiko Teknologi Informasi dan                  Cyber Risk Management awareness for all
                        Siber bagi seluruh karyawan yang mencakup,                employees       which    includes  Information
                        Risiko Teknologi dan Keamanan Informasi                   Technology and Security Risk including Cyber
                        termasuk Risiko Siber melalui berbagai media              Risk via various communication media, such
                        komunikasi, antara lain: e-learning, mail blast,          as e-learning, e-mail blast, desktop wallpaper
                        Mega Employee Mobile (MEMo), Mega Web,                    for PCs/laptops, Informasi Teknologi Risk dan
                        wallpaper    PC/laptop,     buletin   Informasi           Ketahanan Siber (INTERAKSI) bulletin, and
                        Teknologi   Risk    dan     Ketahanan     Siber           online training for ISO 27001.
                        (INTERAKSI), dan pelatihan online terkait ISO
                        27001.

                        Bank juga telah melakukan pengujian                       Bank also conducted cybersecurity testing
                        keamanan       siber  berdasarkan       analisis          based on vulnerability analysis to identify the
                        kerentanan untuk melihat titik lemah dari sistem          the Bank's system’s weaknesses, namely by
                        Bank, yaitu dengan pelaksanaan vulnerability              conduct a vulnerability assessment followed by
                        assesment       yang   dilanjutkan      dengan            penetration testing.
                        penetration testing.



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         PT BANK MEGA TBK                                                                    PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                    (Continued)
         Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                       December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                               (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                         Unless Otherwise Stated)

                 Bank juga melakukan pengujian keamanan                  Bank also carried out cyber security testing
                 siber berdasarkan skenario untuk memvalidasi            based on scenarios to validate the
                 proses penanggulangan dari potensi ancaman              countermeasures process for potential cyber
                 siber dan pemulihan terhadap adanya potensi             threats and recovery against potential cyber
                 insiden siber, yaitu dengan melakukan Table-            incidents, specifically by performing conducting
                 Top Exercise untuk menilai kesiapan Bank                a Table-Top Exercise to assess the Bank’s
                 dalam merespons insiden siber dan Social                preparedness in responding to cyber incidents
                 Engineering Exercise yang berupa simulasi               and a Social Engineering Exercise in the form
                 email phishing kepada seluruh karyawan Bank.            of a phishing email simulation to all Bank
                 Selain itu, Bank juga telah melakukan thematic          employees. Additionally, the Bank has carried
                 review terhadap user access pada sistem core            out a comprehensive thematic review of user
                 banking.                                                access within the core banking system.

                 Untuk      meningkatkan   keamanan       dan            To enhance the security and confidentiality of
                 kerahasiaan data Nasabah, Bank saat ini telah           customer data, Bank has conducted an
                 melakukan penilaian terhadap kebijakan clear            assessment of the clear desk and clear screen
                 desk dan clear screen. Setiap karyawan                  policy, requiring all employees to be
                 diwajibkan untuk bertanggung jawab dalam                responsible for maintaining a clean work area,
                 menjaga kebersihan area kerja, menyimpan                securely storing confidential documents, and
                 dokumen rahasia di tempat yang aman, dan                turning off computer screens when not in use.
                 mematikan layar komputer ketika tidak                   This initiative aims to reduce potential risks
                 digunakan. Tujuan dari langkah ini adalah               such as the loss of confidential documents and
                 untuk mengurangi potensi risiko seperti                 unauthorized access.
                 kehilangan dokumen rahasia dan akses yang
                 tidak sah.

                 Bank memiliki Kebijakan IT Risk Tools yang              The Bank possesses an IT Risk Tools Policy,
                 merupakan panduan bagi unit kerja IT Risk               which serves as a guideline for the IT Risk unit,
                 sebagai fungsi second line of defense Bank              acting as the Bank's second line of defense in
                 dalam       melakukan        proses   identifikasi,     the processes of identifying, measuring,
                 pengukuran, pemantauan, dan pengendalian                monitoring, and controlling IT usage risks. This
                 risiko penggunaan TI serta dalam rangka                 policy aims to achieve effective IT risk
                 mencapai tujuan pengelolaan risiko TI yang              management objective. The Bank has also
                 efektif. Bank juga telah mengkinikan ketentuan          revised its internal policy on IT and Cyber risk
                 internal terkait risiko TI dan Siber.                   management.

                 Bank juga telah melakukan penilaian secara              The Bank has performed a self-assessment of
                 mandiri terhadap tingkat maturitas keamanan             its cybersecurity and digital maturity level,
                 siber dan tingkat maturitas digital sesuai              adhering to regulatory guidelines. This
                 dengan ketentuan regulator yang berlaku dan             assessment has been incorporated into the
                 disampaikan kepada Regulator sebagai bagian             Bank's most recent IT condition report
                 dari laporan kondisi terkini penyelenggaraan TI         provided to the Regulator.
                 Bank.

                 Dalam Penilaian Tingkat Kesehatan Bank                  In Risk-Based Bank Rating, the Bank has
                 (PTKB), Bank telah menambahkan aspek risiko             included cybersecurity risks as part of the
                 siber sebagai bagian dari profil risiko                 operational risk profile associated with the use
                 operasional terkait penggunaan Teknologi                of Information Technology (IT). These aspects
                 Informasi (TI). Aspek tersebut mencakup                 encompass the utilization of up-to-date
                 penggunaan Antivirus Endpoint Detection and             antivirus Endpoint Detection and Response
                 Response (EDR) Bank berdasarkan jumlah                  (EDR) software, the frequency of cyber-
                 versi yang ter-update, frekuensi serangan               attacks, and the impact of cyber incidents. This
                 siber, dan dampak insiden siber. Langkah ini            measurement will assist the Bank in monitoring
                 akan membantu Bank dalam melakukan                      the vulnerability of the IT systems to threats
                 pemantauan terhadap kerentanan sistem TI                and cyber-attacks.
                 terhadap ancaman dan serangan siber.


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               PT BANK MEGA TBK                                                                     PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                     (Continued)
               Untuk Tahun-tahun yang Berakhir                                                        For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                        December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                          Unless Otherwise Stated)

                46.     Manajemen Modal dan Rasio Kewajiban                 46. Capital   Management     And     Minimum
                        Penyediaan Modal Minimum                                Required Capital Adequacy Ratio (CAR)

                        Dalam pengelolaan modal, Bank diwajibkan                In capital management, the Bank is required to
                        untuk menjaga dan menguatkan posisi modal               maintain and strengthen the capital position
                        yang mendukung pertumbuhan bisnis serta                 that supports business growth and maintains
                        menjaga kepercayaan investor, deposan,                  the confidence of investors, depositors,
                        pelanggan, dan pasar sebagaimana tercermin              customers and the market as reflected in the
                        dari implementasi POJK No.11/POJK/03/2016               implementation of POJK No.11/POJK/03/2016
                        tentang Kewajiban Penyediaan Modal Minimum              regarding     Minimum    Capital    Adequacy
                        untuk Bank Umum sebagaimana diubah                      Requirement for Commercial Banks as latest
                        terakhir kali melalui POJK No. 27 tahun 2022            amended with POJK No. 27 year 2022 is
                        diungkapkan pada Catatan 49l.                           disclosed in Note 49l.


                47.     Analisis Kualitas Kredit                            47. Credit Quality Analysis

                        Pengukuran Kerugian Kredit Ekspektasian                 Measurement of Expected Credit Losses

                        Peningkatan Risiko Kredit secara Signifikan             Significant Increase in Credit Risk
                        Ketika menentukan apakah risiko gagal bayar             When determining whether the risk of default
                        pada instrumen keuangan telah meningkat                 on financial instruments has increased
                        secara signifikan sejak pengakuan awal, Bank            significantly since initial recognition, the Bank
                        mempertimbangkan informasi yang wajar dan               considers reasonable and supported relevant
                        terdukung, serta relevan yang tersedia tanpa            information that is available without excessive
                        biaya atau upaya yang berlebihan. Hal tersebut          costs or efforts. This includes quantitative and
                        mencakup informasi dan analisis kuantitatif dan         qualitative information and analysis, based on
                        kualitatif, berdasarkan pengalaman historis dan         historical experience and credit expert
                        penilaian pakar kredit dan termasuk perkiraan           assessments and including forward-looking
                        masa depan (forward-looking).                           estimates.

                        Tujuan dari penilaian ini adalah untuk                  The purpose of this assessment is to identify
                        mengidentifikasi apakah peningkatan risiko              whether a significant increase in credit risk of
                        kredit secara signifikan atas eksposur telah            exposure has occurred by comparing:
                        terjadi dengan membandingkan:
                        • Probability of default (PD) atas umur tersisa         • Probability of default (PD) for the remaining
                            pada tanggal pelaporan; dengan                        age at the reporting date; with
                        • Probability of default (PD) atas umur tersisa         • Probability of default (PD) for the estimated
                            yang di estimasi pada saat pengakuan awal             remaining age at initial recognition of the
                            eksposur (jika relevan, disesuaikan dengan            exposure (if relevant, adjusted for change in
                            perubahan ekspektasi pembayaran dimuka).              expectations of prepayment).
                        Bank menggunakan kriteria berikut dalam                 Bank use these criteria for determining
                        menentukan apakah peningkatan risiko kredit             whether there has been a significant increase
                        secara signifikan atas eksposur telah terjadi:          in credit:
                        • Pengujian         kuantitatif     berdasarkan         • Quantitative test based on movement in
                           perubahan probability of default (PD)                    probability of default (PD)
                        • Indikator kualitatif                                  • Qualitative indicators
                        • Tertunggak lebih dari 30 hari                         • A backstop of 30 days past due

                        Credit Risk Grades                                      Credit Risk Grades
                        Bank mengalokasikan setiap eksposur ke credit           The Bank allocated each exposure to credit
                        risk grades berdasarkan variasi data yang               risk grades based on a variety of data that is
                        ditentukan untuk memprediksi risiko gagal               determined to predict the risk of default and
                        bayar dan menerapkan pengalaman atas                    apply credit experience judgement. Credit risk
                        kredit.   Credit risk   grades    ditetapkan            grades are determined using qualitative and
                        menggunakan faktor kualitatif dan kuantitatif           quantitative factors that can indicate the risk of

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         PT BANK MEGA TBK                                                                    PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                    (Continued)
         Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                       December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                               (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                         Unless Otherwise Stated)

                 yang dapat mengindikasikan risiko gagal bayar.          default. These factors vary depending on the
                 Faktor-faktor ini bervariasi tergantung pada            nature of the exposure and the type of
                 sifat eksposur dan jenis peminjam.                      borrower.
                 Credit risk grades ditetapkan dan dikalibrasi           Credit risk grades are determined and
                 sedemikian rupa sehingga risiko terjadinya              calibrated in such a way that the risk of default
                 gagal bayar meningkat secara eksponensial               is increasing exponentially as credit risk rating
                 seiring dengan penurunan rating risiko kredit,          decreases, for example, the difference
                 sebagai contoh, selisih antara credit risk rating       between credit risk rating grades 1 and 2 is
                 grades 1 dan 2 lebih kecil dari pada selisih            smaller than the difference between credit risk
                 antara credit risk rating grades 2 dan 3.               rating grades 2 and 3.
                 Setiap eksposur dialokasikan ke credit risk             Each exposure is allocated to credit risk
                 grades pada pengakuan awal berdasarkan                  grades at initial recognition based on available
                 informasi yang tersedia tentang peminjam.               information about the borrower. This exposure
                 Eksposur ini dipantau secara berkelanjutan,             is monitored on an ongoing basis, and may
                 dan      dapat   mengakibatkan      eksposur            result in the exposure being moved to a
                 dipindahkan ke credit risk grades yang                  different credit risk grade. Monitoring uses
                 berbeda. Pemantauan menggunakan informasi               information about debtor payments which is
                 tentang ketepatan pembayaran yang biasanya              usually supported by data such as financial
                 didukung data-data seperti laporan keuangan,            reports, use of credit facilities and estimates of
                 penggunaan fasilitas kredit dan estimasi                economic conditions.
                 kondisi ekonomi.
                 Penentuan Struktur Probability of Default               Determination of the Probability of Default
                                                                         Structure
                 Credit risk grades adalah input utama dalam             Credit risk grades are the main input in
                 penentuan struktur PD term structure atas               determining the PD term structure of the
                 eksposur. Bank mengumpulkan informasi                   exposure. The Bank collects performance and
                 kinerja dan gagal bayar tentang eksposur risiko         default information about credit risk exposures,
                 kredit yang dianalisis berdasarkan jenis produk         which are analyzed by product and borrower
                 dan peminjam serta penilaian risiko kredit.             type as well as credit risk assessment. For
                 Untuk beberapa portofolio terutama produk               some portfolios especially treasury products,
                 treasury, informasi yang dibeli dari penilai kredit     information purchased from external credit
                 eksternal juga digunakan.                               assessors is also used.

                 Bank menggunakan model statistik untuk                  The Bank uses a statistical model to analyze
                 menganalisis data yang dikumpulkan dan                  the collected data and produce an estimate of
                 menghasilkan perkiraan probability of default           the probability of default (PD) for the remaining
                 (PD) atas umur tersisa dan bagaimana hal ini            life and how this is expected to change as a
                 diperkirakan akan berubah sebagai akibat dari           result of the passage of time.
                 berlalunya waktu.
                 Analisis ini mencakup identifikasi dan kalibrasi        This analysis includes the identification and
                 hubungan antara perubahan tingkat gagal                 calibration of the relationship between changes
                 bayar dan perubahan dalam faktor-faktor                 in default rates and changes in key
                 makroekonomi utama pada risiko gagal bayar.             macroeconomic factors on the risk of default.
                 Untuk sebagian besar eksposur, indikator                For most exposures, the main macroeconomic
                 makro ekonomi utama meliputi: pertumbuhan               indicators include: GDP growth, benchmark
                 PDB, suku bunga acuan dan tingkat                       interest rates and the unemployment rate.
                 pengangguran.

                 Penentuan Terjadinya Peningkatan Risiko                 Determination of Significant Increase in
                 Kredit secara Signifikan                                Credit Risk
                 Bank menggunakan sejumlah kriteria untuk                The Bank uses several criteria for determining
                 menentukan telah terjadi peningkatan risiko             that credit risk has increased significantly.
                 kredit secara signifikan.


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               PT BANK MEGA TBK                                                                   PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                   (Continued)
               Untuk Tahun-tahun yang Berakhir                                                      For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                      December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                              (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                        Unless Otherwise Stated)

                        Kriteria tersebut ditetapkan menggunakan              The criteria are determined using qualitative
                        faktor kuantitatif dan kualitatif termasuk            and quantitative factors including determination
                        penentuan berdasarkan status hari tunggakan           based on arrear day status that can indicate
                        yang dapat mengindikasikan telah terjadi              significant increase in credit risk since initial
                        peningkatan risiko kredit yang signifikan             recognition.
                        terhadap saat awal diberikan.

                        Bank dimungkinkan menggunakan penilaian               The Bank can also use the judgment of credit
                        dari analis kredit dan pengalaman historis yang       analysts and, if possible, relevant historical
                        relevan, dalam menentukan bahwa eksposur              experience, in determining that the exposure
                        mungkin saja telah mengalami peningkatan              may have experienced a significant increase in
                        risiko kredit yang signifikan berdasarkan             credit risk based on certain qualitative
                        indikator kualitatif tertentu yang dianggap dapat     indicators that are considered to indicate the
                        mengindikasikan         hal    tersebut   dimana      effects may not be fully reflected in quantitative
                        pengaruhnya mungkin belum sepenuhnya                  analysis.
                        tercermin pada saat dilakukan analisis
                        kuantitatif.

                        Bank menentukan bahwa peningkatan risiko              The Bank determines that a significant
                        kredit secara signifikan belum terjadi apabila        increase in credit risk has not occurred if it is
                        masih kurang dari 30 hari tunggakan. Hari             still less than 30 days in arrears. Arrear days
                        tunggakan ditentukan dengan menghitung                are determined by counting the number of
                        jumlah hari sejak tanggal jatuh tempo awal            days from the initial due date where full
                        dimana pembayaran penuh belum diterima.               payment has not been received.

                        Bank memantau efektivitas kriteria yang               The Bank monitors the effectiveness of the
                        digunakan dalam mengidentifikasi peningkatan          criteria used in identifying significant increases
                        risiko kredit yang signifikan dengan cara reviu       in credit risk by periodic review.
                        berkala.

                        Modifikasi Aset Keuangan                              Modification of Financial Assets
                        Ketentuan     kontraktual     pinjaman     dapat      Loan contractual terms can be modified for a
                        dimodifikasi untuk beberapa alasan, termasuk          number of reasons, including changes in
                        perubahan kondisi pasar, retensi pelanggan            market conditions, customer retention and
                        dan faktor-faktor lain yang tidak terkait dengan      other factors not related to the current credit
                        penurunan kredit saat ini. Pinjaman yang              decline. Loans with modified contractual terms
                        ketentuan kontraktualnya dimodifikasi dapat           can cause the initial loan to be derecognized
                        menyebabkan pinjaman awal dihentikan                  and recognized the modified loan as a new
                        pengakuannya dan pinjaman hasil modifikasi            loan at fair value.
                        diakui sebagai pinjaman baru pada nilai wajar.

                        Ketika     ketentuan     kontraktual  pinjaman        When the contractual terms of the loan are
                        dimodifikasi      dan   tidak     mengakibatkan       modified and do not result in termination of
                        penghentian pengakuan, penentuan terjadinya           recognition, determining the occurrence of a
                        peningkatan risiko kredit secara signifikan           significant increase in credit risk is done by
                        dilakukan dengan cara membandingkan:                  comparing:
                        • Sisa PD sepanjang umur pada tanggal                 • PD remainder life at reporting date based
                            pelaporan berdasarkan ketentuan yang                 on modified provision; with
                            dimodifikasi; dengan
                        • Sisa PD sepanjang umur yang diestimasi              • Residual PD throughout the estimated age
                            berdasarkan data pada saat pengakuan                based on data at initial recognition and
                            awal dan ketentuan kontraktual awal.                initial contractual provisions.

                        Definisi Gagal Bayar (Default)                        Definition of Failed Payment (Default)
                        Bank menganggap aset keuangan             dalam       The Bank considers financial assets as default
                        keadaan default/gagal bayar ketika:                   when:


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         PT BANK MEGA TBK                                                                             PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                             (Continued)
         Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                        (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                  Unless Otherwise Stated)

                 • Debitur telah melewati jatuh tempo lebih dari                 • The debtors have past due more than 90
                   90 hari atas kewajiban kredit material                          days for any material credit obligations to
                   apapun kepada Bank.                                             the Bank.

                 Dalam menilai apakah debitur dalam keadaan                      In assessing whether a debtor is in default, the
                 default/gagal bayar, Bank mempertimbangkan                      Bank considers the following indicators:
                 indikator berikut:
                 • Kualitatif seperti pelanggaran persyaratan                    • Qualitative such as violations of the terms
                    perjanjian (covenants);                                        of the agreement (covenants);
                 • Kuantitatif seperti status tunggakan; dan                     • Quantitative such as arrears status; and
                 • Berdasarkan data yang dikembangkan                            • Based on data developed internally and
                    secara internal dan diperoleh dari sumber                      obtained from external sources.
                    eksternal.

                 Input, Asumsi, dan Teknik yang digunakan                        Inputs, Assumptions, and Techniques used
                 dalam mengestimasi penurunan nilai.                             in estimating impairment.

                 Penggunaan informasi perkiraan masa                             Use of forward-looking information
                 depan (forward-looking)
                 Bank menggunakan informasi forward-looking                      The Bank uses forward-looking information in
                 dalam menilai apakah telah terjadinya                           assessing whether there has been a significant
                 peningkatan risiko kredit secara signifikan dan                 increase in credit risk and measurement of
                 pengukuran kerugian kredit ekspektasian.                        expected credit losses. Based on advice from
                 Berdasarkan saran dari Komite Manajemen                         the Risk Management Committee and
                 Risiko dan pertimbangan berbagai informasi                      consideration of various actual information and
                 aktual    dan    perkiraan     eksternal,   Bank                external forecast, the Bank formulated a base
                 merumuskan pandangan dasar (base case)                          case for the movement of relevant economic
                 tentang pergerakan variabel ekonomi yang                        variables in future as well as forecasts of other
                 relevan dimasa depan serta perkiraan skenario                   possible scenarios. This process involves
                 lain yang mungkin terjadi. Proses ini meliputi                  developing two or more additional economic
                 pengembangan dua atau lebih skenario                            scenarios and considering the relative
                 ekonomi tambahan dan mempertimbangkan                           probabilities of the possible outputs. External
                 probabilitas relatif dari keluaran (output) yang                information includes economic data and
                 mungkin. Informasi eksternal mencakup data                      estimateds published by, such as government
                 ekonomi dan perkiraan yang diterbitkan oleh,                    agencies and selected private sector analysts.
                 seperti badan pemerintah dan analis sektor
                 swasta.

                 Pandangan dasar (base case) mencerminkan                        The base case reflects the output with the
                 keluaran dengan probabilitas yang paling                        highest probability. Another scenario, reflects
                 tinggi. Skenario yang lain, mencerminkan                        more optimistic outputs and more pessimistic
                 keluaran yang lebih optimis dan keluaran yang                   outputs.
                 lebih pesimis.

                 Skenario  ekonomi       yang     dirumuskan                     The economic scenario is formulated using the
                 menggunakan kisaran indikator utama berikut:                    following range of key indicators:

                                                                        2024                                    2025
                  Tingkat pengangguran/Unemployment   Kisaran antara 4.50% hingga 5.50%/      Kisaran antara 4.50% hingga 5.50%/
                                                      Range between 4.50% to 5.50%            Range between 4.50% to 5.50%
                  Suku bunga/Interest rates           Kisaran antara 5.75% hingga 6.25%/      Kisaran antara 4.75% hingga 6.00%/
                                                      Range between 5.75% to 6.25%            Range between 4.75% to 6.00%
                  Inflasi/Inflaton rate               Kisaran antara 1.50% hingga 3.50%/      Kisaran antara 1.50% hingga 3.50%/
                                                      Range between 1.50% to 3.50%            Range between 1.50% to 3.50%
                  Brent Oil Price                     Kisaran antara USD 70 hingga USD 95/    Kisaran antara USD 70 hingga USD 95/
                                                      Range between USD 70 to USD 95          Range between USD 70 to USD 95




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               PT BANK MEGA TBK                                                                         PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                         (Continued)
               Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                            December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                    (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                              Unless Otherwise Stated)

                        Pengukuran Kerugian Kredit Ekspektasian                  Measurement of Expected Credit Loss
                        Input utama dalam pengukuran kerugian kredit             The main inputs in measuring expected credit
                        ekspektasian adalah variabel berikut:                    loss are the following variables:
                        • Probability of default (PD)                            • Probability of default (PD)
                        • Loss of given default (LGD)                            • Loss of given default (LGD)
                        • Exposure at default (EAD)                              • Exposure at default (EAD)

                        Parameter ini umumnya berasal dari model                 These parameters generally come from
                        statistik yang dikembangkan secara internal              statistical models that are developed internally
                        dan data historis lainnya. Parameter ini                 and other historical data. This parameter is
                        disesuaikan untuk mencerminkan informasi                 adjusted to reflect forward-looking information.
                        forward-looking.

                        Estimasi PD adalah estimasi pada tanggal                 PD estimation is an estimate on a certain date,
                        tertentu, yang dihitung berdasarkan model                which is calculated based on a statistical
                        peringkat statistik, dan dinilai menggunakan             ranking model, and is assessed using a rating
                        rating yang disesuaikan dengan berbagai                  that is adjusted to various categories of
                        kategori dari debitur dan eksposur. Model                debtors and exposures. This statistical model
                        statistik ini didasarkan pada data yang disusun          is based on data compiled internally consisting
                        secara internal yang terdiri dari faktor kuantitatif     of quantitative and qualitative factors.
                        dan kualitatif.

                        LGD adalah besarnya kerugian jika terjadi                LGD is the amount of loss if there is a default.
                        gagal bayar. Parameter LGD diestimasi secara             LGD parameters are historically estimated
                        historis berdasarkan tingkat pemulihan atas              based on the level of recovery of claims
                        klaim terhadap debitur yang gagal bayar. Model           against debtors who default. The LGD model
                        LGD mempertimbangkan jaminan dan biaya                   considers collateral and the cost of recovering
                        pemulihan setiap jaminan yang merupakan                  any collateral that is an integral part of a
                        bagian integral dari aset keuangan.                      financial asset.

                        EAD merepresentasikan estimasi eksposur jika             EAD represents the estimated exposure in
                        terjadi gagal bayar. EAD suatu aset keuangan             case of default. EAD of a financial asset is the
                        adalah jumlah tercatat bruto. Untuk komitmen             gross carrying amount. For loan commitments
                        pinjaman dan jaminan keuangan, EAD                       and financial guarantees, EAD includes the
                        mencakup jumlah yang telah ditarik, serta                amount that has been withdrawn, as well as
                        jumlah potensial di masa depan yang akan                 potential future amounts to be withdrawn,
                        ditarik,   yang      diestimasi   berdasarkan            which are estimated based on historical
                        pengamatan       historis     dan    perkiraan           observations and forward-looking estimates.
                        berwawasan ke depan (forward-looking).

                        Ketika pemodelan parameter dilakukan secara              When parameter modeling is done collectively,
                        kolektif, instrumen keuangan dikelompokkan               financial instruments are Banked according to
                        berdasarkan kesamaan karakteristik risiko yang           the similarity of risk characteristics which
                        meliputi:                                                include:

                        •    Jenis instrumen;                                    •    Type of instrument;
                        •    Peringkat risiko kredit;                            •    Credit risk rating;
                        •    Jenis agunan;                                       •    Type of collateral;
                        •    Tanggal pengakuan awal;                             •    Date of initial recognition;
                        •    Sisa waktu jatuh tempo.                             •    Remaining due date.

                        a.   Analisis risiko kredit berdasarkan internal         a.    Credit risk analysis based on internal
                             rating    grades      diungkapkan     pada                rating grades is disclosed in Note 49m.
                             Catatan 49m.




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         PT BANK MEGA TBK                                                                               PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                               (Continued)
         Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                  December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                          (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                    Unless Otherwise Stated)

                       Cadangan kerugian kredit untuk aset                             Allowance for credit losses for financial
                       keuangan yang diklasifikasikan pada nilai                       assets classified as fair value through
                       wajar melalui penghasilan komprehensif                          other comprehensive income is not
                       lain tidak diakui pada laporan posisi                           recognized in the statement of financial
                       keuangan karena nilai tercatat aset                             position because the carrying value of the
                       keuangan tersebut adalah nilai wajar.                           financial assets is fair value.

                 b.    Analisis     risiko     kredit   berdasarkan              b.    Credit risk analysis based on probability of
                       probability of default:                                         default:

                                                                                 31 Desember/December 31, 2024
                                                                             Kerugian Kredit           Kerugian
                                                                               Sepanjang                 Kredit
                                                                                Umurnya               Sepanjang
                                                                                  Tidak                Umurnya
                                                                               Mengalami             Mengalami
                                                          Kerugian             Penurunan             Penurunan
                                                            Kredit                Nilai/                  Nilai/
                                                        Ekspektasian            Lifetime                Lifetime
                                                          12 Bulan/             ECL not              ECL-Credit           Jumlah/
                                                        12-Month ECL         Credit-Impaired           Impaired            Total
                       Kredit yang diberikan yang
                         diukur pada biaya perolehan
                         yang diamortisasi/Loans at
                         measured amortized cost
                       Kredit Non Bank/Loan from
                       Non-Bank
                         0,66% - 3,58%                         59,629,085              1,146,033                57,069        60,832,187
                         4,29% - 28,60%                           437,953                 20,309               858,126         1,316,388
                         5,89% - 64,24%                                 --               336,846                 1,908           338,754
                         11,98% - 84,29%                                --               937,879                 5,467           943,346
                         100,00%                                        --                 6,512             1,056,384         1,062,896
                       Kredit Bank/Loan from Bank
                         0,00%                                    161,081                      --                    --          161,081
                                                               60,228,119              2,447,579             1,978,954        64,654,652
                       Dikurangi/Less:
                       Pendapatan bunga yang
                         ditangguhkan/
                         Unearned interest income                                                                                   (9,371)
                       Cadangan kerugian kredit/
                         Loss allowance                         (187,886)               (95,291)             (381,700)          (664,877)
                       Nilai tercatat/Carrying amount                                                                         63,980,404




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               PT BANK MEGA TBK                                                                                           PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                           (Continued)
               Untuk Tahun-tahun yang Berakhir                                                                              For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                              December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                      (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                                Unless Otherwise Stated)

                                                                                                31 Desember/December 31, 2023
                                                                                            Kerugian Kredit           Kerugian
                                                                                              Sepanjang                 Kredit
                                                                                               Umurnya               Sepanjang
                                                                                                 Tidak                Umurnya
                                                                                              Mengalami             Mengalami
                                                                    Kerugian                  Penurunan             Penurunan
                                                                      Kredit                     Nilai/                  Nilai/
                                                                  Ekspektasian                 Lifetime                Lifetime
                                                                    12 Bulan/                  ECL not              ECL-Credit                               Jumlah/
                                                                  12-Month ECL              Credit-Impaired           Impaired                                Total
                              Kredit yang diberikan yang
                                diukur pada biaya perolehan
                                yang diamortisasi/Loans at
                                measured amortized cost
                              Kredit Non Bank/Loan from
                              Non-Bank
                                0,73% - 3,94%                            62,856,309                                                       13,460                 62,869,769
                                4,68% - 26,22%                            1,311,718                               --                         681                  1,312,399
                                6,23% - 60,34%                                                              342,091                        1,075                    343,166
                                12,01% - 19,80%                                                             669,879                        7,214                    677,093
                                100,00%                                                                                                1,019,750                  1,019,750
                              Kredit Bank/Loan from Bank
                                0,00%                                        82,542                              --                            --                    82,542
                                                                         64,250,569                      1,011,970                     1,042,180                 66,304,719
                              Dikurangi/Less:
                              Pendapatan bunga yang
                                ditangguhkan/
                                Unearned interest income                                                                                                               (11,823)
                              Cadangan kerugian kredit/
                                Loss allowance                               (283,361)                      (57,929)                   (263,526)                   (604,816)
                              Nilai tercatat/Carrying amount                                                                                                     65,688,080



                        c.    Analisis risiko kredit berdasarkan external                          c.    Credit risk analysis based on external
                              rating     grades      diungkapkan    pada                                 rating grades is disclosed in Note 49m.
                              Catatan 49m.

                        Analisis  Sensitivitas Kerugian Kredit                                     Sensitivity Analysis of Expected Credit
                        Ekspektasian Terhadap Kondisi Ekonomi                                      Loss for Future Economic Conditions
                        Masa Depan

                        Asumsi ekonomi yang disajikan berikut ini                                  The economic assumptions presented below
                        disusun secara internal untuk keperluan                                    are prepared internally for the purpose of
                        perhitungan kerugian kredit ekspektasian.                                  calculating expected credit losses.

                             Skenario Moderat/Moderate Scenario       2024                  2025                       2026                2027                  2028

                        Skenario Moderat/Moderate Scenario
                        Interbank                                            6.00%                 5.75%                      5.25%                 4.75%                4.25%
                        Brent                                                    85                    85                         85                    85                   85
                        Inflasi/Inflation                                    3.00%                 2.50%                      2.25%                 2.25%                2.25%
                        Tingkat pengangguran/Unemployment                    5.00%                 5.00%                      5.00%                 5.00%                5.00%

                        Skenario Optimis/Upside Scenario
                        Interbank                                            5.75%                 5.50%                      5.00%                 4.50%                4.00%
                        Brent                                                    80                    75                         75                    75                   75
                        Inflasi/Inflation                                    2.00%                 2.00%                      1.75%                 1.75%                1.75%
                        Tingkat pengangguran/Unemployment                    4.50%                 4.50%                      4.50%                 4.50%                4.50%

                        Skenario Pesimis/Downside Scenario
                        Interbank                                            6.25%                 6.00%                      5.50%                 5.00%                4.50%
                        Brent                                                    90                    90                         90                    90                   90
                        Inflasi/Inflation                                    4.00%                 3.75%                      3.50%                 3.50%                3.50%
                        Tingkat pengangguran/Unemployment                    5.50%                 5.50%                      5.50%                 5.50%                5.50%




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         PT BANK MEGA TBK                                                                                           PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                           (Continued)
         Untuk Tahun-tahun yang Berakhir                                                                              For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                              December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                                      (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                                Unless Otherwise Stated)

                                                                                                                Aset Keuangan
                                                                                                                  yang Diukur
                                                                                                                   pada Nilai
                                                                                                                  Wajar Melalui
                                                                                             Aset Keuangan        Penghasilan
                                                                                              yang Diukur        Komprehensif
                                                                                               pada Biaya        Lain/Financial
                                                                                              Perolehan di           Assets
                                                                                              Amortisasi /        Measured at
                                                                                                Financial          Fair Value
                                                                                                 Assets          through Other
                           Rasio Kerugian Kredit Ekspektasian Terhadap                        Measured at       Comprehensive
                                         Aset Keuangan/                                      Amortized Cost         Income          Total/Total
                                  ECL Ratio to Financial Assets                                  Rupiah              Rupiah           Rupiah
                  31 Desember/December 31, 2024
                    Kerugian kredit ekspektasian yang dilaporkan/
                      Reported expected credit losses                                                 659,179                 749           659,928
                    Nilai tercatat bruto/Gross carrying amount                                     66,441,733          45,748,127       112,189,860
                    Rasio kerugian kredit ekspektasian yang
                      dilaporkan terhadap nilai tercatat bruto/expected credit loss
                      ratio to gross carrying amount                                                    0.99%             0.002%              0.59%

                  31 Desember/December 31, 2023
                    Kerugian kredit ekspektasian yang dilaporkan/
                      Reported expected credit losses                                                 609,392                 844           610,236
                    Nilai tercatat bruto/Gross carrying amount                                     70,294,772          35,269,588       105,564,360
                    Rasio kerugian kredit ekspektasian yang
                      dilaporkan terhadap nilai tercatat bruto/expected credit loss
                      ratio to gross carrying amount                                                    0.87%             0.002%              0.58%



         48.     Standar Akuntansi dan Interpretasi Standar                                 48. Accounting Standard and Interpretation of
                 Akuntansi yang Telah Disahkan, tetapi                                          Accounting Standard which Has Issued but
                 Belum Berlaku Efektif                                                          Not Effective Yet

                  Standar baru dan amendemen atas standar                                       New standard and amendment to standard
                  yang berlaku efektif untuk tahun yang dimulai                                 which effective for year beginning on or after
                  pada atau setelah 1 Januari 2025, dengan                                      January 1, 2025, with early adoption is
                  penerapan dini diperkenankan yaitu:                                           permitted, are as follows:
                  • Amendemen PSAK 221: Pengaruh                                                • Amendments          PSAK    221:    Foreign
                     Perubahan Kurs Valuta Asing tentang                                           Exchange Rate regarding Lack of
                     Kekurangan Ketertukaran;                                                      Exchangeability;
                  • PSAK 117: Kontrak Asuransi; dan                                             • PSAK 117: Insurance Contract; and
                  • Amendemen PSAK 117: Kontrak Asuransi                                        • Amendments PSAK 117: Insurance
                     tentang Penerapan Awal PSAK 117 dan                                           Contract regarding Initial Application of
                     PSAK 109 – Informasi Komparatif.                                              PSAK 117 and PSAK 109 – Comparative
                                                                                                   Information.

                  Beberapa PSAK juga diamendemen yang                                           Several PSAKs were also amended which
                  merupakan       amendemen     konsekuensial                                   were consequential amendments due to the
                  karena berlakunya PSAK 117: Kontrak                                           enactment of PSAK 117: Insurance Contracts,
                  Asuransi, yaitu:                                                              as follows:
                  • PSAK 103: Kombinasi Bisnis                                                  • PSAK 103: Business Combinations
                  • PSAK 105: Aset Tidak Lancar yang                                            • PSAK 105: Non-Current Assets Held for
                     Dikuasai untuk Dijual dan Operasi yang                                        Sale and Discontinued Operations
                     Dihentikan
                  • PSAK       107:   Instrumen    Keuangan:                                     • PSAK     107:   Financial    Instruments:
                     Pengungkapan                                                                  Disclosures
                  • PSAK 109: Instrumen Keuangan                                                 • PSAK 109: Financial Instruments



                                                                                      167




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               PT BANK MEGA TBK                                                                       PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                       (Continued)
               Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                          December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                  (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                            Unless Otherwise Stated)

                        • PSAK 115: Pendapatan dari Kontrak                        • PSAK 115: Income from Contracts with
                          dengan Pelanggan                                           Customers
                        • PSAK 201: Penyajian Laporan Keuangan                     • PSAK 201: Presentation of Financial
                                                                                     Statements
                        •   PSAK 207: Laporan Arus Kas                             • PSAK 207: Statement of Cash Flows
                        •   PSAK 216: Aset Tetap                                   • PSAK 216: Fixed Assets
                        •   PSAK 219: Imbalan Kerja                                • PSAK 219: Employee Benefits
                        •   PSAK 228: Investasi pada Entitas Asosiasi              • PSAK 228: Investment in Associated
                            dan Ventura Bersama                                      Entities and Joint Ventures
                        •   PSAK     232:    Instrumen    Keuangan:                • PSAK        232:   Financial    Instruments:
                            Penyajian                                                Presentation
                        •   PSAK 236: Penurunan Nilai Aset                         • PSAK 236: Impairment of Asset
                        •   PSAK 237: Provisi, Liabilitas Kontinjensi              • PSAK       237:    Provisions,    Contingent
                            dan Aset Kontinjensi                                     Liabilities and Contigent Assets
                        •   PSAK 238: Aset Takberwujud                             • PSAK 238: Intangible Assets
                        •   PSAK 240: Properti Investasi                           • PSAK 240: Investment Property

                        Hingga tanggal laporan keuangan ini                       Until the date of the financial statements is
                        diotorisasi, Bank masih melakukan evaluasi                authorized, Bank is still evaluating the potential
                        atas dampak potensial dari penerapan                      impact of the adoption of new standards,
                        standar baru, amendemen standar, dan                      amendments to standards, and interpretations
                        interpretasi standar tersebut.                            of these standards.


                49.     Informasi    Tambahan   yang    Tidak                 49. Additional Information that is Not Required
                        Dipersyaratkan Oleh Standar Akuntansi                     by Indonesian Accounting Standars
                        Indonesia

                        Informasi tambahan berikut yang disajikan                 The following additional information presented
                        dibawah ini merupakan informasi yang                      below is information required by applicable
                        disyaratkan oleh regulasi yang berlaku dan                regulations and is not information required by
                        bukan/tidak    merupakan   informasi  yang                Indonesian Accounting Standards:
                        dipersyaratkan   oleh   Standar   Akuntansi
                        Indonesia:

                        a. Giro pada Bank Indonesia                               a. Current Accounts with Bank Indonesia

                            Bank dipersyaratkan untuk memiliki Giro                  The Bank is required to maintain minimum
                            Wajib Minimum (GWM) dalam mata uang                      statutory reserves (GWM) in Rupiah for
                            Rupiah dalam kegiatannya sebagai bank                    conventional    banking     activities  and
                            umum dan GWM dalam mata uang asing                       statutory reserves in foreign currencies for
                            dalam kegiatannya melakukan transaksi                    foreign exchange transactions.
                            mata uang asing.

                            GWM primer adalah simpanan minimum                       Primary minimum statutory reserve is a
                            yang wajib dipenuhi oleh Bank dalam                      minimum reserve that should be maintained
                            bentuk saldo rekening giro pada Bank                     by the Bank in current accounts with Bank
                            Indonesia.       Penyangga        Likuiditas             Indonesia. Macroprudential Liquidity Buffer
                            Makroprudensial (dahulu GWM sekunder)                    (formerly secondary minimum statutory
                            adalah cadangan minimum yang wajib                       reserve) which is the minimum reserves
                            dipelihara oleh Bank berupa Sertifikat Bank              that should be maintained by the Bank,
                            Indonesia (SBI), Surat Utang Negara                      comprised of Certificates of Bank Indonesia
                            (SUN), Surat Berharga Syariah Negara                     (SBI), Government Debenture Debt (SUN),
                            (SBSN), dan Sertifikat Rupiah Bank                       Sharia Government Securities (SBSN), and
                            Indonesia (SRBI). GWM Rasio Intermediasi                 Bank Indonesia Rupiah Securities (SRBI).
                            Makroprudensial (RIM) (dahulu GWM LFR)                   The minimum statutory reserve on

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         PT BANK MEGA TBK                                                               PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                               (Continued)
         Untuk Tahun-tahun yang Berakhir                                                  For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                  December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                          (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                    Unless Otherwise Stated)

                      adalah tambahan simpanan minimum yang           Macroprudential Intermediation Ratio (RIM)
                      wajib dipenuhi oleh Bank dalam bentuk           (formerly minimum statutory reserve on
                      saldo rekening giro pada Bank Indonesia,        LFR) is the additional reserve that should
                      jika RIM Bank di bawah minimum RIM              be maintained by the Bank in the form of
                      target Bank Indonesia (84%) atau jika di        current accounts with Bank Indonesia, if the
                      atas maksimum RIM target Bank Indonesia         Bank’s RIM is below the minimum of RIM
                      (94%) dan Kewajiban Penyediaan Modal            targeted by Bank Indonesia (84%) or if the
                      Minimum (KPMM) Bank lebih kecil dari            Bank’s RIM is above the maximum of RIM
                      KPMM Insentif Bank Indonesia sebesar            targeted by Bank Indonesia (94%) and the
                      14%.                                            Capital Adequacy Ratio (CAR) is below
                                                                      Bank Indonesia requirement of 14%.

                      Pada tanggal 31 Desember 2024 dan 2023,          As of December 31, 2024 and 2023, the
                      Giro Wajib Minimum (GWM) Bank telah              Bank's Statutory Reserves (GWM) have
                      sesuai dengan Peraturan Bank Indonesia           complied with Bank Indonesia Regulation
                      (PBI) No. 20/3/PBI/2018 tanggal 29 Maret         (PBI) No. 20/3/PBI/2018 dated March 29,
                      2018 tentang Giro Wajib Minimum Bank             2018 concerning Statutory Reserves for
                      Umum Dalam Rupiah dan Valuta Asing               Commercial Banks in Rupiah and Foreign
                      Bagi      Bank     Umum        Konvensional      Exchange for Banks Conventional General
                      sebagaimana telah diubah dengan PBI              as amended through PBI No.22/3/PBI/2020
                      No.22/3/PBI/2020 tanggal 24 Maret 2020;          dated     March       24,    2020;    PBI
                      PBI No.22/10/PBI/2020 tanggal 28 Juli            No.22/10/PBI/2020 dated July 28, 2020;
                      2020; PBI No.23/16/PBI/2021 tanggal 21           PBI No.23/16/PBI/2021 dated December
                      Desember 2021; dan terakhir kali melalui         21, 2021; and latest amendment through
                      PBI No.24/4/PBI/2022 tanggal 01 Maret            PBI No.24/4/PBI/2022 dated March 01,
                      2022 yang dijelaskan melalui Peraturan           2022 which explained by Regulation of the
                      Anggota     Dewan     Gubernur      (PADG)       Members of the Board of Governors
                      No.20/10/PADG/2018 tanggal 31 Mei 2018           (PADG) No. 20/10/PADG/2018 dated May
                      tentang Giro Wajib Minimum Bank Umum             31, 2018 concerning Statutory Reserves for
                      Konvensional, Bank Umum Syariah dan              Conventional Commercial Banks, Sharia
                      Unit Usaha Syariah sebagaimana telah             Commercial Banks and Sharia Business
                      diubah beberapa kali dengan PADG                 Units as amended through PADG
                      No.21/14/PADG/2019 tanggal 26 Juni 2019;         No.21/14/PADG/2019 dated June 26, 2019;
                      PADG No.21/27/PADG/2019 tanggal 26               PADG       No.21/27/PADG/2019       dated
                      Desember             2019;            PADG       December         26,      2019;    PADG
                      No.22/2/PADG/2020 tanggal 10 Maret               No.22/2/PADG/2020 dated March 10, 2020;
                      2020; PADG No.22/10/PADG/2020 tanggal            PADG No.22/10/PADG/2020 dated April 29,
                      29 April 2020; PADG No.22/19/PADG/2020           2020; PADG No.22/19/PADG/2020 dated
                      tanggal            29 Juli 2020; PADG            July 29, 2020; PADG No.23/27/PADG/2021
                      No.23/27/PADG/2021 tanggal 21 Desember           dated December 21, 2021; PADG
                      2021; PADG No.24/3/PADG/2022 tanggal             No.24/3/PADG/2022 dated March 01, 2022;
                      01 Maret 2022; dan terakhir kali melalui         PADG No.24/8/PADG/2022 dated June 30,
                      PADG No.24/8/PADG/2022 tanggal 30 Juni           2022; PADG No.2 year 2023 dated April 1,
                      2022; PADG Nomor 2 tahun 2023 tanggal 1          2023; and latest amendment through PADG
                      April 2023; dan terakhir kali melalui PADG       No.12 year 2023 dated October 1, 2023
                      Nomor 12 tahun 2023 tanggal 1 Oktober            which are as follows:
                      2023 yang masing-masing sebesar:




                                                                169




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               PT BANK MEGA TBK                                                                    PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                    (Continued)
               Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                       December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                               (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                         Unless Otherwise Stated)

                                                                   2024          2023
                             Rupiah                                                                                        Rupiah
                               - GWM Primer                              9.00%     9.00%                     Primary Reserves -
                               Harian                                    0.00%     0.00%                                   Daily
                               Rata-rata                                 9.00%     9.00%                               Average
                               - PLM (d/h GWM Sekunder)                  5.00%     5.00%      PLM (Formerly Statutory Reserve) -
                             Mata uang asing                                                                    Foreign currencies
                               - GWM Primer                              4.00%     4.00%                     Primary Reserves -
                               Harian                                    2.00%     2.00%                                   Daily
                               Rata-rata                                 2.00%     2.00%                               Average


                            Pada tanggal 31 Desember 2024 dan 2023,               As of December 31, 2024 and 2023, the
                            Bank     juga    harus   memenuhi     PBI             Bank must also comply with PBI
                            No.20/4/PBI/2018 tanggal 29 Maret 2018                No.20/4/PBI/2018 dated March 29, 2018
                            tentang Rasio Intermediasi Makroprudensial            concerning Macroprudential Intermediation
                            dan Penyangga Likuiditas Makroprudensial              Ratios and Macroprudential Liquidity
                            bagi Bank Umum Konvensional, Bank                     Buffers for Conventional Commercial
                            Umum Syariah, dan Unit Konvensional,                  Banks, Sharia Commercial Banks, and
                            Bank Umum Syariah dan Unit Usaha                      Conventional Units, Sharia Commercial
                            Syariah sebagaimana telah diubah dengan               Banks and Sharia Business Units as
                            PBI    No.21/12/PBI/2019     tanggal   26             amended through PBI No.21/12/PBI/2019
                            November 2019; PBI No.22/17/PBI/2020                  dated    November     26,   2019;    PBI
                            tanggal 01 Oktober 2020; dan terakhir kali            No.22/17/PBI/2020 dated October 01,
                            melalui PBI No.23/17/PBI/2021 tanggal 22              2020; and latest amendment through PBI
                            Desember 2021 yang dijelaskan melalui                 No. 23/17/PBI/2021 dated December 22,
                            Peraturan Anggota Dewan Gubernur                      2021 which explained by the Regulation of
                            No.21/22/PADG/2019 tanggal 28 November                Members of the Board of Governors
                            2019 yang telah diubah dengan PADG                    No.21/22/PADG/2019 dated November 28,
                            No.22/30/PADG/2020 tanggal 05 Oktober                 2019 which has been amended through
                            2020; PADG No.23/7/PADG/2021 tanggal                  PADG No.22/30/PADG/2020 dated October
                            28 April 2021; PADG No.24/14/PADG/2022                05, 2020; No.23/7/PADG/2021 dated April
                            tanggal 1 November 2022; PADG Nomor 10                28, 2021; PADG No.24/14/PADG/2022
                            tahun 2023 tanggal 14 September 2023;                 dated November 1, 2022; PADG No.10
                            dan terakhir kali diubah dengan PADG                  year 2023 dated September 14, 2023; and
                            Nomor 18 tahun 2023 tanggal 1 Desember                latest amendment through PADG No.18
                            2023.                                                 year 2023 dated December 1, 2023.

                            Bank juga mendapatkan insentif likuiditas             Banks also receive macroprudential
                            makroprudensial    berdasarkan     PADG               liquidity incentives based on PADG
                            No.24/12/PADG/2022 tertanggal 20 Juli                 No.24/12/PADG/2022 dated July 20, 2022
                            2022 sebagaimana diubah dengan PADG                   as amended by PADG No.11 of 2023 dated
                            No.11 tahun 2023 tanggal 27 September                 September 27, 2023 and PADG No.4 of
                            2023 dan PADG No. 4 tahun 2024 tanggal                2024 dated May 22, 2024 concerning
                            22 Mei 2024 tentang perubahan atas PADG               amendments to PADG No 11 of 2023
                            No 11 tahun 2023 tentang Peraturan                    concerning Implementation Regulations for
                            Pelaksanaan Kebijakan Insentif Likuiditas             Macroprudential     Liquidity  Incentive
                            Makroprudensial.                                      Policies.




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Page 554
         PT BANK MEGA TBK                                                                              PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                              (Continued)
         Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                 December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                         (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                   Unless Otherwise Stated)

                      Rasio GWM Bank pada tanggal 31                                  As of December 31, 2024 and 2023, the
                      Desember 2024 dan 2023 adalah sebagai                           GWM ratios of the Bank are as follows
                      berikut (tidak diaudit):                                        (unaudited):

                                                                     2024           2023
                       Rupiah                                                                                                     Rupiah
                         - GWM Primer                                   9.55%         8.09%                         Primary Reserves -
                           Harian                                       0.00%         0.00%                                     Daily
                           Rata-rata *)                                 7.95%         6.88%                                 Average
                         - RIM (d/h GWM LFR)                            1.60%         1.21%               RIM (Formerly LFR Reserve) -
                         - PLM (d/h GWM Sekunder)                      51.11%        39.94%        PLM (Formerly Secondary Reserves) -
                       Mata uang asing                                                                                 Foreign currencies
                         - GWM Primer                                      4.12%      4.05%                         Primary Reserves -
                           Harian                                          2.12%      2.00%                                     Daily
                           Rata-rata                                       2.00%      2.05%                                 Average


                       *) Perhitungan GWM rata-rata 31 Desember 2024                  *) The calculation of the average of the Minimum
                          dan 2023 telah memperhitungkan insentif sektor                 Statutory Reserve requirement for December 31,
                          prioritas dan insentif RPIM yang diterima oleh                 2024 and 2023 has taken into account priority
                          Bank dengan total masing-masing sebesar 2,00%                  sector incentives and RPIM incentives received by
                          dan 2,20%. Dengan demikian, Bank telah                         the Bank by total amounted to 2.00% and 2.20%,
                          memenuhi ketentuan Bank Indonesia.                             respectively. Thus, the Bank has complied with
                                                                                         Bank Indonesia regulations.

                      Pengungkapan lebih lanjut giro pada Bank                       The further disclosures on current accounts
                      Indonesia diungkapkan pada Catatan 5                           with Bank Indonesia are presented in
                                                                                     Note 5.

                  b. Giro pada Bank Lain                                           b. Current Accounts with Other Banks

                      Seluruh giro pada bank lain pada tanggal                       All current accounts with other banks as of
                      31      Desember       2024 dan    2023                        December 31, 2024 and 2023 are classified
                      diklasifikasikan lancar.                                       as current.

                      Pengungkapan lebih lanjut giro pada bank                       The further disclosures on current accounts
                      lain diungkapkan pada Catatan 6.                               with other banks are presented in Note 6.

                  c. Penempatan pada Bank Indonesia dan                            c. Placements with Bank Indonesia and
                     Bank Lain                                                        Other Banks

                      Seluruh penempatan pada Bank Indonesia                         All placements with Bank Indonesia and
                      dan bank lain pada tanggal 31 Desember                         other banks as of December 31, 2024 and
                      2024 dan 2023 diklasifikasikan lancar.                         2023 are classified as current.

                      Pengungkapan lebih lanjut penempatan                           The further disclosures on placements with
                      pada Bank Indonesia dan bank lain                              Bank Indonesia and other banks are
                      diungkapkan pada Catatan 7.                                    presented in Note 7.

                  d. Efek-Efek                                                     d. Securities

                      Seluruh       efek-efek     pada   tanggal                     All securities as of December 31, 2024 and
                      31      Desember       2024    dan   2023                      2023 are classified as current.
                      diklasifikasikan lancar.

                      Pengungkapan lebih lanjut              efek-efek               The further disclosures on securities are
                      diungkapkan pada Catatan 8.                                    presented in Note 8.




                                                                       171




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Page 555
               PT BANK MEGA TBK                                                                                          PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                          (Continued)
               Untuk Tahun-tahun yang Berakhir                                                                             For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                             December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                     (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                               Unless Otherwise Stated)

                        e. Efek-Efek yang Dibeli dengan Janji Dijual                                e. Securities Purchased Under Agreement
                           Kembali                                                                     to Resell

                            Seluruh efek-efek yang dibeli dengan janji                                  All securities purchased under agreement
                            dijual kembali pada tanggal 31 Desember                                     to resell as of December 31, 2024 and 2023
                            2024 dan 2023 diklasifikasikan lancar.                                      are classified as current.
                            Pengungkapan lebih lanjut tagihan dan                                       The further disclosures on derivatives
                            liabilitas derivatif   diungkapkan     pada                                 receivable and payable are presented in
                            Catatan 9.                                                                  Note 9.

                        f. Tagihan dan Liabilitas Derivatif                                         f. Derivatives Receivable and Payable

                            Seluruh tagihan dan liabilitas derivatif pada                               All securities as of December 31, 2024 and
                            tanggal 31 Desember 2024 dan 2023                                           2023 are classified as current.
                            diklasifikasikan lancar.

                            Pengungkapan lebih lanjut tagihan dan                                       The further disclosures on derivatives
                            liabilitas derivatif diungkapkan pada                                       receivable and payable are presented in
                            Catatan 10.                                                                 Note 10.

                        g. Kredit yang Diberikan                                                    g. Loans

                            Berdasarkan               kolektibilitas           sesuai                   By    Financial     Service       Authority
                            Peraturan OJK                                                               Regulation collectibility

                                                                                     31 Desember/December 31,
                                                                           2024                                   2023
                                                                                    Cadangan                               Cadangan
                                                                                     Kerugian                               Kerugian
                                                                                    Penurunan                              Penurunan
                                                                                       Nilai/                                 Nilai/
                                                                                  Allowance for                          Allowance for
                                                                Pokok/             Impairment          Pokok/             Impairment
                                                               Principal              Losses          Principal              Losses

                             Lancar                               54.836.923              176.696        62.242.237             176.009            Current
                             Dalam perhatian khusus                8.728.172              186.261         3.020.302             165.281    Special mention
                             Kurang lancar                            69.158               24.448            79.162              22.912      Substandard
                             Diragukan                               118.971               43.852           203.301              58.251           Doubtful
                             Macet                                   901.428              233.620           759.717             182.363              Loss
                             Total                                64.654.652              664.877        66.304.719             604.816              Total



                            Rasio kredit bermasalah               Bank         adalah                   The Bank’s non performing loan ratios are
                            sebagai berikut:                                                            as follows:

                                                                                  2024                    2023
                             Bruto                                                       1.69%                    1.57%                          Gross
                             Bersih                                                      1.22%                    1.18%                            Net


                            Pada tanggal 31 Desember 2024 dan 2023,                                     As of December 31, 2024 and 2023, loans
                            pinjaman direksi dan karyawan Bank                                          to the Bank’s director and employees are
                            tersebut digolongkan lancar.                                                classified as current.

                            Kredit yang direstrukturisasi                                               Restructured loans

                            Berikut ini adalah jenis dan jumlah kredit                                  Below are the types and amounts of
                            yang      telah    direstrukturisasi  per                                   restructured loans as of 31 December 2024
                            31 Desember 2024 dan 2023:                                                  and 2023:




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Page 556
         PT BANK MEGA TBK                                                                                         PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                         (Continued)
         Untuk Tahun-tahun yang Berakhir                                                                            For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                            December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                                    (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                              Unless Otherwise Stated)


                                                                          2024                    2023
                       Kredit yang direstrukturisasi                         2,927,917                  3,401,313                               Restructuring loan
                       Cadangan kerugian penurunan nilai                     (241,854)                  (222,673)                 Allowance for impairment losses
                       Total                                                 2,686,063                  3,178,640                                            Total


                      Termasuk dalam saldo 31 Desember 2024                                      Included in the balance of December 31,
                      dan 2023, kredit yang direstrukturisasi                                    2024 and 2023, restructured loans
                      masing-masing sebesar Rp511.867 dan                                        amounting to Rp511,867 and Rp1,017,338,
                      Rp1.017.338 merupakan kredit yang                                          respectively, which are restructured loans
                      direstruktur terkait dampak dari pandemi                                   related to the impact of the Covid-19
                      Covid-19.                                                                  pandemic.

                      Pinjaman bermasalah dan cadangan                                           Non-performing loans and allowance for
                      kerugian penurunan nilai berdasarkan                                       impairment losses by economic sector
                      sektor ekonomi

                                                                             31 Desember/December 31,
                                                                   2024                                    2023
                                                                            Cadangan                                Cadangan
                                                                             Kerugian                                Kerugian
                                                                            Penurunan                               Penurunan
                                                                              Nilai/                                  Nilai/
                                                                          Allowance for                           Allowance for
                                                        Pokok/             Impairment          Pokok/              Impairment
                                                       Principal             Losses           Principal              Losses
                      Pengangkutan,
                        pergudangan                                                                                                           Transportation, warehouse
                        dan komunikasi                       226,141               77,450           247,387                77,459                  and communication
                      Jasa usaha                             213,730               63,744           197,196                56,489                   Business services
                      Konstruksi                             198,200               13,817           153,558                14,560                            Construction
                      Pertambangan                            62,243               23,615            62,242                22,936                                  Mining
                      Perdagangan, restoran                                                                                                           Trading, restaurant
                        dan perhotelan                       148,702               32,937           150,773                13,465                             and hotel
                      Jasa sosial                             11,722                3,536             8,078                 1,463                         Social services
                      Perindustrian                           21,234               15,574            17,043                 6,876                               Industrial
                      Pertanian, perburuan                                                                                                       Agriculture, hunting and
                        dan sarana pertanian                     276                   90                 --                    --            agriculture improvement
                      Lain-lain                              207,309               71,157           205,903                70,278                                  Others
                      Total                                1,089,557              301,920         1,042,180               263,526                                   Total



                      Pada tanggal 31 Desember 2024 dan 2023,                               As of December 31, 2024 and 2023, there
                      tidak   terdapat    pelanggaran    maupun                             were no any breach nor violation of Legal
                      pelampauan Batas Maksimum Pemberian                                   Lending Limit (LLL) to related parties and third
                      Kredit (BMPK) kepada pihak berelasi dan                               parties as required by The Financial Services
                      pihak ketiga sesuai dengan peraturan yang                             Authority regulations.
                      ditetapkan Otoritas Jasa Keuangan.

                      Pengungkapan lebih lanjut pada kredit yang                                 The further disclosures on loans are
                      diberikan      diungkapkan            pada                                 presented in Note 11.
                      Catatan 11.

                  h. Tagihan Akseptasi                                                      h. Acceptance Receivable

                      Seluruh tagihan akseptasi pada tanggal 31                                  All Acceptance Receivable as of 31
                      Desember 2024 dan 2023 diklasifikasikan                                    December, 2024 and 2023 are classified as
                      lancar.                                                                    current.

                      Pengungkapan lebih lanjut tagihan dan                                      The further disclosures on acceptance
                      liabilitas akseptasi diungkapkan pada                                      receivable and payable are presented in
                      Catatan 12.                                                                Note 12.



                                                                                 173




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Page 557
               PT BANK MEGA TBK                                                                                                           PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                                            NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                                           (Continued)
               Untuk Tahun-tahun yang Berakhir                                                                                              For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                                              December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                                      (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                                                Unless Otherwise Stated)

                        i. Aset Lain-lain                                                                           i. Other Assets

                            Pada tanggal 31 Desember 2024 dan 2023,                                                         As of December 31, 2024 and 2023,
                            agunan yang diambil alih berdasarkan                                                            foreclosed assets based on collectibility are
                            kolektibilitas adalah sebagai berikut:                                                          as follows:

                                                                                           2024                             2023
                             Lancar                                                                 32,890                       633,910                                             Current
                             Kurang lancar                                                         761,534                       137,450                                       Sub standard
                             Diragukan                                                             529,072                       554,306                                            Doubtful
                             Macet                                                                  10,937                        10,937                                                Loss
                             Saldo akhir tahun                                                   1,334,433                     1,336,603                                      Ending balance
                             Cadangan kerugian penurunan nilai                                    (10,185)                         (9,525)                 Allowance for impairment losses
                             Neto                                                                1,324,248                     1,327,078                                                           Net


                            Pengungkapan lebih lanjut pada aset lain-                                                       The further disclosures on other assets are
                            lain diungkapkan pada Catatan 14.                                                               presented in Note 14.

                        j. Obligasi Subordinasi                                                                     j. Subordinated Bonds

                            Penerbitan obligasi subordinasi tersebut                                                        The issuance of the subordinated bonds is
                            untuk    memenuhi     ketentuan    POJK                                                         to comply with the provisions of POJK
                            No.14/POJK.03/ 2017 tanggal 4 April 2017                                                        No.14/POJK.03/2017 dated April 4, 2017
                            tentang Rencana Aksi (Recovery Plan) Bagi                                                       concerning the Recovery Plan Report for
                            Bank Sistemik.                                                                                  Systemic Bank.

                            Pengungkapan      lebih  lanjut   obligasi                                                      The further disclosures on subordinated
                            subordinasi diungkapkan pada Catatan 23.                                                        bonds are presented in Note 23.

                        k. Aset dan Liabilitas Moneter dalam Mata                                                   k. Assets and Liabilities Denominated in
                           Uang Asing                                                                                  Foreign Currency

                            Posisi Devisa Neto (“PDN”) Bank adalah                                                          The Bank’s Net Open Position (“NOP”) was
                            sebagai berikut:                                                                                as follows:

                                                                                                 31 Desember/December 31, 2024
                                                                     Mata uang asing
                                                                   (dalam nilai penuh)/
                                                                   Foreign currencies
                                                                     (in full amount)                              Ekuivalen Rupiah/Equivalent in Rupiah
                                                                                                                                                     Posisi Devisa
                                                                                                                                                         Neto/
                                                               Aset/               Liabilitas/               Aset/               Liabilitas/           Net Open
                                                              Assets               Liabilities              Assets              Liabilities            Position

                             Dolar Amerika Serikat             1,131,307,018         1,135,007,915             18,208,386            18,267,952                59,566              United States Dollar
                             Yen Jepang                       14,802,502,018        14,823,019,568              1,525,102             1,527,216                 2,114                     Japanese Yen
                             Dolar Singapura                      26,693,030            26,813,596                316,168               317,596                 1,428                   Singapore Dollar
                             Euro Eropa                            5,472,709             5,365,412                 91,712                89,914                 1,798                    European Euro
                             Dolar Hong Kong                       1,090,373             1,553,727                  2,260                 3,221                   961                 Hong Kong Dollar
                             Dolar Selandia Baru                     418,086               413,777                  3,791                 3,752                    39               New Zealand Dollar
                             Poundsterling Inggris                 1,983,722             1,959,163                 40,108                39,611                   497        Great Britain Poundsterling
                             Yuan China                           44,811,996            44,545,660                 98,810                98,223                   587                     Chinese Yuan
                             Franc Swiss                              68,102                50,822                  1,213                   905                   308                       Swiss Franc
                             Dolar Australia                      33,012,381            33,322,555                330,570               333,676                 3,106                   Australian Dollar
                                                                                                               20,618,120            20,682,066                70,404
                             Total Modal Tier I dan Tier II
                               bulan Desember 2024, setelah                                                                                                             Total Tier I and Tier II Capital of
                               dikurangi dengan modal                                                                                                                   December 2024 net of capital
                               pengurang                                                                                                                   20,668,092                        deduction

                             Rasio PDN                                                                                                                         0.34%                           NOP Ratio




                                                                                                     174




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Page 558
         PT BANK MEGA TBK                                                                                                         PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                                          NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                                         (Continued)
         Untuk Tahun-tahun yang Berakhir                                                                                            For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                                            December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                                                    (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                                              Unless Otherwise Stated)
                                                                                         31 Desember/December 31, 2023
                                                             Mata uang asing
                                                           (dalam nilai penuh)/
                                                           Foreign currencies
                                                             (in full amount)                              Ekuivalen Rupiah/Equivalent in Rupiah
                                                                                                                                             Posisi Devisa
                                                                                                                                                 Neto/
                                                        Aset/              Liabilitas/               Aset/               Liabilitas/           Net Open
                                                       Assets              Liabilities              Assets              Liabilities            Position

                      Dolar Amerika Serikat              933,156,369           941,456,794             14,367,809            14,495,610               127,801              United States Dollar
                      Yen Jepang                       2,885,764,031         3,073,889,649                314,188               334,670                20,482                     Japanese Yen
                      Dolar Singapura                      8,153,001             8,882,993                 95,197               103,721                 8,524                   Singapore Dollar
                      Euro Eropa                           7,984,589             7,999,796                136,044               136,303                   259                    European Euro
                      Dolar Hong Kong                      1,792,577             1,562,064                  3,533                 3,078                   455                 Hong Kong Dollar
                      Dolar Selandia Baru                    200,682               370,327                  1,960                 3,616                 1,656               New Zealand Dollar
                      Poundsterling Inggris                4,646,078             4,614,507                 91,187                90,567                   620        Great Britain Poundsterling
                      Yuan China                           5,233,201             5,516,419                 11,356                11,971                   615                     Chinese Yuan
                      Franc Swiss                             63,813                79,392                  1,168                 1,453                   285                       Swiss Franc
                      Dolar Australia                     22,411,209            22,484,754                235,783               236,557                   774                   Australian Dollar
                                                                                                       15,258,225            15,417,546               161,471
                      Total Modal Tier I dan Tier II
                        bulan Desember 2023, setelah                                                                                                            Total Tier I and Tier II Capital of
                        dikurangi dengan modal                                                                                                                  December 2023 net of capital
                        pengurang                                                                                                                  21,629,212                        deduction

                      Rasio PDN                                                                                                                        0.75%                           NOP Ratio



                      Berdasarkan peraturan BI mengenai PDN                                                         In accordance with BI regulation concerning
                      sebagaimana       telah    direvisi     melalui                                               NOP as amended by BI Regulation No.
                      Peraturan BI No. 6/20/PBI/2004 pada                                                           6/20/PBI/2004 on July 15, 2004 and as
                      tanggal 15 Juli 2004, yang terakhir                                                           further amended by BI Regulation No.
                      diperbarui dengan Peraturan BI No.                                                            12/10/PBI/2010 dated July 1, 2010, the
                      12/10/PBI/2010 tanggal 1 Juli 2010, PDN                                                       maximum NOP of banks should be at the
                      bank setinggi-tingginya adalah 20% dari                                                       most 20% of capital. NOP represents an
                      modal. PDN merupakan jumlah absolut dari                                                      absolute     amount    arising   from   the
                      selisih antara aset dan liabilitas dalam mata                                                 differences between the assets and
                      uang asing, baik yang terdapat di laporan                                                     liabilities in foreign currencies in the
                      posisi    keuangan      maupun        rekening                                                statements of financial position and
                      administratif. PDN Bank pada tanggal 31                                                       administrative accounts. The NOP of the
                      Desember 2024 dan 2023 telah memenuhi                                                         Bank as of December 31, 2024 and 2023 is
                      ketentuan BI.                                                                                 in compliance with BI regulations.

                  l. Manajemen Modal dan Rasio Kewajiban                                                    l. Capital Management And Minimum
                     Penyediaan Modal Minimum                                                                  Required Capital Adequacy Ratio (CAR)
                     Dalam pengelolaan modal, Bank diwajibkan                                                  In capital management, the Bank is
                     untuk menjaga dan menguatkan posisi                                                       required to maintain and strengthen the
                     modal yang mendukung pertumbuhan                                                          capital position that supports business
                     bisnis serta menjaga kepercayaan investor,                                                growth and maintains the confidence of
                     deposan,      pelanggan,        dan      pasar                                            investors, depositors, customers and the
                     sebagaimana tercermin dari implementasi                                                   market as reflected in the implementation of
                     POJK       No.11/POJK/03/2016          tentang                                            POJK      No.11/POJK/03/2016      regarding
                     Kewajiban Penyediaan Modal Minimum                                                        Minimum Capital Adequacy Ratio for
                     untuk Bank Umum sebagaimana diubah                                                        Commercial Banks as latest amended with
                     terakhir kali melalui POJK No. 27 tahun                                                   POJK No. 27 year 2022. The Bank has
                     2022.    Bank     telah    memperhitungkan                                                taken into account on this regulation in
                     peraturan ini dalam mengevaluasi dan                                                      evaluating and managing its capital
                     mengelola       kecukupan           modalnya.                                             adequacy. The Bank's implementation of
                     Implementasi Bank terhadap peraturan ini                                                  this regulation is proof of the Bank's
                     menjadi bukti komitmen Bank untuk                                                         commitment to maintain a strong and
                     menjaga struktur modal yang kuat dan                                                      resilient capital structure, in accordance
                     tangguh, sesuai dengan persyaratan                                                        with regulatory requirements and industry
                     regulasi dan praktik terbaik industri.                                                    best practices.
                      Berdasarkan POJK No.11/POJK/03/2016                                                           Based on POJK No.11/POJK/03/2016
                      tentang Kewajiban Penyediaan Modal                                                            regarding Minimum Capital Adequacy Ratio
                      Minimum untuk Bank Umum sebagaimana                                                           for Commercial Banks as latest amended
                      diubah terakhir kali melalui POJK No. 27                                                      with POJK No. 27 year 2022, the Bank
                      tahun 2022, Bank membagi modal menjadi                                                        divides its capital into two parts:
                      2 (dua) bagian yang terdiri atas:

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Page 559
               PT BANK MEGA TBK                                                               PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                               (Continued)
               Untuk Tahun-tahun yang Berakhir                                                  For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                  December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                          (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                    Unless Otherwise Stated)

                            Modal Tier 1 yang meliputi modal inti utama     Tier 1 capital which includes primary core
                            (Common Equity Tier 1) dan modal inti           capital (Common Equity Tier 1) and
                            tambahan (Additional Tier 1).                   additional core capital (Additional Tier 1).
                            Modal Tier 2.                                   Tier 2 capital.

                            Dalam konteks perhitungan kecukupan             In the context of calculating capital
                            modal, Bank diwajibkan untuk menghitung         adequacy, Bank is required to calculate
                            Aset Tertimbang Menurut Risiko (ATMR)           Risk-Weighted      Assets   (RWA)        for
                            untuk risiko Operasional, Pasar, dan Kredit     Operational, Market, and Credit risks as a
                            sebagai komponen dalam perhitungan              component in the calculation of Capital
                            Kewajiban Penyediaan Modal Minimum              Adequacy Ratio (CAR). In order to calculate
                            (KPMM). Dalam rangka menghitung beban           the capital charge and RWA for operational
                            modal dan ATMR risiko operasional, Bank         risk,   Bank     currently  applies     the
                            saat ini telah menerapkan metode                Standardized Approach (SA) in accordance
                            Standardized Approach (SA) sesuai SEOJK         with SEOJK No. 6/SEOJK.03/2020.
                            No. 6/SEOJK.03/2020.

                            Selain itu, Bank juga telah melakukan Uji       Furthermore, Bank has also conducted 2
                            Coba sebanyak 2 kali untuk melakukan            trial runs for the calculation of operational
                            perhitungan beban modal risiko operasional      risk capital charge using the Standardized
                            dengan menggunakan Pendekatan Standar           Approach (SA) in accordance with the
                            sesuai dengan ketentuan SEOJK Nomor             provisions      of    SEOJK       No.     06/
                            06/SEOJK/03/ 2020 tentang Perhitungan           SEOJK/03/2020 on the Calculation of Risk-
                            Aset Tertimbang Menurut Risiko (ATMR)           Weighted Assets (RWA) for Operational
                            untuk     Risiko     Operasional    dengan      Risk using the Standardized Approach,
                            menggunakan Pendekatan Standar yang             which has been effective in January 2023.
                            telah efektif diterapkan pada bulan Januari
                            2023.

                            Untuk perhitungan ATMR Risiko Pasar,            For the calculation of RWA for market risk,
                            Bank menggunakan Pendekatan Standar             Bank uses the standardized approach,
                            (Standardized Approach) yang mengacu            which refers to SEOJK No.23/SEOJK.
                            pada     SEOJK     No.23/SEOJK.03/2022          03/2022 on the Calculation of Risk-
                            tentang Perhitungan Aset Tertimbang             Weighted Assets for Market Risk for
                            Menurut Risiko Untuk Risiko Pasar Bagi          Commercial Banks.
                            Bank Umum.

                            Dalam perhitungan ATMR Risiko Kredit,           In the calculation of RWA for credit risk, the
                            penyusunan dan perhitungan ATMR                 preparation and calculation of RWA refers
                            mengacu    pada     SEOJK           No.         to SEOJK No.24/SEOJK.03/2021 on the
                            24/SEOJK.03/2021 tentang Perhitungan            Calculation of Risk-Weighted Assets for
                            Aset Tertimbang Menurut Risiko untuk            Credit Risk using the Standardized
                            Risiko  Kredit   dengan    Menggunakan          Approach which has adopted Basel 3
                            Pendekatan     Standar     yang   telah         reforms.
                            mengadopsi Basel 3 reform.

                            Kewajiban Bank dalam penyediaan modal           The Bank's obligation in providing minimum
                            minimum sesuai profil risiko sebagaimana        capital according to risk profile as regulated
                            diatur dalam POJK No.11/POJK/03/2016            in POJK No.11/POJK/03/2016 regarding
                            tentang Kewajiban Penyediaan Modal              Minimum Capital Adequacy Ratio for
                            Minimum untuk Bank Umum sebagaimana             Commercial Banks as latest amended with
                            diubah terakhir kali melalui POJK No. 27        POJK No. 27 year 2022 is as follows:
                            tahun 2022 adalah sebagai berikut:
                            a. 8% dari ATMR untuk Bank dengan profil         a. 8% of the RWA for Bank with a risk
                               risiko peringkat 1;                              profile rating of 1;



                                                                      176




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Page 560
         PT BANK MEGA TBK                                                                      PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                      (Continued)
         Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                         December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                 (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                           Unless Otherwise Stated)

                      b. 9% s.d kurang dari 10% dari ATMR                     b. 9% until less than 10% of the RWA for
                         untuk Bank dengan profil risiko                         bank with a risk profile rating of 2;
                         peringkat 2;
                      c. 10% s.d kurang dari 11% dari ATMR                    c. 10% until less than 11% of the RWA for
                         untuk Bank dengan profil risiko                         bank with a risk profile rating of 3;
                         peringkat 3;
                      d. 11% s.d 14% dari ATMR untuk Bank                     d. 11% until 14% of RWA for bank with risk
                         dengan profil risiko peringkat 4 atau                   profile ratings of 4 or 5.
                         peringkat 5.

                      Pada tanggal 31 Desember 2024 dan 2023                 As of December 31, 2024 and 2023, the
                      rasio    Kewajiban    Penyediaan   Modal               ratio of Capital Adequacy Ratio (CAR) for
                      Minimum      (KPMM)       Bank   dihitung              the bank is calculated based on POJK
                      berdasarkan POJK No.11/POJK/03/2016                    No.11/POJK/03/2016 regarding Minimum
                      tentang Kewajiban Penyediaan Modal                     Capital Adequacy Ratio for Commercial
                      Minimum untuk Bank Umum sebagaimana                    Banks as latest amended with POJK No. 27
                      diubah terakhir kali melalui POJK No. 27               year 2022 with the following calculation:
                      tahun 2022 dengan perhitungan sebagai
                      berikut:

                                                               2024           2023
                       Bank                                                                                                Bank
                       Dengan memperhitungkan risiko
                        kredit, resiko pasar dan risiko                                         With credit risk, market risk and
                        operasional                                                                            operational risk
                          - Aset Tertimbang Menurut Risiko      80,189,443     82,661,131        Risk Weighted Average -
                          - Jumlah modal                        20,668,092     21,629,212                      Total capital -
                          - Rasio Kewajiban Penyediaan
                             Modal Minimum                         25.77%         26.17%          Capital Adequacy Ratio -


                      Berdasarkan POJK No.11/POJK/03/2016                    Based on POJK No.11/POJK/03/2016
                      tentang Kewajiban Penyediaan Modal                     regarding Minimum Capital Adequacy Ratio
                      Minimum untuk Bank Umum sebagaimana                    for Commercial Banks as latest amended
                      diubah terakhir kali melalui POJK No. 27               with POJK No. 27 year 2022, the Bank is
                      tahun 2022, Bank wajib membentuk                       required to establish additional capital as a
                      tambahan modal sebagai penyangga                       buffer, as follows:
                      (buffer), sebagai berikut:
                      a. Capital Conservation Buffer adalah                  a. Capital Conservation Buffer is an
                         tambahan modal yang berfungsi sebagai                  additional capital which serves as a
                         penyangga (buffer) apabila terjadi                     buffer in the event of a loss in the period
                         kerugian pada periode krisis;                          of crisis;
                      b. Countercyclical Buffer adalah tambahan              b. Countercyclical Buffer is an additional
                         modal       yang       berfungsi     untuk             capital which serves to anticipated
                         mengantisipasi kerugian apabila terjadi                losses in the event of excessive credit
                         pertumbuhan kredit perbankan yang                      growth and thus potentially disrupt the
                         berlebihan       sehingga        berpotensi            stability of the financial system;
                         mengganggu stabilitas sistem keuangan;
                      c. Capital Surcharge untuk Domestic                    c. Capital    Surcharge    for     Domestic
                         Systemically Important Bank (D-SIB)                    Systemically Important Banks (D-SIB) is
                         adalah tambahan modal yang berfungsi                   an additional capital which serves to
                         untuk mengurangi dampak negatif                        reduce the negative impact on the
                         terhadap stabilitas sistem keuangan dan                stability of the financial system and
                         perekonomian apabila terjadi kegagalan                 economy in the event of bank failure
                         bank yang berdampak sistemik melalui                   which has systemic effect through an
                         peningkatan kemampuan bank dalam                       increase in the bank's ability to absorb
                         menyerap kerugian.                                     losses.


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Page 561
               PT BANK MEGA TBK                                                                                   PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                   (Continued)
               Untuk Tahun-tahun yang Berakhir                                                                      For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                      December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                              (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                        Unless Otherwise Stated)

                            Tambahan modal sebagai penyangga                                     Additional capital as a buffer which shall be
                            (buffer) yang wajib dibentuk oleh Bank                               established by the Bank are:
                            adalah:
                            a. Capital Conservation Buffer sebesar                                a. Capital Conservation Buffer amounting
                               2,5% dari ATMR.                                                       to 2.5% of RWA.
                            b. Countercyclical Buffer sebesar 0% (nol                             b. Countercyclical Buffer in the amount of
                               persen) sampai dengan 2,5% (dua koma                                  0% (zero percent) up to 2.5% (two point
                               lima persen) dari ATMR.                                               five percent) from RWA.
                            c. Capital Surcharge untuk D-SIB sebesar                              c. Capital Surcharge for D-SIB in the
                               1% (satu persen) sampai dengan 2,5%                                   amount of 1% (one percent) to 2.5%
                               (dua koma lima persen) dari ATMR Bank                                 (two point five percent) from RWA of
                               yang berdampak sistemik.                                              Banks with systemic impact.

                            Pemenuhan modal sebagai penyangga                                    Fulfillment of capital as a buffer should be
                            (buffer) harus       dipenuhi  dengan                                met by using components of common
                            menggunakan komponen modal inti utama                                equity Tier 1.
                            (Common Equity Tier 1).
                            Bank telah memenuhi ketentuan Bank                                   The Bank has fulfilled Bank Indonesia’s
                            Indonesia yang berlaku tentang Kewajiban                             regulation regarding Capital Adequacy
                            Penyediaan     Modal     Minimum     dan                             Ratio and Calculation of Risk-Weighted
                            Perhitungan Aset Tertimbang Menurut                                  Assets.
                            Risiko.

                        m. Analisis Kualitas Kredit                                          m. Credit Quality Analysis
                            Analisis risiko kredit               berdasarkan                      Credit risk analysis based on internal
                            internal rating grades:                                               rating grades:

                                                                                          31 Desember/December 31, 2024

                                                                                         Kerugian
                                                                                          Kredit               Kerugian
                                                                                        Sepanjang                Kredit
                                                                                         Umurnya              Sepanjang
                                                                                           Tidak               Umurnya
                                                                                        Mengalami             Mengalami
                                                                  Kerugian              Penurunan             Penurunan
                                                                   Kredit                  Nilai/                 Nilai/
                                                               Ekspektasian              Lifetime               Lifetime
                                                                 12 Bulan/               ECL not              ECL-Credit          Jumlah/
                                                              12 - Month ECL          Credit-Impaired          Impaired            Total

                             Kredit yang diberikan yang
                             diukur pada biaya perolehan
                             yang diamortisasi/Loans
                             measured at amortized cost
                             Bucket 1                                 59,790,166                1,146,033                57,069       60,993,268
                             Bucket 2                                    437,953                   20,309               858,126        1,316,388
                             Bucket 3                                          --                 336,846                 1,908          338,754
                             Bucket 4                                          --                 937,879                 5,467          943,346
                             Bucket 5                                          --                   6,512             1,056,384        1,062,896
                                                                      60,228,119                2,447,579             1,978,954       64,654,652
                             Dikurangi/Less:
                             Pendapatan bunga yang
                               ditangguhkan/
                               Unearned interest income                                                                                     (9,371)
                             Cadangan kerugian kredit/
                               Loss allowance                          (187,886)                 (95,291)             (381,700)        (664,877)
                             Nilai tercatat/Carrying amount                                                                           63,980,404




                                                                                    178




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Page 562
         PT BANK MEGA TBK                                                                                   PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                                   (Continued)
         Untuk Tahun-tahun yang Berakhir                                                                      For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                                      December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                                              (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                                        Unless Otherwise Stated)

                                                                                    31 Desember/December 31, 2023
                                                                                   Kerugian
                                                                                    Kredit                Kerugian
                                                                                  Sepanjang                 Kredit
                                                                                   Umurnya               Sepanjang
                                                                                     Tidak                Umurnya
                                                                                  Mengalami              Mengalami
                                                            Kerugian              Penurunan              Penurunan
                                                             Kredit                  Nilai/                  Nilai/
                                                         Ekspektasian              Lifetime                Lifetime
                                                           12 Bulan/               ECL not               ECL-Credit         Jumlah/
                                                        12 - Month ECL          Credit-Impaired           Impaired           Total

                      Kredit yang diberikan yang
                      diukur pada biaya perolehan
                      yang diamortisasi/Loans
                      measured at amortized cost
                      Bucket 1                                  62,938,851                        --               13,460       62,952,311
                      Bucket 2                                   1,311,718                        --                  681        1,312,399
                      Bucket 3                                           --                 342,091                 1,075          343,166
                      Bucket 4                                           --                 669,879                 7,214          677,093
                      Bucket 5                                           --                       --            1,019,750        1,019,750
                                                                64,250,569                1,011,970             1,042,180       66,304,719
                      Dikurangi/Less:
                      Pendapatan bunga yang
                        ditangguhkan/
                        Unearned interest income                                                                                      (11,823)
                      Cadangan kerugian kredit/
                        Loss allowance                           (283,361)                 (57,929)             (263,526)         (604,816)
                      Nilai tercatat/Carrying amount                                                                            65,688,080



                      Analisis risiko kredit               berdasarkan                      Credit risk analysis based on external
                      external rating grades:                                               rating grades:

                                                                                    31 Desember/December 31, 2024
                                                                                   Kerugian
                                                                                    Kredit                Kerugian
                                                                                  Sepanjang                 Kredit
                                                                                   Umurnya               Sepanjang
                                                                                     Tidak                Umurnya
                                                                                  Mengalami              Mengalami
                                                           Kerugian               Penurunan              Penurunan
                                                            Kredit                   nilai /                Nilai /
                                                        Ekspektasian               Lifetime                Lifetime
                                                           12 bulan/               ECL not               ECL-Credit         Jumlah/
                                                        12-Month ECL            Credit-Impaired           Impaired           Total

                      Kredit yang diberikan yang
                        diukur pada biaya perolehan
                        yang diamortisasi/Loans at
                        measured amortized cost
                      Kolektibilitas/Collectibility 1           54,182,692                  621,955                32,276       54,836,923
                      Kolektibilitas/Collectibility 2            6,045,427                1,812,543               870,202        8,728,172
                      Kolektibilitas/Collectibility 3                    --                   6,569                62,589           69,158
                      Kolektibilitas/Collectibility 4                    --                   6,512               112,459          118,971
                      Kolektibilitas/Collectibility 5                    --                       --              901,428          901,428
                                                                60,228,119                2,447,579             1,978,954       64,654,652
                      Dikurangi/Less :
                      Pendapatan bunga yang
                        ditangguhkan/Unearned
                        interest income                                                                                               (9,371)
                      Cadangan kerugian kredit/
                        Loss allowance                           (187,886)                 (95,291)             (381,700)         (664,877)

                      Nilai tercatat/Carrying amount                                                                            63,980,404




                                                                              179




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Page 563
               PT BANK MEGA TBK                                                                                                 PT BANK MEGA TBK
               CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO THE FINANCIAL STATEMENTS
               (Lanjutan)                                                                                                                 (Continued)
               Untuk Tahun-tahun yang Berakhir                                                                                    For the Years Ended
               Pada Tanggal 31 Desember 2024 dan 2023                                                                    December 31, 2024 and 2023
               (Disajikan dalam Jutaan Rupiah,                                                                            (Expressed in Million Rupiah,
               Kecuali Dinyatakan Lain)                                                                                      Unless Otherwise Stated)

                                                                                                    31 Desember/December 31, 2023
                                                                                                  Kerugian
                                                                                                   Kredit                      Kerugian
                                                                                                 Sepanjang                       Kredit
                                                                                                  Umurnya                     Sepanjang
                                                                                                    Tidak                      Umurnya
                                                                                                 Mengalami                    Mengalami
                                                                     Kerugian                    Penurunan                    Penurunan
                                                                       Kredit                       nilai /                      Nilai /
                                                                   Ekspektasian                   Lifetime                      Lifetime
                                                                      12 bulan/                   ECL not                     ECL-Credit                   Jumlah/
                                                                   12-Month ECL                Credit-Impaired                 Impaired                     Total

                             Kredit yang diberikan yang
                               diukur pada biaya perolehan
                               yang diamortisasi/Loans at
                               measured amortized cost
                             Kolektibilitas/Collectibility 1                62,242,122                          115                           --                 62,242,237
                             Kolektibilitas/Collectibility 2                 2,008,447                    1,011,855                           --                  3,020,302
                             Kolektibilitas/Collectibility 3                         --                           --                     79,162                      79,162
                             Kolektibilitas/Collectibility 4                         --                           --                    203,301                     203,301
                             Kolektibilitas/Collectibility 5                         --                           --                    759,717                     759,717
                                                                            64,250,569                    1,011,970                   1,042,180                  66,304,719
                             Dikurangi/Less :
                             Pendapatan bunga yang
                               ditangguhkan/Unearned
                               interest income                                                                                                                       (11,823)
                             Cadangan kerugian kredit/
                               Loss allowance                                 (283,361)                       (57,929)                (381,700)                    (722,990)
                             Nilai tercatat/Carrying amount                                                                                                      65,569,906




                 50. Reklasifikasi Akun                                                         50. Reclassification of Accounts

                        Beberapa akun dalam laporan keuangan untuk                                      Some accounts in the financial statements for
                        tahun    yang   berakhir    pada   tanggal                                      the year ended December 31, 2023 have been
                        31 Desember 2023 telah direklasifikasi                                          reclassified to conform with the presentation of
                        sehingga sesuai dengan penyajian laporan                                        the financial statements for the year ended
                        keuangan untuk tahun yang berakhir pada                                         December 31, 2024:
                        tanggal 31 Desember 2024:

                                                                                  31 Desember/December 31 , 2023
                                                                     Dilaporkan                                     Setelah
                                                                    sebelumnya/           Reklasifikasi/         reklasifikasi/
                                                               Before reclassification   Reclassification    After reclassification


                        Laporan Posisi Keuangan                                                                                              Statements of financial position
                        Utang pajak                                            59,596                78,939                 138,535                              Tax payable
                        Beban yang masih harus dibayar                                                                                                     Accrued expenses
                         dan liabilitas lain-lain                                                                                                        and other liabilities
                         Pihak ketiga                                         639,592              (78,939)                 560,653                            Third parties




                 51. Peristiwa Setelah Tanggal Neraca                                           51. Subsequent Event

                        Berdasarkan    Surat     Bank     Indonesia                                     Based on Bank Indonesia Letter No.
                        No.27/8/DPSP/Srt/B tanggal 13 Januari 2025,                                     27/8/DPSP/Srt/B dated January 13, 2025,
                        Bank Indonesia telah membatalkan pledge                                         Bank Indonesia has revoked the pledge of
                        dana cadangan kasus hukum PT Elnusa                                             legal case reserve funds for PT Elnusa
                        sebesar Rp206.630 pada tanggal 3 Januari                                        amounting to Rp206,630 on January 3, 2025.
                        2025.




                                                                                          180




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Page 564
         PT BANK MEGA TBK                                                                 PT BANK MEGA TBK
         CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO THE FINANCIAL STATEMENTS
         (Lanjutan)                                                                                 (Continued)
         Untuk Tahun-tahun yang Berakhir                                                    For the Years Ended
         Pada Tanggal 31 Desember 2024 dan 2023                                    December 31, 2024 and 2023
         (Disajikan dalam Jutaan Rupiah,                                            (Expressed in Million Rupiah,
         Kecuali Dinyatakan Lain)                                                      Unless Otherwise Stated)

          52. Penyelesaian Laporan Keuangan                       52. Completion of Financial Statements

                 Manajemen Bank bertanggung jawab atas                The management of the Bank is responsible
                 penyusunan laporan keuangan ini, yang                for the preparation of these financial
                 diselesaikan dan disetujui untuk diterbitkan         statements, which were completed and
                 oleh Direksi pada tanggal 7 Februari 2025.           authorized by the Board of Directors for issue
                                                                      on February 7, 2025.




                                                            181




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Page 565
         Disclaimer
         Welcome to the 2024 Annual Report of PT. Bank
         Mega, Tbk. with the theme of “Advancing Technology
         Innovation for Sustainable Futu”. This Annual Report
         is issued in accordance with OJK Regulation Number
         29/POJK.04/2016 concerning Annual Report of
         Issuers or Public Companies and Circular Letter
         of The Financial Services Authority Number 16/
         SEOJK.04/2021 concerning the Form and Content of
         Annual Report of Issuers or Public Companies.

         This Annual Report may contain several statements
         that consist of future projections and views
         describing the Company’s perspective on future
         financial events and performance, as well as financial
         conditions, operating and business results, economic
         conditions, sector conditions and related plans and
         objectives.


         These perspectives are based on various current
         estimations and assumptions that may change in
         line with uncertainties, contingencies, and various
         business risks and economic conditions that may
         change at any time. These variables could cause
         actual results, performance and events to differ
         materially from those predicted or projected; and
         are beyond the control of the Company and the
         Company’s Board of Directors. Such statements are
         not directly or exclusively related to historical facts
         and do not reflect the Company’s intentions, plans,
         expectations, assumptions and beliefs regarding
         future events. There is no guarantee that future
         events will occur, projections will be achieved, or
         that the Company’s assumptions are correct. These
         statements are not and should not be considered as a
         representation of the Company’s future performance.

         This annual report contains the words “Bank” and
         “Bank Mega” defined as PT Bank Mega Tbk, which
         carries out business activities in the banking sector.
         Sometimes, the words “Company” and “Company.” It
         was also used for convenience to refer to PT Bank
         MegaTbk in general. Terms for the currency unit
         “Rupiah”, “Rp” or “IDR” refers to the official currency
         of the Republic of Indonesia, whereas “US Dollar”,
         ‘US$” or “USD” refers to the official currency of
         the United States of America. The entire financial
         information is presented in Rupiah.




Cover_AR Bank MEGA 2024_INA.indd 4                                 05/03/25 00.37
Page 566
         2024




                                              ANNUAL REPORT
                                                     2024
                                                                                  PT. BANK MEGA, Tbk.

         ANNUAL REPORT




         Advancing Technology Innovation
         for Sustainable Future                                                             Advancing Technology Innovation
                                                                                                 for Sustainable Future




                                                Advancing Technology Innovation
                                                     for Sustainable Future




         PT. BANK MEGA, Tbk.
         Menara Bank Mega
         Jl. Kapten P. Tendean No. 12 - 14A
         Jakarta 12790


                                                                                                         2024
                                                                                                        ANNUAL REPORT




Cover_AR Bank MEGA 2024_INA.indd 3                                                                                            05/03/25 00.37

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Names mentioned 181 people and organisations named in the text · linked when the evidence is strong

linked org PT. BANK MEGA p.1 ×1338
linked org Fortune Indonesia p.22
linked org Bayan Resources Tbk p.29 ×2
linked person Chairul Tanjung · President Commissioner p.32 ×14
linked person Yungky Setiawan · President Commissioner p.39 ×9
linked person Achjadi Ranuwisastra · Commissioner p.39 ×9
linked person Lambock V. Nahattands · Commissioner p.39 ×9
linked person Kostaman Thayib · President Director p.43 ×11
linked person C. Guntur Triyudianto · Director p.52 ×8
linked person Martin Mulwanto · Director p.52 ×8
linked person Lay Diza Larentie · President Director p.52 ×9
linked person Madi Darmadi Lazuardi p.53 ×5
linked person Indivara Erni · President Director p.53 ×9
linked person Yuni Lastianto · Director p.53 ×8
linked org Trans Airways. p.75
linked org PT Bank Danamon p.76 ×7
linked person YB Hariantono · Director p.79 ×6
linked org Bank Mandiri p.80 ×11
linked — Standard Chartered p.81
linked org Bank Permata p.82 ×5
linked org International Finance p.84
linked org APAC Investment p.85
linked org Bank UOB Indonesia p.86 ×3
linked person Ivan Purnama Sanoesi p.90
linked org Bank Ina Perdana Tbk. p.90 ×2
linked org PT Bank Central Asia p.94
linked person Dra Harlina Wati Lahardja p.96
linked org Bank Jago Tbk p.98 ×2
linked org Bank DBS Indonesia p.98
possible org Bank Mega’s p.3 ×23
possible org Mega Corpora p.38 ×34
possible person Hizbullah · Commissioner p.39 ×2
possible org PT Mega Bank. p.59 ×8
possible org Bank Mega Bank Mega p.59
possible person Ignasius Jonan p.80 ×3
possible — Morgan Stanley p.85
possible — XL Axiata p.87 ×6
possible org PT Bursa Efek Indonesia p.95 ×3
possible org Prasetio p.96
possible person Achmad Yani p.97
possible org Otoritas Jasa Keuangan p.296 ×4
unresolved org Financial Services Authority p.2 ×15
unresolved org PT Bank MegaTbk p.2
unresolved org Bank Mega Tap p.3 ×3
unresolved org CT Corp p.3 ×10
unresolved org PT CT Corpora p.6 ×5
unresolved org Bank Mega’s DPK p.8
unresolved org 148 Financial Review · Company Name p.10
unresolved org Indonesia Stock Exchange p.19 ×2
unresolved org BAPEPAM-LK p.19 ×2
unresolved org Bank Performances p.22
unresolved org Bank Berpredikat p.22
unresolved org Bank KBMI p.22 ×7
unresolved org Bank Mega Working Meeting p.26
unresolved org PT GHJ Indo Coal p.26
unresolved org PT INKA p.28
unresolved org PT Asian Bulk p.29
unresolved org Bank Indonesia p.33 ×47
unresolved org Bank Mega RDG. By p.34
unresolved org Bank Mega’s DPK. However p.34
unresolved org Bank Indonesia’s p.36 ×2
unresolved org Bank Mega’s Whistleblowing System p.37
unresolved org Bank Mega. Mr. p.39
unresolved org Government of the Republic of Indonesia p.39
unresolved org Bank Mega. Independent p.39
unresolved org 2024 Annual Report • PT BANK MEGA Tbk · Advancing Technology Innovation for Sustainable Future p.39
unresolved org Bank Mega Performance p.44
unresolved org QRIS TUNTAS CT Corp p.45
unresolved person Perry Warjiyo p.49
unresolved org Bank Mega Business Plan p.49
unresolved person Vice · President Director p.55 ×2
unresolved org Ticker · Company Name p.58
unresolved org PT Mega Corpora (58.02 %) p.58
unresolved — Total Employee p.58
unresolved org Bank License Deed p.58
unresolved org PT Bank Karman p.58 ×5
unresolved org Minister of Finance p.58
unresolved org Bank License p.58
unresolved org Bapepam p.58 ×4
unresolved org Bank Mega Facebook p.58
unresolved person Kapten Tendean No. 12-14A p.58
unresolved — South Jakarta 12790 p.58
unresolved — DKI p.58
unresolved org Bank Mega Indonesia p.58
unresolved org Advancing Technology Innovation for Sustainable Future p.58
unresolved org Bank Indonesia’s Decree p.59
unresolved org PT Mega Bank. PARA Group p.59
unresolved org PT Para Rekan Investama p.59 ×2
unresolved org PT Bank Mega. Milestone p.60
unresolved org PT Para Rekan p.60
unresolved org Bank Mega ATMs p.61 ×2
unresolved org Bank 2020 | Mega p.61
unresolved org Bank Indonesia Certificates p.63
unresolved org Bank Mega Games p.65
unresolved org Bank Mega Credit Card p.67
unresolved org Bank Mega’s Board p.72 ×3
unresolved org PT Trans Corpora. p.75
unresolved org PT Trans Airways. Educational Background p.75
unresolved org PT Private Investment p.75
unresolved org PT Rekan Investama Management Development Institute p.75
unresolved org Bank (2010—2014). | Mega p.75
unresolved org Minister of Economic Affairs p.75
unresolved — Served · Independent Commissioner p.76
unresolved org Mega Tbk p.76 ×5
unresolved org Bank Exim p.76 ×3
unresolved org Bank (1992—1997). | Mega p.76
unresolved org AML- Indonesia Tbk p.76
unresolved org Ministry of State Secretariat p.77
unresolved person Madi D. Lazuardi · Director p.79
unresolved org Bank BCA p.80
unresolved org PT AXA Mandiri p.80
unresolved org Risk Management Tbk p.80
unresolved org Minister of Housing p.80
unresolved org Ministry of Public Works and Housing p.80
unresolved org Minister of Transform National Economy p.80
unresolved org HSBC Ltd p.81 ×2
unresolved person Seminar · Director p.81
unresolved org Bank Lippo Tbk p.81 ×4
unresolved org Bank Universal p.82
unresolved org Ministry of Home Affairs p.82
unresolved org PT. Xynexis International p.83
unresolved org Business Mega Tbk p.83
unresolved org Bank Administration p.84
unresolved org Bank QNB p.84
unresolved org PT Bank ANZ Indonesia p.85
unresolved org Enhancing Fraud Detection Tbk p.86
unresolved org Bank Bali p.86 ×3
unresolved org PT. Rintis Sejahtera p.87
unresolved org PT. Intikom p.87 ×2
unresolved org Bank Exim. His p.89
unresolved org PT Tirto Bumi Prakarsatama p.89
unresolved org PT Bank Central p.90
unresolved org PT Bank Mega Services Industry p.90
unresolved org PT Bank Hibank Indonesia p.90
unresolved org PT BCA p.90
unresolved org Bank Mega Tower p.91 ×3
unresolved org Mandiri Inhealth Tbk p.92 ×2
unresolved org PT Tunas p.94
unresolved org Ridean Tbk p.94
unresolved org PT Bank Hastin p.94
unresolved org PT Samuel Securitas p.94
unresolved org Bank DIRBM-COAF p.95
unresolved org Bank Graduated p.95
unresolved org PT Astrindo Satrya Kharisma p.95
unresolved org PT Benua Birunusa Holding Companies p.95
unresolved org Financial Services Authority Indonesia Tbk p.95
unresolved org PT Bank Mandiri Public Accountant Reports p.95
unresolved org Audited Financial Tbk p.95
unresolved org Bank Pundi Indonesia Tbk p.95 ×3
unresolved org Bank Sumsel Babel. p.96
unresolved org Bank Appraisal Head p.96
unresolved org Bank HCBC Indonesia p.97
unresolved org Bank Branch Sales Head p.97
unresolved org Bank BJB West Java p.97
unresolved org Bank VictoriaInternational p.97
unresolved org Bank UOB Management p.97
unresolved org Bank Ekonomi Raharja p.98
unresolved org PT Bank Pembangunan Daerah Sulawesi Utara p.170 ×2
unresolved org PT Bank Pembangunan Daerah Sulawesi Tengah p.170
unresolved org PT Bank Mega Syariah p.170
unresolved org PT Trans Fashion p.170 ×2
unresolved org PT Trans Entertainment p.170
unresolved org PT Anta Express Tour p.170
unresolved org PT Duta Visual Nusantara TV p.170 ×2
unresolved org PT Trans Burger p.170
unresolved org PT Trans Coffee p.170
unresolved org PT Mega Central Finance p.170
unresolved person Ir.C. Guntur Triyudianto p.273
unresolved org AR Bank MEGA 2024_ENG.indd 292 · 05/03/25 09.39 p.294
unresolved org Menteri Energi p.295
unresolved org Kementerian PUPR p.295
unresolved org Bank Pembiayaan UMKM p.296
unresolved org Pariwisata p.298
unresolved org PT. Rintis p.298
unresolved org Credit Facility p.322
unresolved org Trading Facility p.322
unresolved org Bank Bumn p.322
unresolved org Credit Proposals p.322
unresolved org Bank Mega Kerja Audit p.331
unresolved org Bank Mega. Secara p.351
unresolved org Bank Mega. Seluruh p.351

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